Apple Inc sold more than 300,000 iPads on the tablet computer's first day in stores, a strong showing that roughly matched Wall Street forecasts and mirrored the iPhone's debut in 2007. Despite a solid opening weekend, which prompted several investment banks to raise their earnings and revenue forecasts, the bigger test will come later this

Greek banks are being hit by a wave of redemptions as rich citizens and companies look to move their money to big global banks or offshore as the country's debt crisis rages, the Telegraph newspaper reported on its website. Big depositors have been clamouring to move their cash to international financial firms such as HSBC

Greece will launch a multi-billion dollar bond in the United States this month, selling itself for the first time as an emerging market as demand for its debt dwindles in Europe, the Financial Times reported. Greece is seeking $5 billion to $10 billion from U.S. investors to help cover its May borrowing requirement of about

Moody's Investors Service said that subject to sufficient protection being put in place, Greek structured finance and covered bond transactions could achieve Aaa ratings. This follows an earlier report on February 4 where Moody's announced it was reviewing the potential implications of the changing situation of Greek public finances and would not issue any new