Nov 13 (Reuters) – Britain's BT Group <BT.L> said on Thursday it was in the process of cutting 10,000 jobs, as it reported second-quarter core earnings and revenues just ahead of revised
The fundamental credit outlook for the Polish banking system is negative, reflecting the increased probability that the financial fundamentals of the country's banks will suffer as a result of the ongoing turmoil
Moody's Investors Service reported in its UK Credit Card Index Report for September that the ABS sector will witness a deterioration over the next coming months despite relatively stable credit card indicators.
Moody's Investors Service has downgraded the long- and short-term deposit ratings and the bank financial strength rating (BFSR) of Bahrain-based Investcorp Bank B.S.C. to Baa3/Prime-3/D+ from Baa2/Prime-2/C-. The ratings of its subsidiary
Indian car market leader Maruti Suzuki India Limited reported a 29.6% increase in sales volume for the domestic A3 segment (SX4, Swift, Dzire, Esteem) in October compared to the corresponding period in
The first nine months of the 2008 financial year developed relatively well for Austrian Post. Total revenues increased by 7.0%, which relates to the initial consolidation of the newly-acquired subsidiaries as well
Nokia Siemens Networks is now putting the power of bringing advanced IPTV applications and services in the carriers’ hands with its latest IPTV software release, Home Entertainment Release 3.0. The new offering
French regional and local governments (RLGs), which already face higher interest payments, will now also have to contend with banks restricting their financing to the sector as a result of worsening market
Fastweb, Italy's second-largest fixed telecoms provider has signed an industrial agreement with Eutelsat Communications via its Skylogic broadband subsidiary that will allow Fastweb to extend the coverage of broadband service through satellite
The outlook for the EMEA electric and gas utilities sector is stable, reflecting the companies' strong fundamentals and ability to generate cash flow, Moody's Investors Service said in a new report. The
