Outsourcing is favored as a business tool across Europe, according to a new survey by Ernst & Young of more than 600 decision makers in European companies. The survey highlights that 70%
The Austrian industry-holding stock corporation, Österreichische Industrieholding Aktiengesellschaft (ÖIAG), has started the tender process for selling its 42.75% stake in Austrian Airlines. The Austrian Government gave the go-ahead Tuesday for the search
Moody's Investors Service has placed on review for possible downgrade the D- bank financial strength ratings (BFSRs) and Ba1 long-term local currency deposit ratings of the two rated Georgian banks, Bank of
Moody's Investors Service has confirmed, with a positive outlook, the B2 long-term foreign-currency deposit ratings of 22 Ukrainian banks. The ratings of foreign currency debt instruments issued by five Ukrainian banks have
The Islamic finance sector boasts a growing number of players that are attracted by soaring profits. Moreover, the sector is characterized by unabated demand and government support, especially in the Middle East
Ericsson is launching a pilot in Bangladesh to demonstrate how to improve productivity and quality of life in the country with the use of high-speed internet services through 3G/HSPA technology. The pioneering
Asian stocks fell on Wednesday, with regional shares outside of Japan hitting a 17-month low, on the growing risk of a sharp global economic slowdown. The dollar hovered near six-month highs against
Louis Ltd. has joined a consortium short-listed to develop and operate a new cruise terminal at Marseilles at a time when its other joint venture to develop the Larnaca marina and port
The dollar hit a six-month high against a basket of major currencies on Tuesday, benefiting from weakness in commodities, as investors looked beyond U.S. growth worries to a slowing global economy. The
OTKRITIE FC and Eric Kraus signed mutual cooperation agreement. Under the terms of agreement Kraus will operate as the Company’s Special Adviser for Global Strategy. “Broad experience of Kraus in the capacity
