Moody's Investors Service has upgraded Lebanon's government bond ratings to B1 from B2, continuing on the trends that led it to place Lebanon's sovereign ratings on positive outlook in December 2009. These
The performance of the UK buy-to-let (BTL) residential mortgage-backed securities (RMBS) market was mixed during the three months to February, according to the latest quarterly indices published by Moody's Investors Service. Moody's
The outlook for the global beverage industry remains stable, reflecting a resilient performance and companies' continued focus on reducing capital investments and costs amidst a still difficult consumer environment, Moody's Investors Service
The EU-harmonised inflation rate (HICP) in Cyprus fell to 2.3% in February, from 2.8% in March, according to the latest figures from the Statistical Service. However, this was still considerably higher than
U.S. stock index futures slipped on Tuesday, a day after Alcoa reported in-line quarterly profit but lower-than-expected revenues as the Dow closed above 11,000 for the first time in almost 19 months.
Greek government bonds gave a cautious thumbs-up to a treasury bill sale on Tuesday which showed Athens had to pay very high yields to entice buyers, keeping alive worries about Greece's funding
The euro erased short-lived gains while German government bonds drew support on Tuesday after a debt sale by Greece that, while successful, reminded investors the country's borrowing costs remain very high. World
The depth of the recession in the construction sector has been underlined by figures on production, showing that the production index in construction fell by 13.3% over the fourth quarter of 2008
Tourism arrivals in Cyprus saw their best monthly increase in years in March, as arrivals of tourists rose by 14.8% over the year earlier to reach 103,803, compared with 90,434 in March
Global oil demand will hit a record high this year, the International Energy Agency (IEA) said on Tuesday, revising up consumption estimates as the world economy recovers from recession. The Paris-based adviser
