Volume rises for music video games

It turns out everyone just wants to be a rock star. Music genre games "Guitar Hero" and "Rock Band" are bona-fide smash hits, entering the rarefied air once reserved for only the

Banks’ losses hit stocks, oil bounces back

By Jeremy Gaunt, European Investment Correspondent LONDON, July 18 (Reuters) – The rollercoaster that is world stock markets hit the dips again on Friday, falling on bank worries after Merrill Lynch posted

European shares fall , FTSE dips

LONDON, July 18 (Reuters) – European shares slipped in early trade on Friday, as banks fell after disappointing results from Merrill Lynch overnight and heavyweight oils lost ground as crude traded well

Forex commentary

Euro turn sends mixed signals The 100 basis point recovery of the euro against the dollar from the Thursday NY low of 1.5783 to 1.5888 on Friday morning has distorted the short

Dollar mixed after softer oil

The dollar surged against the yen on Thursday and erased earlier losses versus the euro as oil prices plunged and investors worried that high energy costs and financial market turmoil were slowing

Vneshprombank lifted to ‘B-/ruBBB-‘

Standard & Poor's Ratings Services said that it had raised its long-term counterparty credit rating on Russian Foreign Economic Industrial Bank (Vneshprombank) to 'B-' from 'CCC', and affirmed the 'C' short-term rating.