Moody's Investors Service said that the recently proposed consolidation of Dubai's two largest master real estate developers, Emaar Properties and the real estate activities of Dubai Holding Commercial Operations Group, would create
European stocks slipped while U.S. stock futures pointed to a weaker open on Wall Street on Tuesday after strong optimism over corporate earnings sent world stocks to fresh 9-month peaks. BP's disappointing
While the debate rages among policymakers on when to even start talking about strategies for withdrawing emergency support for the economy, money markets are increasingly convinced the European Central Bank will have
The dollar edged lower against most major currencies on Tuesday, hitting an eight-week low against the euro as investor sought riskier assets, though the greenback's losses were tempered after share prices pared
Britain's top share index slipped in mid-session trade on Tuesday, as miners and energy stocks led the market lower. By 1027 GMT, the FTSE 100 was down 7.21 points, or 0.2 percent,
European shares were lower around midday on Tuesday in choppy trade with falls in banking and energy stocks overshadowing gains in drugmakers. By 1045 GMT, the pan-European FTSEurofirst 300 index was down
Oil firmed above $68 a barrel on Tuesday, in its most sustained rally since hitting record highs in July last year, supported by renewed optimism over a global economic recovery. U.S. oil
Oil giant BP Plc said it had increased its cost reduction targets for 2009 by 50 percent to $3 billion, as it reported a halving in second quarter profits due to lower
U.S. and Chinese officials began grappling on Monday with how and when to withdraw the huge economic stimulus spending each has applied and to put in place measures to promote steadier long-term
The major music labels are planning a new digital album format that will debut with a tablet-like personal computer from Apple Inc in September, people familiar with the plans said on Monday.
