Britain's leading shares gained 0.8 percent by midday on Tuesday, buoyed by firmer commodity issues and by banks, with HSBC recovering its poise after sell-offing in the prior session on disappointing results.
Oil gained over 30 cents to top $79 on Tuesday, reversing earlier losses in choppy trading that reflected dollar moves in the absence of any clear fundamental momentum to spring out of
European Socialists proposed on Tuesday setting up an emergency fund to prevent defaults by euro zone countries such as Greece that run into trouble and ward off a "locust swarm of speculators".
Greece's debt crisis may end up helping Europe in the long run if it pressures governments to start addressing the potentially colossal costs of pensions and healthcare in coming decades. In the
Dearer oil raised inflation rates throughout the developed world in January, when British consumer price growth of 3.5 percent far outstripped rises in the United States and other rich countries, the OECD
The number of foreign firms bought by British companies fell to a record low in the fourth quarter of last year while foreign takeovers of British firms rose, official data showed on
Moody’s says overall volumes should grow Moody's Investors Service has changed its Industry Sector Outlook for the Europe, Middle East and Africa (EMEA) steel industry to ‘stable’ from ‘negative’, driven by the
The increasingly creative structures that European power companies are implementing to increase their debt capacity need careful consideration to ascertain their ratings impact, Moody's Investors Service said in a new Special Comment.
The fundamental credit outlook for the Israeli banking sector is stable, reflecting expectations of healthy domestic economic growth in 2010, following a shallow contraction in 2008/2009, Moody's Investors Service said in its
Moody's Investors Service has downgraded the local and foreign currency deposit ratings of BMI Bank B.S.C. based in Manama, Bahrain, to Baa3/Prime-3 from Baa2/Prime-2, and its bank financial strength rating (BFSR) to
