Fitch cuts Greece's rating after referendum called
Greek government
Paris - Arab Today
Ratings agency Fitch cut Greece's credit rating Tuesday from "CCC" to "CC" -- meaning it is highly vulnerable to default -- following the breakdown of bailout talks and the Greek government's decision to call a referendum.
"The breakdown of the negotiations between the Greek government and its creditors has significantly increased the risk that Greece will not be able to honour its debt obligations in the coming months, including bonds held by the private sector," Fitch said.
"We now view a default on government debt held by private creditors as probable."
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assaultGMT 12:03 2018 Tuesday ,23 January
Egypt military accuses presidential hopeful of crimes including forgeryGMT 11:41 2018 Tuesday ,23 January
UK regulator says Fox's Sky takeover 'not in public interest'GMT 11:38 2018 Tuesday ,23 January
South African jazz legend Hugh Masekela diesGMT 11:36 2018 Tuesday ,23 January
EU removes eight countries from tax haven listGMT 11:32 2018 Tuesday ,23 January
8.2 magnitude quake hits off Alaska: USGSGMT 11:28 2018 Tuesday ,23 January
Mattis calls for Turkish 'restraint' in SyriaGMT 03:43 2018 Tuesday ,23 January
Turkish soldier killed in Syria operation: army
- Tuesday ,23 January GMT 12:03 2018 Egypt military accuses presidential hopeful of crimes including forgery
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 05:09 2024 Tuesday ,06 February
The Saudi-led Arab Coalition Forces have targeted a meeting of Houthi commanders in Beit Al Faqih, Hodeidah, killing scores of the
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 07:41 2015 Tuesday ,11 August
Akhbar al-Saa, UAE's development create attractive place to live
GMT 03:40 2017 Thursday ,27 July
Jordan dealt with embassy’s crime in accordanceGMT 05:03 2012 Thursday ,14 June
BBC to launch Focus on Africa TV programme
GMT 07:38 2015 Saturday ,01 August
Sandstorm forecast after rain in Sharjah, Fujairah, RAK
GMT 19:11 2017 Thursday ,03 August
Why it will feel like 56°C in Dubai today
GMT 09:30 2016 Friday ,15 January
Auto-rally Al-Attiyah wins Dakar stage, heat halts bikes
GMT 23:35 2017 Wednesday ,22 March
33 dead in US-led north Syria air strike ahead of coalition meeting
GMT 20:30 2017 Sunday ,05 March
UAE, Qatar sign MoU on residency and foreigners' affairs
GMT 07:24 2018 Saturday ,13 January
Tunisia protesters give government yellow card
GMT 10:47 2018 Monday ,01 January
Bahrain weather forecast
GMT 10:03 2017 Monday ,04 December
Judge keeps Catalan ex-vice president, three other leaders in jail
GMT 13:26 2017 Sunday ,15 October
'Rat Film' highlights Baltimore's rodents, racism
GMT 20:18 2017 Thursday ,09 March
517 Egyptians back home from Libya via Salloum crossingGMT 18:01 2013 Monday ,01 April
Etro introduces Rajasthan Eau de Parfum
GMT 08:27 2017 Thursday ,02 February
Qaeda stands to gain from Trump strikes on Yemen
GMT 14:14 2015 Sunday ,01 November
Ministry of Education drafting new code of conduct
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor