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Moody's raises Egypt's outlook from negative to stable

Moody's raises Egypt's outlook from negative to stable

October 20, 2014 - 22:55 AMT  18:55 GMT
However, Wael Ziada said the government has yet to clarify its broader economic vision despite some positive steps.
Toyota recalls 247,000 cars in U.S. due to air bag issue

Toyota recalls 247,000 cars in U.S. due to air bag issue

October 20, 2014 - 22:51 AMT  18:51 GMT
A Toyota spokeswoman said the automaker was not aware of any crashes, injuries or deaths related to the recall.
ECB starts buying covered bonds in latest stimulus effort

ECB starts buying covered bonds in latest stimulus effort

October 20, 2014 - 15:29 AMT  11:29 GMT
They carry extra protections for investors, which sets them apart from other such asset-backed bonds made from bundled loans.
Poland should decide on euro path after 2015 vote: President

Poland should decide on euro path after 2015 vote: President

October 20, 2014 - 13:45 AMT  09:45 GMT
Prime Minister Ewa Kopacz's center-right government does not now have the two-thirds majority in parliament needed to do so.
Finance Minister says France to cut deficit at appropriate rate

Finance Minister says France to cut deficit at appropriate rate

October 20, 2014 - 11:15 AMT  07:15 GMT
France confirmed it would break a promise to bring its deficit below an EU-mandated ceiling of three percent of output next year.
Russia to bar state-run companies from importing vehicles: report

Russia to bar state-run companies from importing vehicles: report

October 20, 2014 - 09:50 AMT  05:50 GMT
"The restrictions will be recommended to state companies by state representatives on their boards of directors," a source said.
Germany must increase investment to improve competitiveness: minister

Germany must increase investment to improve competitiveness: minister

October 20, 2014 - 09:31 AMT  05:31 GMT
"We must invest more and improve our competitiveness. We must get to work on this - quickly and in a concrete way," Schaeuble said.
Lufthansa cancels 1,450 flights, adds to train drivers' stoppage

Lufthansa cancels 1,450 flights, adds to train drivers' stoppage

October 20, 2014 - 08:26 AMT  04:26 GMT
Both the pilots' and train drivers' strikes hit at the start of a week-long, half-term holidays in nearly half of Germany's 16 federal states.
Japan Trade Minister resigns over funds misuse allegations

Japan Trade Minister resigns over funds misuse allegations

October 20, 2014 - 08:21 AMT  04:21 GMT
Yuko Obuchi said neckties and handkerchiefs designed by her sister were used for political activities, as gifts and souvenirs.
Bank of America reports big drop in profits

Bank of America reports big drop in profits

October 15, 2014 - 20:54 AMT  16:54 GMT
Net profit for the three months to the end of September was $168mln, down from $2.5bn a year earlier. Total revenue was $21.4bn.
Russia may ban imports of fruits, vegetables from Ukraine

Russia may ban imports of fruits, vegetables from Ukraine

October 15, 2014 - 16:02 AMT  12:02 GMT
Russia suspects Ukraine of re-exporting EU agricultural products, banned by Russia in response to Western sanctions.
Toyota recalls 1.75 million vehicles over faulty brake installation

Toyota recalls 1.75 million vehicles over faulty brake installation

October 15, 2014 - 12:00 AMT  08:00 GMT
The latest brake defect is found in some models of Toyota's Crown Majesta as well as the Noah and Voxy models.
Ameria leadership training: top experts share better management tips

Ameria leadership training: top experts share better management tips

October 14, 2014 - 18:21 AMT  14:21 GMT
Ameria’s management staff, partners and public agencies, as well as local and int’l organizations are participating in the Oct 14-15 master classes.
U.S. banking giant JP Morgan reports $5.6bn profit

U.S. banking giant JP Morgan reports $5.6bn profit

October 14, 2014 - 15:37 AMT  11:37 GMT
“Corporate America is in good shape, with strong balance sheets, and employment trends continue to be positive,” Dimon said.
IFC to boost investments in Armenian economy

IFC to boost investments in Armenian economy

October 13, 2014 - 20:22 AMT  16:22 GMT
Prime Minister Hovik Abrahamyan met with the International Finance Corporation CEO Jin-Yong Cai in Washington.
French bank, Twitter team up to let customers transfer money via tweets

French bank, Twitter team up to let customers transfer money via tweets

October 13, 2014 - 13:31 AMT  09:31 GMT
"Twitter wants to more explicitly demonstrate the overall value of its network as an advertising platform," Thomas Husson said.
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