U.S. mobile phone companies have begun to see substantial returns from delivering data and not just voice, fueled by greater openness on their networks, industry leaders said on Wednesday. But top executives
Tribune Co on Wednesday blamed technology owned by search engine company Google Inc for treating an outdated story about UAL Corp's bankruptcy as current, breaking news. Tribune said in a press release
Marfin Popular Bank (CPB.CY) has completed the acquisition of a 50.04% stake in RPB-Holding, the parent company of the Russian bank OOO Rossiysky Promyishlenny Bank (Rosprombank) for EUR 83 mln. Group Deputy
OPEC is willing to cooperate with major oil exporter Russia, OPEC's secretary- general said on Wednesday after Moscow sent a high-level delegation to its meeting. Russia often attends OPEC as an observer
Lehman Brothers Holdings Inc said it plans to sell a majority stake in its investment management division and spin off commercial real estate assets as the struggling U.S. investment bank fights to
European stocks slipped on Wednesday as investors remained jittery about the financial sector after Lehman Brothers posted a quarterly loss and announced steps to restructure the company. At 1224 GMT, the FTSEurofirst
Shares of top U.S. investment banks fell on Wednesday after Lehman Brothers posted a steeper-than-expected quarterly loss and slashed its annual dividend. In pre-market trading on the New York Stock Exchange, shares
A slide in Britain's housing market led builder Barratt Developments Plc to cancel its final dividend on Wednesday after underlying annual profit fell 13 percent and it warned that the market remained
Lehman Brothers will try to regain investor confidence on Wednesday with a set of "key strategic initiatives" as hopes for a Korean-led rescue crumbled only hours ahead of the planned announcement. The
Scientists at the European Organization for Nuclear Research (CERN) started up a huge particle-smashing machine on Wednesday, aiming to re-enact the conditions of the "Big Bang" that created the universe. The Large
