US Stocks added losses on Friday following a mixed report on July consumer sentiment. Wall Street was already weak ahead of the data after disappointing results from bellwethers Microsoft Corp (MSFT.O) and
Britain's economy shrank more than twice as fast as expected in the second quarter of 2009 to register its biggest annual decline on record, dashing hopes of a speedy recovery from the
Oil fell towards $67 on Friday, after equalling this year's longest rally, due to a fall in U.S. stocks futures following disappointing corporate earnings. U.S. crude eased 4 cents to $67.12 a
Europeans fear more jobs will be lost in the economic crisis, with Scandinavians the most optimistic and Balts the gloomiest, a survey showed on Friday. The Eurobarometer poll, carried out in June,
European services and industry data on Friday suggested the worst downturn in 80 years was easing, but a record economic decline in Britain and gloomy company outlooks cast doubt over any quick
The tech sector's road to recovery just got a lot bumpier. Microsoft Corp's billion-dollar-plus revenue shortfall in its fiscal fourth-quarter abruptly dampened hopes that demand for PCs was on the mend and
Stock index futures pointed to a mixed open on Friday as disappointing results from Microsoft Corp (MSFT.O) and Amazon.com Inc (AMZN.O) curbed sentiment a day after a rally took the Dow industrials
Europe produced a raft of survey reports on Friday that suggested the worst of the recession may have passed by mid-year and that industrial output is starting to stabilise, albeit on government
A broad meeting of working groups, preparing for the assumption of the six-monthly EU rotating presidency, in the second half of 2012, was held here today, under Andreas Moleskis, head of the
Greece urgently needs to redefine its values and restore trust after a seemingly endless series of political corruption scandals, Greek President Karolos Papoulias said in a rare intervention in politics on Friday.
