Stocks News

Stocks are falling after the White House rejected the turnaround plans of General Motors Corp.

Nationalised lender Bradford & Bingley has confirmed it is to write off more than A 500m in mortgage loans turned sour.

The Sensex is now down 441 points at 9,607. Banking, realty and metal stocks continue to remain the major draggers on the index.

Fifth Third Bancorp said on Monday it agreed to sell 51 percent of its payment processing unit to private equity firm Advent International Corp for $561 million.

Geithner treads a line between financial paralysis and populist resentment By Robert J. Samuelson Call it Uncle Sam's hedge fund.

Stricken Dunfermline Building Society has been saved from collapse in a rescue deal with larger mutual Nationwide, the Bank of England announced.

A man monitors stock market prices in Taipei in this September 2008 Reuters HONG KONG: Asian shares and oil prices retreated on Monday after their recent rallies were seen as overdone and as investors looked ahead to key events this week including a meeting of G20 world leaders.

Toronto, March 28 : The world may no longer be flat very soon. Contrary to what Thomas Friedman said told us after his analysis of globalisation, the world will indeed become a "whole lot smaller'' very soon, if a top Canadian economist is to be believed.

Crude prices fell sharply to end the week and natural gas tumbled to seven-year lows as a worsening economy led to more painful cuts in the industrial sector.

The Inter-American Development Bank's leadership on Sunday proposed nearly tripling the lending body's capital to $280 billion, though there was no indication that its biggest stakeholder, the United States, backs the plan.