Wall Street's manic dealmaking reached a new pitch on Wednesday as U.S. share prices plummeted to three-year lows and forced increasingly desperate major banks to scramble for merger partners. With the financial
Asian stocks tumbled 3-7 percent on Thursday, with emergency actions by central banks and governments around the world failing to ease a financial crisis that has sent investors fleeing to government bonds.
U.S. President George W. Bush has canceled a planned visit to Alabama and Florida on Thursday to focus on the Wall Street financial crisis, a White House spokesman said late on Wednesday.
By Rina Chandran (Reuters) Long before "green" cars became trendy in other parts of the world, a boxy electric two-seater began rolling out of a small factory in the Indian city of
British Prime Minister Gordon Brown suffered a new blow on Thursday with a poll showing the opposition Conservatives 28 points ahead of Brown's Labour Party and on track to seize more than
John McCain called for an end to the "casino culture on Wall Street" and Barack Obama demanded protection for ordinary citizens as financial markets stumbled again on news of a government bailout
U.S. stocks plunged at the open and government debt rallied in a renewed bid for safety on Wednesday as investors worried the U.S. government's rescue of insurer American International Group wouldn't be
Oil rose on Wednesday after the U.S. government rescue of American International Group calmed global markets and on rising concerns about the impact of Hurricane Ike on offshore oil rigs in the
Apple's iPhone 3G has won a public vote to find the year's best gadget, beating strong competition from three games consoles, a budget laptop and a balloon-shaped iPod speaker system. The latest
Shares of Wall Street firms Morgan Stanley and Goldman Sach plummented on Wednesday and the UK's biggest mortgage lender, HBOS Plc, looked set to be bought as signs of financial industry distress
