The fundamental credit outlook for the UK life insurance system remains negative, in line with Moody's negative outlook for the overall European insurance market. Despite recent improvements in investment markets, the rating
The global paper and forest products outlook was changed to stable from negative, based on Moody's expectations for slightly better business conditions for the sector worldwide in 2010. "Our assumption for 2010
FedEx Corp (FDX.N) forecast third-quarter profit below analysts' expectations, sending the package delivery giant's shares down 3.6 percent in premarket trading. FedEx, considered an economic bellwether because of the scope of its
The Obama administration is to award $2 billion in grants and loans over the next 75 days as part of a plan to dramatically expand Americans' broadband Internet access and create tens
White sugar futures set a record peak and London cocoa climbed to its highest in 32 years on Thursday with investor appetite for both commodities fed by supply concerns that have created
The dollar hit a three-month high against major currencies on Thursday following a slightly more optimistic assessment about the U.S. economy from the Federal Reserve. World stocks fell more than 1 percent,
Britain's top share index was down 0.9 percent in mid-session trade on Thursday, with banks weighed down by comments from the U.S. Federal Reserve, and retailers weaker after a surprise fall in
European shares fell back from a one-month closing high in early trade on Thursday, after the U.S. Federal Reserve reiterated that its special liquidity measures would expire early next year. At 0808
Global shipments of personal computers bounced back in the third quarter of 2009, a sign that information technology spending will pick up in the coming months, a research group reported on Wednesday.
The dollar hit a three-month high against the euro on Thursday and was generally stronger across the board following a slightly more optimistic assessment about the U.S. economy from the Federal Reserve.
