European stocks were higher midday on Tuesday as automobile shares rallied after a better than expected reading for an economic sentiment indicator in Germany, the continent’s largest economy and a major car
Standard & Poor’s Ratings Services said that it has raised its long-term counterparty credit rating on Greece-based Alpha Bank A.E. to ‘A-‘ from ‘BBB+’. The ‘A-2’ short-term counterparty credit rating was affirmed.
Following the general approach agreed on 4 December 2007, pending the opinion of the European Parliament, the ECOFIN Council Tuesday adopted a recast of Directive 69/335 concerning indirect taxes on the raising
The European Commission welcomes the adoption by the Council of legislation implementing new rules on the place of supply of services. The legal texts adopted are a follow-up to the political agreement
GCap Media Plc, Britain‘s largest commercial radio company, is to pull back from digital radio to help double profits as part of an overhaul by its new chief executive designed to maintain
Yahoo! rejected Microsoft Corp’s unsolicited $41.6 bln takeover offer as too low on Monday, forcing the software maker to either sweeten the bid or adopt a hostile approach to clinch a deal.
Suzuki Motors Corp. (SMC) announced that it has achieved robust growth rates for the ninth consecutive year with an 11% increase in global production and a 9% growth in worldwide sales. Nearly
Moody’s Investors Service assigned A1 long term local and foreign currency issuer ratings to Saudi Telecom Company (STC), the integrated provider of telecom services which is 70% owned by the government of
In its annual report on Ireland, Moody’s Investors Service says the Irish government’s Aaa bond ratings reflect successful macroeconomic management and a highly competitive, wealthy economy. “Deregulation and other structural reforms have
Nokia and Google today announced that Google’s popular search engine will be integrated with the Nokia Search application, it was announced at the Mobile World Congress 2008 in Barcelona. The integration will
