Troubled financial giants getting cash infusions from the U.S. Federal Reserve owe their executives more than $40 billion for past year's pay and pensions as of the end of 2007, the Wall
European stocks fell in midmorning trade on Friday, snapping a three-day rally, as HSBC and Barclays led banks lower, while BT Group dived after warning it would miss earnings forecasts. At 1122
The recent financial crisis could have a negative impact on Intel Corp's business, results of operations and financial condition, the technology bellwether said in a regulatory filing. "There could be a number
Oil fell more than $2 to below $64 a barrel on Friday and in line with other markets was on track to post its biggest monthly fall yet. The slide followed weak
Hedge funds are relying too heavily on their open-plan office arrangements to overhear and prevent illegal trading activities, Britain's financial watchdog has warned. Following its latest programme of visits to assess UK-based
British bank Barclays Plc is raising 7.3 billion pounds ($12.1 billion) from investors from Qatar, Abu Dhabi and elsewhere to allow it to avoid taking UK government rescue cash, it said on
Japan cut interest rates for the first time in seven years on Friday, expecting severe stress in the global economy to persist, while UK banking giant Barclays said it was raising $12
Britain's blue-chip share index shed 1.9 percent by midday on Friday to end a three-day rally, weighed down by banks and telcommuications firms. At 1158 GMT, the FTSE 100 was down 80.14
Sony Corp said five PC makers including Hewlett-Packard Co and Toshiba Corp will recall 100,000 computer battery packs made by the Japanese electronics maker due to a fire hazard. Sony said the
Japanese video game maker Nintendo Co Ltd will likely launch a new model of its top-selling handheld player, the DS, in overseas markets by the summer of 2009, President Satoru Iwata said.
