Worries about Dubai's debt slipped away from financial markets on Tuesday, sending stocks up sharply higher and weakening lower-yielding assets such as long-term government bonds and the dollar. Wall Street looked set
Britain's top share index was up 1.7 percent at midday on Tuesday, with banks and miners topping the leader board as concerns abated over Dubai's debt problems. By 1220 GMT the FTSE
U.S. stock index futures rose on Tuesday as concerns over Dubai's debt problems eased and investors awaited a host of economic data, including pending home sales. Dubai World, the government-owned investment firm,
Nokia plans to install Linux software on just one new smartphone next year, a source told Reuters on Monday, dampening prospects of a quick makeover of the Finnish group's struggling product line-up.
Amazon.com said on Monday that its Kindle electronic book reader posted its best sales yet in the month of November, as rivals struggle with fulfilling their customer orders. The online retailer said
European shares rose on Tuesday, bouncing back from falls in the previous session, as fears eased about the fallout from Dubai's debt problems and investors' appetite increased for relatively risky equities. Banks
Euro zone unemployment remained stable at 11-year highs in October but September jobless numbers were higher than previously reported, showing the labour market has yet to feel the effects of a nascent
The yen tumbled on Tuesday after the Bank of Japan called an emergency policy review to discuss ways to boost the ailing economy, but it regained some ground after the meeting when
British house prices rose 0.5 percent in November, the same as in October, suggesting that a rapid initial rebound from the five-year low set in February is now slowing, mortgage lender Nationwide
The dollar recovered early losses on Tuesday as the yen came under pressure ahead of a special central bank meeting while Asian shares were steady as investors paused after Monday's bounce. In
