WASHINGTON, Jan 22 (Reuters) – The U.S. Federal Reserve on Tuesday slashed benchmark U.S. interest rates by a hefty three-quarters of a percentage point in an emergency bid to lend support to
Moody’s Investors Service has assigned Ba1 local and foreign currency long-term issuer ratings to Israel Credit Cards Ltd. The outlook for both ratings is ‘stable’. ICC is the second-largest credit card company
Major Asian stock markets fell as much as 8 percent as panicky investors feared a U.S. recession could derail global economic growth, and a sharp drop in U.S. stock index futures pointed
European stocks were set to fall on Tuesday, adding to the previous session’s sharp declines, as an equities sell-off triggered by mounting fears of a U.S. recession continues to hammer stock markets
Nokia has unveiled the 2600 classic and the 1209, two mobile handsets that offer useful features, range of colors or exchangeable covers for consumers in emerging markets. The Nokia 2600 classic, which
Motorola, Inc. has signed a contract valued at $150 million with Etihad Etisalat (Mobily) to further expand the operator’s GSM coverage in the Northwest and Southwest regions of Saudi Arabia. Under the
Avenir Telecom Group has signed an exclusive licence contract for the production and distribution of mobile telephone accessories under the trade name Lollipops in all of the countries of the European Union.
Record numbers of Britons are fleeing the country for more appealing climates, lower taxes, more affordable property and fewer traffic jams. According to “TimesOnlineâ€, Cyprus tops the list of destinations because it
By Randy Fabi LONDON, Jan 22 (Reuters) – Oil fell by more than $4 on Tuesday to a new six-week low as global stock markets swooned on the growing prospect of a
European shares swung wildly in morning trade on Tuesday and traded 0.8 percent lower after turning briefly positive on market talk of central bank interest rate cuts. At 0914 GMT, the FTSEurofirst
