A rout in Asia pushed world stocks to their lowest in 5-½ years on Thursday, while oil fell to below $53 a barrel and safe havens such as the yen gained as
Japan's Nikkei share average fell 4.3 percent on Thursday to a three-week low, with Canon Inc and other exporters battered by a stronger yen and fears that the financial crisis will hurt
Capital Intelligence has downgraded Latvia’s long-term foreign currency rating to ‘BBB-‘ from ‘BBB+’ and its long-term local currency rating to ‘BBB’ from ‘A-‘. The agency has also lowered the sovereign’s short-term foreign
Construction starts on new U.S. homes fell to a record low in October, as did new applications for building permits, data showed on Wednesday, signaling that the national housing downturn may extend
China has told police to ensure social stability as its economy slows, U.S. inflation tumbled at a record pace and markets fretted on Wednesday about whether America's stricken car industry would be
Capital Intelligence, the international credit rating agency, has downgraded Parex Bank’s long-term foreign currency rating to ‘bb+’ from ‘BBB’ and its short-term foreign currency rating to ‘b’ from ‘A’3. At the same
Ericsson has delivered the world's first mobile softswitch using blade technology, to Australian operator Telstra, which has already brought the new MSC Server Blade Cluster into commercial service on its NextG network.
Poland's A2 government bond ratings are supported by the country's high economic and institutional strength, Moody's Investors Service said in its new sovereign credit report on Poland. The outlook for the ratings
The outlook is stable for both incumbent integrated operators and wireless telecommunications companies in EMEA, Moody's Investors Service said in two Industry Outlook reports. The outlook for incumbent integrated operators is supported
Mega Monsters, the latest N-Gage game from Nokia Games Publishing, introduces players to the biggest monster smash on mobile. The result of a mad scientist combining his supply of adorable animals, a
