Moody’s global speculative-grade default rate continued to fall in October, ending the month at 1.1%, down from 1.3% in September, Moody’s Investors Service reported. The global default rate is at its lowest
The six member states of the Gulf Cooperation Council — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates — have enjoyed an unprecedented economic boom over the past five years. Reflecting
The stable outlook and ratings for Latvian banks reflect their improving credit quality, their efforts to grow market share and their good profitability, Moody’s Investors Service says in its new Banking System
Panda Security has signed a deal with Telmex –the leading telecommunications company in Latin America- to provide almost 2.4 million broadband users with the ‘Prodigy Antivirus’ security solution. Thanks to this deal,
A year after The Yachts of Seabourn announced that it would build two new, ultra luxury ships, advance booking activity for the first, Seabourn Odyssey, has led to the line’s decision to
— 3-year strategic growth plan to be revised higher  Bank of Cyprus Pcl (BOC) is expected to report yet another spectacular rise in third quarter profits ending September, which will allow
Motorola, Inc. has unveiled the MotoPure H12 Universal Bluetooth Headset, a product that helps users to better hear and be heard in dynamic noise environments. Taking the MotoPure H12 to the streets
Moody’s Investors Service has changed the outlook on the B2 long-term foreign-currency deposit ratings of four Pakistani banks to negative from stable. This action is in line with Moody’s sovereign team’s recent
Mindware, a leading IT distributor in the Middle East, has recently been awarded the ‘Best OEM Distributor’ in the region by technology giant Microsoft Gulf at the recently concluded ‘OEM Distributor Awards
Vodafone and have agreed to launch an integrated suite of Vodafone services combined with Nokia Ovi Services on a range of Nokia handsets. These services will offer customers a greater choice of
