The world's two largest cellphone makers, Nokia and Samsung Electronics, unveiled on Tuesday their latest rivals to the iPhone as Apple became the top profit generator in the handset industry. Apple Inc
Britain's top share index gained 0.8 percent early on Wednesday, as optimism on the prospects for demand was lifted by data showing a surge in China's factory output, pushing metal prices higher
Global issuance of sukuk or Islamic bonds has surged in recent months in a marked turnaround from earlier in the global credit crisis, according to Moody's Investors Service. Amid current economic and
Capital Intelligence has reduced the long-term foreign currency ratings of Emirates Bank International (EBI) and National Bank of Dubai (NBD) to A+, one notch below that of the sovereign, to reflect the
Moody's Investors Service has issued a negative outlook on the ratings of three Ukraine banks, ranging from ‘uncertain’ to a downright downgrade. Moody’s is maintaining its rating review of Rodovid Bank. However,
The sale of AspisÃŽ? Bank majority stake is on track as this week the final talks will be held with the four parties interested in the bank. The CSE listed Aspis Holdings
European Union states agreed to raise the excise tax on cigarettes by nearly 30 percent to try to reduce smoking and improve public health, a move that could hurt tobacco manufacturers. The
The European Union will hold a special summit on November 19 to choose a president and foreign policy chief, the Swedish presidency said on Wednesday. Swedish Prime Minister Fredrik Reinfeldt, who is
One of the most architecturally stunning features of the 2012 London Olympic buildings — the sweeping, wave-shaped roof to the aquatics centre — has been lowered into place. Designed by Iraqi-born architect
Japan's Nikkei stock average was flat on Wednesday as the yen climbed, offsetting a surprisingly large jump in domestic machinery orders for September and a forecast for a rise in the fourth
