British finance minister Alistair Darling said on Friday he was confident the British economy would get through a "difficult period" after data showed the economy shrunk more than expected in the third
Britain's economy shrank, China said the outlook was grim and companies from Japan to France were punished on Friday as a downturn born of the worst financial crisis in 80 years took
Microsoft Corp reported better than expected quarterly profit and reduced its outlook less than many investors had feared in the face of tough economic conditions. While demand for its products softened near the
A Bear Stearns mortgage portfolio backed by the U.S. government racked up $2.7 billion of losses in the third quarter, amounting to a 9 percent decline on about $30 billion of assets,
Troubled insurer American International Group Inc (AIG.N) had borrowed $90.3 billion from the U.S. government as of Wednesday, three-quarters of the emergency funds made available to it under a federal rescue plan,
Five centuries after Leonardo da Vinci's intricate drawings transformed understanding of the human heart, a new computer model promises to do the same for modern-day cardiac care, experts say. The model —
Global stocks tumbled to a new five-year low on Friday and demand for the relative safety of government bonds and low-yielding currencies soared as economic decline and corporate damage continued to grip
European governments are coming under pressure to prop up the job market, as they have the financial sector, to prevent a dramatic rise in unemployment. According to the latest data from Eurostat,
The Athens Stock Exchange and the Cyprus Stock Exchange in cooperation with the FTSE group announced the introduction of a new index named ‘FTSE/ATHEX-CSE Banking Index’, which will capture the performance of
Demetra Investments Plc (DEM.CY) increased its participation in the share capital of Logicom (LOG.CY) by 0.007% to 5.547%.
