World stocks closed in on a new high for the year and the dollar sank towards a five-month low against major currencies on Friday on hopes that the global economy has seen
Palm Inc's (PALM.O) iPhone competitor Pre got an unexpected boost on Thursday as No. 1 U.S. mobile service Verizon Wireless said Pre would be part of its upcoming device line-up, sending Palm
Microsoft Corp is revamping its search engine to counter the dominance of Google Inc in the Web search and related advertising business. The world's largest software company, which is still in talks
Germany and the United States get what may be their last chance to save Opel on Friday when they try to put a heated row behind them and forge a plan to
The Australian dollar surged to a eight-month high on Friday on the back of rising raw material prices, while crude oil matched a six-month high above $65, up some $4 this week
The yen rose on Friday, helped by the biggest monthly spike in Japanese industrial output since 1953, while crude prices eased from a six-month high but were still up around $3 this
Bank of Cyprus (BoC) announced on Thursday net profit for the first quarter of 2009 amounting to 63 million euros, recording a 46% drop compared to the corresponding period of 2009. A
Marfin Popular Bank (MPB) announced on Thursday it recorded a 40-million euro net profit for the first quarter of 2009, lower by 44% compared to the last quarter of 2008. A press
Auto parts makers Visteon Corp and Metaldyne Corp filed for Chapter 11 bankruptcy protection for their U.S. operations, becoming the latest casualties of the global auto industry crisis. Both Visteon, which Ford
Stock index futures pointed to a higher open on Wall Street on Thursday, bouncing back from the previous session's sell-off, as investors digested news that car parts maker Visteon (VSTN.PK) filed for
