FTSE falls 0.9 pct; banks, retailers drag

Britain's top share index was down 0.9 percent in mid-session trade on Thursday, with banks weighed down by comments from the U.S. Federal Reserve, and retailers weaker after a surprise fall in

Globespan collapse leaves passengers stranded in Cyprus

Around 4,500 passengers were stranded abroad on Thursday after the suspension of Scottish airline Flyglobespan, administrator PricewaterhouseCoopers said. The owner of the airline, Globespan, was put into administration late on Wednesday after

PC market bounces back, to grow through 2013

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.

Fed boosts dollar, shakes bank stocks

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.