Bleak economic data in Europe and a wave of profit warnings and job cuts worldwide renewed investors' fears on Thursday, strengthening the case for more government stimulus efforts and encouraging rate cuts.
The Bank of England cut interest rates by half a percentage point on Thursday to a record low of 1.5 percent and is widely expected to cut again in February as it
Hundreds of thousands of people across the Balkans went without heating on Thursday, some hospitals closed and more factories were idle as the impact on the hardest-hit region in the Russia-Ukraine gas
The United Nations may need to offer more help to the Cyprus peace process if it is to succeed, Turkish Cypriot leader Mehmet Ali Talat was quoted as saying on Thursday. Talat,
HSBC, Europe's biggest bank, said on Thursday U.S. stocks were the best bets in 2009 due to the healthy profits some U.S. firms had made over the past two years, though a
World stocks and metal prices fell on Thursday after bleak data and poor corporate earnings stoked gloom about the economic outlook, while sterling eased against the dollar before the Bank of England's
Bleak export data from Europe's biggest economy and a wave of profit warnings and job cuts soured investor sentiment on Thursday after an employment report suggested U.S. job losses in December could
European shares were down in early trade on Thursday, with heavyweight mining stocks taking most points off the index, after a record drop in German exports and weak U.S. jobless data rekindled
Britain's top share index fell 0.1 percent early on Thursday ahead of an expected rate cut from the Bank of England, as deepening gloom on the economic outlook hit broader sentiment and
Verizon Communications Inc has chosen Microsoft Corp to provide Internet search services for cell phones, in what is seen as a blow to rivals Google Inc and Yahoo Inc. Verizon Chief Executive
