When IRobot unveiled its Roomba vacuum cleaner robot in 2002, people went crazy for the dinner plate on wheels that zoomed across carpets sucking up dust and dirt.
SINGAPORE Oil prices jumped almost 5 percent on Friday after comments by the energy minister of OPEC-member United Arab Emirates sparked hopes of a coordinated production cut, yet analysts said such a move remained unlikely and that oversupply ...
Already branded a "sadomonetarist" by Nobel laureate Paul Krugman, the 62-year-old governor of Sweden's central bank cut rates to a record low of minus 0.50 percent, ignoring criticism from analysts and reservations within his own board.
Investors are fleeing stocks and running to safe-havens like bonds and gold, driven by concerns about economic growth the effectiveness of central banks' policies.
... * FTSEurofirst 300 down 3.7 pct at close. * Societe Generale slumps 12.6 pct after results. * Swedish banks hit by rate cut, further in negative.