Berlin - Resurgent inflation and global economic uncertainty have combined to undercut business confidence across Europe with two key sentiment surveys falling sharply on Thursday. While business confidence in the 15-member eurozone's largest economy...

THE GLOBAL financial market turmoil may present risks to local banks, but not to the point that their credit ratings will be affected, global debt watchdog Fitch Ratings said.

Sales professionals attending the Second Annual HSMAI Hotel Sales Strategy Conference will receive a special white paper addressing the impact of increased transportation costs and the slowing economy on lodging sectors.

OSAKA -(Dow Jones)- A slowdown in the global economy over the next few quarters will likely tame oil prices, International Monetary Fund Managing Director Dominique Strauss-Kahn said Friday.

TOKYO : Japan's economy grew at a faster than expected 3.3 percent annualised pace in the first quarter of 2008 despite a global credit crunch and US economic slowdown, official figures showed Friday.