World stocks clawed their way back up from multi-year lows on Wednesday as investors sought bargains after three days of steep losses brought on by deep fears for the world economy and
Apple Inc refreshed its line of Mac desktop computers, adding stronger capabilities and nudging some prices lower as consumer spending feels the pinch of the recession. Apple introduced on Tuesday new models
California surgeon Calvin Lee has barely picked up his violin for 15 years but on Monday he was named a member of the first YouTube Symphony Orchestra and next month he plays
Lloyds Banking Group said talks with Britain's government about the terms of a scheme to cap its losses on billions of pounds of risky assets were "advanced and going well", downplaying reports
Stock futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes were up 1.5-2 percent on Wednesday, pointing to a higher start on Wall Street. General
UBS chairman Peter Kurer will not stand for re-election, and the board will nominate Kaspar Villiger, a former Swiss finance minister, as a replacement, the Swiss bank said on Wednesday. Kurer's departure
Asian stocks rallied on Wednesday on hopes Beijing will step up efforts to support the Chinese economy, helping the entire region, while the U.S. dollar rose to a three-year high as investors
Germany confirmed on Tuesday that Romania was in talks over an International Monetary Fund loan amid concerns it will be the next of eastern Europe's teetering economies to need bailing out in
The Bank of New York Mellon said on Tuesday it will meet with the Russian government to discuss settlement of a $22.5 billion lawsuit Russia has levelled against it. The government, prompted
A key European stock index fell to a lifetime closing low on Tuesday, led down by oil stocks as crude prices slipped towards $40 a barrel. The FTSEurofirst 300 fell 1.6 percent
