Last spring, the future for Viddy, a video-sharing Facebook app, seemed as sunny as southern California's skies. Based a block away from Venice Beach, the 30-person startup impressed prospective investors with skyrocketing
Germany's trade surplus narrowed in January with imports rebounding after two weak months to rise at their fastest pace since last May, data from the Federal Statistics Office showed on Monday. The
Etihad Airways is to expand significantly its reach across Africa after signing a strategic commercial partnership agreement with Kenya Airways, the national flag carrier of Kenya. The national airline of the United
The credit quality of corporates in Dubai is likely to benefit from the combination of emerging markets' growth prospects, strong oil prices and access to debt capital markets, Moody's Investors Service said
All of Moody's-rated sovereigns in the Middle East and North Africa (MENA) have been affected by the global crisis and Arab Spring to varying degrees, but a clear divergence has emerged over
The Lebanese Ministry of Telecommunications (LMoT) and the state-owned Cyprus Telecommunications Authority (Cyta) have agreed to share capacity on Cyta’s Alexandros cable subsystem between Cyprus–Egypt–France, thereby creating reciprocal Eurasia and Eastern Mediterranean
It's the green-hued fuel that has fired flights of poetic fancy since the 1800s, but now the European Union is examining whether to change how absinthe is defined. The intensely alcoholic spirit,
An unspecified number of former managers of Greek state utility PPC were charged with breach of duty on Friday for commissioning a power plant that lost the company about 100 million euros
A former policeman and an ex-prison officer admitted on Friday to selling information to the Sun, a British tabloid newspaper owned by Rupert Murdoch, in the first guilty pleas to come out
World shares hit their highest level since June 2008 and the dollar touched a fresh 3-1/2-year high against the yen on Friday, ahead of U.S. jobs data expected to point to a
