Deutsche Bank Chief Executive Josef Ackermann is helping to coordinate efforts by Germany's private sector to support a rescue package for Greece, a source familiar with the matter said on Friday. The consortium
U.S. economic growth probably slowed in the first quarter, data is expected to show on Friday, but resurgent consumer spending should offer evidence of a sustainable recovery. The economy expanded at a
Apple Inc Chief Executive Steve Jobs on Thursday sharply criticized Adobe Systems popular Flash multimedia software, calling it unreliable and ill-suited for mobile devices, escalating a pitched battle between the two companies.
European policymakers should abandon current efforts to help Greece and move to a plan B including debt restructuring and interest rate cuts, U.S. economist Nouriel Roubini said. In an opinion piece in
The cost of protecting government debt against default in Greece and Portugal fell on Friday as hopes an aid deal would be secured in coming days grew. Five-year credit default swaps (CDS)
European shares climbed for a second straight session on Friday ahead of U.S. GDP numbers, with expectations that a multi-billion-euro aid package for Greece will be hammered out within days helping financials.
U.S. stock index futures rose on Thursday, looking to add to gains in the previous session after the Federal Reserve pledged to keep rates low for an extended period and Visa reported
Moody's Investors Service has published its first annual report on Bangladesh, and which provides a methodological assessment underpinning the country's Ba3 foreign- and local-currency sovereign obligations and the stable rating outlook. "The
Stock futures pointed to a stronger start for Wall Street on Thursday, adding to gains in the previous session after a pledge by the Federal Reserve to keep rates low, with investors
Apple Inc may charge about $1 million for displaying advertisements on its mobile devices, the Wall Street Journal said, citing advertisement executives. The rates may be even more to be among the
