Credit Suisse Group AG said it was upbeat about its prospects after exceeding third-quarter net profit forecasts by a wide margin thanks to a solid investment banking performance and good client inflows.
Microsoft Corp launched Windows 7 on Thursday in its most important release for more than a decade, aiming to win back customers after the disappointing Vista and strengthen its grip on the
Britain's top share index fell 1.1 percent on Wednesday, weighed down by weakness in banks and commodity stocks as disappointing corporate results and Chinese data crimped demand for riskier assets like equities.
Disappointing corporate results knocked equities lower on Thursday while the dollar bounced off 14-month lows. Gold and oil both slipped as the dollar rose. Euro zone government debt was flat. Investors in
Europe stocks fell 1.3 percent in early trade on Thursday, tracking losses on Wall Street, as worse-than-expected quarterly results from telecom gear firm Ericsson prompted investors to pocket some of their recent
Moody's Investors Service maintains a stable outlook on its Aaa issuer rating for the European Bank for Reconstruction and Development (EBRD), according to its newly-published credit analysis. The rating reflects EBRD's prudent
Sweden, holder of the European Union presidency, wants to ditch a proposed borrowing limit for hedge funds in a move that will please Britain but anger France and others seeking tougher control
Britain's government must keep borrowing until recovery is entrenched, and one set of good economic data will not be enough to show this, finance minister Alistair Darling told Reuters on Wednesday. Darling
European shares closed higher on Wednesday, with oils gaining as crude rose to more than $80 a barrel, and as U.S. companies continued to beat forecasts for third-quarter earnings. The FTSEurofirst 300
Britain's top share index closed 0.3 percent higher on Wednesday, lifted by forecast-beating results from U.S. banks Morgan Stanley and Wells Fargo. The FTSE 100 closed 14.45 points firmer at 5,257.85, after
