The London Stock Exchange suffered its worst systems failure in eight years on Monday, forcing the world's third largest share market to suspend trading for about seven hours and infuriating its users.
European shares rose on Tuesday, led by banking stocks that extended gains after a strong rally in the previous session on the U.S. government's move to take control of top mortgage companies.
British manufacturing output fell for the fifth straight month in July, the longest stretch of declines in seven years, official data showed on Tuesday, in another sign the economy is slowing sharply.
Asian stocks retreated and government bonds rose on Tuesday in a sobering realisation the U.S. takeover of Fannie Mae and Freddie Mac addressed some risks stemming from the financial crisis but has
British house prices kept falling sharply in the three months to August even as the average number of home sales per surveyor hit a new low, a survey showed on Tuesday. The
Top cellphone maker Nokia has opened up its media sharing site and games offering on Facebook and is looking to broaden ties with the fast-growing social networking site. Niklas Savander, the head
Google Inc has stepped up efforts to digitize dozens of historical newspapers and make scanned images of the original papers available online, the Internet search leader said on Monday. In a blog
Nokia's Internet offering is far from ready and the world's top cellphone maker is seeking further acquisitions to speed up roll out of new services, Niklas Savander, the head of the unit,
Capital Intelligence, the international credit rating agency, raised Monday the Slovak Republic’s long-term foreign and local currency ratings to ‘A’ and its short-term ratings to A1, while the outlook remains ‘stable.’ The
Blackberry maker RIM was the biggest winner in a slowing smartphone market in the second quarter, roughly doubling its market share from a year ago to 17.4%, research firm Gartner said on
