European shares fell on Monday in thin trading, led by financial stocks, on persistent concerns that more help for banks and more coordinated economic stimulus packages would be needed to address the
Hungary will raise the main value-added tax rate to 23 percent from 20 from July to create room to cut taxes on labour, aiming to boost the ailing economy, Prime Minister Ferenc
President Barack Obama has decided to launch a government task force for restructuring the struggling U.S. auto industry instead of naming a "car czar" with sweeping powers, a senior administration official said
The world's top cell phone maker Nokia unveiled on Monday its new online software and media store, hoping to follow the runaway success of Apple's App Store. The focus of the cell
Consumer demand for data services on mobile phones, such as accessing email or browsing the Web on the go, is rising despite the global economic downturn, a survey released Monday found. The
Mobile phone maker Sony Ericsson on Sunday unveiled an 8 megapixel camera phone and unlimited movie download service for mobile phones. The firm also said it would bring to the market in
By MacDonald Dzirutwe Zimbabwe's new finance minister said on Sunday he would reform the central bank and that help from regional power South Africa was crucial for recovery. Tendai Biti from the
By Matthew Bigg Black colleges in the United States are reeling from the impact of a recession that has hit their funding and are struggling to retain poor and middle income students.
Asian stocks came under modest pressure on Monday, with dismal economic data and doubts about prospects for the financial industry outstripping investor relief that a U.S. economic stimulus bill had finally passed.
Venezuela's President Hugo Chavez promised to use a referendum victory that allows his re-election to fight crime and corruption and consolidate socialism in a nation whose oil income has fallen abruptly. With
