Moody’s retains Baa2 rating for Bulgaria with Stable Outlook

Moody's Investors Service has maintained Baa2 rating for Bulgaria as the country has reported stable economic activity during the last quarter.

Turkish President Recep Tayyip Erdogan faces tough questions at NATO Summit

Turkish President Recep Tayyip Erdogan faced tough questions from German and French leaders about some people held in custody in Turkey.

Cathay Pacific announces plan to lay-off 600 employees

Hong Kong-based Cathay Pacific Airways, the largest international airline in Asia, is preparing to lay off as many as 600 employees at its headquarters.

Chemical giants Huntsman and Clariant agree to merge

After several years of tentative mutual approaches, US-based chemical manufacturer Huntsman Corporation and Switzerland’s Clariant AG have finally agreed to merger to create an entity with a market