Asian shares rose on Friday following record rate cuts by central banks in Europe, though risk aversion remained, lifting the dollar ahead of what is expected to be dismal U.S. employment data.
A slew of sharp interest rate cuts on Thursday showed the world's central banks have redoubled their willingness to ease policy as far as it takes in their ongoing battle with the
British entrepreneur Theo Paphitis said on Thursday he had pulled out of the running to buy Woolworths' sweets-to-DVDs retail business, but talks between the administrators, Deloitte, and other suitors are continuing. "It
Growth in the global smartphone market slowed to 11.5 percent in the third quarter year on year, the slowest rate of growth since it started tracking smartphone sales, research firm Gartner said
A new crop of video games is encouraging fans to ignore their parents' advice and play with their food. Fans slice, dice and feel the heat of the kitchen with a new
Stock futures pointed to a broadly unchanged start on Wall Street on Thursday, breaking a two-day rally. Futures for the S&P 500, the Dow Jones industrial average and Nasdaq were virtually flat
Falling investment and a weaker trade performance made the euro zone economy contract in the third quarter, data showed, confirming the bloc's first recession as the European Central Bank meets to discuss
The Bank of England released the following statement on Thursday after the bank cut rates by 100 basis points to 2.0 pct. THE STATEMENT The Bank of England's Monetary Policy Committee today
Asian shares fell on Thursday as more bad news piled up for the global economy, while the dollar and yen steadied as central banks in the UK and Europe were set to
Offshore haven Liechtenstein has agreed a landmark deal with the U.S. to drop bank secrecy in cases of tax evasion and could make similar concessions in the European Union, a diplomat from
