Europe stocks fall; energy, banks weigh

European shares were lower at midday on Thursday in a choppy session, with energy stocks dropping on weaker crude prices and the banking sector falling from earlier rises. By 1052 GMT, the

U.S. seeks crackdown on loosely regulated derivatives

The Obama administration moved on Wednesday to exert more control over the shadowy over-the-counter derivatives market, now closely linked to the global credit crisis. Federal regulators proposed subjecting all over-the-counter derivatives dealers

Asia stocks drop, US retail sales dent rally

Asian stocks fell on Thursday as weak U.S. retail sales underscored the long road to economic recovery, prompting investors to take profits on winning bets in equities, higher-yielding currencies and commodities over

Global stocks extend losses

World stocks fell for a fourth straight day on Thursday while the low-yielding dollar and yen advanced as weak U.S. retail sales data prompted investors to cut back on risky assets after

Cell phones, TVs undo efficiency gains: study

Demand for energy-thirsty gadgets such as cell phones, iPods, PCs and plasma TVs is undoing efficiency gains elsewhere, the International Energy Agency said on Wednesday. The Paris-based energy adviser to 28 developed

Wall Street lower as retail sales weigh

Stocks fell on Wednesday after key U.S. retail sales data came in worse than expected, dampening hopes of a quick economic recovery. Shares in Wal-Mart Stores Inc (WMT.N), the world's biggest retailer