Technology Focus: Is Another Industry Downturn Looming?

Several industry bellwethers like Cisco Systems (Nasdaq: CSCO), Dell (Nasdaq: DELL) ) and NetApp (Nasdaq: NTAP) have reported poor resuilts or forecasts. Hewlett-Packard (NYSE: HPQ) will axe 27,000 people. Is a new tech recession ahead?.

Iran baghdad talks

Iran Will Not Stop Enriching Uranium to 20 Percent; Plans to Construct Two More Nuclear Reactors

Iran will not compromise on the West's demand to stop enriching Uranium to 20 percent, said Fereydoon Abbasi Davani head of Iran's Atomic Energy Organization.

A man walks past a poster of savings bank Bankia in Madrid

Spain’s Bankia Selling Stake In British Airways Owner IAG

Bankia and parent company BFA plan to sell its holdings in IAG and other companies to raise much-needed capital.

Greece

Greek Pro-Bailout Party Regains Lead Over Anti-Bailout Party: Polls

Greece's conservatives have regained an opinion-poll lead that could foreshadow the formation of a pro-bailout government committed to keeping the country in the euro zone, a batch of new surveys showed on Saturday.

Saudi Arabia's King Abdullah speaks in Riyadh

GCC: Can The Arab Gulf States Form A Political And Economic Union To Rival The EU And Shut Out Iran?

The contemplated union of Saudi Arabia and Bahrain forms only one part of a potentially much wider alliance -- the political, military and economic integration ...

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