European shares moved lower in early trade on Thursday, snapping a three-session winning run on renewed concerns over the health of the global economy and on uncertainties surrounding Washington's auto rescue plan.
German Finance Minister Peer Steinbrueck has criticised countries for rushing through what he called crass and untested economic rescue packages at a "breathtaking and depressing" pace. In an interview with Newsweek magazine,
Asian shares gained on Thursday as aggressive rate cuts and government actions to revive economic growth improved confidence, but plenty of other worrisome signals remained, supporting government bonds. Oil extended the prior
Trading volumes at major European stock exchanges have surged in volatile markets this year, but this is unlikely to rescue their own shares from huge falls as investors stay nervous about bigger
Hopes that governments worldwide will help out ailing industries and implement stimulus measures to fight against a deepening economic crisis lifted global stocks on Wednesday while oil gained $2 a barrel. European
Global miner Rio Tinto, saddled with nearly $40 billion in net debt, said it would cut 13 percent of its workforce, slash capital spending and sell more assets as it battles a
The U.S. economy needs a $900 billion government boost focused on Main Street over the next two years to pull it out of a deep recession, a new report from labor and
Japan's policies for tackling its economic woes amount to a band-aid, the main opposition party's policy chief said on Wednesday, arguing reallocating public resources could revive the economy without costing more. With
American International Group, once the world's largest insurer, owes around $10 billion to other financial services firms for trades that have gone sour, the Wall Street Journal reported in its online edition
Hopes that governments worldwide will help out ailing industries and implement stimulus measures to fight against a deepening economic crisis lifted global stocks on Wednesday although Europe was weak. European shares were
