World stocks and oil fell on Wednesday while government bonds and the yen gained as U.S. automakers begged for a bailout from Washington, adding to evidence that the credit crisis is crippling
European shares fell in morning trade on Wednesday, led by banks and commodities stocks, as prospects of a deep global recession continued to rattle investors. At 1002 GMT, the FTSEurofirst 300 index
Reeling from a relentless sales slide, Toyota Motor Corp said on Wednesday it would stop all of its North American factories for two days next month, while rival Nissan Motor Co renewed
Bank of England policymakers voted unanimously for this month's 150 basis point cut in interest rates, and considered an even bigger reduction due to a sharp deterioration in prospects for the economy
Microsoft Corp said Wednesday it will discontinue sales of its subscription PC security service and instead offer free software to help protect computers from viruses, spyware and other threats. With the move,
The world's top five cellphone makers launched on Wednesday a common energy rating system for chargers, making it easier for consumers to compare and choose the ones consuming the least energy, Nokia
Japan's NTT DoCoMo Inc and South Korean partner KTF Co will jointly develop a smartphone using Google Inc software for launch next year, the Nikkei business daily reported on Wednesday. DoCoMo, Japan's
Most Asian stocks edged down on Wednesday and regional currencies slid, as a plea from U.S. automakers for a bailout from Washington highlighted how the financial crisis is hurting broad swathes of
Economic news remains almost unrelentingly grim and the media has now moved its focus on from the credit crunch to the recessionary impact on the economy, but analysts at Barclays Wealth (BW)
Shares of Yahoo Inc soared nearly 15 percent on Tuesday on hopes that the departure of Jerry Yang, its embattled chief executive, would clear the way for a deal with Microsoft Corp.
