Friday 25 July 2014

Last-minute Cyprus deal; heavy loss for big depositors

  Cyprus clinched a last-ditch deal with international lenders to shut down its second largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return for a 10 billion euro ($13 billion) bailo


Russians top spenders on jeans

The cheapest jeans buyers are Americans and the most lavish Russians, according to a global study. The survey by Synovate, a leading global research firm, shows Levis' global dominance in denim. It said 16 per cent of women would

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