World stocks stumbled in the attempt to put in gains for the third day in a row on Tuesday as Wall Street futures turned down on economic fears. European stock markets had been in positive territory as investors bet governments would succeed in ending the credit crisis and in controlling the global economic downturn. But

British manufacturers expect to cut output at the sharpest rate in nearly 30 years and more than 60,000 jobs could disappear before the end of the year, the Confederation of British Industry said on Tuesday. Confidence in the manufacturing sector has also plummeted and the CBI survey's quarterly business situation balance fell 20 points to

The government said on Tuesday it would channel more training funds to small businesses and pay small business suppliers promptly to help them through an expected economic downturn. It said 350 million pounds of a pre-existing training programme would be devoted to training the employees of small businesses over the next three years. It committed

Moody's Investors Service has downgraded the global local currency (GLC) deposit ratings and the National Scale Ratings (NSRs) of 12 Ukrainian banks. It has also lowered the outlook to ‘stable’ from ‘positive’ on the B2 long-term global foreign currency (GFC) deposit ratings of 21 Ukrainian banks, while the local currency debt instruments issued by four

Capital Intelligence, the international credit rating agency announced that it has affirmed Jordan’s longterm foreign and local currency ratings of ‘BB’ and ‘BBB-‘, respectively. The sovereign’s short-term ratings are also unchanged at ‘B’ for foreign currency and ‘A3’ for local currency obligations. The credit outlook is stable. Jordan’s ratings reflect the authorities’ careful management of

DVD rental company Netflix Inc said on Monday it expects about 500,000 of its 8.7 million subscribers will be Blu-ray subscribers in the current quarter. Netflix this month began adding $1 to monthly membership fees to provide unlimited access to high-definition Blu-ray movies. Netflix said the additional charge, to reflect the higher cost of Blu-ray

Sony Corp has delayed sales of "LittleBigPlanet," one of its most widely anticipated videogames, by at least one week in the United States after finding potentially offensive background music in the game. The puzzle-solving, community-based game, published by Sony Computer Entertainment for the PlayStation 3, will begin shipping to retail shops during the week of

World stocks climbed for the third day in a row on Tuesday as investors bet governments would succeed in ending the credit crisis and in controlling the global economic downturn. The euro hit 1-1/2 year lows against the dollar. Sentiment was boosted overnight by comments from U.S. Federal Reserve Chairman Ben Bernanke, who backed government