Google Inc is in active talks with number-two U.S. mobile carrier Verizon Wireless about putting Google applications on phones it offers, people familiar with the matter told Reuters on Tuesday. So far talks between the Web search leader and Verizon Wireless, owned by Verizon Communications and Vodafone Group Plc, revolve around technology and potential business models such as advertising-sponsored services, one of the people said.
Asian stock markets were subdued on Wednesday while the dollar wallowed near a record low against the euro with investors reluctant to take big positions ahead of the U.S. Federal Reserve's decision on interest rates.
Oil fell $4 to below $90 a barrel on Tuesday, plummeting from its record high in a broad commodity sell-off sparked by uncertainty over how aggressive the U.S. Federal Reserve will be in fueling economic growth.
Federal Reserve policy-makers are widely expected to cut interest rates on Wednesday, but if they make no move, investors will wonder what the Fed knows that they don't and question its commitment to transparency.
The rapid fall of Stanley O'Neal from the helm of Merrill Lynch & Co Inc has left investors wondering who else in the banking industry may pay a price for the U.S. subprime mortgage crisis.
In the wake of recalls of millions of products manufactured in China, some US consumers have become wary.
Federal Reserve policy-makers began meeting on Tuesday against the backdrop of a still-plummeting U.S. housing market that is sapping consumer optimism and may require more interest-rate tonic.
Merrill Lynch & Co Inc ousted Chairman and Chief Executive Stan O'Neal on Tuesday, just days after reporting the biggest quarterly loss in the company's history, making him the highest-ranking casualty in the U.S. subprime mortgage crisis. Board member Alberto Cribiore will be interim chairman while day-to-day operations will be overseen by the firm's co-presidents, Ahmass Fakahany and Greg Fleming.
Anti-poverty groups the ONE Campaign and DATA, both co-founded by rock star Bono, will merge in the United States to form a single organization in tackling poverty, especially in Africa, officials said on Monday.
Gold retreated on Tuesday as investors took profits after the precious metal rose to its highest level in 28 years the previous day, lifted by record-high oil and a weak dollar, while silver hit an 8-month high.
The dollar traded little changed against the euro and a major currency basket on Tuesday, paring some of its earlier gains due to data showing U.S. consumer confidence fell to its lowest in two years.
Japan's Resona Holdings Inc said on Tuesday it would likely beat its first-half profit forecast by 20 percent, helped by strong commissions and lower credit costs, and said it had no direct exposure to the troubled U.S. subprime mortgage market.
Leading negotiating nations are closer than ever before to concluding successfully the arduous Doha round of world trade talks, India's trade minister said on Tuesday, adding an end-2008 deadline could be reached.
Japan's jobless rate rose unexpectedly last month, reinforcing expectations the Bank of Japan will delay its next rate rise, although household spending jumped more than forecast.
Shares in Takeda Pharmaceutical Co Ltd plunged 12 percent -- their biggest one-day fall in 20 years -- after U.S. authorities recommended it stop some trials of cholesterol-lowering TAK-475, one of its most promising drug candidates.
HSBC Holdings Plc helped start a group of indexes that includes benchmarks for global Islamic and Middle East conventional bonds to encourage trading as a global credit crunch delays sales and doubles spreads.
Sun Life Financial Inc's third-quarter earnings rose a slightly better-than-expected 7 percent, driven by its U.S. life, mutual funds and employee benefit businesses and despite a stronger Canadian dollar, the company said on Tuesday.
UBS AG reported its first quarterly loss in five years after hefty writedowns on subprime-related investments, but said it expects to turn in a group profit in the last quarter.
The largest U.S. mobile service provider AT&T Inc and smaller rival T-Mobile USA revealed new handsets on Monday to attract a growing number of consumers who like to send e-mails or text messages.
Turkish Cobra helicopters pounded Kurdish rebel positions near the Iraqi border on Tuesday and Prime Minister Tayyip Erdogan reaffirmed Ankara's readiness to send troops over the frontier despite U.S. opposition.
Russia will file a claim to the gigantic mineral wealth of the Arctic seabed with the United Nations by the end of the year, Russia's natural resources minister was quoted as saying on Tuesday.
North Korea is on track to disable its nuclear program by the end of this year as its differences with the United States have mostly been resolved, a U.S. envoy said on Tuesday.