Shopper's carry their purchases in Rome in 2010. Moody's ...
Jun 17th, 2011
(AFP) - Shopper's carry their purchases in Rome in 2010. Moody's Investors Service warned it may cut Italy's credit rating, citing growth risks in the economy, a large budget deficit and ongoing debt woes in Europe.(AFP/Andreas Solaro) -
Apple's Retina-equipped iPad mini is still in short supply at the start of the holiday shopping season. AppleInsider flags a note from†Deutsche Bank analyst†Chris Whitmore, who surveyed more than 100 retail outlets over the past few days to figure out both supply and demand for a range of Apple products during one of the biggest shopping weekends o... [Full Article]
China launched its first ever extraterrestrial landing craft into orbit en route for the moon in the small hours of Monday, in a major milestone for its space program. The Chang'e-3 lunar probe, which includes the Yutu or Jade Rabbit buggy, blasted off on board an enhanced Long March-3B carrier rocket from the Xichang Satellite Launch Centre i... [Full Article]
By Amy Sawitta Lefevre BANGKOK (Reuters) - About 100,000 anti-government protesters gathered in Thailand's capital on Sunday, as simmering tensions between Bangkok's middle classes and the mostly rural supporters of ousted Prime Minister Thaksin Shinawatra threatened to boil over. The protests led by the opposition Democrat Party mark the... [Full Article]
By Karen Freifeld NEW YORK (Reuters) - The liquidators of two Bear Stearns hedge funds filed a lawsuit on Monday against the three major U.S. rating agencies, accusing them of fraudulently assigning inflated ratings to securities in the run-up to the financial crisis. The lawsuit seeks to recover damages from Moody's Investors Service, Standar... [Full Article]