European shares slipped on Wednesday after an early rally in banks ended and analysts warned persistent concern over the economy and the corporate sector would likely keep the broader market under pressure.
The International Monetary Fund is sticking to its estimate that losses on U.S. assets from the subprime crisis and its wider fallout would be about $1 trln despite fresh U.S. banking problems
Goldman Sachs has been questioned by chiefs of rivals Bear Stearns Cos and Lehman Brothers about speculation that the securities firm had a role in putting pressure on their firms' stocks, the
Sony Corp said it would rent and sell movies and TV shows over the Internet for its PlayStation 3 video game console and double the hard drive capacity of its main PS3
Riding the success of its popular Wii video game console, Nintendo Co Ltd on Tuesday unveiled fresh titles for gamers to throw frisbees and rock on, while rival Sony Corp turned to
Time Warner Inc's discussions to merge or sell its AOL Internet division with Microsoft Corp or Yahoo Inc have taken on new urgency ahead of Yahoo's Aug 1 shareholders meeting, a source
Former Samsung Group chief Lee Kun-hee, one of South Korea's most powerful businessmen, was handed a 3-year suspended jail sentence on Wednesday for tax evasion, but was cleared of other charges. The
Oil fell around $1 on Wednesday, after sliding more than $6 the previous session, the steepest in dollar terms in 17 years as demand fears swelled on worsening prospects for the U.S.
European regulators are preparing to file new antitrust charges against Intel Corp, expanding a probe into the chipmaker's marketing and sales practices, The Wall Street Journal said, citing people familiar with the
General Motors Corp on Tuesday announced a plan to cut costs by $10 bln, suspend its common stock dividend and sell up to $4 bln in assets in a bid to shore
