Moody's Investors Service expects that the global financial crisis will exert pressure on the profitability of most major equities and derivatives exchanges in 2009, according to a new report on the sector.
U.S. Treasury Secretary Timothy Geithner said on Sunday the government will have about $135 billion left after banks give back some bailout money and declined to say whether he will ask Congress
Japan's Fujitsu Ltd said on Monday it aims to double PC server sales in two years to lift its global share to 7 percent from the current 4 percent, as it tries
Skype, the Internet telephone unit of eBay Inc, is planning to launch its service for iPhone users on Tuesday and for BlackBerry in May as part of its effort to expand beyond
Google Inc on Monday launched free downloads of licensed songs in China, while sharing advertising revenue with major music labels in a market rife with online piracy. Lee Kai-Fu, president of Google
The Obama administration on Monday seized the wheel of the failing U.S. auto industry, forcing the ouster of General Motors Corp's chief executive, pushing Chrysler LLC toward a merger and threatening bankruptcy
U.S. stocks are set to run into some turbulence this week as investors pause to gauge if profit expectations and economic prospects will justify the market's further advance from the 12-year lows
Asian shares slumped and were headed for their biggest daily fall in four weeks, while U.S. Treasuries gained after a U.S. task force rejected turnaround plans for automakers GM and Chrysler. S&P
Britain's financial services industry is cutting jobs at the fastest rate for 16 years as it cuts costs to soften the blow of a steep fall in profitability, a survey showed on
House prices in England and Wales are a record 10.3 percent lower than a year ago, even though the prices fell at their slowest pace for 10 months in March, property data
