President Barack Obama said on Tuesday in a statement ahead of a G20 summit that the global economic leaders must set a path of sustainable growth while avoiding the "imbalances of the
Emerging markets stocks hit a new year high on Tuesday, rising to levels last seen before the Lehman Brothers collapse, and world stocks headed firmly towards a new 2009 peak. Wall Street
Nokia Siemens Networks, the key equipment vendor to British operations of Deutsche Telekom and France Telecom, has most to lose in the merger of the two mobile networks, analysts said on Tuesday.
Salaries for British government ministers will be cut by five percent and then frozen if the Conservatives win the next election, opposition leader David Cameron said on Tuesday. Subsidises for beer and
European shares turned lower in early afternoon trade on Tuesday after U.S. Conference Board employment data fell in August, with losses in the European banking sector overshadowing gains in mining stocks. By
Moody's Investors Service has downgraded the bank financial strength rating (BFSR) of Bank of Kuwait and the Middle East (BKME), the sixth largest bank in the country, to D+ from C-. The
The outlook for the global beverage industry is stable, mainly due to producers' resiliency amidst the economic downturn, as well as Moody's belief that cash flow will be sustained in the near
British bank Barclays Plc was fined 2.45 million pounds ($4 million) on Tuesday for failing to provide accurate transaction reports and flaws in its reporting procedures. Companies need to submit data for
Wall Street was set to enjoy a positive return to trading on Tuesday after the Labor Day holiday, according to stock index futures. At 4:50 a.m. EDT, futures for the Dow Jones,
Robots that can make their own decisions have so far been confined to science fiction movies, but a child-sized figure with big eyes and a white face is trying hard to turn
