Dubai has ring-fenced prized assets such as Emirates airline from the $26 billion debt restructuring of Dubai World, denting fragile investor sentiment ahead of talks between the state conglomerate and key creditors.
The projected long-term cost of the U.S. government's bailout of the nation's big banks is going to be at least $200 billion less than previously thought, a Treasury Department official said on
Dubai moved on Monday to ring-fence prized assets from the $26 billion debt restructuring of Dubai World, denting already fragile investor sentiment ahead of talks between the struggling conglomerate and key creditors.
Stock index futures were lower on Monday on growing sentiment U.S. interest rates could rise sooner than had been anticipated following last week's surprisingly optimistic jobs report. Interest rate concerns will be
Britain's top share index fell 0.5 percent on Monday, as concerns over a potential windfall tax dragged banks lower, while miners and energy stocks dropped with commodities prices as the U.S. dollar
Social networking site Facebook said it has formed an advisory board comprising five Internet safety organizations to consult on issues related to online safety. Facebook plans to regularly meet board members to
Digital China, a Hong Kong-listed information technology company, is to distribute Research In Motion's Blackberry handsets, accelerating RIM's effort to expand into mainland China. The agreement will "help RIM further expand its
Music-lovers watching their favorite acts at live concerts are increasingly becoming targets for gangs of mobile phone thieves, British police said on Monday. Detectives warn that they have seen a growing problem
Minister of Health Christos Patsalides has said he was satisfied with the free vaccination programme launched late November by the government of Cyprus against the H1N1 virus. “The Ministry is satisfied with
European shares retreated from a two-week closing high the previous session, with UK lenders pressured by the possibility of a tax on bankers' bonuses. At 0904 GMT, the FTSEurofirst 300 index of
