UBS refuses to give U.S. names, replaces chairman
Switzerland's largest bank held its ground on Wednesday in a dispute with the U.S. government, refusing to disclose the names of tens of thousands of rich American clients suspected by U.S. authorities of using secret Swiss bank accounts to dodge U.S. taxes.
Seoul shares seen up on China hopes, eyes on won
Seoul shares are set to rise on Thursday after solid gains on Wall Street, with news that an additional Chinese stimulus package is in the works likely to boost sentiment and eyes on the won currency.
Eland tops its category and wins Sunday Times award
International cable supplier, Eland Cables, achieved the highest ever rank of any electrical cable supplier, taking home the ‘Best Companies to Work for’ in 2009 from The Sunday Times.
Lahore attack grips Pakistan, police hunt gunmen
Pakistani investigators were following important leads to identify who was behind the attack on the Sri Lankan cricket team in Lahore, Foreign Minister Shah Mehmood Qureshi said on Wednesday.
U.S. launches $75 billion mortgage plan to aid homeowners
The Obama administration on Wednesday launched a $75 billion foreclosure relief plan, as new data showed one in five U.S. homeowners with mortgages owe more than their house is worth.
CORRECTED: U.S. launches mortgage plan as homeowners struggle
WASHINGTON/NEW YORK - The Obama administration on Wednesday launched a $75 billion foreclosure relief plan, as new data showed one in five U.S. homeowners with mortgages owe more than their house is worth.
China hopes, oil's jump end Wall St 5-day rout
Stocks rallied on Wednesday, ending a five-day losing streak, as another Chinese stimulus package boosted commodity prices and encouraged investors to jump into energy and natural resource shares.
Palm Treo Pro launching March 15
Sprint announced Wednesday that the Palm Treo Pro (not to be confused with the Palm Pre) will be released on March 15 with a two-year contract.
Sprint's Palm Treo Pro announced
Sprint announced the launching of Palm Treo Pro on March 15 of this year with a Windows Mobile 6.1 Professional on a 400 MHz processor from Qualcomm, and comes with Microsoft's standard suite of productivity and entertainment applications.
Credit concerns pound GE shares in volatile trade
General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as investors worried about a possible downgrade of GE's credit rating and how its finance arm would get through the recession.
China hopes, oil's surge snaps Wall Street's 5-day rout
Stocks rallied on Wednesday, ending a five-day losing streak, as another Chinese stimulus package boosted commodity prices and encouraged investors to jump into energy and natural resource shares.
Ford launches major debt restructuring
Ford Motor Co detailed debt restructuring initiatives on Wednesday, including conversion of debt to equity and two cash tender offers, that could retire up to $10.4 billion of the automaker's debt.
Need for Speed Shift: First Look
EA (Electronics Arts) has three options to come out for Need for Speed this summer. The Need for Speed SHIFT, Need for Speed NITRO and Need for Speed World Online.
Near-term outlook for U.S. darkening: Fed officials
The immediate outlook for U.S. growth is grim but forceful policy action will help end the country's year-long recession, top officials for the Federal Reserve said on Wednesday.
China optimism, oil's surge halts Wall Street 5-day rout
Stocks rallied on Wednesday, ending a five-day losing streak, as another Chinese stimulus package boosted commodity prices and encouraged investors to jump into energy and natural resource shares.
RBS to consider sale of ABN AMRO business in China
Royal Bank of Scotland said on Wednesday it plans to sell the retail and commercial banking businesses of newly-acquired ABN AMRO China, part of efforts to exit from these operations in Asia.
U.S. private sector loses jobs, service sector slumps
U.S. private companies hemorrhaged nearly 700,000 jobs in February and the service sector slump deepened as the year-old recession showed little sign of abating, according to data released on Wednesday.
Biovail, Melnyk misled investors, OSC argues
TORONTO - Biovail Corp and its founder were so worried in 2003 that the drug company's quarterly results would not meet targets that they fabricated the effects of a fatal truck crash that destroyed a shipment of drugs, Canada's main securities regulator said on Wednesday.
Amazon's Kindle e-books now on Apple iPhone, iPod
Apple Inc iPhone and iPod Touch users can now read books on their devices using software from Amazon.com Inc's Kindle electronic reader, boosting shares of the online retailer 5 percent.
Oil gains nearly 9 percent on U.S. crude stocks drop
Oil settled nearly 9 percent higher on Wednesday after data showed an unexpected drop in U.S. crude stocks and an increase in gasoline demand.
Fears push GE stock to 18-year low
General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as anxiety over a possible downgrade for GE and its finance unit was compounded by an investor lawsuit over a recent dividend cut.
Clinton wants serious talks with Russia on shield
U.S. Secretary of State Hillary Clinton said Wednesday she wanted to put on a serious track talks with Russia on a missile defense shield to counter nuclear threats from Iran.
CORRECTED: Fears push GE stock to 18-year low
BOSTON/CHICAGO - General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as anxiety over a possible downgrade for GE and its finance unit was compounded by an investor lawsuit over a recent dividend cut.
British luxury car makers defy recession
British luxury car makers have been defying the recession by unveiling glamorous new models...
Facebook introducing a real-time home page, filter tools
Facebook is making a variety of product announcements on Wednesday, the most significant of which is a renovation of the News Feed that users see when they log into their accounts and new filtering tools.
Travel Picks: 10 of the top most mispronounced places
thing can make a traveler feel more clueless than mispronouncing the name of a local destination, but it's easily done.
Human faced fish spotted in South Korea
The town of Chongiu, not only is it the center of Korea but it has also become the center of media attention as it is home to the humanoid carp living in a small pond.
Microsoft says swings jobs axe without visa bias
Microsoft Corp will favor neither American nor foreign workers as it cuts thousands of jobs, the company said on Tuesday in response to a senator's call that the jobs of U.S. employees be preserved.
IBM's new Software allows Face to face Meeting
IBM created a software allowing people to meet in a virtual world face to face. The new software called Sametime 3d allows people to meet, exchange instant messages, chat verbally and share presentations and ideas in private, prefabricated, reusable meeting spaces located in a variety of virtual worlds.
eTelecare Global Solutions To Acquire Talk Talk Group's South African Subsidiary
eTelecare Global Solutions to acquire Phone House Ltd., a BPO service subsidiary Talk Talk Group Limited, a South African customer care subsidiary by adding about 400 employees to expand its global delivery network.