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A photographer looks at the DAX index board at Frankfurt's stock exchange

Global Stocks Routed, Gold Soars

An ugly sell-off in global stocks gathered pace on Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.

European Markets Follow Asia on Downward Slide

For Discussion: U.S. / Global Stock Markets
An ugly selloff in global stocks gathered pace Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.

European Software Stocks Jump After HP's Autonomy Bid

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Shares in European software makers jumped amid a falling market on Friday on hopes they were more likely bid targets after Hewlett-Packard's $11.7 billion bid for British enterprise search-software maker Autonomy.
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European Stocks Open With Drop, Following Asia

Global stocks ceded more ground Friday, hurt by mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of another banking crisis.
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Smoke rises in the city of Latakia

Obama Accuses Assad of Slaughtering Syrian People

The United States and European Union called on Syrian President Bashar al-Assad to step down on Thursday and President Barack Obama accused him of torturing and slaughtering his own people in what U.N. officials said could be crimes against humanity.
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U.S. needs to reform corporate tax, GE CEO says

The United States needs to reform its corporate tax code and should consider eliminating all loopholes that allow companies to pay less than the statutory rate, General Electric Co 's chief said.
U.S. Secretary of State Hillary Clinton

United States Calls on Syria's Assad to Step Down

The United States for the first time Thursday explicitly called for Syrian President Bashar al-Assad to step down and imposed new economic sanctions likely to be followed up by the European Union.
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Morgan Stanley cuts global growth view, eyes ECB

The United States and euro zone are dangerously close to recession, Morgan Stanley said on Thursday, criticizing policymakers and predicting the European Central Bank will have to reverse its rates policy.
One kilogram gold bars are seen in this picture illustration

Gold Strikes Record as Macro Unease Jolts Markets

Gold rallied to its second record high in a week on Thursday, driven by growing investor unease over the outlook for the U.S. economy after data showed an unwelcome pickup in inflation, and over the lack of resolution to the European debt crisis.
Smoke rises in the city of Latakia

Obama Calls on Assad to Step Down

President Barack Obama on Thursday for the first time called on Syrian President Bashar al-Assad to step down after a brutal crackdown by Syrian forces on demonstrations against the Assad family's 41-year reign.
KELPIE SHEEP DOGS STAND ON TOP OF SHEEP AT ROYAL EASTER SHOW IN SYDNEY.

Highly Trained Dogs Sniff Out Lung Cancer in Humans

Highly trained sniffer dogs could possibly detect early signs of lung cancer on patients' breath, according to a study published in the European Respiratory Journal. German scientists said Thursday that research suggesting that "man's best friend" could be able to smell cancer revealed startling statistics from a number of dogs with cancer patients.
KELPIE SHEEP DOGS STAND ON TOP OF SHEEP AT ROYAL EASTER SHOW IN SYDNEY.

How Can Your Dog Sniff Out Early Stages of Lung Cancer?

Highly trained sniffer dogs could possibly detect early signs of lung cancer on patients' breath, according to a study published in the European Respiratory Journal. German scientists said Thursday that research suggesting that "man's best friend" could be able to smell cancer revealed startling statistics from a number of dogs with cancer patients.
German Shepherd

Dogs Can Sniff Out Lung Cancer In Early Stage: Study

Highly trained dogs can sniff out lung cancer in its early stage, while it is treatable, a new study suggested.German researchers discovered that dogs could pick up on the smell of organic compounds related to lung cancer, through human breath.
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Gold Rallies Toward Record High

Gold rallied back toward record highs above $1,800 an ounce on Thursday, driven by unease over the lack of a solution to the European debt crisis and sluggish growth in the developed world which has shaken investor confidence in stocks, bonds and hard currencies.
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Merkel and Sarkozy offer no miracle cure for euro

Plans from France and Germany to move toward fiscal union in 2012 got a chilly response from other euro-zone countries and failed to reassure investors worried about the region's debt crisis and weakened economies.
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Wall Street reverses early gains as tech drags

Stocks slipped on Wednesday, reversing gains of more than 1 percent, as weak results from Dell dragged down the largest U.S. personal computer makers and offset recent upbeat earnings and outlooks from retailers, including Target Corp .
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Russia hopes its proposal can revive Iran nuclear talk

Russia pitched on Wednesday a proposal to Iran's foreign minister which it hopes could bring a breakthrough in a confrontation over Tehran's nuclear programme, despite doubts in the West that the plan can make much headway.

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