The trustees of the HBOS pension fund said on Thursday they had dropped plans to delay the bank's takeover by rival Lloyds TSB until they received funding guarantees for the retirement scheme.
Greek Prime Minister Costas Karamanlis said on Thursday his new cabinet will make a fresh start with a special focus on the poor in a bid to boost ratings hit by riots,
Bleak economic data in Europe and a wave of profit warnings and job cuts worldwide renewed investors' fears on Thursday, strengthening the case for more government stimulus efforts and encouraging rate cuts.
The Bank of England cut interest rates by half a percentage point on Thursday to a record low of 1.5 percent and is widely expected to cut again in February as it
HSBC, Europe's biggest bank, said on Thursday U.S. stocks were the best bets in 2009 due to the healthy profits some U.S. firms had made over the past two years, though a
World stocks and metal prices fell on Thursday after bleak data and poor corporate earnings stoked gloom about the economic outlook, while sterling eased against the dollar before the Bank of England's
European shares were down in early trade on Thursday, with heavyweight mining stocks taking most points off the index, after a record drop in German exports and weak U.S. jobless data rekindled
Britain's top share index fell 0.1 percent early on Thursday ahead of an expected rate cut from the Bank of England, as deepening gloom on the economic outlook hit broader sentiment and
Verizon Communications Inc has chosen Microsoft Corp to provide Internet search services for cell phones, in what is seen as a blow to rivals Google Inc and Yahoo Inc. Verizon Chief Executive
The world's top mobile phone maker Nokia said on Thursday it had ended production of its only mobile device using the U.S.-centered WiMax technology, another blow for the struggling wireless technology. WiMax
