World stocks slipped from this week's six-month peak and the dollar fell to its lowest in almost five months on Thursday after the Federal Reserve lowered its forecast of U.S. economic growth
Former Federal Reserve Chairman Alan Greenspan said the U.S. economy and financial markets had improved but warned that banks faced a capital shortfall, which could stall lending and obstruct a recovery, Bloomberg
Americans could face higher unemployment for some time to come, President Barack Obama warned on Wednesday, underscoring the tough challenges the country faces even as the economy shows signs of stabilizing. Obama,
Italian industrial group Fiat SpA (FIA.MI) has more than a 50 percent chance of succeeding with its plan to tie up with Opel, La Stampa said on Thursday, citing Fiat chief executive
Bank of America Corp (BAC.N) wants to pay back $45 billion in bail-out funds by the end of the year, accelerated by a program to raise capital, the Financial Times reported on
Japan's Nikkei average fell 0.9 percent on Thursday, dented by Honda Motor Co and other exporters as the yen climbed to a two-month high on the dollar and after the Federal Reserve
Microsoft Corp said on Wednesday a Texas federal jury ordered the company to pay Canadian software firm i4i Ltd $200 million in damages for infringing a patent. The world's largest software company,
French President Nicolas Sarkozy, eager to show himself as a man of the people, has revamped his Facebook networking page with home videos of him flirting and discussing world politics with his
Acer Inc, the world's third-largest PC brand, plans to introduce a phone model running on Google's Android software this year, the head of its phone unit said on Wednesday. The company plans
Euro zone and U.S. business surveys are expected to confirm on Thursday that the world's worst recession in six decades is easing, but that it will take some time before the global
