Europe and Asia saw panic selling of stocks on Friday, knocking the benchmark world equity index to a 5-year trough, while oil fell to a one-year low as fears grew policymakers are
The world's economic powers faced huge pressure on Friday to devise drastic remedies to revive the banking system and end panic selling in global financial markets. Finance ministers and central bankers from
Apple Inc will unveil its updated laptops on October 14 and they may cost less, but analysts say the company's drooping stock has already taken any change into account. "I think it's
Apple has swept the board at Britain's T3 technology magazine's annual awards, winning four top prizes, including gadget of the year for its iPod Touch. The touch-screen music and video player beat
Warren Buffett has overtaken Bill Gates to become the richest American in the Forbes 400 list, Bloomberg said, citing a recalculated list to be published later this month. The magazine, in its
Culture fans thousands of miles from Beijing can now visit its famous Forbidden City, through a three dimensional recreation of the vast palace that also allows them to dress up as an
European stocks tumbled nearly 7 percent early on Friday, swept into a global panic sell-off as investors feared world governments' efforts to thaw credit markets would fail to ward off a global
Russia's lower house of parliament, the Duma, on Friday approved two anti-crisis packages worth a total of $86 billion at the third and final reading. The packages include making available $50 billion
Alan Sugar, the millionaire founder of Amstrad computers and host of BBC television's The Apprentice, has purchased a near 4 percent stake in Woolworths Group Plc, an industry source said on Friday.
Moody's Investors Service has downgraded the bank financial strength rating (BFSR) of Prominvestbank to E from E+, its long-term local currency and foreign currency bank deposit ratings to Caa2 from Ba2 and
