U.S. private employers cut a surprisingly low 8,000 jobs in September, a report by a private employment service said on Wednesday. ADP Employer Services also said it revised the number of jobs
Standard Life Investments, a top investor in Lloyds TSB and HBOS, supports the planned takeover of HBOS by Lloyds under the terms originally announced, a person close to the investment firm said.
Anglo-Swiss miner Xstrata Plc dropped immediate plans for a $10 billion bid for No. 3 platinum producer Lonmin Plc on Wednesday but set the scene for a later deal by scooping up
Technology company RealNetworks and major film studios on Tuesday squared off in a legal battle over a new product allowing consumers to make computer copies of DVDs that the studios claim is
Social network software maker, Slide Inc has signed a deal with major media companies to distribute video content on Facebook, capitalizing on the success of social networking. The distribution partnership includes CBS
Microsoft Chief Executive Steve Ballmer said on Tuesday the global financial crisis will sap consumer and business spending, affecting all companies, including his own. "Financial issues are going to affect both business
European shares rose by midday on Wednesday, led by banks on hopes a deal for Lloyds TSB to take over HBOS would go through, while investors eyed a U.S. Senate vote to
U.S. securities regulators gave the financial industry a reprieve from marking hard-to-value assets down to fire sale prices, throwing a lifeline to an industry beset by strained credit markets and the latest
Britain wants Ireland to look closely at its guarantee of all deposits in Irish banks to make sure it complies with European Union competition law, a spokesman for Prime Minister Gordon Brown
The European Commission approved on Wednesday a rescue plan for British mortgage-lender Bradford & Bingley, part of European efforts to limit contagion from the financial crisis. British authorities notified the EU's state
