An increasing number of analysts see oil prices averaging below $100 a barrel over the next two years as doubts about medium-term economic growth outweigh concerns about oil supplies, a Reuters poll found.
Twelve of 31 respondents in the m
Some former Moody's analysts said they felt intimidated by bosses to assign rosy ratings to risky debt products, according to testimony to a government panel probing the causes of the financial crisis.
"While there was never any explicit d
National Bank of Abu Dhabi (NBAD) posted its second-biggest profit ever in the fourth-quarter, surging 59 per cent to Dh744 million ($202.6 million) beating analysts' forecasts.
Full-year profit at the second-largest lender in the UAE rose
Turmoil in credit markets is starting to feed through into equity market fundamentals, but investors have yet to radically shift their portfolios, according to Merrill Lynch's Survey of Fund Managers.
Risk aversion has risen sharply with