Warner Music and Motorola in mobile partnership

Motorola, Inc. and Warner Music Group Corp. announced a global strategic partnership to create new music-based products and experiences for the mobile platform. This groundbreaking agreement marks the first time a music

Stable outlook for Romanian banking system

The outlook for the Romanian banking system is stable, according to the latest Banking System Outlook for the country by Moody’s Investors Service in. While Romania‘s under-banked economy provides good prospects for

EC proposes wider scope for securities directive

The European Commission has issued its evaluation report on the Financial Collateral Arrangements Directive (2002/47/EC). The report concludes that the Directive has made the use of financial collateral and the enforcement of

Moody’s raises ratings of three Jordanian banks

Moody’s Investors Service has raised the outlook on three Jordanian banks’ long-term foreign currency deposit ratings from ‘negative’ to ‘stable’. This follows Moody’s earlier announcement, changing the outlook on Jordan’s sovereign ratings

Financial Mirror in news deal with euro2day.gr

The Financial Mirror has reached an agreement with Greece’s premier financial news site, www.euro2day.gr, for the exclusive use of business and economic news from Greece and other markets within the Greek-language supplement,

Venezuela stock market in free fall

Venezuela’s financial markets tumbled after President Hugo Chavez promised to nationalise the biggest phone and power companies. The Caracas Stock Exchange closed nearly 19% down, with bonds also lower, amid fears that

Norway firm wins Cyprus energy deal

The Cyprus Energy Regulatory Authority (CERA) has granted a licence to the Norwegian consortium Golar Energy to construct and operate a floating unit at the Vassiliko area that will operate with natural

Nokia Nseries gets trimmer with the N76

Nokia has introduced a trimmer fold model to its Nseries line up, the N76, a new multimedia computer that brings the complete Nseries experience to a sleeker body, with little compromise. With

Apple launches iPhone

Apple Inc., the household communication company that has dropped the Computer from its name, announced at the San Francisco MacWorld Expo that it will introduce the much-awaited iPhone later this year. Steve