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EBay buys German technology company

EBay Inc said on Thursday it bought BillSafe, a purchase and invoicing technology provider with clients in Germany, and will combine it with its PayPal online payments service, in a move to strengthen its e-commerce capabilities in Northern Europe.
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Apple iPhone market share slips in Europe: research firm

The long-awaited launch of the iPhone 4S has helped Apple win market share in the United States and Britain, although it is losing ground in the rest of Europe, data from research firm Kantar Worldpanel ComTech showed on Thursday.
Europe's Markets

Europe's Markets Close Lower Wednesday on ECB Tender Doubts

Europe's markets fell on Wednesday after the large take up rate by banks for cheap European Central Bank loans worried investors about the banks' funding needs and raised doubts they would use the money to buy the region's peripheral debt.
Attendees walk down branded steps at the 29th Oracle OpenWorld in San Francisco October 2, 2011.

Oracle Results Shock Investors, Shares Plunge

Oracle Corp's earnings fell short of Wall Street's forecasts for the first time in a decade as software and hardware sales sputtered, sending its shares down more than 10 percent and stoking fears a global recession will hurt tech spending.
Europe's Markets

Europe's Markets Pare Gains Wednesday at Mid-Day Following ECB Intervention

Europe's banks borrowed nearly €490 billion or $637 billion from the European Central Bank at its first-ever offer of three-year loans on Wednesday, encouraging demand for the euro and stocks on hopes the funding will ease the two-year old debt crisis. On Wednesday at mid-day, London's FTSE 100 was down 25 points to 5,393, Germany's DAX was down 29 points to 5,819, and France's CAC 40 was off 22 points to 3,033.
Eurozone

Europe in 2012: Renaissance or Lingering Dark Ages?

The outlook for Europe looks gloomy especially after the European Central Bank (ECB) warning that risks to euro area financial stability increased considerably in the second half of 2011, as the sovereign risk crisis and its interplay with the banking sector worsened in an environment of weakening macroeconomic growth prospects.
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Boost from ECB lending seen limited

Europe's banks borrowed nearly 490 billion euros from the European Central Bank at its first-ever offer of three-year loans on Wednesday, encouraging demand for the euro and stocks on hopes the funding will ease the two-year old debt crisis.
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Euro, stocks gain as ECB lending seen positive

European stocks and the euro firmed on Wednesday, enjoying a brief surge after banks borrowed around $489 billion euros from the European Central Bank at its first-ever offer of three-year loans on hopes it will be a significant step toward easing the region's two-year old debt crisis.
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Layar rolls out consumer app for augmented reality

Layar, one of the pioneers of mobile augmented reality, rolled out on Tuesday Stiktu, an application allowing smartphone users to combine their digital postings with real images and share them with each other.
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DJIA Soars, Banks Have Big Trading Day

U.S. stocks soared on Tuesday. The Dow Jones Industrial Average (DJIA) ended up 337 points, or 2.9 percent, to close at 12,103. The S&P 500 Index rose 36 points, or 3 percent, to 1,241, while the NASDAQ rose 80 points, or 3.2 percent, to 2,604.
Gold sculpture in a Chow Tai Fook store

Gold, Silver Surge on Housing Data

Gold prices rose Tuesday with other commodities and global equities on unexpected signs the U.S. housing market is turning around and continued improvement in the Eurozone.
A man stands next to a globe displaying international stock market prices at the London Stock Exchange in the City of London

10 Bearish Predictions for Investors in 2012

At a time of daily stock-market seizures, weekly bank and sovereign debt downgrades and monthly central bank interventions, most people are seeing the glass half empty, and have forecasted bearish -- if not downright abysmal -- market conditions for next year. A look at some of the more salient predictions.

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