Gold prices rallied more than 2 percent to a record highs on Friday as investors sought refuge from a second day of hefty losses on the stock markets, hurt by deepening concerns over slowing economic growth and the outlook for euro zone banks.
Chelsea manager Roman Abramovich is set to splash cash to the tune of £60 million for Tottenham midfielder Luka Modric and Valencia winger Juan Mata, according to a report in The Daily Mail.
Chelsea midfielder John Obi Mikel has received a sizeable ransom demand for the return of his kidnapped father, the player's management company confirmed on Thursday.
The Taliban laid siege to a British cultural center in Kabul Friday, killing at least nine people during an hours-long assault in what the group called a warning to London.
Gold prices rallied more than 2 percent to a record highs on Friday as investors sought refuge from a second day of hefty losses on the stock markets, hurt by deepening concerns over slowing economic growth and the outlook for euro zone banks.
An ugly sell-off in global stocks gathered pace on Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.
An ugly selloff in global stocks gathered pace Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.
Global stocks ceded more ground Friday, hurt by mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of another banking crisis.
British police investigating a phone-hacking scandal at Rupert Murdoch's defunct News of the World have arrested a senior Hollywood reporter at the tabloid, James Desborough, a source with knowledge of the situation said.
Adding to a long list of mysteries surrounding the moon, a new analysis has suggested that our nearest interplanetary object may not be as old as we believe.
European stocks are slated for another fall on Friday after Asian stocks slumped on growing fears the U.S. economy was sliding into recession and as some European lenders faced short-term funding strains, raising fears of a systemic banking crisis on the continent.
Taliban bombers killed two Afghan policemen and a civilian when they attacked offices belonging to the British Council and the United Nations in the center of the Afghan capital Friday, police said.
The United States and European Union called on Syrian President Bashar al-Assad to step down Thursday, and U.S. President Barack Obama accused him of torturing and slaughtering his own people in what U.N. officials said could be crimes against humanity.
Plant and animal species have reacted to global warming by moving towards the north, away from the equator at a faster rate to avoid Earth's rising temperature, reveals a survey of nearly 1,400 species.
Web-based software maker Salesforce.com Inc raised its full-year revenue outlook, fueling hopes that cloud computing companies can avoid getting caught up in a possible slowdown in tech spending.
The increase of violent flash mobs in the United States is proving that technology is a double-edged sword. Mass communication and social networking are connecting people across the world, but sometimes to the detriment of society.
The United States needs to reform its corporate tax code and should consider eliminating all loopholes that allow companies to pay less than the statutory rate, General Electric Co 's chief said.
The United States for the first time Thursday explicitly called for Syrian President Bashar al-Assad to step down and imposed new economic sanctions likely to be followed up by the European Union.
HPQ shares are down about 6.1 percent as of 3:15 p.m. (New York time).
HPQ’s chief executive Leo Apotheker has already said he wants to grow the company’s presence in so-called “cloud computing” while shedding lower-margin businesses like PCs.
Hewlett-Packard may announce a bold plan as early as today to completely remake the company -- shedding its PC unit and acquiring enterprise software company Autonomy Corp for $10 billion.
Hewlett-Packard Co. (NYSE: HPQ) will acquire Autonomy Corp. for roughly $10 billion and announce a spin-off of its personal computer business, according to a report.
