Russian Internet investment group Digital Sky Technologies, which bought a $300 million stake in Facebook last year, is preparing to buy stakes in dozens of well-known Internet companies, its chief executive said.
Europe's financial crisis should have only minimal impact on the global recovery as governments put in place necessary policy counter-measures, a senior U.S. Treasury Department official said Sunday.
Treasury Secretary Timothy Geithner said a strengthened global economy is now in better shape to handle the strains emanating from Europe's crisis, China's Xinhua news agency reported on Saturday.
The Senate approved a reform of Wall Street on Thursday and President Barack Obama may be signing into law the most sweeping changes to financial rules since the 1930s as soon as next month.
A federal appeals court on Friday threw out a ruling requiring Verizon Wireless customers to resolve disputes over alleged fraudulent cell phone charges individually through arbitration rather than as a class.
(Reuters) - People using cholesterol-lowering statins have a higher risks of liver dysfunction, kidney failure, muscle weakness and cataracts and such side effects of the drug should be closely tracked, doctors said on Friday.
Prudential boss Tidjane Thiam is struggling to make headway with skeptical investors who question the value of his $35.5 billion acquisition of AIA.
Good morning dear traders, EURUSD kept its strength and did not leave the morning range until 6:27 GMT when news of the FED according to EU policy and bad news from Wallstreet were published.
Asian stock markets slid on Friday as worries about the euro zone and the flare-up in market volatility prompted investors to sell shares and keep cash until calm returns.
With the market extra sensitive to any negative news at present yesterdays shock 7% drop in the Westpac Consumer Confidence report for May sent the Aussie plummeting in local trade.
The leaders of Germany and France pledged on Thursday to work together on financial regulation and the euro zone crisis after European discord over debt and new market rules rattled investors worldwide.
The British Airways cabin crew trade union, Unite, won an appeal on Thursday against a High Court ruling this week that had blocked a new wave of walkouts by the airline's staff.
The release of the RBA board minutes suggested just what the market had expected and in fact had already begun pricing in – interest rates are at normal levels.
The chief executive of Rolls-Royce has sold around half of his personal shareholding in the company, ahead of an expected hike in capital gains tax in next month's emergency Budget.
Fewer than 2 percent of mobile users in the United States and western Europe used their phone to download music in the first quarter, showing the uphill task facing Apple iTunes challengers like Nokia.
Samsung Electronics plans to launch the first smartphone based on its own operating system in the next few weeks, as it seeks to catch up with bigger rivals in the booming high-end market.
Samsung Electronics plans to launch the first smartphone based on its own operating system in coming weeks, as it seeks to catch up with bigger rivals in the booming high-end market, an executive said on Wednesday.
The euro fell to a fresh four-year low on Wednesday after a German move to sharpen financial regulation raised doubts about the prospect for global recovery, pulling down Asian stocks, metals and crude oil.
The euro fell to a fresh four-year low on Wednesday after a German move to sharpen financial regulation raised doubts about the prospect for global recovery, pulling down Asian stocks, metals and crude oil.
Facebook has teamed up with 50 wireless operators to offer cellphone users a stripped-down version of the social networking site that can be accessed without incurring data charges.
The release of the RBA board minutes suggested just what the market had expected and in fact had already begun pricing in – interest rates are at normal levels.
