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Diageo cuts profit target as economy slows

published about 2 hours ago
The group, which makes Johnnie Walker whisky, Smirnoff vodka and Guinness beer, said weakening economies in Europe prompted it to cut its target for operating ... more

Pakistan acts to halt market's plunge

published about 2 hours ago
Curbs to prevent shares from falling below closing prices on Wednesday will remain in effect for seven to 10 days.

The world's most powerful women

published about 2 hours ago
These women constitute a far-flung list that comprises 54 businesswomen and 23 politicians, with the rest being media execs and personalities and nonprofit leaders. In ... more

Lehman Brothers plans to lay off 1,500

published about 2 hours ago
The ailing Wall Street bank plans to lay off as many as 1,500 employees, or nearly 6 percent of its work force, before it announces ... more

EU court rules for extradition of British hacker to U.S.

published about 2 hours ago
The European Court of Human Rights has cleared the way for the extradition of a British man who allegedly hacked into secret U.S. military computers, ... more

U.S. and Pakistan meet secretly to discuss border violence

published about 3 hours ago
The extreme secrecy surrounding talks between the most senior U.S. and Pakistani commanders underscores how gravely the two nations regard the militant threat.
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