Total sales at U.S. retailers in August fell for a second month in a row, according to a government report on Friday that showed consumers were coming under increasing pressure amid rising
Deutsche Bank swooped on rival Deutsche Postbank with a deal worth up to $13 bln that could give it control of Germany's biggest retail lender within three years. It is the second
August wholesale prices dropped by a bigger-than-expected 0.9%, the sharpest retreat in almost two years, the government said on Friday as a big decline in energy costs eased price pressures. The Labor
Expectations that a deal will emerge to save Lehman Brothers mounted on Friday after its plunging share price prompted intensive talks with U.S. officials about rescue options. Lehman's shares added 4% to
Oil rose to around $102 a barrel on Friday, underpinned by Hurricane Ike which could threaten oil refineries in the United States, the world's biggest energy consumer. U.S. crude for October delivery
European shares advanced on Friday as commodities stocks tracked a rise in crude and metals prices, while banks gathered strength on talks about a possible sale of U.S. investment bank Lehman Brothers.
Japan's Matsushita said it would launch the world's smallest digital single-lens reflex (SLR) camera, targeting female users who want a high-performance machine that does not weigh too much. SLR cameras, high-end models
Amazon.com Inc has appointed a senior Microsoft Corp executive to head its U.S. advertising sales as the global Internet retailer ramps up its online ad business, The New York Post reported. Lisa
Minister of Foreign Affairs Marcos Kyprianou has called on Turkey to fulfill its obligations emanating from international law and the decisions of the European Court of Human Rights (ECHR) concerning the issue
Investor risk has receded Prime Minister Vladimir Putin brushed off concerns over steep falls in Russia's stock market and billions of dollars of withdrawn foreign investment, saying the economy was well placed
