IBT Staff Reporter

US President Barack Obama said that all the participating countries at G20 summit should work together to tackle the global financial crisis and should recognize they had to forget their occasional differences on how to promote economic growth and trade.

Goldman Sachs analyst said Wednesday, Web-based software provider to sell Saleforce shares and VMware Inc to buy as the companies faces slowing IT spending.

Riot police staged baton charges to try to disperse several hundred protesters gathered around the Bank of England in the heart of London's financial center on Wednesday after a day of protest against the G20 summit.

Verizon Communications' video, Internet and wireless businesses are growing despite the recession's impact on its traditional phone business and its enterprise segment, Verizon's top executive said at the CTIA annual wireless technology showcase.

Stocks climbed on Wednesday as factory and home sales data raised hopes the economic downturn is moderating, sparking a broad advance.

A top Federal Reserve official said on Wednesday she expects the U.S. economy to stabilize this year and begin to recover in 2010.

U.S. conglomerate General Electric Co and Intel Corp , the world's largest chip maker, have scheduled a joint press conference for Thursday, and are expected to discuss an alliance in health care, according to a source with knowledge of the plans.

A British man has been accused of stabbing his partner to death after she kicked him out of their bedroom so she could spend the nights playing Grant Theft Auto on a Sony PlayStation console, instead of spending time with him.

The U.S. auto industry's March sales met or beat Wall Street's dismal expectations, sending a bit of light into a sector struggling to mimic the incentive-driven successes of their European rivals.

GMAC Financial Services said it will resume making car and truck loans to subprime borrowers and will lower inventory financing costs for cash-strapped auto dealers, part of a series of moves intended to spur sales at General Motors Corp .

Microsoft Corp on Wednesday launched a new range of server systems for small companies, scaling down its existing offerings to attack one of the fastest-growing segments of the business computing market.

There was no peering into anyone's soul, and there was no bonding over Colgate toothpaste.

General Motors Corp on Wednesday reported a 45 percent decline in auto sales for March in the U.S. market, but the drop was broadly within expectations for the struggling automaker.

Research In Motion has launched an online store selling entertainment, games, news and travel applications to BlackBerry users.

Demonstrators clashed with riot police and smashed the windows of a bank in London's financial center on Wednesday in protest against a system they said had robbed the poor to benefit the rich.

Research in Motion today launched its online applications catalog, dubbed App World in response to competitors like Apple and Google who already offer exclusive applications in the marketplace.

Apple's iPhone has emerged as a serious videogame platform, fulfilling the long-held promise of mobile phone gaming and positioning itself as a legitimate competitor to handheld consoles.

Oil fell more than $2 a barrel to below $48 on Wednesday, as U.S. data showed crude stocks grew again last week.

Cuban authorities accused blogger Yoani Sanchez on Wednesday of staging a provocation against the Cuban Revolution after she and others spoke publicly about censorship during an arts performance in Havana.

Stocks extended gains on Wednesday after factory and home sales data further spurred hopes that the economy was seeing signs of stabilization.

Demonstrators clashed with riot police and smashed the windows of a bank in London's financial center on Wednesday in protest against a system they said had robbed the poor to benefit the rich.

The Federal Deposit Insurance Corp should be the agency to wind down troubled nonbank financial companies, though perhaps through a legally separate resolution authority, Chairman Sheila Bair said on Wednesday.

Pending sales of existing U.S. homes rose modestly in February but the market is still weak in the face of continued declines in home values and a recession, a realty trade group said on Wednesday.

Stocks rose on Wednesday following factory and home sales data that may point to a healthier economy later in the year, boosting investor optimism.

Massachusetts' top securities regulator charged hedge fund firm Fairfield Greenwich Group with fraud for allegedly lying to investors about confessed swindler Bernard Madoff's phony management business.

Oil fell more than $2 a barrel to below $48 on Wednesday, as U.S. data showed crude stocks grew again last week.

U.S. President Barack Obama said on Wednesday there was enormous consensus between the largest developed and emerging economies on plans to haul the world out of the deepest downturn since the 1930s.

News Corp has named former AOL Chief Executive Jonathan Miller to supervise the media conglomerate's digital strategy, Rupert Murdoch's media conglomerate said on Wednesday.

China, India and other developing nations joined forces on Wednesday to urge rich countries to make far deeper cuts in greenhouse gas emissions than planned by 2020 to slow global warming.