Wall Street rose at the open on Thursday after new claims for jobless benefits rose more than expected but the number of people seeking extended benefits fell, and a separate report showed
Treasury Secretary Timothy Geithner said on Thursday the government had to beware declaring victory too soon after managing to avert complete financial collapse by bailing out the nation's banks. "History suggests that
Billionaire financier George Soros told Reuters on Thursday he had found a $100 billion route to unlock climate talks in Copenhagen, while one business group complained the talks were "tone deaf" to
The Bank of England left its asset purchase programme intact at 200 billion pounds ($325 billion) and held interest rates at 0.5 percent on Thursday, as widely expected. Policymakers have indicated they
World equities were generally weaker on Thursday, adding to five sessions of losses, although Europe rebounded after recent hits over some of the region's more vulnerable economies. Globally, investors have been closing
Britain's top share index added 0.3 percent in early trade on Thursday, as strength in banks offset weakness in miners and oils, and investors awaited the latest pronouncements from the Bank of
Britain will need to take tough decisions on spending once the economy rebounds but implementing deep cuts now would jeopardise the recovery, finance minister Alistair Darling said on Thursday. In media interviews
Citigroup Inc plans to pay back TARP by raising money in an equity offering that could be announced as early as Thursday and could be some $20 billion, television network CNBC reported,
Apple Inc is preparing to launch a tablet personal computer in late March or April, with manufacturer partners poised to roll out as many as 1 million units per month, according to
Cyprus Finance Ministry signed agreements with commercial banks based in Cyprus and the Cypriot cooperative banks for the allocation of a three-year cover bonds worth of EUR2.2 bln, in a bid to
