GE and autos ignite Wall Street

Stocks rose on Tuesday as investors snapped up beaten-down shares after Monday's steep sell-off and news that General Electric would maintain its dividend helped buoy sentiment. GE shares climbed more than 9

FCC to mull free Internet plan

The U.S. Federal Communications Commission is likely to consider a plan this month to auction public airwaves with a mandate that the winning bidder set aside some for free Internet nationwide, a

Fidelity sees UK stocks bottoming out

The UK equity market is showing signs of bottoming out and stabilising as a range of key indicators reach historic levels, the manager of Fidelity's Special Situations Fund said. "Everything I look

Merkel defends cautious reponse to recession

Germany will not take part in a "senseless" international competition to spend billions of euros to boost flagging economic growth, Chancellor Angela Merkel said on Monday. Despite heavy criticism from across Europe