A new econometric study commissioned by Nokia Siemens Networks and conducted by economic consulting firm LECG under the direction of Professor Leonard Waverman explores the economic benefits from the wave of broadband
Google Inc plans to let its cash "pile up" as it weathers an economic recession but doesn't expect to see a fall in revenue, the Web search leader's Chief Executive Eric Schmidt
Apple Inc iPhone and iPod Touch users can now read books on their devices using software from Amazon.com Inc's Kindle electronic reader, boosting shares of the online retailer 5 percent. The news
The euro and European shares slipped on Thursday ahead of expected interest rate cuts by the euro zone and British central banks, while Asian shares dipped on disappointment China did not announce
The Obama administration on Wednesday launched a $75 billion foreclosure relief plan, as new data showed one in five U.S. homeowners with mortgages owe more than their house is worth. The mortgage
Asian stocks extended gains on Thursday on hopes that a revival in China will support the weak global economy, while the euro fell on expectations the European Central Bank will cut rates
China vowed on Thursday to ramp up spending and help exporters to hit its 8 percent growth target this year in a rare display of confidence in a world battling the worst
United States should seize the moment and lead the world out of recession but other countries need to do their bit too, British Prime Minister Gordon Brown told U.S lawmakers on Wednesday.
The dollar surged on Wednesday, closing in on 100 yen, as contracting Australian growth and concern about Japan's economy kept markets' focus on global financial stress despite a rebound for battered stock
Moody's Investors Service expects that solid demand for soft drinks and alcoholic beverages, together with recent price increases, and expected cost cuts, will allow the global beverage industry to maintain steady cash
