World stock markets closed out the year on Wednesday with some having registered their worst annual losses in history, although December looked set to end on a rare up note and there
Online sales for the holiday period up to December 23 fell 3 percent from the same period last year, marking the first decline in online spending since comScore Inc started tracking online
Those eager to put 2008 behind them will have to hold their good-byes for just a moment this New Year's Eve. The world's official timekeepers have added a "leap second" to the
After several months of testing, the Financial Mirror now has its own free mobile platform, becoming the first newspaper in Cyprus to offer continuous coverage on Cyprus and the world, business and
Aegon has completed its acquisition of the Polish pension company PTE Skarbiec Emerytura SA, making it the sixth largest pension fund in the country. "This acquisition significantly enhances our position in the
U.S. securities regulators obtained an emergency court order to stop an alleged Ponzi scheme that collected more than $23 mln from thousands of investors in Florida's Haitian-American community, the Securities and Exchange
The U.S. Federal Reserve on Tuesday moved forward aggressively with an effort to drive down mortgage costs, setting a goal of buying $500 billion in mortgage-backed securities by mid-2009. The central bank
Asian shares rounded out their worst year ever on Wednesday, down 50 percent after 12 months of financial market and economic turmoil, but optimism that 2009 will be an improvement lifted stocks
The U.S. economy extended its run of record-breaking dismal data on Tuesday, with consumer confidence and home prices registering a pair of grim milestones. U.S. consumer confidence fell to a record low
Moody's Investors Service has changed to ‘negative’ from ‘stable’ the outlook on the bank financial strength ratings (BFSRs) of 15 Ukrainian banks and has also lowered the outlook on the long-term global
