Oil fell to $118 a barrel on Tuesday, a three-month low, as investors focused on rising OPEC supply and declining demand in the United States and Europe. The loss extends a slide
ZURICH, Aug 5 (Reuters) – Swiss Re, the world's largest reinsurer, agreed to buy Barclays' life assurance portfolio for 753 million pounds ($1.48 billion) in cash, even as it wrote down more
Intel Corporation is presenting a paper at the SIGGRAPH 2008 industry conference in Los Angeles on Aug. 12 that describes features and capabilities of its first-ever forthcoming "many-core" blueprint or architecture codenamed
Moody's Investors Service has affirmed the A1 global-scale issuer rating of Zeleznice slovenskej republiky (ZSR) but changed the outlook for the rating to positive from stable. Moody's also affirmed the Aaa.sk national-scale
Following on from Dubai, public bus transport will now be planned in Saudi Arabia and Sharjah using Microbus software following the new orders for all the key modules from IVU Traffic Technologies
Oil steadied below $126 a barrel on Monday due to a tropical storm that may threaten oil facilities in the Gulf of Mexico and to concerns over OPEC producer Iran's nuclear programme.
Europe's biggest bank HSBC Holdings said its first-half profit fell 28 percent, in line with analysts' forecasts, as a $14 billion hit on bad debts on U.S. home loans and asset writedowns
Lycos Europe N.V., one of the leading European portal providers and online advertisers, published its unaudited condensed consolidated interim financial statements for the first half year 2008 with EBITDA amounting to a
LONDON, Aug 4 (Reuters) – European shares fell in early trade on Monday as a higher oil price underscored inflation worries and financial stocks weakened ahead of results from the region's largest
U.S. officials think the dollar has fallen far enough, and a deeper decline would risk stoking already hot inflation while providing only a marginal added kick to exports. The U.S. Treasury Department
