Real estate and construction firms have been the worst hit in Britain by the global downturn, with the number going bust more than doubling since the credit crunch started two years ago,
U.S. stock index futures pointed to a higher open on Wall Street on Friday, ahead of eagerly-awaited monthly U.S. jobs data and unemployment rate. At 5:29 a.m. EDT, futures for the S&P
Apple Inc's media extravaganza next week is being greeted with unusual calm, as it is uncertain if charismatic CEO Steve Jobs will appear and investors have nothing much to bet on apart
By Ros Krasny Dallas Federal Reserve Bank President Richard Fisher on Thursday said the United States should have a "good snap-back" from recession in the final months of 2009, but that future
The global economy is emerging from a deep downturn but the recovery will be sluggish and unwinding stimulus measures too soon could derail an upswing, IMF Managing Director Dominique Strauss-Kahn said on
By Linda Sieg The greenhouse gas emissions target for 2020 set by Japan's incoming Democratic Party government is based on the premise that there will be an international agreement including China and
New car sales in Britain rose for a second month running in August as the government's "cash for bangers" scheme lured cost-conscious buyers on to forecourts. The Society of Motor Manufacturers and
The G20 will promise this weekend to keep economic support packages in place until recovery is certain and seek to reassure financial markets they have credible plans to withdraw the stimulus when
Bloated inventories and the risk of a price slide will trouble OPEC ministers when they meet in Vienna next week, but oil at close to $70 a barrel is expected to convince
European Union president Sweden called on Friday for an extra informal summit meeting on Sept. 17 in Brussels to coordinate the EU's position ahead of the G20 Summit in Pittsburgh. Swedish Prime
