Asian stocks neared 22-month highs on Wednesday as regional investors largely shrugged off festering worries about fiscal problems in Europe and focused on a recovery in the world economy.
According to a new study, eating five servings of fruit and vegetables a day does little to reduce a person's risk of cancer. The findings go against the long-standing advice that regular helpings of fruit and vegetables will lower cancer risk.
AOL Inc plans to find a buyer for its social networking site Bebo, for which it paid $850 million in 2008, or shut it down.
Royal Bank of Scotland on Tuesday launched its planned bond exchange and buy-back to restructure up to 15.8 billion pounds ($24 billion) of debt, hitting prices of a few lower ranked bonds.
Greek banks are being hit by a wave of redemptions as rich citizens and companies look to move their money to big global banks or offshore as the country's debt crisis rages, the Telegraph newspaper reported on its website.
Greece is not seeking to amend an EU-IMF safety net agreement, a top finance ministry official said, trying to calm markets that ditched Greek assets and the euro after a flurry of news suggesting Athens' debt crisis was worsening.
The euro fell against both the dollar and yen on Tuesday on renewed worries about Greek debt but European equities hit fresh 18-month highs, outperforming flat global share markets.
Greece will launch a multi-billion dollar bond in the United States this month, selling itself for the first time as an emerging market as demand for its debt dwindles in Europe, the Financial Times reported.
The administrators of Lehman Brothers' U.K. unit are objecting to a plan by the collapsed U.S. investment bank to create an asset manager that would continue to oversee its illiquid assets post-bankruptcy.
The Aussie dollar opens this morning slightly above the 92 cent level buoyed by optimism of a continued recovery in global economic growth following upbeat U.S economic data in the form of increasing employment.
The dollar retreated from a seven-month high against the yen on Monday as investors booked profits following four days of gains for the U.S. currency. Higher oil and metals prices helped propel the Canadian dollar to a 20-month high against its U.S. counterpart, leaving it within striking distance of parity, while the euro slipped. A holiday-thinned market kept trading volume light, with the UK, most euro zone countries and parts of Asia closed.
U.S. palladium and platinum futures rose to their highest since 2008 on Monday on strong physical demand and better sentiment, and gold contracts hit a two-week high in thin post-holiday trade.
More than one in seven staff members said they or a colleague had been bullied by children spreading malicious rumours about them on-line, according to research.
Billionaire investor Wilbur Ross said on Sunday he is prepared to commit up to 500 million pounds ($760 million) to support Virgin Money in its bid to buy the branch network of the Royal Bank of Scotland .
Thaliomide, the sedative drug taken by mothers to reduce morning sickness, half a century ago, which resulted in high risk of birth defects, treats a rare inherited blood disorder, according to recently reported lab experiments.
British Prime Minister Gordon Brown said the world's large economies were close to agreeing a global tax on banks to help prevent another financial crisis, the Financial Times reported on Monday.
Apple Inc's iPad hit stores on Saturday after months of buildup, igniting excitement and kicking off a critical sales period that will determine if the sleek tablet computer becomes the next blockbuster.
Apple Inc's iPad hit store shelves on Saturday after months of breathless buildup, kicking off a critical sales period that will determine if the sleek tablet computer becomes the next blockbuster.
China's central bank said on Friday that it expected the dollar to strengthen this year, but it raised the specter of worldwide asset bubbles and inflation.
Home Secretary Alan Johnson said mephedrone - currently freely available to buy on the internet and in shops selling legal highs - would join amphetamines and cannabis as an outlawed class B drug, the second most dangerous kind.
Audits are underway at a new Internal Revenue Service unit set up to catch rich tax cheats hiding funds in tax shelters, but don't expect a flood of evaders to come to light any time soon.
Factories in the United States, Europe and Asia cranked up production last month, suggesting recovery from a deep recession was taking root in economies around the globe.
