Moody’s Investors Service has placed the following ratings of Budapest-based MKB Bank Zrt. (MKB) under review for possible downgrade: i) the Aa3 long-term local currency deposit rating, ii) the Aa3 foreign currency
Enterprises see solution as a “win-win†situation  A very large majority of tourism enterprises on both sides of the divide see a solution to the Cyprus problem as a “win-win†situation
Emirates is the first airline in the world to commercially launch an inflight mobile telephone service allowing passengers to stay connected while travelling. The first authorised mobile phone call was made last
The Minister of Commerce, Industry and Tourism, Antonis Paschalides had a meeting with the Ambassador of Egypt, Ahmed Ibrahim Ragheb, where they discussed ways of improving and strengthening tourism between the two
Merrill Lynch & Co and UBS AG may suffer respective first-quarter write-downs of $6.03 bln and $11.06 bln, according to Oppenheimer & Co analyst Meredith Whitney, who slashed her earnings forecasts for
The largest hedge fund run by John Meriwether has plunged 28% this year, forcing the co-founder of the defunct Long-Term Capital Management to scramble again to stem losses and keep investors from
The Cyprus Green Party has asked that critical environmental issues in the occupied areas are also dealt with through the creation of environmental working committees, as agreed to by President Demetris Christofias
Vienna Insurance Group has entered into an agreement with Erste Bank to acquire all of Erste Bank’s insurance operations in Austria, Czech Republic, Slovakia, Hungary, Croatia and Romania for a cash consideration
Japanese consumer electronics maker Sharp Corp said on Thursday it would spend 72 bln yen ($729 mln) to build a new solar cell plant in Sakai, western Japan. Sharp said in July
British business investment in the final three months of 2007 is now estimated to have risen sharply rather than fallen, revised official figures showed on Thursday. The Office for National Statistics said
