Yahoo Inc named Autodesk Inc Chairman Carol Bartz as CEO, but Wall Street questioned whether the software executive has the experience needed to turn around the Internet media company. While Bartz is
HSBC Holdings is likely to halve its dividend and may need to raise up to $30 billion in a rights issue, according to leading analysts, sending shares in Europe's biggest bank skidding
Britain launched a scheme on Wednesday to guarantee billions of pounds of loans to small and medium-sized companies as pressure grows on the government to fight a deepening recession. Business minister Peter
By Christian Lowe Until the financial crisis hit, Shahin Kerimov sent money home from his job in Russia to his family in Azerbaijan. Now his wages have stopped, they have to wire
Bulgaria has asked the European Union to provide some 400 million euros in aid to help the Balkan country ease its dependence on its sole gas supplier, Russia, the economy ministry said.
The fundamental credit outlook for the banking sector of the United Arab Emirates is negative, reflecting growing pressures in the operating environment, which will weaken the financial fundamentals of UAE banks going
Info2cell.com, the leading mobile service application provider in the Middle East, has signed an agreement with top game and content developer, Maysalward R&D (MRD), as part of their current campaign to improve
Nokia announced that its Qt cross-platform user interface (UI) and application framework for desktop and embedded platforms will be available under the Lesser General Public License (LGPL) version 2.1 license from the
Web search leader Google Inc took another step on Wednesday toward direct competition with Microsoft Corp by recruiting IT resellers to market its Web-based applications to business clients. From the end of
The Cyprus Crisis Management Committee on Tourism has decided to submit to the Ministry of Commerce, Industry and Tourism a number of measures to boost Cyprus’ tourism industry, amidst the world financial
