The weakness in the leveraged finance market in the past few weeks emphasizes the risks faced by banks that underwrite and invest in these assets, Standard & Poor’s Ratings Services noted in
The Swedish National Parliament has voted to permanently adopt the road charging system trialed by IBM and the Swedish Road Administration in Stockholm last year. This follows a seven-month pilot project in
NCR has recently demonstrated its response to the new challenges and opportunities facing self-service and payment solutions at its regional conference and exhibition in Cyprus. Talking to over 200 senior bankers and
Moody’s Investors Service has maintained the ratings of the banks it rates in Qatar following the recent upgrade of the government’s foreign and local currency bond ratings and the country ceiling for
Moody’s Investors Service has upgraded the foreign currency deposit rating of the HSBC Bank Middle East branches operating in the United Arab Emirates to Aa2 from Aa3. This follows the recent upgrade
In its annual report on the European Union, Moody’s Investors Service says the European Communities’ Aaa ratings and stable outlook reflect the EU’s prudent financial policies, sound loan portfolio, and the firm
Motorola has introduced the TalkAbout T9580RSAME series of two-way radios — the industry’s first radios that combine dependable FRS/GMRS radio communication with Specific Area Message Encoding (SAME) technology, helping to provide consumers
Moody’s Investors Service has upgraded the long-term foreign currency deposit ratings of eight Saudi Arabian banks to A1 from A2 and affirmed their Prime-1 short-term ratings. This rating action follows an earlier
Standard & Poor’s Ratings Services said today it assigned its ‘AA’ senior unsecured debt rating to the Emirate of Abu Dhabi’s (AA/Stable/A-1+) inaugural US$1 billion bond maturing in August 2012. “The ratings
The CSE Main Market Index closed the week at 5080.68, 2.9% lower than the previous week’s close of 5234.02. The average daily trading volumes amounted to €22.4m compared with €24.0m the previous
