The number of Britons out of work and claiming benefit rose for a 10th consecutive month in November and by the largest amount since March 1991, official data showed on Wednesday. The
A government bailout for automakers was being assembled as quickly and carefully as possible, Treasury Secretary Henry Paulson said on Tuesday as a new ratings report showed that bankruptcy was the most
Mobile phone sales will shrink next year at their fastest pace ever as consumers cut spending, a Reuters poll showed, with analysts increasingly concerned about unsold phones piling up in stores. On
Lawyers in Australia expect the internet social network site Facebook to become a new way of tracking down defendants after a landmark court ruling. The Supreme Court in Australia's capital Canberra has
Apple Inc said on Tuesday that Chief Executive Steve Jobs will not deliver the keynote address at the Macworld trade show next month, reviving some investors' concerns about the state of his
The U.S. Federal Reserve on Tuesday broke into uncharted territory as it chopped benchmark interest rates to as low as zero and pledged to use "all available tools" to turn back a
The U.S. dollar dropped to an 11-week low and government bonds rose on Wednesday after the Federal Reserve slashed rates, paving the way for Asian policymakers to take more aggressive steps to
The U.S. Fed looked set to halve interest rates on Tuesday and bring them closer to zero, while Japan weighed steps to ease funding when borrowing costs have been cut to the
European shares gained in early trade on Tuesday after the Euro zone PMI deteriorated less than expected in December, with defensive stocks leading the risers, while financials fell. By 0950 GMT, the
Volatility spread across stock and foreign exchange markets on Monday as investors eyed a Federal Reserve meeting expected to cut interest rates and hint at future unorthodox monetary policies to lift the
