International donors pledged a higher-than-expected $4.55 billion to help Georgia recover after its August war with Russia, Western officials said on Wednesday. "$4.5 billion far exceeds the expectations that we had …
Barclays Bank is expected to emerge stronger from the credit turmoil that forced its main rivals in the UK, but also in the US and core Europe to seek government assistance and
The total assets of Cyprus listed investment companies fell by a whopping EUR 240.33 mln by the end of September compared to a year before, as the 60% decline in equity prices
Stock markets around the world fell sharply again on Wednesday after concerns about economic recession and falling commodity prices were fueled by a fresh spate of gloomy corporate earnings. Emerging markets were
Britain's FTSE 100 slid 2.9 percent by midday on Wednesday, as recession fears hit heavyweight commodity stocks and banks, with investors worrying about metal demand and more soured loans. By 1029 GMT,
Google Inc Chief Executive Eric Schmidt said on Tuesday the company had agreed to keep talking with the U.S. Justice Department about its proposed online advertising deal with Yahoo Inc. Under the
EBay Inc will institute a global ban on the sale of all ivory products via its online auction site by January 1, after a conservation group found over 4,000 illegal elephant ivory
Chinese Internet users have expressed fury at Microsoft's launch of an anti-piracy tool targeting Chinese computer users to ensure they buy genuine software. The "Windows Genuine Advantage" program, which turns the user's
Moody's Investors Service said in two separate reports that the measures announced by Switzerland to support its largest banks will not endanger the creditworthiness of the Swiss government nor will they lead
Yahoo Inc posted a sharply lower quarterly profit on nearly flat sales, but its shares rose 8 percent on the Internet media company's plan to cut at least 10 percent of its
