Stock markets around the world fell sharply again on Wednesday after concerns about economic recession and falling commodity prices were fueled by a fresh spate of gloomy corporate earnings. Emerging markets were
All nine Bank of England Monetary Policy Committee members voted for this month's globally co-ordinated 50 basis point emergency cut in interest rates, minutes of their Oct. 8 meeting showed on Wednesday.
Fears of global recession and a flight from emerging markets overshadowed signs on Wednesday that government attempts to end the gravest financial crisis in 80 years may be bearing fruit. Stocks from
Britain's FTSE 100 slid 2.9 percent by midday on Wednesday, as recession fears hit heavyweight commodity stocks and banks, with investors worrying about metal demand and more soured loans. By 1029 GMT,
Google Inc Chief Executive Eric Schmidt said on Tuesday the company had agreed to keep talking with the U.S. Justice Department about its proposed online advertising deal with Yahoo Inc. Under the
EBay Inc will institute a global ban on the sale of all ivory products via its online auction site by January 1, after a conservation group found over 4,000 illegal elephant ivory
Chinese Internet users have expressed fury at Microsoft's launch of an anti-piracy tool targeting Chinese computer users to ensure they buy genuine software. The "Windows Genuine Advantage" program, which turns the user's
Oil fell below $70 a barrel on Wednesday, pressured by a gloomy outlook for the global economy that could limit the impact of any supply cuts OPEC might agree at a meeting
Moody's Investors Service said in two separate reports that the measures announced by Switzerland to support its largest banks will not endanger the creditworthiness of the Swiss government nor will they lead
PHC Franchised Restaurants Public Ltd (PHC.CY) announced that it has established a subsidiary under the name Colonell Ltd., which in turn has established a subsidiary in Greece, named Positive Eating SA (with
