The Cyprus-based emerging markets credit rating agency, Capital Intelligence, has raised the foreign currency long-term rating of Bank Muscat (BM) to A from A-, and the foreign currency short-term rating to A1 from A2. This follows the recent upgrade in the foreign currency ratings of the sovereign. As the country’s largest bank with a major

AIM Software, a leading provider of enterprise data management solutions based in Vienna, announced the new release of its flagship data management GAIN platform that offers extended facilities for golden copy management and new support for Windows Server 2008 / Windows Vista. The newest release GAIN 4.1 offers extensions to the golden copy platform, providing

Panda Security has released the beta version of its Internet Security 2009. This solution offer maximum protection against malware and identity theft, with a minimal impact on PC performance. The beta version is available at: http://www.pandasecurity.com/promotions/betatest/ Beta testers that try the solution and send incidents to Panda Security will get a 50% discount when buying

Ericsson has become partner of choice for the integration of HSPA mobile broadband modules into Toshiba's business laptop range in Europe, the Middle East and Africa (EMEA). HSPA (High Speed Packet Access) is the world's most widely deployed mobile broadband technology, with 198 commercially deployed networks available in 86 countries. As the use of wireless

Nokia announced that Warner Music Group will make its diverse catalogue of new stars and legendary artists available through Nokia Music Stores around the world as well as through Comes With Music, a revolutionary way for people to discover and enjoy music offered uniquely by Nokia. "Nokia's Comes With Music service will be a significant

Currency volatility declined by the most since 1999 this quarter, with JPMorgan Chase & Co.'s index of implied volatility on dollar options against the euro, the yen, the British pound, the Swiss franc and the Australian and Canadian dollars falling 2.38 percentage points to 10.11 percent. It's the biggest drop since the second quarter of

A Chinese fund manager has won a lunch with famed U.S. investor Warren Buffett after bidding $2.11 million for the opportunity in a charity auction, more than three times what the lunch fetched last year. Zhao Danyang, who runs Hong Kong-based Pureheart China Growth Investment Fund, had the winning bid in the eBay Inc auction

As the summer holiday season begins, sterling's frailty coupled with a rise in airfares due to soaring oil prices are changing Britons' holiday plans in Europe — by far their most popular playground. With Britain's summer shaping up cold, wet and expensive, there is not much sign of a big shift to stay-at-home tourism: visits