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12 June 2009 03:25 am
Social media company Twitter is struggling to craft a profitable business model, but the Web-based service has helped Dell Inc chalk up millions of dollars in sales.

11 June 2009 04:56 am
Regulators and politicians who want to curb the huge bonuses paid to financiers in the wake of the global credit crisis may find the banking sector's response even more unpalatable.

11 June 2009 04:54 am
Chrysler and Italian automaker Fiat on Wednesday officially signed a strategic alliance brokered by the U.S. government, one day after the Supreme Court cleared the path for the deal.

02 June 2009 04:00 am
The future of thousands of car industry jobs in Europe remained uncertain Monday as General Motors filed for bankruptcy after reaching a deal to sell off its European operations, including German automaker Opel, UK-based Vauxhall and Saab.

01 June 2009 05:19 am
General Motors, the nation's largest automaker and for decades an icon of American manufacturing, stood on the brink of a bankruptcy filing and a de facto government takeover on Monday.

27 May 2009 04:39 am
Oil rose to hit a six-month high above $63 a barrel on Wednesday after OPEC kingpin Saudi Arabia said the global economy had strengthened enough to cope with oil at $75-$80 a barrel.

27 May 2009 04:32 am
General Motors on Wednesday prepared to face the fallout from a failed debt exchange that sends the largest U.S. automaker closer to a bankruptcy filing expected by the end of the month.

26 May 2009 05:26 am
Young job-seekers face a tough time ahead looking for work as the recession deepens, with almost half of 500 firms in a survey saying they will not be taking on school-leavers or graduates this year.

26 May 2009 05:19 am
Virgin Atlantic reported a sharp rise in profits Tuesday, bucking the trend seen by other airlines.

26 May 2009 04:46 am
Some UAE banks are seeing up to 2,500 customers leave the country every month without paying off their credit-card bills, a number that could rise in June, a senior RAK Bank official said on Sunday.

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