Commodities bounced off lows on Monday after one of the biggest sell-offs since the 2008 financial crisis turned into cautious buying on hopes that Europe would prevent its debt crisis from dragging down the global economy.
Amazon is expected to release its Kindle tablet in a market dominated by Apple's iPad, which has netted a sale of 29 million units since its launch in April 2010.
Wipro, India's No.3 software services exporter, is considering selling data centres and other computer hardware assets of its U.S. unit Infocrossing, the Economic Times reported on Monday, quoting unnamed officials and bankers familiar with the talks.
A number of manufacturers have tried and failed to enter the tablet computing space, currently dominated by the iPad and iPad 2, but Amazon's forthcoming tablet may have the right mix to shake Apple's empire.
To protect the international financial system, regulators should rely more on a benchmark portfolio as a tool to guard against excessive risk-taking, rather than the capital standards now in use, Citigroup Chief Executive Vikram Pandit said on Friday.
One of the first things new Hewlett-Packard CEO Meg Whitman ought to do is change the company name, brands expert Clive Chajet told IBTimes.
Hedge fund industry veteran Barton Biggs warned of a global double-dip recession and a 20 percent market drop if the governments do not fix the problem.
Commodity investors fled for the exits on Thursday in a panic over raw materials demand, unconvinced that Federal Reserve action will stem a global economic slowdown that shows signs of infecting China and Germany.
The Dow has lost 6.74 percent over the past four days.
Stocks dived more than 3 percent on Thursday, extending losses for a fourth day, as a bleak outlook from the Federal Reserve and weak data from China heightened fears of a global recession.
U.S. stocks are suffering a massive sell-off, with the Dow Jones Industrial Average plummeting more than 400 points, in the wake of a grim outlook from the Federal Reserve. Treasuries are rallying, the yield on the 10-Year note is at 1.76 percent, an all-time low.
Stocks tumbled on Thursday, extending losses for a fourth straight session, as the Federal Reserve's weak outlook for the U.S. economy and disappointing data from China heightened fears about a global recession.
Stocks skidded 3 percent on Thursday, extending losses for a fourth day as a gloomy outlook from the Federal Reserve and weak data from China heightened fears of a global recession.
Wall Street was set for a sharply lower open and its third straight down day on Thursday as a grim outlook from the Federal Reserve and downbeat data in Europe and China heightened fears about a global recession.
Commodities skidded on Thursday as investors scrambled to liquidate after a U.S. Federal Reserve warning, coupled with signs of slower growth in China and Europe, stoked worries about slowing demand for fuels and metals.
Moody's Corp cut the debt ratings of Bank of America Corp , Wells Fargo & Co and Citigroup Inc on Wednesday, saying the U.S. government is getting less comfortable with bailing out large troubled lenders.
U.S. District Judge Ellen S. Huvelle set Feb. 13 as the date when trial will start on the U.S. Justice Department’s case against the $39 billion takeover of T-Mobile by AT&T.
Stocks plunged late Wednesday after the Federal Reserve announced it will sell $400 billion worth of short-maturity bonds and reinvest in bonds with maturities of six to 30 years in the coming year. The program has been commonly referred to as Operation Twist.
The chances of an interloper appear slim in the ongoing deal discussions between United Technologies Corp and Goodrich Corp , according to people familiar with the matter, removing one potential hurdle for United Tech in acquiring the aerospace company.
One thing is certain: when she opens the hearing in Washington on Wednesday, U.S. District Judge Ellen S. Huvelle will face a courtroom filled with richly compensated communications lawyers, especially those paid by AT&T and T-Mobile.
Ireland's state-run bad bank will auction works of art by the likes of Andy Warhol and Alex Katz after it put global auction house Christies in charge of a 14-painting collection valued at up $2.8 million on Monday.
Sany Heavy Industry Co Ltd , China's largest construction machinery maker, could raise up to $3.33 billion in the second biggest stock offering this year in Hong Kong, braving volatile markets to raise funds for expansion of its factories.