New car sales in Britain fell an annual 24 percent in April, the Society of Motor Manufacturers and Traders said on Thursday, but it expressed optimism that a brighter future lay ahead.
World stocks rose more than one percent on Thursday to their highest levels of 2009 as investors bet on a stabilisation of the ailing world banking system, battered emerging markets and the
Oil rose towards $58 a barrel on Thursday as a surge in global stock markets raised expectations of economic recovery and of increased demand for oil products. U.S. light crude for June
European shares rose early on Thursday, extending a winning streak to seven days, with banks taking the lead as investors awaited Bank of England and ECB interest rate and policy decisions. By
The Bank of England looks set to leave interest rates at a record low on Thursday and may give little away about the future of its asset purchase scheme ahead of new
Part-nationalised British lender Lloyds Banking Group said bad debts on corporate loans were rising significantly as the economy deteriorates and it reiterated it expected to make a loss in 2009. Lloyds, which
U.S. President Barack Obama, facing criticism over huge budget deficits, will propose on Thursday shaving $17 billion from a 2010 budget that will still hover around $3.5 trillion, administration officials said. About
Microsoft Corp's next version of Windows is stirring fresh complaints of anticompetitive behavior from rivals who say the new version of the operating system gives unfair advantage to Microsoft's Internet Explorer browser,
Microsoft Corp CEO Steve Ballmer said he sees opportunities to work with Yahoo Inc to create a "better search product" but would not comment on discussions that the two may be engaged
Google is more than a fabulously successful company — it is a cultural phenomenon facing increasing U.S. government scrutiny despite its chief executive's campaign support for President Barack Obama. The No. 1
