The outlook for Bahrain's banking system remains negative, reflecting expectations that challenging credit and business conditions will continue over the medium term, notwithstanding the modest rebound in the economy, Moody's Investors Service
Global stocks cut losses and the dollar rebounded on Wednesday after stronger-than-expected data on U.S. jobs and services industries rekindled bets on riskier assets. U.S. Treasuries extended losses as investors booked profits
Greece expects to win a qualified thumbs-ups for its efforts to resolve a debt crisis and to get approval for a fresh 9 billion euro payment from its bailout fund once IMF
2010 continues to be a year of improvement for Middle East sovereigns, Moody's Investors Service said in a mid-year update. However, the rating agency cautions that the pace of economic recovery is
U.S. wheat futures climbed on Wednesday, rising just over 3% and back within range of 22-month peaks as worries about output in the drought-ravaged Black Sea region resurfaced after the previous session's
Greek economic sentiment improved slightly for the second straight month in July with better outlooks in industry and services offset by declining readings in the retail and construction sectors, a survey showed.
Citigroup is poised to put its British online bank Egg up for auction as part of a plan to dispose of billions of dollars in unwanted assets, the Financial Times said on
The makers of the BlackBerry smartphone held last-ditch talks with Saudi Arabia on Wednesday to avert a threatened cut-off of a key service while India took a tough line with the Canadian
The vast majority of oil from the BP spill in the Gulf of Mexico is gone, President Barack Obama's energy adviser said on Wednesday, and the remaining oil reportedly does not pose
British house prices rose 0.6 percent in July, reversing the previous month's fall, mortgage lender Halifax said on Wednesday as it maintained its view that house prices would flatten off this year.
