business - "credit"

Activity in credit derivatives has continued to explode in spite of investors' and regulators' growing concern that recent events such as the Bear Stearns' implosion have highlighted potential weaknesses in the infrastructure of this market

Intel offered a ray of hope to beleaguered technology investors, arguing it had yet to feel the effect of the credit squeeze that has led to big writedowns by banks

The mood in financial markets remained cautious as investors continued to watch for signs of the impact of the credit crisis on corporate profits

A federal judge on Tuesday refused a Duke University request to sanction lawyers for publicizing a lawsuit in which three dozen Duke lacrosse players say they were harmed by how authorities handled a discredited rape case against three teammates. U.S....

Washington Mutual Inc , the largest U.S. savings and loan, posted a $1.14 billion first-quarter loss on Tuesday, hurt by mounting credit losses as more mortgage borrowers fall behind on payments.

DFM up 0.92%, du rises 4.04%, ADSM up fractionally ... 8th Edition of Careers UAE opens three day run... Oil prices hit intraday trading record of 112.48... Microsoft Global Energy Forum will be held in Abu Dhabi on 29 April... UAE Central Bank governor speaks of complications from falling dollar at IMF meeting... Number of credit card holders in the Middle East will fall marginally according to MasterCard... GCC Sports Tourism Development Conference planned for December 11.

JP Morgan analysts are expecting as many as 40,000 job losses in the City of London in the wake of the sub-prime crisis and global credit crunch.

The small, foreign-owned oil and natural gas firms face a challenge financing projects, as tightening credit markets and persistent concerns about the Kremlin seizing fields prompt bankers to withhold lending.

NEW YORK (Reuters) - Washington Mutual Inc , the largest U.S. savings and loan, posted a $1.14 billion first-quarter loss on Tuesday, hurt by mounting credit losses as more mortgage borrowers fall behind on payments.

Halifax, Britain's biggest mortgage lender, has tightened its lending rules for the second time this month, the crisis in the credit markets grips the wider economy.