Increasingly dire growth outlooks for central and eastern Europe are actually still too rosy, and the region will not only probably face a recession this year but take years to return to
The pace of contraction in Britain's giant services sector eased last month but soaring job losses and crumbling consumer confidence kept intact expectations of another interest rate cut this week. The Bank
Ex-communist eastern Europe's currencies crumbled, Romania cut interest rates and a ratings agency warned of risks facing Hungary on Wednesday as the impact of global recession intensified across the once-booming region. Poland,
World stocks put in modest to strong gains on Wednesday with emerging markets leading the field as investors showed tentative confidence that the global economy will begin to improve. Wall Street looked
European shares were up by midday on Wednesday, led by the banking sector as Deutsche Bank rose on hopes it will issue a strong outlook on Thursday and commodities tracked crude and
World stocks put in modest to strong gains on Wednesday with emerging markets leading the field as investors showed tentative confidence that the global economy will begin to improve. The dollar was
The online networking site MySpace has identified and barred some 90,000 registered sex offenders from using the site over the last two years, MySpace revealed to an investigative task force on Tuesday.
U.S. Internet search company Google Inc released software on Wednesday that allows users of mobile phones and other wireless devices to automatically share their whereabouts with family and friends. Users in 27
Many people have sent an email while angry, exhausted, inebriated or just by mistake that they later regretted. Now, Google has a way to help protect you (and others) from such a
Japan's Panasonic Corp, the world's No.1 plasma TV maker, warned it would post an annual loss of $4.2 billion and said it would cut 15,000 jobs as it grapples with a stronger
