IBT Staff Reporter

Consumers waste almost 2 billion pounds per year on rarely used labour saving gadgets and now have almost 80 million white elephants in their homes.

Investing in football club equities was once the domain of the staunch supporter, interested more in hanging a share certificate on the wall than making money.

The part of capital in market began to flow into power shares in recent two days as the China Life Insurance perform ordinary.

The FTSE 100 index is seen opening 2 points higher on Friday, financial bookmakers said, after the index ended up 0.69 percent at 5,9871.3 points in the previous session.

Man Group, the world's largest listed hedge fund firm, said it expected fee income and earnings per share to have risen by about a third in the six months to the end of September

An expanding pool of workers means the economy can grow faster than the government assumes without fuelling inflation, according to an influential think tank.

Aegis Group has won the pan European media buying and planning account for General Motors, the world's second largest spender on advertising behind Procter & Gamble

The pace of U.S. economic growth softened more sharply than expected in the second quarter and corporate profits rose feebly......

Insurance companies which are currently being monitored for non-payment of insurance coverage will submit an additional 100,000 cases on non-payment on Friday to Japan's Ministry of Finance.

One of Japan's major convenience store companies opened a new chain in Tokyo on Wednesday which targets female customers, the company announced.

Spain will increase its efforts to cooperate with developing Latin American countries on trade issues, after signing an agreement with the United Nations on Thursday.

A top U.N. trade official said suspended World Trade Organization trade talks hurt the poor and that it was imperative that they resume in order to avert a resurgence in protectionism.

CEMEX said on Thursday it will begin construction on a new $460 million kiln at its Tepeaca Cement Plant in Puebla, Mexico.

Ford Motor Credit Company said on Thursday it will reduce costs in the U.S and Canada by cutting 2,000 jobs and will consolidate most of its servicing operations.

China Central Huijin, owning more than HK$1,000 billion in three Chinese asset banks in Hong Kong, plan to open an account of company's investors in Hong Kong Stock Exchange & Clearing (HKex)'s subsidary - Central Clearing.

New vehicle sales for September are expected to exceed 1.38 million units, an increase of 4.1 percent from the same period last year, according to an online automotive study. Estimages of Mid-size SUV sales are already up for the month.

A new study released on Thursday shows that U.S consumers have spent almost 20 percent more on gifts so far this year compared to the same period last year. Continued gift spending is expected to reach over $2,250 this year once the Christmas season is in full swing.

Mortgage war among local banks might upgrade following the lastest moves in polices of mortgage rate between HSBC and BOC(HK).

The central parity rate of the Renminbi (RMB) yestoday broke 7.9 mark against US dollar, closing at 7.8998 yuan, more and more approaching the level......

Australian Pharmaceutical Industries Ltd board members copped a barrage of criticism from shareholders at the pharmacy retailer's annual general meeting on Thursday.

A cooling housing market helped slow US economic growth in the second quarter more than earlier estimated, the government reported on Thursday, and may curb expansion for the rest of the year.

The resource boom is causing demand for executives to reach record levels, and could trigger an executive skills shortage and higher executive wages, new research shows.

National Australia Bank's (NAB) head of retail operations says the bank is considering setting up shop in smaller retail outlets as it looks to diversify its customer facing channels.

Industry superannuation funds were the best performers in the last quarter as total super assets rose by 1.3 per cent to $913.9 billion.

Healthscope Ltd says it will sell five of its non-core hospital assets to privately owned Healthe Care Australia (Healthe Care Australia) for $63.2 million as it seeks to reduce its debt.

Nigeria, the world's eighth biggest oil exporter, is trimming supplies from October 1 after discussions with fellow OPEC members on how to stem a price fall, a senior Nigerian oil industry source said on Thursday.

HP today announced it has signed a definitive agreement to acquire VoodooPC, a leader in the design and manufacture of high-performance and personalized gaming computer systems.

Sony Ericsson is partnering with watch maker Fossil Inc to create a new line of watches that have the ability to synchronize with cell phones via Bluetooth wireless technology.

IBM Corp. and Lenovo Inc. are recalling over half a million battery packs for its ThinkPad notebook computers equipped with rechargeable lithium-ion batteries manufactured by Sony Corp.