LONDON (Reuters) - World stocks and metal prices fell on Thursday after bleak data and poor corporate earnings stoked gloom about the economic outlook, while sterling eased against the dollar before the Bank of England's interest rate decision.
(Reuters) - Citigroup Inc is leading other lenders in advanced talks with key U.S. senators on legislation that would allow judges to set new repayment terms for millions of mortgage holders who wind up in bankruptcy court, the Wall Street Journal said, citing people involved in the talks.
TAIPEI (Reuters) - HSBC , Europe's biggest bank, said on Thursday U.S. stocks were the best bets in 2009 due to the healthy profits some U.S. firms had made over the past two years, though a big sell-off was possible through March.
HONG KONG (Reuters) - Lenovo Group , the world's fourth-biggest PC maker, forecast a quarterly loss as China's slowing economy hit sales, and will axe 2,500 jobs as part of a restructuring, knocking its shares down by more than a fifth.