Global cellphone sales fell 9.4 percent in the first quarter of 2009 as consumers reined in spending amid the recession, research firm Gartner said on Wednesday. In addition to weaker consumer demand,
Vaccine makers could produce 4.9 billion pandemic flu shots per year in the best-case scenario, the head of the World Health Organization said on Tuesday, as rich and poor countries grappled over
The Australian dollar and emerging market currencies slid on Wednesday as investors began to question how much longer a near three-month rally in riskier assets can last without evidence of a sustained
Japan's economy shrank at a record pace in the first quarter and its ability to turn some modest growth ahead into a lasting recovery will hinge on how soon the global economy
Britain's top share index closed 0.8 percent firmer on Tuesday, pushed up by financials and miners, though gains were limited by figures that showed new U.S. housing starts fell to record lows.
European shares rose to their highest close in more than four months on Tuesday, driven by optimism about a financial sector recovery, though gains were limited by U.S. housing starts falling to
Oil slipped from a six-month high above $60 a barrel on Tuesday along with other commodities and stock markets as data showed U.S. housing starts fell to a record low in April,
British retailer Marks & Spencer said it was hopeful the downturn in its markets had bottomed out as it reported a 40 percent slide in full-year profits and cut its dividend by
Stocks fell at the open on Tuesday after data showed new U.S. housing starts and permits unexpectedly slid to record lows last month, tempering hopes of economic stabilization. The data suggested demand
New U.S. housing starts and permits unexpectedly fell to record lows in April, a government report showed on Tuesday, denting hopes that stability in the housing market was imminent. The Commerce Department
