Britain's top share index gained 3.7 percent early on Friday after two days of sharp losses as investors looked to pick up cheap, heavily sold stocks, with banks and commodities leading the
Financial institutions ran to their lender of last resort for record amounts of cash in the latest week, under extreme pressure from the worst global financial crisis in a generation, Federal Reserve
The United States is already in what could be its longest recession in decades due to the global financial crisis, and with unemployment set to soar, the Federal Reserve will cut interest
Asian shares gained tentatively on Friday, recovering some of the steep losses in the prior session, after encouraging earnings signals from technology firms such as IBM eased some of the concerns over
Dollar and the euro London interbank offered rate, or Libor, that banks charge each other for three-month loans fell for a fourth day to 4.50% for dollars and 5.08% for euros after
The number of infections caused by fake antiviruses continues to increase rapidly because the current economic crisis is forcing cyber-crooks to become more ingenious. The creators of these programs only have one
The Turkish banking system is continuing to exhibit healthy profitability and mostly solid asset quality on the back of a growing though slowing economy, Moody's Investors Service said in its new Banking
The fundamental credit outlook for the Dutch insurance industry is negative, reflecting the absence of growth opportunities in the non-life segment, uncertainties surrounding the health segment and the negative prospects for the
Ericsson has been selected by the Turkish Cypriot operator, Kuzey Kibris Turkcell, a subsidiary of Turkcell, as the sole supplier of a WCDMA/HSPA high-speed mobile broadband network. The move includes services for
For wealthy Asians, mobile phones and Blackberrys are much more than a way to stay in touch, with a survey finding portable communication devices increasingly being used to watch videos, take pictures
