A fresh wave of bad economic news, including a half-million Americans newly out of work and the weakest October retail sales in nearly 40 years, pummeled the stock market Thursday, driving the Dow Jones ...
Stocks sold off on Thursday in the worst two-day slide since October 1987 with disappointing corporate outlooks and bleak sales from major retailers fueling fears of a deepening economic downturn.
More than 62 billion was wiped off the value of the UK's biggest companies today in the wake of the Bank of England's shock 1.5% interest rate cut.
An historic china manufacturer has gone into administration, it was announced tonight.
The Toronto stock market's decline deepened Thursday as lackluster corporate losses and cautious predictions for next year kept the weakening economy in the spotlight.
By MATT APUZZO WASHINGTON - When the government took over mortgage giants Fannie Mae and Freddie Mac, taxpayers inherited more than just bad debts.
Mumbai : The Bombay Stock Exchange benchmark Sensex on Thursday once again dipped below 10,000 points level after losing over 385 points on the funds' selling spree on concerns of deepening global recession ...
Mumbai, Nov 6 : The cost of credit for households and the corporate sector is all set to fall as the State Bank of India , the country's largest bank, has cut its prime lending rate by 75 basis points.
JAPANESE stocks tumbled more than 5 per cent in early trade after Wall Street suffered a heavy sell-off overnight on renewed worries about the outlook for the global economy.
THE chief executive of fallen investment bank Lehman Brothers will step down by the end of the year without severance or a bonus, a spokesman said on Wednesday.
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