Nokia's Internet offering is far from ready and the world's top cellphone maker is seeking further acquisitions to speed up roll out of new services, Niklas Savander, the head of the unit,
Capital Intelligence, the international credit rating agency, raised Monday the Slovak Republic’s long-term foreign and local currency ratings to ‘A’ and its short-term ratings to A1, while the outlook remains ‘stable.’ The
Blackberry maker RIM was the biggest winner in a slowing smartphone market in the second quarter, roughly doubling its market share from a year ago to 17.4%, research firm Gartner said on
Electronic Arts Inc has delayed its latest Harry Potter video game until next summer, a title it expected to reap $120 million in revenue and 13 cents a share in profit, the
Fannie Mae's and Freddie Mac's stocks took a dive while their debt soared on Monday, as investors bet the U.S. government's takeover of the mortgage finance firms would wipe out shareholders but
Oil rose on Monday as Hurricane Ike spun towards the U.S. Gulf of Mexico oil hub and traders awaited OPEC's decision this week on output policy. OPEC ministers gathering in Vienna were
U.S. stocks opened sharply higher on Monday after the government's takeover of troubled mortgage financiers Fannie Mae and Freddie Mac raised hopes of a recovery in the U.S. housing market, sparking a
Nationwide, the UK's No.1 customer-owned lender, is to take over The Derbyshire and The Cheshire building societies after bad debt-induced losses left both facing "financial issues". Nationwide, the country's No.2 mortgage lender,
The London Stock Exchange suspended trading on Monday in the latest of a series of systems problems, and several hours into its normal trading day was still battling to reconnect customers. The
OPEC ministers on Monday gathered in Vienna ahead of a meeting to review output policy, but were widely expected to leave formal targets unchanged, especially as a powerful hurricane could lift oil
