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Iran says U.S. plane violated Iran's airspace

published about 3 hours ago
TEHRAN (Reuters) - An Iranian news agency said on Tuesday that a U.S. military aircraft had unintentionally violated Iranian airspace and been forced to land in Iran, but later allowed to leave.

Stocks open up on Fed commercial paper move (Reuters)

published about 3 hours ago
Reuters - Stocks opened higher on Tuesday after the Federal Reserve moved to unclog the commercial paper market, which is widely used to fund day-to-day business by companies.

Iceland takes extreme steps to save its finance system

published about 3 hours ago
Iceland took control Tuesday of one of its largest banks, pegged its currency to a basket of other units and said that it was seeking a €4 billion-emergency loan from Russia as it struggles to keep its economy afloat.

Fed will lend directly to companies

published about 3 hours ago
The Federal Reserve will buy vast amounts of commercial paper, the unsecured short-term debt that companies rely on to finance their day-to-day activities

U.S. stocks rise at opening on Fed plan

published about 3 hours ago
Stocks wavered in Europe, a day after their worst decline in 21 years, amid expectations that central banks were poised to implement coordinated interest rate cuts.

AMD spins off plants in $8.4bn Abu Dhabi deal

published about 9 hours ago
Advanced Micro Devices plans to spin off its chip plants and receive a lifeline of up to $8.43bn from Abu Dhabi as it struggles to ... more

AMD to sell chip plants in $8.4bn Abu Dhabi

published about 9 hours ago
Advanced Micro Devices plans to spin off its chip plants and receive a lifeline of up to $8.43bn from Abu Dhabi as it struggles to ... more

Carmakers float EU loan request

published about 14 hours ago
Carmakers facing falling sales asked Brussels for a €40bn ($55bn, £31bn) loan package yesterday. But the request from Acea, the European carmakers' lobby...
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Icesave savers warned on accounts

published less than 1 hour ago
Iceland's government takes control of the country's second largest bank, Landsbanki, which owns Icesave in the UK.

Tata announces new plant for Nano

published about 3 hours ago
India's Tata Motors is to build the world's cheapest car, the Nano, in Gujarat state following a row over land for its original site.

A&L fined record £7m over PPI sales

published about 3 hours ago
Alliance & Leicester has apologised to customers after the FSA found 'serious failings' in the sale of hundreds of thousands of payment protection insurance policies
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Paris warns on executive pay

published about 4 hours ago
The French government has ordered companies to rein in executive pay and curb reward for failing top management or face legislation early next year
» FT.com - World   

Paris warns companies on executive pay

published about 4 hours ago
The French government has ordered companies to rein in executive pay and curb reward for failing top management or face legislation early next year
» FT.com - World   

Iceland nationalises Landsbanki

published about 7 hours ago
Iceland's second largest bank was nationalised as the beleaguered country used new powers that allow it to seize control of public companies in the financial ... more

CBA in talks to buy BankWest

published about 9 hours ago
Commonwealth Bank of Australia is in exclusive talks to buy BankWest, the Australian subsidiary of the UK's beleaguered HBOS, in a deal valuing the unit ... more

Thai police fire tear gas at protesters

published about 10 hours ago
Police in Thailand have fired tear gas at protesters as about 3,000 demonstrators gathered outside parliament vowing to prevent the opening session of parliament, due ... more
» FT.com - World   

Australia slashes interest rate by 1%

published about 11 hours ago
Australia's central bank stunned investors with its biggest interest rate cut in 16 years on Tuesday, a dramatic attempt to insulate banks, households and firms ... more

Mexico's Slim proposes works commission

published Tue, Sep 30 2008 20:31 GMT
Carlos Slim, the Mexican billionaire, called for the creation of a "national infrastructure commission" to overcome what he described as significant "deficiencies" in the government's ... more

Mexico's Slim proposes works commission

published Tue, Sep 30 2008 20:31 GMT
Carlos Slim, the Mexican billionaire, called for the creation of a 'national infrastructure commission' to overcome what he described as significant 'deficiencies' in the government's ... more

Argentina faces court battle over airline

published Tue, Sep 30 2008 12:57 GMT
Argentina's government could face a bitter legal battle over the renationalisation of Aerolineas Argentinas, the flag carrier

AMD finds 'fabless' alternative

published about 1 hour ago
The chip company is not going fabless in the classic sense of the word: a design house without any manufacturing facilities.

Has open source won--or has it lost?

published about 3 hours ago
Open source hasn't achieved all the objectives of its most ardent followers, but it has dramatically changed how software is developed and people collaborate.

Has open source won--or has it lost?

published about 3 hours ago
Open source hasn't achieved all the objectives of its most ardent followers but it has dramatically changed how software is developed and people collaborate.

Fed To Buy Commerical Paper

published about 1 hour ago
The central bank is setting up a special lending facility to help thaw credit markets.

Daimler Stalls Production

published about 2 hours ago
The German carmaker decides to scale back production to keep up with soaring costs and dropping profits.

RBS plunges on funding fears

published about 2 hours ago
Shares in Royal Bank of Scotland plunged on talk that it had approached the UK government about a capital injection, but defensive stocks helped the ... more

Secure savings scheme cuts rates

published about 5 hours ago
Government-backed National Savings and Investments cuts interest rates on some deals as savers seek security.

Iceland rescues Landsbanki

published about 7 hours ago
Iceland's government takes control of the country's second largest bank, Landsbanki, which owns Icesave in the UK.

Warning sign

published about 17 hours ago
A financial adviser aged 96 recalls the Wall Street Crash