The absence or near absence of financial maintenance covenants in a bank loan agreement will probably affect ultimate recovery values should the loan default, but not to the same degree as other
The cost of petroleum products for the construction sector rose by 15.1% over the previous month in June, owing to rising international oil prices since January, although the overall index rose by
Capital Intelligence, the international credit ratings agency, affirmed Monday the foreign currency long-term and financial strength ratings for Bahrain-based TAIB Bank (BSC) at BBB-. The foreign currency short-term rating is also maintained
CompuGroup Holding AG has announced a recommended all-cash offer to acquire the entire issued and to be issued ordinary share capital of iSOFT Group plc for 66p a share or approximately GBP
Concurrent Technologies Plc, a leading specialist in the design and manufacture of high-end embedded computer products, launched its latest 6U CompactPCI single board computer, the PP 402/04x. This dual core processor uses
TF1 Entreprises has acquired a 100% stake in the games publisher Dujardin, one of France‘s leaders in the distribution of board games. In 2006, Dujardin generated turnover of around €6 million. TF1
Ericsson and Bharti Airtel of India have signed one of the world’s largest network expansion deals, worth an estimated USD 2 bln. The state-of-the-art network will help Airtel offer world-class and cost-effective
English speaking expatriates in Cyprus were treated to a series of seminars on investment planning from HSBC International Financial Advisers (Malta) Ltd. Led by guest speaker, Justin Urquhart Stewart, the audience was
Intel Corporation, TMicroelectronics and Francisco Partners have unveiled the company name of Numonyx for the pending independent semiconductor company announced on May 22. Numonyx, being created from the key assets of businesses
Moody’s Investors Service said that it considers the impending merger between Emirates Bank International (EBI) and National Bank of Dubai (NBD) as a very significant and positive development for both banks, and
