European shares hit session lows in afternoon trade on Thursday, led by banks and energy stocks and mirroring a slide on U.S. markets as the lift from more interest-rate cuts was quashed
It sure helps to have the "Guitar Hero" franchise. On Wednesday, two big video game companies reported quarterly earnings, with Activision Blizzard impressing investors while THQ depressed them. Activision Blizzard gave most
European stocks followed Asia into sharp declines on Thursday and oil extended losses as weak U.S. data intensified fears about the impact of recession in major economies hit by the worst financial
European stocks followed Asia into sharp declines on Thursday and oil extended losses as weak U.S. data intensified fears about the impact of recession in major economies hit by the worst financial
The Bank of England could deliver its biggest interest rate cut in 15 years on Thursday as fears grow the Britain could be in for a long and painful recession. Faced with
Asian stocks slumped 7 percent and commmodity-related currencies tumbled on Thursday as more evidence that the U.S. economy is shrinking made investors brace for a potentially deep and prolonged global recession. Major
Piraeus Bank, Greece's fourth-largest lender, has agreed to buy 31.3 percent of small rival Proton Bank via a share swap from Proton's major shareholders at a share swap ratio of one of
Turkey will face a balance of payments problem next year that could snuff out growth if the government does not overcome its reticence to join the queue of emerging countries seeking International
France's biggest bank BNP Paribas posted a 56 percent fall in third-quarter profits, Allied Irish Banks cut its earnings forecast, and Greece's Emporiki Bank swung to a loss in a sign that
Oil fell 4 percent to below $68 a barrel on Wednesday, reversing some of the previous day's steep surge, after Barack Obama's victory in the U.S. presidential election boosted the dollar. Markets
