Equities rose across the world on Friday after encouraging earnings signals from technology firms such as IBM and a slowly improving tone in beleaguered short-term money markets helped ease recession fears. European
The financial crisis is a defining moment for the world economy and there must be global solutions to end it, British Prime Minister Gordon Brown wrote in The Washington Post on Friday.
Britain's top share index gained 3.7 percent early on Friday after two days of sharp losses as investors looked to pick up cheap, heavily sold stocks, with banks and commodities leading the
The Inland Revenue Department announced that total revenue during the period January – September 2008 advanced by 4.1% yoy to EUR 1.5 bln. The marginal improvement is primarily attributed to higher revenue
Financial institutions ran to their lender of last resort for record amounts of cash in the latest week, under extreme pressure from the worst global financial crisis in a generation, Federal Reserve
The United States is already in what could be its longest recession in decades due to the global financial crisis, and with unemployment set to soar, the Federal Reserve will cut interest
Policymakers around the world scrambled for ways to bolster their economies and banks with South Korean and Australian leaders holding emergency meetings in the face of mounting signs of a severe global
Asian shares gained tentatively on Friday, recovering some of the steep losses in the prior session, after encouraging earnings signals from technology firms such as IBM eased some of the concerns over
The European Union and Canada would stand to gain about $27 billion a year by liberalizing bilateral trade further, according to a joint study issued on Thursday on the eve of their
Democrat Barack Obama holds a 5-point lead over Republican John McCain, with little immediate indication their final public debate did much to sway the U.S. presidential race, a Reuters/C-SPAN/ZOGBY poll showed on
