U.S. and European officials outlined plans for strict new financial rules on Thursday to stabilize the economy and curb the risk-taking that nearly wrecked the banking sector and set off a worldwide
European shares slipped on Thursday, snapping a five-session winning streak, as investors remained worried about the health of the financial sector even as recent U.S. data raised hope for a recovery. At
Nintendo has shipped more than 50 million units of its Wii game console since its launch three years ago, becoming the fastest-selling console ever, the company's president said on Wednesday. The Wii,
Internet start-up Twitter is taking a much-anticipated first-step in its quest to parlay its popularity into revenue by offering certain customers an expanded range of services. The company is preparing to offer
Charges for calling, texting and mobile internet surfing will be cut from 1 July 2009. MEPs negotiated a compromise with the Czech Presidency on the extension of the 2007 roaming regulation. The
The Treasury Department said it will send proposals to Congress this week that would let it seize troubled non-bank financial firms, one day after Treasury Secretary Timothy Geithner called for expanded powers
A key congressional committee on Wednesday approved a $3.45 trillion budget framework for next year that embraces many of President Barack Obama's priorities but spends slightly less than he sought. After a
The U.S. government will propose tough new financial rules on Thursday as part of its push to stabilise the economy and curb excessive risk-taking that nearly wrecked its banks and set off
Romania and the International Monetary Fund have agreed terms for a 20 billion euro aid package, a ruling coalition source said on Tuesday, in a bid to avert a financing crisis in
Britain's top share index was down 0.8 percent early on Tuesday as miners retreated sharply, while initial optimism faded on Washington's plan to relieve banks of toxic debt and financials lost ground.
