The U.S. Securities and Exchange Commission is working to unveil a proposal next month that would permanently tighten existing rules for short selling, the New York Post said citing people in talks
British house prices fell a little less than expected in July but sales per real estate firm hit a record low and retail sales weakened again, reports showed on Tuesday, reinforcing evidence
European stocks fell in early trade on Tuesday, snapping a two-session rally, with mining and energy shares retreating as metal prices tumbled and oil broke below $114 a barrel driven by the
British inflation shot up in July to more than twice the central bank's 2% target as food prices rocketed, official data showed on Tuesday which will douse expectations of any near-term interest
Mitsubishi UFJ Financial Group Japan's largest bank, said it would bid $3 bln to buy the rest of UnionBanCal Corp a Californian bank it already owns two-thirds of, as it seeks growth
Google Inc said on Monday it has resolved an issue with its contacts system that caused many users of its Gmail service to have trouble accessing their online e-mail. The problems began
Wachovia Corp increased its previously reported second-quarter loss to $9.11 bln to cover costs to settle a probe of auction-rate securities sales, and said it will cut more jobs as the housing
JPMorgan Chase & Co incurred losses of about $1.5 bln for the quarter to date, as it continued to be hurt by wider credit spreads, lower levels of liquidity, as well as
Swiss bank UBS AG will separate its business into three autonomous units after it identified weaknesses in its integrated one-bank strategy, it said, after posting a worse-than-expected second quarter loss of around
The U.S. dollar rallied to a five-and-a-half month high against the euro on Monday, boosted by another drop in crude oil prices and speculation that the slowdown blighting the U.S. economy was
