The Obama administration will unveil executive pay rules for firms receiving government aid by the end of the week and will name a pay czar with power to reject compensation plans at
A Washington-based group representing information technology companies called on China on Wednesday to reconsider its requirement that Internet filtering software be bundled with new computers. Chinese regulations mandate "Green Dam," a program
Microsoft Corp issued software to fix a record 31 security flaws in its programs, and Adobe Systems Inc warned that glitches in its products could let hackers take control of a user's
Moody's Investors Service has confirmed Kuwait's Aa2 sovereign ratings but has applied a negative ratings outlook, concluding a review initiated on March 19. The ratings affect Kuwait's local and foreign currency government
Middle Eastern insurers are likely to respond to the global crisis by focusing on underwriting and 'core' businesses, protecting their balance sheets and enhancing risk management in order to limit exposure, Moody's
The European Investment Bank intends to raise its total lending in the European Union and pre-accession countries to as much as EUR 70 bln in 2009 in response to strong demand for
Commodity-related shares led Asian stocks higher on Wednesday, snapping a two-day decline, after metals and oil prices rallied on a decline in the U.S. dollar and as hopes grew for stronger Chinese
Australian consumer sentiment posted its biggest monthly rise in 22 years in June as consumers cheered news that the country escaped a recession, lessening the need for further cuts in interest rates
Japan will cut carbon emissions by 15 percent by 2020 from 2005 levels, Kyodo news agency said on Wednesday, a target greens and analysts say is not bold enough and could undermine
The U.S. Supreme Court on Tuesday cleared the way for the sale of Chrysler LLC to Italy's Fiat, while General Motors began to revamp its widely criticized board by naming former AT&T
