Quarterly profits at top U.S. investment bank Goldman Sachs slid 70 percent on and shares in Britain's HBOS plunged by about a third as financial sector carnage snowballed beyond insurer AIG. The
Greece's conservative government has fallen behind the socialist opposition for the first time in years, hit by corruption allegations and a slowing economy, an opinion poll showed on Tuesday. Prime Minister Costas
Bank of Cyprus announced that it has been notified by Morgan Stanley that on Wednesday 10 September 2008 Morgan Stanley & Co International Ltd and Morgan Stanley & Co Incorporated New York
Asian stocks dropped, with markets in Japan and Hong Kong down 5 to 6%, and government debt prices climbed on Tuesday, on investor fears that trouble at American International Group will spread
Future Sony Ericsson phones launched under its new Xperia brand may not be based on Microsoft Windows, the handset maker said at the launch of its digital marketing campaign for the Xperia
A deal by Google Inc and Yahoo Inc to share some advertising revenue will mean less money for newspapers and weaken Yahoo in the long run, the World Association of Newspapers said
A four-foot-long helicopter flew itself over the Stanford University campus on Monday in a test of artificial intelligence that researchers say could be used to scout wildfires or on military missions. The
The recently ousted chief executives of Fannie Mae and Freddie Mac are eligible for the pensions and 401k savings plans they built up while working for the mortgage giants, The Wall Street
British bank Barclays is in talks with Lehman Brothers to buy its core U.S. broker-dealer businesses, including equity, fixed income, M&A advisory and other parts, people familiar with the matter said. Barclays
American International Group Inc, thrown a $20 billion lifeline by New York state, came under renewed pressure on Tuesday as ratings agencies downgraded the insurer's debt and the financial sector meltdown spread.
