British retailer Marks & Spencer raised full-year profit hopes when posting an improved quarterly sales trend, but said costs were rising and it would be 2011 before the economy fully recovered. Executive
European shares look set to finish the third quarter with their best performance in nearly a decade on expectations of economic recovery while world stocks also rose strongly though not as much
Banks are starting to make money and should conserve the capital, including by not paying dividends, a senior International Monetary Fund official said on Wednesday. "There is a temptation when you go
Asian shares edged higher on Wednesday looking past a surprise fall in U.S. consumer confidence and the Australian dollar jumped to a 13-month high after August retail sales data beat forecasts. China's
A tsunami hit Samoa on the morning of September 30, 2009, setting off warnings across the Pacific. Estimates of dead ranged from 28 to up to 100 victims. The tsunami was caused
British consumer morale enjoyed its biggest monthly boost in more than 14 years in September as people grew more optimistic about the economic outlook than at any time in the past decade,
The International Monetary Fund will raise its 2010 growth forecast for the world economy to 3.1 percent from 2.5 percent to reflect improving economic conditions, a newspaper reported on Wednesday. Citing unidentified
HSBC is close to selling a trio of landmark offices in London, New York and Paris to boost its balance sheet by around $2 billion by end-2009, a person familiar with the
France is preparing a 500 million euro ($729 million) emergency package to help young jobseekers, who have been hardest hit by the economic crisis, President Nicolas Sarkozy said on Tuesday. The plan
The European Commission said on Tuesday it has authorised two H1N1 swine flu vaccines for use in the European Economic Area this year, paving the way for mass vaccinations before the start
