Financial Institutions Moody’s cuts China outlook on eve of NPC, cites reform, fiscal risks Noha Gad Mar 2, 2016 0 Moody's downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday, citing…
World Shares fall with oil prices, yen in demand Noha Gad Feb 24, 2016 0 Shares fell in Europe and Asia on Wednesday as oil prices dipped after Saudi Arabia effectively ruled out output…
MENA News Saudi Arabia set to announce 2016 budget amid oil plunge aya salah Dec 28, 2015 0 Saudi Arabia, seeking to cope with the lowest oil prices in more than a decade, may announce cuts in capital…
International News Greek parliament approves austere budget for 2016 Noha Gad Dec 6, 2015 0 The Greek parliament approved a 2016 budget featuring sharp cuts in spending and some tax increases to satisfy the…
Banks ECB cuts deposit rate, extends purchases to boost inflation Noha Gad Dec 3, 2015 0 The European Central Bank cut a key interest rate on Thursday and announced an extension of its monthly asset…
Industry & Trade VW cuts 2016 capital spending plan as cheating scandal widens Noha Gad Nov 21, 2015 0 Volkswagen AG (VOWG_p.DE) cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its…
Tech news IBM revenue falls more than expected, cuts profit forecast Noha Gad Oct 20, 2015 0 International Business Machines Corp (IBM.N) posted a bigger-than-expected drop in revenue and cut its full-year…
forex news Oil Prices Fall As World Bank Cuts Economic Growth Outlook Amwal Al Ghad English Jun 11, 2015 0 Crude oil futures fell on Thursday as the World Bank cut its global economic growth forecast, ending a two-day…
Tech news BlackBerry cuts Jobs Worldwide as it consolidates Businesses Noha Gad May 23, 2015 0 Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it…
Tech news Intel Sees Revenue Holding, Cuts Capital Spending, Shares Up Amwal Al Ghad English Apr 15, 2015 0 Chipmaker Intel Corp forecast revenue broadly in line with Wall Street's expectations and signaled a hefty cut in…