Stocks tumbled about 2 percent on Tuesday, tracking a sell-off in global equities, on worries over Europe's banking sector and as short-term funding costs soared. European markets were on edge after three-month
World stocks slid to their lowest since Sept 2009, the euro eyed four-year lows and U.S. stock futures pointed to sharp falls on Wall Street on Tuesday, on euro zone banking worries
Britain's top shares shouldered steep losses by midday on Tuesday with investor sentiment hit by euro zone debt contagion fears and rising tensions in Korea, which knocked demand for commodity and banking
World and emerging stocks slid to their lowest since Sept 2009 and the euro and oil fell on Tuesday on worries over the euro zone banking sector and concerns over tensions on
Microsoft Corp is set to overhaul management of its division focused on mobile phones, videogames and other consumer devices, the Wall Street Journal said on Monday, citing people familiar with the matter.
Yahoo Inc and Nokia Oyj said they would team up to boost their mobile Internet offerings, seeking to regain market share lost to rivals like Apple Inc and Google Inc. Starting in
Shareholders have sued the board of BP Plc (BP.L) for failing to monitor safety and exposing the company to potentially enormous liability related to the Deepwater spill disaster in the Gulf of
Moody's Investors Service has downgraded the bank financial strength rating (BFSR) of Commercial Bank of Kuwait (CBK) to D+ from C-, and downgraded CBK's long-term global local currency (GLC) and foreign currency
The IMF's chief economist warned on Monday that markets will remain concerned until doubts over the European Union delivering on its aid promise to the Greek government and Greece's debt-payment history are
Sales of previously owned U.S. homes touched a five-month high in April amid a late rush to take advantage of a homebuyer tax credit, but a jump in houses on the market
