fm

Moody’s Investors Service has changed the outlook on the B3/Not Prime foreign currency deposit ratings of the four rated Lebanese banks – Bank Audi, BLOM Bank, Byblos Bank and Bank of Beirut

Lehman Brothers Holdings Inc has ample liquidity to run its business and will generate positive earnings and grow book value per share this year, said Citigroup analyst Prashant Bhatia, who upgraded the

U.S. personal income rose more than expected in February as the economy teetered on the brink of a possible recession, while both personal spending and a key price measure increased only slightly,

U.S. Treasury Secretary Henry Paulson said on Friday that an economic stimulus program that will put $168 bln into consumers’ hands this year and next could help create hundreds of thousands of

British Airways cancelled a fifth of flights from its new $8.6 bln terminal at London‘s Heathrow airport on Friday as chaos from its shambolic opening spilled into a second day, according to

The Aaa-rated governments engulfed in the current financial crisis can successfully act as “anchors in the storm” for ailing financial institutions without risking a sudden massive ballooning in government debt that would

Shari’ah-compliant banking is a recent phenomenon in Africa, discovered by most Muslim Africans only over the past decade. Conservatively assuming that banking entrenchment in Africa represents an average 50% of the total

Motorola, Inc. is making it easier for businesses to get a complete, integrated mobile computing solution by making Good Mobile Messaging and Good Mobile Intranet available to more than 10,000 VARs worldwide