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Mobile phone text-message abbreviations and simplifications are not ruining our spelling, but they do take much longer to read and understand than conventional English, a small Australian study has shown. University of

EA cuts outlook on weak holiday sales

Electronic Arts Inc warned its fiscal 2009 profit and revenue will fall short of already-low forecasts due to disappointing holiday sales of its video games in North America and Europe. The surprise

Shares rally on hopes govts to fight crisis

Asian stocks rallied more than 3 percent to a one-month high on Wednesday on hopes governments worldwide will help out ailing industries and implement stimulus measures as they fight back against a

World stocks inch higher; yen steadies

World shares ticked higher on Tuesday, encouraged by higher U.S. stock futures which indicated Wall Street could add to the previous day's strong gains, and an unexpected rise in a German economic