Oil prices rise to near $77 per barrel

Oil prices rose to near $77 a barrel Wednesday in Asia after a report showed U.S. crude supplies dropped last week, suggesting demand may be improving. Benchmark crude for November delivery was up 41 cents to $76.59 a barrel at midday…

Asian stocks rise

Asian stock markets  climbed Wednesday, supported by growing speculation that the Federal Reserve is likely to introduce more stimulus measures to support the U.S. economy, a key market for Asian exporters. Japan's benchmark Nikkei 225…

Apple sues Nokia in Britain

Apple has sued Nokia in Britain, extending the two technology giants' legal battle over patents beyond U.S. borders. "We are investigating the claims, which appear to be based on nine implementation patents already in suit between the two…

HSBC to stay in London after shake-up

Top executives at HSBC Holdings Plc said there are no plans to move the bank's headquarters from London, as they gathered for their regular board meeting here on Wednesday amid a surprise shake-up in the corporate suite of Europe's…

Terrorist plot uncovered in London

Intelligence officials have intercepted a credible terror plot against Britain and France, raising security fears at the Eiffel Tower on Tuesday, but failing to raise the overall threat level in either country. The Eiffel Tower was briefly…