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Latvia ratings downgraded; outlook remains negative
Capital Intelligence has downgraded Latvia’s long-term foreign currency rating to ‘BBB-‘ from ‘BBB+’ and its long-term local currency rating to ‘BBB’ from &ls...
November 19, 2008
US October housing starts, permits at record low
Construction starts on new U.S. homes fell to a record low in October, as did new applications for building permits, data showed on Wednesday, signaling that the national housing downturn may extend w...
November 19, 2008
US prices drop at record pace, China wary of unrest
China has told police to ensure social stability as its economy slows, U.S. inflation tumbled at a record pace and markets fretted on Wednesday about whether America's stricken car industry would...
November 19, 2008
Parex Bank’s ratings downgraded; outlook negative
Capital Intelligence, the international credit rating agency, has downgraded Parex Bank’s long-term foreign currency rating to ‘bb+’ from ‘BBB’ and its short-term foreign...
November 19, 2008
Ericsson, Telstra go live with world's first blade-based mobile softswitch
Ericsson has delivered the world's first mobile softswitch using blade technology, to Australian operator Telstra, which has already brought the new MSC Server Blade Cluster into commercial servi...
November 19, 2008
Poland enjoys strong economy, low risk, says Moody’s
Poland's A2 government bond ratings are supported by the country's high economic and institutional strength, Moody's Investors Service said in its new sovereign credit report on Poland....
November 19, 2008
Outlook stable for EMEA telecom sector
The outlook is stable for both incumbent integrated operators and wireless telecommunications companies in EMEA, Moody's Investors Service said in two Industry Outlook reports. The outlook for ...
November 19, 2008
N-Gage: smash, stomp and shatter with Mega Monsters
Mega Monsters, the latest N-Gage game from Nokia Games Publishing, introduces players to the biggest monster smash on mobile. The result of a mad scientist combining his supply of adorable animals, a ...
November 19, 2008
Trust Steering Wheel in time for Christmas
Race around the track at an incredibly fast speed. Keep ahead of the police or your opponent without crashing at a corner. Easily make u-turns and drive through chicanes... all on a PC or a PlayStatio...
November 19, 2008
Cyprus Commissioner Androulla Vassiliou at the launch of the European Antibiotic Awareness Day
Speech at the launch of the 1st European Antibiotic Awareness Day. EP Strasbourg, 18 November 2008 I am very pleased to be here today for the launch of the first European Antibiotic Awareness ...
November 19, 2008
Oil falls to 22 month low as economic gloom deepens
Oil prices fell toward $53, touching a fresh 22-month low on Wednesday, due to increasing signs of weakening demand as economic gloom deepened. U.S. light crude fell as low as $53.30 a barrel, the...
November 19, 2008
UK warns on cost of rehashing bank bailouts
British finance minister Alistair Darling said on Tuesday that any renegotiations of last month's 37 billion-pound ($56 billion) bailout package for the country's banks could prove costly fo...
November 19, 2008
Auto woes weigh on global stocks
World stocks and oil fell on Wednesday while government bonds and the yen gained as U.S. automakers begged for a bailout from Washington, adding to evidence that the credit crisis is crippling the rea...
November 19, 2008
Banks, commodities lead European shares down
European shares fell in morning trade on Wednesday, led by banks and commodities stocks, as prospects of a deep global recession continued to rattle investors. At 1002 GMT, the FTSEurofirst 300 in...
November 19, 2008
Toyota to cut output, Nissan downbeat
Reeling from a relentless sales slide, Toyota Motor Corp said on Wednesday it would stop all of its North American factories for two days next month, while rival Nissan Motor Co renewed its pessimism ...
November 19, 2008Most Popular News
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