Advanced Micro Devices Inc reported better-than-expected revenue on strong holiday spending but its shares slid more than 4 percent as investors cashed in recent gains.
Airbus and seven European NATO nations adjourned crucial talks over the troubled A400M military transporter plane until Friday and a source close to the talks said they remained far apart on a possible rescue package.
The Aussie dollar bounced back from sub 91 cents to a 0.9135 in Asia yesterday with the release of Chinese economic data which signalled a strong performance in Q4 2009 and indeed throughout the calendar year.
Goldman Sachs Group Inc , under fire for gold-plated pay packages, cut average pay per employee by about a quarter from record 2007 levels, helping boost its profit to a record.
Somalia's hardline al Shabaab rebels threatened on Thursday to attack neighbouring Kenya following a crackdown on Somalis in the capital Nairobi, according to a recording posted on an al Shabaab Web site.
Somalia's hardline al Shabaab rebels threatened on Thursday to attack neighbouring Kenya following a crackdown on Somalis in the capital Nairobi, according to a recording posted on an al Shabaab Web site.
Yemen will stop issuing tourist visas on arrival to foreigners in an effort to prevent militants entering the country as it steps up its war on al Qaeda, a government official and state media said on Thursday.
Goldman Sachs Group Inc , which had been on track to pay employees a near-record amount, instead set aside nothing for compensation in the fourth quarter and gave $500 million to charity.
Intel powers nearly all of today's netbooks and ultra mobile devices, but it may find itself playing catch-up in as little as two years.
Global growth is set to blossom this year on the back of resurgent Asian economies and as the world's richest nations emerge from the deepest recession since the Second World War, according to a Reuters poll.
Cadbury's big UK investors expect Kraft's $19.3 billion acquisition of the British confectioner will go ahead despite Kraft's top shareholder Warren Buffett saying the takeover is a bad deal.
Persistent concerns surrounding Chinese lending and tightening credit controls dampened expectations for growth in the Asian region in 2010 yesterday following the news that some lenders were asked to rein in credit as they failed to meet regulatory requirements.
Airbus parent EADS does not have adequate systems in place to monitor costs on its troubled A400M military plane project, buyer nations have been told, putting pressure on the planemaker ahead of crucial talks on Thursday.
General Electric Co is on track to report its eighth straight quarter of profit declines on Friday, with investors looking for evidence the largest U.S. conglomerate is stabilizing its hefty finance unit.
British Airways cabin crew have decided not to strike over the Easter holiday period, even if staff do decide to walk out, a Unite spokesman told Reuters on Wednesday.
In the autumn of 1998, computer science engineer Li Yanhong developed Rankdex, an experimental search engine that ranked websites according to their relevance to each other.
Economic freedoms were sharply reduced last year on massive spending and bailouts during the financial crisis, a trend that could imperil future economic prospects, the U.S.-based Heritage Foundation said on Wednesday.
The Australian dollar trade in a V shape pattern overnight falling from Asian close around 0.9240 to a low of 0.9180 only to bounce back to open this morning around 0.9240. Negative sentiment surrounding the Euro added support to the Greenback against the majors inspiring the move lower however with U.S equities and commodities once again performing well AUD/USD bounced back quickly. The Aussie appears to be range bound at present with resistance around the 93 cent handle proving difficult to br...
A storied UK confectioner could be getting new owners soon if shareholders agree to a deal recommended by its board of directors today.
Foreign Secretary David Miliband denied any split with China over Iran on Tuesday and gave a strong hint that Britain backed more financial sanctions against Tehran over its nuclear programme.
Swiss banking heavyweight Credit Suisse says it will reduce its global bonus pool by 5 percent to pay for a new British tax on bonuses, but will cut deeper into the bonuses for its top managers in Britain.
Credit Suisse is spreading the pain of a UK tax on bonuses across bankers globally and Goldman Sachs has delayed announcing payouts to staff as a row over remuneration heated up on Tuesday.
