Green jellyfish protein scientists win Nobel
STOCKHOLM (Reuters) - Two Americans and a Japanese researcher won the 2008 Nobel Prize in Chemistry on Wednesday for the discovery of a glowing jellyfish protein that makes cells, tissues and even org...
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Stg falls vs dlr, mkt digests coordinated rate cut
LONDON, Oct 8 (Reuters) - Sterling weakened against the dollar and the euro on Wednesday as doubts began to emerge on the effectiveness of coordinated rate cuts delivered by leading central banks a...
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FOREX-US dollar falls, yen rallies after global rate cuts
NEW YORK, Oct 8 (Reuters) - The U.S. dollar fell against major currencies on Wednesday, while the yen surged as investors doubted whether coordinated rate cuts by global central banks were sufficie...
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KBW upgrades Bank of America
All Associated Press news NEW YORK (AP) - Keefe, Bruyette & Woods analyst Jefferson Harralson on Wednesday upgraded Bank of America Corp. to "Market Perform" from "Underperform," citing a recent d...
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EU to introduce legislation to oversee ratings agencies
BRUSSELS (Reuters) - European Union finance ministers agreed to introduce legislation to oversee credit rating agencies after the U.S. subprime crisis highlighted the industry's failures.

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Higher debt and weaker consumers to hurt retailers
LONDON (Reuters) - Retailers are in danger of becoming one of the leading victims of the credit crisis, with the cost of insuring their debt against default on the rise due to their exposure to heavily indebted consumers.

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IMF chief unsure if worst of financial crisis is over
TOYAKO, Japan (Reuters) - It is hard to know how far the global financial crisis still has to run, with the extent of further credit losses dependent on what happens to the U.S. housing sector, IMF chief Dominique Strauss-Kahn said on Wednesday.

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  • China Mobile: Shanghai IPO will be small

    Description: An unhandled exception occurred during the execution of the current web request. Please review the stack trace for more information about the error and where it originated in the code. Exception Details: System.IO.FileNotFoundException:

  • Wall Street relishes Spitzer's fall from grace

    NEW YORK (Reuters) - For years, he was the scourge of the Masters of the Universe and the Sheriff of Wall Street.