New York: Wall Street rallied Monday helping to erase all losses after the Standard & Poor's downgrading of the US rating, as investors were hunting bargains following a roller-coaster week, Xinhua reported. As the downgrade aftermath fades away, the investors are now paying more attention to the economic situation. With [...]

• Asian markets plunge on back of euro fears and US losses
• World stock markets tumble sharply again, with the FTSE falling 191 points
• Dow Jones Industrial Average falls by 512 points in biggest one-day fall since late 2008
• Oil and gold both decline, as investors race for US Treasuries
• Read a summary of today’s events

New York: With all three indexes rallying for the fifth straight day, Wall Street Friday finished its best week in nearly two years, Xinhua reported. The Dow Jones industrial average ended at 12,582.77, gaining 5.3 percent for the past week and wiping out all of June’s losses. The broader Standard [...]

Toronto: After its 21 percent plunge Friday, BlackBerry maker Research In Motion (RIM) continued to bleed Monday, with its stock further diving almost seven percent. At $25.41 now, RIM stock is at its lowest since 2006. Even as its fortunes plunged on the market, the top Canadian company suffered another [...]

Toronto: In the biggest one-day fall in its fortunes Friday, the BlackBerry company Research In Motion (RIM) plunged about 21 percent – or more than $7 per share – after Thursday’s poor quarterly results. The stock of the iconic wireless giant closed at $27.24 – the lowest in five years [...]

Toronto: The stock of BlackBerry maker Research In Motion (RIM) closed at a new low of $ 41.72 on the Toronto Stock Exchange Monday after the wireless giant recalled about 1,000 PlayBook tablets because of a faulty operating system. The last time RIM stock traded at these levels was in [...]