Taiwan's Acer Inc surged past global champion Hewlett-Packard Co in European personal computer sales in the third quarter, in the clearest sign of the move toward cheap, small mini-notebook computers, research firm
Computer spying and theft of personal information have risen notably in the past year, costing tens of millions of dollars and threatening U.S. security, the FBI's cyber division head said on Wednesday.
The global financial crisis shifted gears on Thursday with fears of recession battering financial markets even as governments sought yet more action to pull the world economy from the brink of collapse.
A warning of tough times ahead by Fed Chairman Ben Bernanke sent global markets sharply lower, with Tokyo shares tumbling 10 percent on Thursday, as investors brace for looming recession. Shrugging-off recent
Switzerland's two largest banks will receive emergency funding from the country's government and other investors to shore them up against the financial crisis, they said on Thursday. The Swiss government will give
European shares slipped on Wednesday, ending a two-day rally, as positive market sentiment following bold government moves to stem the financial sector meltdown evaporated and recession fears rose to the fore. At
Oil prices fell on Wednesday to their lowest level in 13 months, dragged down by expectations that economic weakness will cut further into demand for crude. U.S crude fell to $75.62 a
Apple Inc on Tuesday cut the price on its entry-level notebook computer to $999 and introduced a line of aluminum-clad machines starting at $1,299 in moves catering to budget-minded buyers at a
Signs of renewed risk aversion surfaced on Wednesday with stocks pressured and gold rising as investors fret the global economy will not escape a recession even after bank bailouts, which have taken
U.S. private equity giant Blackstone Group said on Wednesday that it still aims to complete a pair of property deals in Shanghai, although a company official said valuations in China need to
