Goldman Sachs posts profit, cuts bonus pool

Goldman Sachs Group Inc on Thursday reduced its 2009 bonus pool as it posted a better-than-expected fourth-quarter profit. The Wall Street bank said the total set aside for compensation for the year was

Goldman helps stocks, Greece hurts euro

Goldman Sach's earnings helped lift developed market stocks and set Wall Street up for modest gains on Thursday while worries about more tightening in China hit emerging market shares. The euro fell

European shares flat; U.S. earnings awaited

European shares were flat in early trade on Thursday, with weakness in banks and miners just offsetting gains in defensive drugmakers, as investors stayed cautious ahead of further corporate earnings from the

Nokia to offer free navigation

Nokia will follow Google, offering free maps on its cellphones, in a move to boost handset sales but one that will hit other satnav players, the San Francisco Chronicle reported on Thursday,