Moody's Investors Service has downgraded by one notch the global local-currency (GLC) deposit ratings and standalone bank financial strength ratings (BFSRs) of five Pakistani banks: Allied Bank, Habib Bank, MCB Bank, National
Cyber activists striking at companies seen as enemies of WikiLeaks sought to block the website of online payment firm Moneybookers on Friday but denied their campaign was intended to damage economic activity.
The U.S. trade deficit narrowed much more than expected in October, as exports rose a robust 3.2% and imports declined slightly in the face of slackening demand for industrial and petroleum products,
Ireland's parliament pushed through the third major vote underpinning the 2011 budget on Friday, setting the stage for its expected approval next month. Deputies in the lower chamber passed the financial emergency
HSBC named insider Samir Assaf as its new head of investment banking, a last ripple of a power struggle that saw previous incumbent Stuart Gulliver take the top job at Europe's biggest
Iceland hailed a draft deal to end a row over debts it incurred with the British and Dutch governments in a bailout of depositors in a failed bank. Analysts said the agreement
Tennis world number one Rafael Nadal is following in the footsteps of soccer players David Beckham and Cristiano Ronaldo to model men's underwear for Italian designer Giorgio Armani. The fashion house announced
The Ministry of Commerce, Industry and Tourism will soon launch the process for the selection of companies that will undertake the construction of the Energy Center at Vasiliko, Minister Antonis Paschalides said
Chairman of the Foreign Affairs Committee of the Ukrainian Parliament, Oleh Bilorus said Thursday that the visit of a delegation of Ukrainian members of Parliament marks the dawn of strengthening the already
Four companies have so far purchased tender documentation for the upcoming sale of a majority stake in Serbia's state-run Telekom Srbija telephone company, the Finance Ministry said on Thursday. German Deutsche Telekom,
