The Bank of England's Monetary Policy Committee voted 8-1 to cut interest rates by 50 basis points to a record low of 1.5 percent this month, with arch-dove David Blanchflower calling for
Microsoft Corp is expected to post a quarterly profit that misses its own target and announce thousands of job cuts this week as the global economic slump hurts even the technology industry's
Apple said on Tuesday it had launched an online shop selling second-hand Apple products in China, offering discounts of up to 22 percent, as it looks to beef up its business in
Intel Corp is slashing prices on a number of its processors, including cuts of up to 40 percent on some of its higher-powered, faster quad-core chips, as the world's largest chip maker
British Barclays Plc's shares tumbled a third in value to a 24-year low on Wednesday as the threat it needs to raise funds or could be nationalisated continued to dog the bank.
Fears about job security have the all too human effect of turning spenders into savers, though in emerging Asia, where shuttered factories multiply by the day, being too scared to spend could
A new play set on the bond trading floor of a leading British investment bank examines how clashing egos, greed and vanity can push people to take huge risks with money that
By Susan Fenton Stock investors reeling from last year's market mayhem may take some solace from practitioners of the ancient Chinese art of feng shui, who predict a calmer, if subdued, performance
By Martina Fuchs Jackie Prosser is a determined mother. Working in fashion, she says she is highly exposed to the global recession, but plans to cut back on other treats to keep
Barack Obama took power as the first black U.S. president on Tuesday and quickly turned the page on the Bush years, urging Americans to rally to end the worst economic crisis in
