European shares were down in early trade on Friday, tracking hefty losses in global equities and weighed down further by a profit warning from carmaker BMW and a 55-percent tumble in Irish
Weak U.S. economic data and a grim outlook for Japanese banks caused Asian stocks to sag and safe-haven bonds to rise on Friday, while oil fell further after its biggest monthly drop
Although the future team colors of quarterback Brett Favre are unknown, when the 20th Anniversary "Madden NFL 09" game is released in August he will be wearing the Green Bay Packers' colors
The world's top cell phone maker Nokia cut prices for many of its handsets in July, according to market data and industry sources, putting further pressure on its rivals' already thin profits.
Oil retreated on Thursday, after an early bounce, pressured by bearish data on the economy in top energy consumer the United States. U.S. light crude for September was down $2.32 at $124.45
The forthcoming network investments by European telecommunication operators into the so-called New Generation Networks (NGN) should not have any immediate impact on their ratings, says Moody's Investors Service in a new report
Expansion accelerated modestly in the second quarter as government stimulus payments helped consumers add more buying punch to the economy, a Commerce Department report on Thursday showed. Gross Domestic Product or GDP
By Daren Butler A court ruling against closing the governing AK Party has removed the political doubt plaguing Turkey's economy, enabling it to push ahead with a busy reform agenda, boost flagging
The dollar fell on Thursday after data showed an unexpected jump in U.S. weekly jobless claims, adding to worries about the state of the economy. The euro was up 0.5 percent at
Oil prices headed lower on Thursday, after a strong rally in the previous session ran out of steam. U.S. light crude for September was down 87 cents at $125.90 a barrel by
