Nov 13 (Reuters) – Britain's BT Group <BT.L> said on Thursday it was in the process of cutting 10,000 jobs, as it reported second-quarter core earnings and revenues just ahead of revised
European Union regulators announced proposals on Thursday that aim to close off loopholes in the EU's strict tax rules and crack down on tax evasion linked to cross-border investments. The idea is
Reuters Governments have announced fiscal stimulus packages to help the world's economies withstand the effects of the financial crisis. Below are some details: * AUSTRALIA: — The government has announced a A$10.4
By Daniel Flynn (Reuters) A dozen black-robed monks chant in the gloom of a candle-lit chapel as sunset brings a new day to Greece's 1,000-year-old monastic community of Mount Athos. "Kyrie eleison
Negotiations to reunify Cyprus are expected to continue into 2009, a U.N. envoy said on Thursday, saying that time was needed to resolve the decades-old conflict hampering Turkey's bid to join the
Cyprus President Demetris Christofias will pay an official two day visit to Russia, November 19-20. An official press release, issued here today, said that during the first day of his visit Christofias
Good progress on the issue of the judiciary has been made in today’s meeting between Cyprus President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat, in the framework of direct negotiations,
The fundamental credit outlook for the Polish banking system is negative, reflecting the increased probability that the financial fundamentals of the country's banks will suffer as a result of the ongoing turmoil
Moody's Investors Service reported in its UK Credit Card Index Report for September that the ABS sector will witness a deterioration over the next coming months despite relatively stable credit card indicators.
Moody's Investors Service has downgraded the long- and short-term deposit ratings and the bank financial strength rating (BFSR) of Bahrain-based Investcorp Bank B.S.C. to Baa3/Prime-3/D+ from Baa2/Prime-2/C-. The ratings of its subsidiary
