Global stocks clawed back early losses on Wednesday while lower risk government bonds sagged after upbeat economic reports and corporate earnings reinforced views that the worst of the global recession may be
Britain's blue chip shares rose 0.3 percent by midday on Wednesday, supported by gains from banks after Lloyds Banking Group rose on in-line earnings, while reassuring economic data added to positive sentiment.
UN Secretary-General's Special Adviser on Cyprus Alexander Downer reiterated on Tuesday that he is cautiously optimistic the negotiation process aiming to a Cyprus solution can succeed, as talks enter the second phase
Britain's Lloyds Banking Group sank to a 4 billion pounds ($6.8 billion) loss in the first half, battered by a surge in bad debts from its HBOS business, but the bank told
A closely-watched gauge of U.S. factory activity likely rose in July but stayed below the level showing expansion, suggesting the economy might start to emerge from recession in the second half of
Sony Corp will begin selling this month the cheapest digital book reader for the United States, heating up the competition with Amazon.com Inc in the small but fast-growing market for electronic readers.
Wall Street was expected to open lower on Wednesday, slipping back from a nine-month high, as investors awaited further pointers to a potential economic recovery, and more second-quarter earnings. * At 5:23
European shares inched higher on Wednesday, with banks boosted by results from Societe Generale while mining stocks weighed as investors looked ahead to key U.S. data later in the day. At 0832
House prices in Britain jumped 1.1 percent in July and fell at their slowest annual rate in more than a year, mortgage lender Halifax said on Wednesday, as it halved its forecast
The Greek coastguard stopped a group of Turkish journalists and the captain of their boat as they attempted to take photographs near the Greek island of Rho on Tuesday, Turkish and Greek
