Moody's Investors Service has downgraded the long-term foreign and local currency deposit ratings of Technikabank (TB) to B3 from B2. The outlook for the long-term deposit ratings and the bank financial strength
World leaders will commit to keep spending to prop up their economies at a G20 summit next week, Russia said on Wednesday, while France appeared to tone down its rhetoric on the
New U.S. housing starts and permits rose in August to their highest level in nine months and the number of people filing of unemployment benefits fell last week, evidence a solid economic
U.S. President Barack Obama has told east European states he is backing away from plans for an anti-missile shield there, in a move that may ease Russian-U.S. ties but fuel fears of
Banks will be singled out by the European Commission next week as often having opaque fee structures and could face action to improve treatment of account holders, an official at the EU
European stocks were up 0.6 percent around midday on Thursday, trading at 11-month highs with banks such as UBS pacing the gains, driven by mounting optimism over a quick global economic recovery.
The Bank of Japan said it was slightly more optimistic about economic and financial conditions on Thursday, bringing it a step closer to phasing out support for corporate funding. The central bank
U.S. stock index futures rose slightly on Thursday, edging toward a fourth straight positive session, as investors awaited key data on the labor and housing markets. * The Labor Department is to
Banks and commodity stocks helped lift the FTSE 100 0.7 percent by midday on Thursday, taking its rally into a fifth straight session on global economic recovery hopes. At 1122 GMT the
Allied Irish Banks and Bank of Ireland shares soared on Thursday on expectations the government may not have to take equity in the lenders following the creation of a "bad bank" to
