Moody’s upgrades six Greek banks

Moody’s upgrades six Greek banks

Moody’s Investors Service on Tuesday upgraded the long-term deposit ratings of six Greek banks that it rates (Alpha, Attica, Eurobank, National, Pancreta and Piraeus) by either one or two notches, as well as the stand-alone Baseline Credit Assessment (BCA) of those banks. The outlook for the long-term deposit ratings for all six banks is positive […]

Business Insolvencies Surge, Reaching Pre-Pandemic Levels

Business Insolvencies Surge, Reaching Pre-Pandemic Levels

By Le Figaro with AFP Published 2 hours ago, Update 56 minutes ago Business insolvencies continued their upward trend in August. nyul / stock.adobe.com Insolvencies affected more than fifty thousand companies, a figure that has increased sharply since the end of the support measures taken during the pandemic. Business insolvencies continued their upward trend in […]

Mixed Performance in NYSE as Market Reacts to US Employment Figures

Mixed Performance in NYSE as Market Reacts to US Employment Figures

The New York Stock Exchange ended in scattered order on Friday, the market finally showing hesitation after having initially reacted well to the US employment figures, on the eve of a holiday weekend (Labor Day). The Dow Jones gained 0.33%, the Nasdaq index lost 0.02% and the broader S&P 500 index gained 0.18%. Nasdaq 2023-09-01 […]

Barrel of Crude Oil Trades with Negative Sign in International Markets

Barrel of Crude Oil Trades with Negative Sign in International Markets

The barrel of crude oil traded today with a negative sign in the international markets of New York and London. West Texas Intermediate (WTI) crude, which operates on the New York futures market (Nymex), fell 0.16% this morning and was trading at US$ 79.70 a barrel in contracts with delivery in October. Similarly, Brent oil […]

The Rise of Castilla-La Mancha Cheese: A Bestseller in the American Market

The Rise of Castilla-La Mancha Cheese: A Bestseller in the American Market

“He left and came back with all my favorite foods: Manchego cheese and chocolate truffles and a cold bottle of Sancerre wine.” This menu is the one enjoyed at a crucial moment in history by the protagonist of ‘Lost’, a bestseller by the American Gillian Flynn that Hollywood made a movie of in 2014 with […]

The QQQ Trust Series1: Unveiling Invesco’s New Sub-Products – The Q Brand Revolution

The QQQ Trust Series1: Unveiling Invesco’s New Sub-Products – The Q Brand Revolution

The “QQQ Trust Series1” fund from Invesco, one of the most important structured funds in the investment world, bestows huge profits on its investors, with the exception of its owner, “Invesco”. This exchange-traded fund, known as “QQQ”, has almost been synonymous with investment in the technology sector since it was launched in March 1999 to […]

Qatar Energy Awards Tecnicas Reunidas $560 Million Construction Contract for North South Gas Field Expansion Project

Qatar Energy Awards Tecnicas Reunidas $560 Million Construction Contract for North South Gas Field Expansion Project

Qatar Energy has awarded Tecnicas Reunidas an additional engineering, procurement and construction contract for the North South Gas Field Expansion Project, worth $560 million, equivalent to about two billion Qatari riyals. The Spanish company’s scope of work includes the construction of pipelines for LNG facilities, with commissioning of LNG storage tanks, an LNG loading dock, […]

Arm, the World Reference in Semiconductor Architecture, Launches IPO on Wall Street

Arm, the World Reference in Semiconductor Architecture, Launches IPO on Wall Street

The company is a world reference in the architecture of semiconductors subsequently manufactured under license for almost the entire global smartphone market. The British champion of microprocessors Arm, a subsidiary of Japanese SoftBank, has officially launched its process of IPO on Wall Street, an operation which could become the most important in technology since that, […]