In a new report on the global reinsurance sector, Moody's Investors Service concludes that restrained demand, overcapacity and fragile market confidence point to a higher chance that credit support will weaken rather
Britain's leading share index rose 1 percent in early trade on Friday, snapping a three-day losing run as banks and miners led gainers ahead of U.S. jobs data. By 0741 GMT, the
World equities climbed higher on Friday, although investors were cautious about U.S. jobs data due later in the day, while the dollar slipped against a basket of major currencies. MSCI's all-country world
G20 policymakers will this weekend promise to keep economic support packages in place until recovery is certain and seek to reassure financial markets they have credible plans to withdraw the stimulus when
Asian stock markets mostly edged higher on Friday, underpinned by encouraging U.S. retail sales but cautious ahead of a U.S. payrolls report, while the Aussie dollar was supported by a spike in
Federal Reserve Bank President Richard Fisher on Thursday said the United States should have a "good snap-back" from recession in the final months of 2009, but that future growth could be a
Moody's Investors Service has affirmed the Baa1 long term and Prime-2 short term issuer ratings of Kuwait Projects Company Holding K.S.C. (KIPCO), but changed its outlook to ‘negative’ from ‘stable’, reflecting deterioration
— 14 so far, deadline extended — The response to the launch of the Stelios Award for Business Co-operation in Cyprus has been overwhelming, according to the organisers, with 14 applications received
The global economic crisis is not over and unemployment will still go up in the months to come, the leaders of Britain, France and Germany warned on Thursday before a meeting of
Cyprus said it expected peace talks to resume next week, after the opening round of new negotiations was postponed because of a row over Greek Cypriot pilgrims. "The talks will continue as
