Global shares hit three-month lows and the euro fell to an eight-month low against the dollar on Friday as euro zone sovereign debt problems and nerves ahead of U.S. jobs data led investors to dump riskier assets.
Oil fell below $73 a barrel on Friday, extending losses after its biggest one-day fall since July, and as the U.S. dollar hit a seven-month high against a basket of currencies.
Toyota Motor Corp is preparing to recall up to 300,000 of its latest model Prius hybrid cars due to braking problems, in a further blow to the reputation of the world's largest car maker.
Asian stocks fell to five-month lows on Friday as investors dumped riskier assets after growing sovereign debt problems in the euro zone and rising U.S. jobless claims sparked jitters about the global economic recovery.
Oil edged up on Friday after its biggest one-day fall since July a day ago, as intervention by the Swiss National Bank to buy euros pared dollar gains.
U.S. employers probably stopped cutting jobs and added 5,000 payrolls in January, the second monthly gain since the recession started in December 2007, the government is expected to report on Friday.
Toyota Motor Corp is preparing to recall its iconic Prius hybrid car to address more than 100 complaints about delayed braking, spreading the top automaker's quality woes to one of its most important models.
Asian stocks fell to near five-month lows on Friday as investors dumped riskier assets after rising sovereign debt problems in the euro zone and poor jobs data sent U.S. and European stocks tumbling.
Changes that Google Inc and the Authors Guild made to an ambitious plan to create a massive online library were inadequate because they fail to address antitrust and copyright concerns, the U.S. Justice Department said on Thursday.
Changes that Google Inc and the Authors Guild made to an ambitious plan to create a massive online library were inadequate because they fail to address antitrust and copyright concerns, the U.S. Justice Department said on Thursday.
Oil was steady near $73 on Friday, near lows for the year after its biggest one-day drop since July in the previous session, as the dollar jumped to its highest against the euro in eight months.
Toyota Motor Corp, already reeling from two massive recalls, faced the possibility of a third when U.S. safety regulators opened a probe on Thursday into a braking problem on the Prius, the world's top-selling hybrid.
Deutsche Telekom AG is considering an initial public offering or spinoff of its U.S. wireless service T-Mobile USA, the Wall Street Journal reported.
Asian stocks fell to near five-month lows on Friday as investors dumped riskier assets after rising sovereign debt problems in the euro zone and poor jobs data sent U.S. and European stocks tumbling.
New York's attorney general charged Bank of America Corp , former Chief Executive Kenneth Lewis and former Chief Financial Officer Joe Price with fraud for allegedly misleading shareholders about the acquisition of Merrill Lynch & Co.
Shares of Toyota Motor Corp picked up from a 10-month low on Friday after the world's largest carmaker reported better-than-expected quarterly results and raised its outlook despite its growing recall-related problems.
Shares of Toyota Motor Corp fell 0.5 percent early on Friday after the world's largest carmaker reported better-than-expected quarterly results the previous day and raised its outlook despite the ongoing recall turmoil.
Republican Scott Brown was sworn in as the Senator of the Commonwealth of Massachusetts on Thursday.
Deutsche Telekom is considering spinning off or launching an IPO for T-Mobile, its U.S. wireless business, the Wall Street Journal reports.
Food giant Kraft Foods and Warren Buffett's Berkshire Hathaway sold $17.5 billion in debt on Thursday, braving a suddenly weak corporate bond market to finance major acquisitions, market sources said.
Google is teaming up with the National Security Agency in order to investigate the recent hack attack against its network in a bid to prevent another assault, according to The Washington Post.
Ten U.S. missionaries detained in Haiti were charged on Thursday with child kidnapping and criminal association for trying to take children illegally out of the earthquake-hit country.
