Technical analyst Robert Prechter on Monday said he sees the United States losing its top AAA credit rating by the end of 2010, as he stuck by a deeply bearish outlook on the U.S. economy and stock market.
Iran's hardline Islamic Basij militiamen killed at least one person on Monday and wounded more when their building was attacked by demonstrators protesting an election they say was stolen by President Mahmoud Ahmadinejad.
European planemaker Airbus took a step closer to winning government loans to develop its A350 jetliner on Monday, drawing an immediate response from U.S. rival Boeing which called the move illegal.
British detectives said on Monday an investigation into Internet child pornography had uncovered a woman in the United States suspected of using a webcam to broadcast live sexual abuse of her young child.
Lincoln Financial Group said it would take federal bailout money and sell stock and debt to raise $2 billion to shore up its insurance unit and repay older debt.
Tens of thousands of supporters of Iran's defeated presidential candidate Mirhossein Mousavi gathered in downtown Tehran on Monday, defying an Interior Ministry ban.
British cable TV operator Virgin Media is to launch an unlimited music download subscription service through a partnership with the world's largest music company, Universal.
An order from Qatar Airways looked set to brighten a glum start to a rain-soaked Paris Air Show on Monday as the Gulf carrier displays its financial muscle in the face of competing airlines bludgeoned by recession.
Susan Boyle, who became famous the world over after appearing on the Britain's Got Talent television show, hopes to return to the stage on Monday after cancelling a weekend performance amid concerns over her health.
Gloomy aviation leaders gather for the Paris Air Show on Monday expecting only a handful of new business to bolster an industry mourning the Atlantic jet disaster, economic crisis and new concerns about swine flu.
The first death caused by the A(H1N1) virus outside of the Americas was confirmed Sunday by the British government following the death of a Scottish patient in Scotland.
BlackRock Inc , the fund manager that has been one of the biggest winners of the credit crunch, has snapped up Barclays Global Investors for $13.5 billion in a deal creating the world's largest money manager.
The National Food and Drug Administration and Control (NAFDAC) of Nigeria said recently they have seized a large consignment of Chinese-made fake drugs labeled 'Made in India'.
France's Total said on Friday that 1,200 contractors have walked out on unofficial strike over planned redundancies at its British Lindsey refinery.
Australian Dollar: Cool winter winds may be blowing in Sydney but the Australian dollar is on fire at the moment and opens on Friday at 0.8190.
Spain had 614,000 new homes sitting unsold at the end of 2008 -- lower than most analysts' estimates -- according to the first major survey of Europe's most over-stocked home market.
BlackRock has agreed to buy Barclays Global Investors to create the world's biggest asset manager in a $13.5 billion deal that British bank Barclays hopes will put to rest concerns about its capital.
Global Payments Inc said it has bought the remaining stake in its British joint venture with HSBC Bank Plc for $307.7 million in cash.
Capstone Turbine Corp said one of its microturbine systems has been successfully integrated into a Ford Motor vehicle in the U.K., sending shares soaring 82 percent.
BlackRock has agreed to buy Barclays Global Investors to create the world's biggest asset manager, in a $13.5 billion deal that British bank Barclays hopes will put to rest concerns about its capital.
The World Health Organization was poised on Thursday to declare that the new H1N1 virus has caused the first influenza pandemic in more than 40 years, health sources said on Thursday.
The Australian Dollar opens largely unchanged from this time yesterday at 0.8015. The Aussie received a boost on Wednesday from a 12.7 per cent rise in May consumer sentiment – the largest monthly increase in 22 years.
