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Stock futures fall on worries over global economy

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Stock index futures tumbled on Thursday as a grim outlook from the Federal Reserve and downbeat data on private sector business activity in Europe and China stoked fears the global economy could sink back into recession.
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Oil slides $3 on economic gloom, dollar

Oil prices fell over $3 a barrel on Thursday, with U.S. futures touching $82.75 a barrel as a combination of signals heightened worries about global economic growth and a rallying U.S. dollar added to downward momentum.
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DAX board is pictured at the Frankfurt stock exchange

Stocks Take Beating on Grim U.S., China, Germany Data

A grim outlook for the U.S. economy from the Federal Reserve and signs of a slowing China and Germany drove world stocks sharply lower on Thursday and pushed investors into safer currencies and government bonds.
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Senate Antitrust Hearing Sees Schmidt Defending Google

Defending his company’s business practices on Capitol Hill for the first time after the mounting inspection of its operations, Google Inc. Chairman, Eric Schmidt, directly declined that his company was manipulating its search engine results to steer users to its own online services.
Greece's PM Papandreou addresses the audience at the International Trade fair of Thessaloniki in northern Greece

Global Economic Crisis: Are we Better or Worse off than 2008?

Global Economic Crisis: Are we Better or Worse off than 2008? The Greek economic crisis is at the heart of the problems of the world economic crisis and for as long as France and Germany continue to ignore the realities that Greece must be allowed default on its debts, the European and world economies will suffer the consequences.
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Analysis: Fed's twist moves hurt company pension plans

The Federal Reserve's 'Operation Twist' to bring down bond yields and stimulate the economy is likely to cause pain for the nation's largest pension funds, already struggling with funding shortfalls from the recent stock market decline.
Woman walks past an electronic board displaying market indices outside a brokerage in Toky

U.S. Stock Futures Point Downward

Stock index futures pointed to a lower open on Wall Street, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down between 1.4 to 1.8 percent at 0923 GMT.
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North Korea Seeks to Reopen Nuclear Talks with U.S.

North Korea wants a second round of dialogue with the United States, possibly next month, as part of renewed efforts to restart talks on disabling the its nuclear weapons program, a South Korean official said Thursday.
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Fed Outlook, China Data Depress World Markets

World stocks hit a fresh one-year low on Thursday and investors poured money into safer currencies and government bonds after the Federal Reserve gave a grim outlook for the U.S. economy and China's manufacturing slowed.
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Fed outlook, China rattle investors

World stocks hit a fresh one-year low on Thursday and investors poured money into safer currencies and government bonds after the Federal Reserve gave a grim outlook for the U.S. economy and China's manufacturing slowed.
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Softbank dives on report rival may also sell iPhone 5

Shares of Softbank Corp <9984.T>, Japan's third-largest mobile carrier, tumbled more than 10 percent on Thursday after a report said the company was set to lose its position as the sole vendor of Apple's iPhone in Japan.
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FedEx Seen Cutting Outlook with Economy Stalled

FedEx Corp is seen reporting higher quarterly results than a year ago on Thursday, but analysts are more keen to see if the No. 2 package delivery company cuts its full-year guidance because stalled global economic growth has stifled volume.
India-Nepal quake

Rescue Workers Search for Survivors of Himalaya Quake

Rescue workers with sensors and sniffer dogs searched through rubble on Wednesday for more survivors of an earthquake that has killed at least 100 people in a remote Himalayan region and left many, including 400 foreigners, stranded in far-flung areas.
Chief Executive of Tata Consultancy Services Chandrasekaran and Chief Financial Officer Mahalingam attend a news conference to announce the company&#039;s Q4 results in Mumbai

TCS Sees Opportunities Amid Downturn

Outsourcing leader Tata Consultancy Services (TCS) sees opportunity as corporate customers embrace new technology, although a poor economy means that overall spending in the United States and Europe will stay weak.

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