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Russia's central bank unexpectedly cut its main interest rate on Friday as fears of recession mount in the country…

China will cut retail prices for gasoline by 365 yuan ($58) per tonne and for diesel by 350 yuan ($56) per tonne…

World stock markets and oil prices rallied on Friday, fueled by hopes for global growth after China rolled out a…

Microsoft Corp is planning to cut 1,000 jobs in Finland from its mobile phone unit, a Finnish daily said on…

Egypt’s bond rating was cut for the fifth time in two years by Moody’s Investors Service, pushing government debt…

Finnish mobile phone maker Nokia said it will cut over 1000 IT jobs, including 820 employees who will transfer to…

Spain has tipped back into recession, an official estimate confirms, even as the government pressed ahead with…

Schneider Electric, the global specialist in energy management, has published a new White Paper on 'How Data Center…

Loss-making chip maker ST-Ericsson will cut 1,700 jobs and shift a key part of its product to parent STMicro as it…

After a year into an alliance with Microsoft Corp. to try to win back market share lost to Apple Inc. , Nokia cut…