Moody's Investors Service has lowered to negative from stable the outlook on the bank financial strength ratings (BFSR) and global local-currency (GLC) deposit ratings of four Lebanese banks – Bank Audi, Blom
Greece's Finance Minister Evangelos Venizelos will head to Washington on Sunday for talks with International Monetary Fund chief Christine Lagarde and U.S. government officials, his ministry said on Wednesday. On Tuesday the
Blockbuster sales of the iPhone and strong Asian business again helped Apple Inc crush Wall Street's expectations, driving its shares up more than 7 percent to a record high and boosting Asian
Samsung Electronics Co launched a thinner and lighter version of its Galaxy tablet in its lucrative home market Wednesday, trying to halt the runaway success of Apple Inc's iPad. The Galaxy Tab
* Bank levy seen as sole option to avoid selective default * German Chancellor Angela Merkel, Europe's reluctant paymaster, doused expectations of any comprehensive solution to Greece's debt crisis at an emergency
Minister of Foreign Affairs Marcos Kyprianou stated that he intends to ask the President of the Republic Demetris Christofias to remove him from office, in relation to the deadly events at the
The world economy should expand steadily this year and next thanks mainly to prospering emerging powers, a Reuters poll showed, but fiscal troubles lurking in Europe and potentially the United States risk
Banks with substantial peripheral euro zone bond holdings, and those that only scraped through the European Union's stress test of 90 lenders, started feeling the heat on Monday from investors anxious they
Brent crude dropped below $117 a barrel on Monday on growing fears of a possible sovereign debt default on either side of the Atlantic and as another potential emergency stock release from
German Chancellor Angela Merkel called on Sunday for private investors to make a major contribution to bailing out Greece, as pressure rose for radical action to cut the country's debt burden. Officials
