Moody’s has placed Israel‘s A2 government bond ratings and the A2 country ceiling for foreign currency bank deposits on review for possible upgrade. The ratings have carried a positive outlook since May
Ericsson and Napster have announced the largest European hosting contract for Napster Mobile, with O2 UK. O2 UK’s customers will be able to search, browse, preview and purchase full-length tracks from Napster’s
The U.S. Federal Reserve is expected to slash interest rates by as much as whole percentage points at its policy meeting on Tuesday as investors warily await investment bank results that could
British inflation leapt further above target to a nine-month high in February but the jump was purely due to changes in the way utility bills are calculated, official data showed on Tuesday.
European shares rose for the first time in four trading days on Tuesday, led by a rebound in financial stocks ahead of the Federal Reserve’s interest rate decision. HSBC, UBS and BNP
The Cyprus tourism industry recorded one of its strongest increases for years in February, with arrivals rising by 11.2% compared with the same month of the previous year. On the basis of
Cyprus is set to revise higher its inflation rate target while at the same time adjusting lower its GDP growth forecast if the global economic turmoil continues at the current pace and
The National Bank of Greece will be concentrating on the corporate sector to fuel its growth in the local market as opposed to expanding its retail branch network, its Chairman Takis Arapoglou
HONG KONG/LONDON, March 17 (Reuters) – An emergency rescue of Bear Stearns Co Inc stunned the Wall Street bank’s staff and pummelled financial stocks on Monday amid fears that few banks are
Estonia has called on the European Union to make cyber attacks a criminal offence to stop Internet users from freezing public and private Web sites for political revenge. Estonian President Toomas Hendrik
