Net mortgage lending in Britain in September rose by 3.6 billion pounds, a bigger rise than in the month before but still below the 6-month average, British Bankers' Association data showed on
Goldman Sachs Group Inc is preparing to cut about 10 percent of its 32,500 employees, the Wall Street Journal said, citing people familiar with the matter. The cuts are expected throughout the
British retail sales volumes fell less than expected in September but the annual rate of growth slowed to its weakest in 2-1/2 years, official data showed on Thursday. The Office for National
The current financial crisis will require unprecedented levels of global coordination to resolve it because no country is immune to its effects, European Commission President Jose Manuel Barroso said on Thursday. Speaking
Japan's Nikkei average hit its lowest point since May 2003 on Thursday, then pared its losses to end down 2.5 percent after a report that the U.S. administration may consider a $40
Nokia hopes giving away the Symbian technology used in its high-end mobile phones will encourage Internet developers to build innovative applications on the platform, helping it win back market share. A freely
Sony Corp's new PlayStation Portable got off to a robust start in Japan, with combined sales of it and earlier models in the week of its market debut hitting the highest so
Online DVD rental company Netflix Inc said on Wednesday that some of Samsung Electronics Co Ltd's Blu-ray DVD devices can now play video streamed over the Web from Netflix. The Samsung/Netflix alliance
Asian stocks fell to a 4-year low on Thursday on growing fears emerging market weakness will prolong a global recession and depress corporate earnings, pushing the yen to a 6-year high against
Weak Japanese exports and poor corporate earnings provided more evidence of the economic damage wrought by the global financial crisis, knocking Asian shares to four-year lows on Thursday. New Zealand's central bank
