Economic gloom overpowered financial markets again on Tuesday, sending stock and commodity prices lower as ebullience about China's $600 billion stimulus plan fizzled out. Bad news from corporate America — General Motors
The insurance businesses of U.S. billionaire investors Warren Buffet and Wilbur Ross are close to buying all or part of the U.S. bond insurance unit of Dexia, Belgian business daily De Tijd
Britain's top share index fell 1.9 percent early on Tuesday, tracking losses in the U.S. and Asia, as economic worries returned to the fore to hurt global markets, knocking oils, miners and
Dell Inc, struggling to recharge its lineup of consumer product offerings, indicated Monday that a digital music player is not in the computer maker's near-term plans despite speculation that such a product
Mobile group Vodafone cut its full-year revenue outlook and will reduce costs by 1 billion pounds, but it increased its forecast for free cash flow after reporting first half results slightly ahead
British retail sales fell for a fifth straight month in October on a like-for-like basis and by the biggest amount in more than three years, a survey showed on Tuesday. The British
Asian stock markets and oil prices retreated on Tuesday while the yen pushed higher as a souring economic outlook cooled investor hopes sparked by China's massive stimulus plan. Stocks pulled back after
European shares rose on Monday as commodities surged on a near $600-billion Chinese economic stimulus plan, though stocks ended well off day highs on doubts that the plan was enough to avert
Governments around the world are announcing rescue plans to support banks and unfreeze credit markets. Over $5 trillion has been committed to bailing out the financial sector, while regulatory reforms loom and
The U.S. government dramatically boosted its bailout of insurer American International Group Inc and eased the terms of its loans to the company on Monday after an initial rescue plan failed to
