BBC.co.uk wrote:The global economy is expanding again and financial conditions have improved significantly, the International Monetary Fund (IMF) has said. But in its latest World Economic Outlook, the IMF said the "pace of recovery is expected to be slow". It added that the recovery is likely
A Southern California man accused of killing a pedestrian while driving and text messaging has been ordered to stand trial for gross vehicular manslaughter. Superior Court Commissioner James Odriozola denied a defense motion Monday to lessen the charge to a misdemeanor after determining there was
iPhone maker Apple Inc told U.S. regulators it has not approved Google Inc's Voice application, which could challenge the wireless industry's giants, because it interferes with the iPhone "user experience." Apple told the Federal Communication Commission (FCC) on Friday that the Google app appear
A stark warning about the finances of the games industry has been aired at the Edinburgh Interactive conference. The sector had suffered "significant disruption" to its business model, Edward Williams, from BMO Capital Markets told the industry gathering. "For Western publishers, profitability
These days, it seems that most Americans carry three things in their pockets or purses at all times: keys, a wallet and a phone. But, in the not-too-distant future, you may be able to leave the wallet and the keys behind. The mobile phone is staging a coup. Some analysts say that within fiv
Would-be buyers of General Motor's Opel business have until later on Monday to lodge plans for the firm's future. Canadian-Austrian car parts maker Magna International is favourite to buy Opel - which includes Vauxhall in the UK. Magna, backed by Russia's Sberbank, wants to use Opel to mak
Microsoft Corp's market share of the U.S. Internet search market increased modestly in June, the first month that it fielded its new Bing search engine, according to the latest data from research firm ComScore. Microsoft captured 8.4 percent of U.S. Internet searches in June, up from 8 percen
The US budget deficit has moved above $1 trillion (£616 billion, €716billion) for the first time - with three months of the financial year remaining, official data show. The government stepped up spending to counter the recession, and the bailout of financial institutions has taken a huge
A fresh wave of cyber attacks that slowed U.S. and South Korean websites this week hit more targets on Thursday, a Web security firm said, while the South's spy agency has said the hacking may be linked to North Korea. The impact of the attacks, aimed so far at dozens of sites including the White
Efforts by those trying to sell tickets they won to the Michael Jackson memorial service are being thwarted. Hours after lottery winners collected their passes, postings went up on Craigslist and eBay offering tickets to the highest bidder. Some were offered for as much as $25.000 (£15.311, â
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