The chief executive of Nokia, the world mobile phone leader, gave credit to new competitors from the computer world on Wednesday, but said his company was set to respond to all challengers.
Microsoft Corp is stepping up efforts to improve online search, where it considerably lags market leader Google, by establishing a three-center research facility in Europe, it said on Thursday. Microsoft, whose efforts
Japanese video game maker Nintendo Co Ltd said on Thursday it would launch its new DS handheld game console on November 1 in Japan for 18,900 yen ($179). The new DS model
The European Commission has put forward a revision of EU rules on capital requirements for banks that is designed to reinforce the stability of the financial system, reduce risk exposure and improve
European shares rose in choppy early trade on Thursday, supported by the passage of a $700 billion bailout package for the financial sector by the U.S. Senate, but concerns persisted about the
Widening spreads on borrowing applied by Cyprus banks and a global credit crunch have failed to dent the appetite of Cypriots to borrow, with the latest figures from the August 2008 Monetary
Moody's Investors Service has changed the outlook on the Baa3/Prime-3 long- and short-term foreign currency deposit ratings of three Bulgarian banks — DSK Bank, Raiffeisenbank (Bulgaria) and Piraeus Bank Bulgaria — to
British bank Northern Rock has withdrawn several savings products after a surge in deposits put it close to breaking a pledge not to take advantage of its state ownership, it said on
Recent market turmoil may depress business and consumer confidence and slow global economic growth, exacerbating existing trends that have been causing corporate credit quality to deteriorate for more than a year, Moody's
By Paul Day (Reuters) Rodolfo Jaramillo looks around his Madrid apartment at the stacked stereo system and a picture of parakeets on the wall, and shrugs. It's been three months since he
