FBI sees rise in computer crime

Computer spying and theft of personal information have risen notably in the past year, costing tens of millions of dollars and threatening U.S. security, the FBI's cyber division head said on Wednesday.

Focus shifts to recession, EU to offer aid

The global financial crisis shifted gears on Thursday with fears of recession battering financial markets even as governments sought yet more action to pull the world economy from the brink of collapse.

Recession fears bludgeon global markets

A warning of tough times ahead by Fed Chairman Ben Bernanke sent global markets sharply lower, with Tokyo shares tumbling 10 percent on Thursday, as investors brace for looming recession. Shrugging-off recent

EU set to urge international help for Iceland

BRUSSELS, Oct 16 (Reuters) – European Union leaders were set to express their solidarity with Iceland on Thursday and say it needs the support of the international community to overcome its severe

Swiss banks get emergency funds to fight crisis

Switzerland's two largest banks will receive emergency funding from the country's government and other investors to shore them up against the financial crisis, they said on Thursday. The Swiss government will give