The battered global economy faces a difficult year but will begin a recovery in 2010, the European Central Bank president said on Friday, as hopes that the crisis was past its worst
Asian stocks rose on Friday and the yen slipped, after upbeat results from JPMorgan and Google kept a revival of risk taking alive, with Asian shares outside Japan on track for a
The number of Americans claiming jobless aid hit a record early in April and groundbreaking for new homes slumped sharply in March, according to data on Thursday that showed the economy still
The Dow and S&P 500 lost ground on Thursday as some investors fretted about the quality of bank earnings, which weighed on financial shares, and after a report that IBM was not
More than half of U.S. adults used the Internet to participate in the 2008 election — the first time that threshold has been crossed, according to a study released Wednesday. Some 55
Europe’s initial public offering (IPO) market has suffered its worst ever quarter with 18 listings in the three months up to March 31 raising just EUR 9 mln, according to PricewaterhouseCoopers’ latest
The world's top cellphone maker Nokia calmed jittery investors on Thursday by reaffirming its forecast for the handset market and saying visibility was improving, sending its shares higher. January-March sales fell 27
JPMorgan Chase & Co reported better-than-expected first-quarter profit on Thursday, as improved investment banking performance offset an increase in losses from credit cards and other consumer debt. The results come as a
Moody's Investors Service has downgraded the long-term global local and foreign currency deposit ratings of AB Ukio Bankas (Ukio Bankas) to B2 from Ba3 and its bank financial strength rating (BFSR) to
Moody's Investors Service has downgraded the long-term local and foreign currency deposit ratings of Bank Evropeyskiy (BE) to Caa2 from B3 and placed the ratings on review for possible further downgrade. BE's
