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Financial Crisis
Prudent interventions by major central banks averted a global financial calamity during the financial crisis’ acute stage three years ago. Another intervention to address Europe may be needed, and should be implemented, if central bank officials deem it necessary.

Marvell warns about Thailand flood impact

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Marvell Technology Group gave a cautious revenue forecast as widespread flooding in Thailand hurts demand for its hard-drive controllers, but upbeat news about expansion in China gave the chipmaker's stock a bump.
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Reed Elsevier on Track in Economic Storm

Anglo-Dutch publishing and events group Reed Elsevier Plc/NV posted a 1 percent rise in underlying sales for the first nine months of the year and said macroeconomic uncertainty had had only a marginal effect on its results.
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Delphi IPO prices at low end of range

Delphi Automotive Plc raised $530 million in its initial public offering -- in a deal that values the company much less than it had hoped for when IPO plans were first being formed.
Barack Obama Australia vist

U.S. 'Here to Stay' in Asia, Obama Says in Australia

President Barack Obama said Thursday the U.S. military will expand its role in the Asia-Pacific region despite budget cuts, declaring America was here to stay as a Pacific power which would help shape the region's future.
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BHP Billiton turns more cautious on market outlook

BHP Billiton , the world's biggest miner, has turned more wary on the outlook for commodity markets as some players face tighter access to credit, but said conditions are not as bad as during the global financial crisis.
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IMF replaces Europe director as debt crisis boils

The International Monetary Fund replaced its European Director with a powerful, well-connected, insider on Wednesday in a sign the global lender is setting a more forceful course of action in dealing with the European crisis.
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Qihoo Q3 Beats, Sees Q4 Revenue Above Estimates

China-based Qihoo 360 Technology Co (QIHU.N) posted better-than-expected quarterly results and forecast strong revenue for the current quarter as the provider of antivirus software draws more money from online advertising.
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Ericsson, Alcatel Dominate LTE Market: Dell'Oro

Ericsson and Alcatel-Lucent won more of the emerging market for LTE wireless network technology in the third quarter, helped by their strong position in the United States, researcher Dell'Oro said.
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Ericsson, Alcatel dominate LTE market: Dell'Oro

Ericsson and Alcatel-Lucent won more of the emerging market for LTE wireless network technology in the third quarter, helped by their strong position in the United States, researcher Dell'Oro said.
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Qualcomm keeps long-term growth target

Qualcomm Inc on Wednesday affirmed its long-term growth target of at least 10 percent for annual revenue and earnings per share, citing strong demand for smartphones and other wireless devices.
Oil Prices

Oil Pushes Through $100 Level…Again

Several factors are at work in oil's latest push back above the psychologically-significant $100 per barrel level -- a price that U.S. motorists wince at.

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