Australia's landmark carbon trade scheme, being watched around the world in the lead up to global climate talks in December, hit a political roadblock on Thursday when parliament delayed a vote on
The Federal Reserve said the recession in the United States was easing, offering some hope of a pick-up in the global economy, and South Korea said its economy would shrink by less
Stocks, bonds and the dollar rose on Wednesday after the European Central Bank lent banks almost half a trillion euros in a first ever one-year tender and the Swiss National Bank was
An unexpected jump in U.S. durable goods orders last month backed hopes that the economy was healing and this message was reinforced by a pick-up in home mortgage applications last week. New
European shares were higher at midday on Wednesday, boosted by the European Central Bank's biggest-ever liquidity injection, with banking and mining stocks leading the way. By 1022 GMT, the pan-European FTSEurofirst 300
Moody's Investors Service has downgraded the long-term and short-term local currency deposit ratings f International Bank of Azerbaijan to Baa3/Prime-3 from Baa2/Prime-2, and the long-term foreign currency subordinated debt rating to Ba1
Apple Inc chief executive Steve Jobs underwent a liver transplant at a Tennessee hospital and has "an excellent prognosis," the hospital that performed the operation confirmed on Tuesday. Jobs, 54, received the
Britain's top share index was 0.1 percent lower in early trade on Wednesday as weakness in defensive issues, such as drug and tobacco stocks, and heavyweight oils offset gains from miners and
Britain's economy will shrink by 4.3 percent this year, its fastest pace of decline since World War Two, and stagnate in 2010, top international researchers said on Wednesday. The Organisation for Economic
The dollar hit its lowest in nearly two weeks against a basket of currencies and global stocks edged up from five-week lows ahead of a Federal Reserve meeting expected to dampen expectations
