The chief executive of Nokia, the world mobile phone leader, gave credit to new competitors from the computer world on Wednesday, but said his company was set to respond to all challengers.
Microsoft Corp is stepping up efforts to improve online search, where it considerably lags market leader Google, by establishing a three-center research facility in Europe, it said on Thursday. Microsoft, whose efforts
Japanese video game maker Nintendo Co Ltd said on Thursday it would launch its new DS handheld game console on November 1 in Japan for 18,900 yen ($179). The new DS model
European shares rose in choppy early trade on Thursday, supported by the passage of a $700 billion bailout package for the financial sector by the U.S. Senate, but concerns persisted about the
Moody's Investors Service has changed the outlook on the Baa3/Prime-3 long- and short-term foreign currency deposit ratings of three Bulgarian banks — DSK Bank, Raiffeisenbank (Bulgaria) and Piraeus Bank Bulgaria — to
British bank Northern Rock has withdrawn several savings products after a surge in deposits put it close to breaking a pledge not to take advantage of its state ownership, it said on
Recent market turmoil may depress business and consumer confidence and slow global economic growth, exacerbating existing trends that have been causing corporate credit quality to deteriorate for more than a year, Moody's
Marks & Spencer Plc, Britain's biggest clothing retailer, posted a 6.1 percent drop in second-quarter core sales and said it was cutting investment and stepping up promotions in a tough market. The
Nokia Siemens Networks continues to execute on its strategy of building the industry’s most innovative and cost-effective WiMAX platform based on a flat architecture so operators can deploy the most advanced infrastructure
Moody's Investors Service has placed the Ba2 long-term local currency deposit rating of Prominvestbank on review for possible downgrade due to the lowering of the bank's Baseline Credit Assessment from B1 to
