News Feeds

Using home wi-fi is more convenient than using the fixed line.

People relying on home wi-fi are getting significantly slower speeds than from their fixed broadband connection, research suggests.

The study ran one million tests over 14,000 wi-fi connections in the UK, US, Spain and Italy.

On...

SYDNEY (Reuters) – Private equity firm Blackstone Group LP has bought nearly 600 U.S. shopping malls from Australia's debt-laden Centro Properties for $9.4 billion in one of the biggest global property deals since the credit crisis.

Blackstone, making its first major entry into U.S. retail real estate, was expected to recapitalize the portfolio of...

WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke will likely remain skeptical about the strength of the economic recovery in testimony on Tuesday, despite recent data pointing to improvement, signaling the central bank is unlikely to cut short its $600 billion stimulus plan.

The U.S. Fed chief, who testifies on the Fed's twice-yearly...

NEW YORK (Reuters) – February sales numbers that top U.S. chains report later this week will be the first sign of shoppers' ability and willingness to pay more for clothing and household items now that gas prices are rising.

More than two dozen U.S. store chains, from high end department stores Nordstrom Inc and Saks Inc to discounters Target Corp...

The extended powers will cover what companies say in Tweets too

How companies talk about themselves on Twitter feeds or Facebook profiles is to be policed like adverts.

From 1 March, the Advertising Standards Authority (ASA) gets powers to police the claims companies make on websites...

WASHINGTON (Reuters) – U.S. consumer spending barely edged up in January as households took advantage of tax cuts to rebuild their savings, suggesting spending would offer only a modest lift to the recovery in the first quarter.

Other data Monday painted a bullish picture of the manufacturing sector, with a gauge of factory activity in the...