Google Inc Chief Executive Eric Schmidt said he expects more regulatory scrutiny from around the world and the company is paying more attention to the way it approaches certain business issues as
Microsoft Corp said on Thursday it will buy computer game designer BigPark Inc for an undisclosed amount, as it pushes its strategy of producing exclusive games for its Xbox entertainment system. Microsoft
Shares climbed on Friday and the dollar slipped slightly after stress tests on U.S. banks produced no big shocks, but stocks sought a positive surprise from U.S. employment data later to keep
Oil rose above $57 a barrel on Friday, remaining near a six-month high, lifted by hopes of an econonomic recovery that could boost falling world oil demand. European shares moved higher as
A rebound in exports in Germany, Europe's biggest economy, provided another sign on Friday the global recession may be easing ahead of the release of key U.S. jobs data. Data showing German
Part-nationalised lender Royal Bank of Scotland posted a small first quarter loss as strong growth at its investment banking arm mitigated the impact of impairment losses and credit market writedowns totalling 5
By Joseph A. Giannone Goldman Sachs Group Inc, Morgan Stanley, JPMorgan Chase & Co and several other big U.S. banks said they were in a position to quickly repay Treasury capital injections
China's vice premier Wang Qishan said the global financial crisis is spreading and the economy will get worse before it gets better, in a written article in the Financial Times on Friday.
Part-nationalised lender Royal Bank of Scotland fell to a small first-quarter loss after bad debts quadrupled and it took another 2.1 billion pound ($3.2 billion) writedown on risky assets. Britain's second biggest
Asian shares dipped and the safe-yen haven yen edged up on Friday in a muted reaction to U.S. bank stress results that provided no real surprises, with investors turning cautious ahead of
