Cyprus will inject an additional liquidity of 1 billion euro in the banking system in a bid to stimulate the decline of interest rates and to refinance expiring public dept, Finance Minister
The world will finally get a peek into the finances of troubled U.S. banks this week as earnings season gets under way, but recent accounting changes mean investors might not know what
Oil fell to around $51 a barrel on Monday after the International Energy Agency cut its forecast for oil demand, overshadowing data showing Chinese crude imports rose to their second highest ever.
Asian stocks rose on Monday on hopes for the global economy, with Taiwan shares hitting a near 7-month closing high, while oil prices slipped below $52 after a dramatic oil demand downgrade
The chief executives of Microsoft Corp and Yahoo Inc met last week to discuss potential partnerships between the companies' Internet search and advertising operations, the technology blog All Things Digital reported on
Standard & Poor's cut its rating on General Motors Corp's (GM.N) $4.5 bln senior secured revolving credit facility deeper into junk, due to a shrinking pool of assets available to repay lenders
More than three months into a medical leave from Apple, Chief Executive Steve Jobs remains closely involved in key aspects of running the company, the Wall Street Journal reported Saturday, citing people
EBay Inc has agreed to buy a controlling stake in South Korean online retailer Gmarket Inc for $413 million, at a 32.5 percent premium, news service eDaily reported on Monday. The long-discussed
The founders of Web telephone service Skype, currently owned by eBay Inc, are interested in bidding for the company they sold some four years ago, according to a media report. Co-founders Niklas
The chief executives of Microsoft Corp and Yahoo Inc met last week to discuss potential partnerships between the companies' Internet search and advertising operations, the technology blog All Things Digital reported on
