U.S. personal spending, income rise in Nov

U.S. consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, data showed on Wednesday, boosting hopes of a self-sustaining economic recovery. The

Banks, commods lead FTSE up 0.8 percent

Britain's top share index rose 0.8 percent by Wednesday midday, as commodity stocks and banks led a broad-based rally, underpinned by the minutes showing unanimous vote from the BoE to retain its

Stocks, dollar rise after strong US data

World stocks rose for a third straight session on Wednesday and the dollar set a two-month peak against the yen after upbeat U.S. housing market data fanned expectations for a solid recovery

FTSE higher, boosted by commods, banks

Britain's top share index advanced for a third straight session on Wednesday, reflecting strength on Wall Street on optimism about the housing sector, with commodity stocks and banks among the top risers.

Outage cripples BlackBerry Americas network

North and South American users of Research in Motion Ltd's BlackBerry smartphone suffered widespread delays in message services on Tuesday, just a week after another outage struck the popular corporate network. Customers

Asian shares rise, dollar pressures oil

Indian and Australian shares led Asian stock markets higher on Wednesday, while oil and gold came under pressure as the dollar held firm thanks to optimism about the U.S. economy. Leading European