European shares fell back from a one-month closing high in early trade on Thursday, after the U.S. Federal Reserve reiterated that its special liquidity measures would expire early next year. At 0808
Global shipments of personal computers bounced back in the third quarter of 2009, a sign that information technology spending will pick up in the coming months, a research group reported on Wednesday.
The dollar hit a three-month high against the euro on Thursday and was generally stronger across the board following a slightly more optimistic assessment about the U.S. economy from the Federal Reserve.
The Federal Reserve on Wednesday voiced growing optimism on the U.S. economy as job losses slow, but repeated a vow to keep interest rates unusually low for "an extended period." In a
The dollar surged broadly and hit a three-month high against the euro on Thursday on short-covering ahead of the year-end, while Asian stocks and other risky assets inched lower. There was limited
Federal Reserve Chairman Ben Bernanke is likely to pass the first hurdle in winning Senate confirmation to serve another term on Thursday but will face unusually strong opposition as his nomination moves
Bank of Cyprus announced that it has acquired 102.862.785 shares representing a 9.7% interest in Banca Transilvania’s share capital with a total acquisition cost of EUR58 mln. The transaction does not have
Britain's FTSE index of leading shares will claw back more losses next year from the financial crisis as the economy makes a stuttering recovery and firms return to profit, a Reuters poll
New U.S. home construction rose less than expected last month, while consumer prices increased marginally, suggesting little urgency for the Federal Reserve to raise interest rates sooner as the economy steadily recovers.
The U.S. current account deficit widened as expected in the third quarter to $108 billion, largely driven by a big trade shortfall, a Commerce Department report showed on Wednesday. The deficit rose
