The Monetary Policy Committee of the Bank of England this morning announced that it will leave its policy lending rate at 0.5% and that it will continue its asset purchase ... Read Full Story »
The Bank of England this morning announced that it would leave its policy lending rate unchanged at 0.5%, the same level it has been on since March of 2009. The ... Read Full Story »
The Apple Inc. (NASDAQ: AAPL) suit against Samsung took a turn for the worse for the South Korean firm. It has contended it was just going about its business to create ... Read Full Story »
Facing disastrous consequences from the economic slowdown in Europe, Sir Mervyn King, the Governor of the Bank of England, set out new plans to aid British financial institutions in the hope ... Read Full Story »
China’s central bank, the People’s Bank of China, has announced an interest rate cut of 0.25% on both its lending and deposit rates. The new rates, which take effect tomorrow, ... Read Full Story »
The Bank of England has voted to decide to leave its key short-term lending rate unchanged at 0.5%. The move was widely expected to remain unchanged, and it also follows ... Read Full Story »
Facebook’s first half revenue doubles from a year ago. (Reuters) Fitch warns about downgrades of China and Japan. (Reuters) Department of Defense officials warn of cuts in the sum the ... Read Full Story »
Reuters: Wall St. was disappointed by Yahoo!'s (NASDAQ: YHOO) revenue forecast. Reuters: French police unblocked the fuel deposites held by strikers against auterity. Reuters: The CEO of Research In Motion ... Read Full Story »