Asian stocks fell on Wednesday as poor U.S. corporate results and slumping commodity prices fanned worries of a protracted global economic slowdown. The U.S. dollar rose to a 20-month high against the
Stung by the first major protest by bazaar merchants since the fall of the Shah almost 30 years ago, Iran's government plans to put off a new value-added tax until after presidential
Russia released a deputy finance minister on Tuesday pending his trial for embezzlement, a move that may show Finance Minister Alexei Kudrin has checked attempts to undermine his position. Kudrin, who has
World stocks stumbled in the attempt to put in gains for the third day in a row on Tuesday as Wall Street futures turned down on economic fears. European stock markets had
British manufacturers expect to cut output at the sharpest rate in nearly 30 years and more than 60,000 jobs could disappear before the end of the year, the Confederation of British Industry
The government said on Tuesday it would channel more training funds to small businesses and pay small business suppliers promptly to help them through an expected economic downturn. It said 350 million
Moody's Investors Service has downgraded the global local currency (GLC) deposit ratings and the National Scale Ratings (NSRs) of 12 Ukrainian banks. It has also lowered the outlook to ‘stable’ from ‘positive’
Capital Intelligence, the international credit rating agency announced that it has affirmed Jordan’s longterm foreign and local currency ratings of ‘BB’ and ‘BBB-‘, respectively. The sovereign’s short-term ratings are also unchanged at
DVD rental company Netflix Inc said on Monday it expects about 500,000 of its 8.7 million subscribers will be Blu-ray subscribers in the current quarter. Netflix this month began adding $1 to
Sony Corp has delayed sales of "LittleBigPlanet," one of its most widely anticipated videogames, by at least one week in the United States after finding potentially offensive background music in the game.
