European shares rise, U.S. rate cut eyed

European shares rose in early trade on Tuesday, tracking global equity gains on hopes that the United States would cut rates to head off a recession, with banks and commodity stocks the

France says SocGen is “in crisis”””

PARIS (Reuters) – Societe Generale is in crisis, France’s economy minister said on Tuesday of the bank hit by losses piled up by a rogue trader, questions over its leadership, takeover speculation

New worms use St Valentine’s Day as bait

PandaLabs, Panda Security’s laboratory for detecting and analyzing malware, has detected two new worms, Nuwar.OL and Valentin.E, which use the theme of St Valentine’s Day to spread. “Year after year we see

Iceland’s Aaa ratings at a ‘crossroads’

Iceland‘s Aaa ratings are at a crossroads, according to Moody’s Investors Service in a new special comment. The report does not announce any change in ratings. In Moody’s view, Iceland compares favorably