British interest rates will fall this year, possibly as soon as this month, as the Bank of England tries to energise an economy in stagnation despite high inflation, a Reuters poll showed.
European policymakers urged the U.S. Senate on Wednesday to approve a revised $700 billion financial rescue plan aimed at tackling the worst financial crisis since the 1930s. The contagion stemming from risky
British authorities are to notify the European Commission on Tuesday of their rescue package for mortgage lender Bradford & Bingley and have already sent Brussels some information, the EU competition and state
World stocks fell to near three-year lows on Tuesday but fears of a major meltdown following historic Wall Street losses eased as European losses were muted. The U.S. Congress's rejection of a
European shares trimmed some losses in morning trade on Tuesday as mining stocks rose, partly offsetting a slide for banks on disasppointment over U.S. lawmakers' rejection on Monday of a $700 billion
Tesco, Britain's top retailer, met forecasts with a 10 percent rise in first-half profit, signalling it can cope with weak markets even as it called for interest rate cuts and steps to
Britain's top share index was down 0.6 percent early on Tuesday, led by banks and energy stocks after U.S. lawmakers rejected a $700 billion banking bailout package, but miners boosted by gold
Shares of the world's hottest technology stocks joined hard-pressed financial stocks in a sharp sell-off on Monday as investor fears mounted that the crisis on Wall Street was dampening U.S. consumer demand.
A group founded by several major media and technology companies plans to promote the Web as a place for consumers to get songs, television shows and movies without resorting to piracy. Organizers
A group of 16 leading telecoms and IT companies is uniting to promote mobile broadband in a marketing initiative worth more than $1 billion over the next year under the auspices of
