Sony Corp forecast a second straight year of losses as the global recession batters demand for consumer electronics but the Japanese company stopped short of taking any new aggressive steps to cut
The number of foreign tourists visiting Britain in the first three months of this year was 13 percent lower than in 2008, and Britons made 19 percent fewer trips abroad, official data
Wal-Mart Stores Inc (WMT.N) reported a roughly flat quarterly profit on Thursday as its low prices attracted shoppers amid a global economic slowdown, but the retailer's results were limited by a stronger
Stock index futures pointed to a lower open on Thursday after consumer bellwether Wal-Mart reported flat quarterly profits and as investors awaited producer price and jobless data for insight into the state
European shares were lower at midday on Thursday in a choppy session, with energy stocks dropping on weaker crude prices and the banking sector falling from earlier rises. By 1052 GMT, the
Financial publishing and conference group Euromoney said revenues fell 9 percent in April after a 4 percent rise in the six months to end-March and predicted things would get worse before they
Marfin Popular Bank Public Company Ltd (CPB) announced the successful completion of the Capital Securities 2009 issue, which amounted to EUR242,229,000 (total amount offered was EUR250m). The issue was addressed to a
The Annual General Meeting of shareholders of Bank of Cyprus Public Company Ltd (BOCY) approved the payment of a final dividend of EUR0.12 in addition to the EUR 0.15 interim declared and
Turkish municipalities are currently facing a challenging combination of a severe economic downturn and tight funding environment, Moody's Investors Service said in a new Special Comment. Moody's expects municipal budgets to be
Candidacies for the European Parliament elections are being submitted here today, officially signaling the start of the election campaign. Candidacies can be submitted from 0900 (0600 GMT) hours to 1230 local time
