The company demonstrated the technologies, along with another one designed to block malware from getting into corporate networks, to reporters and briefed them on its research and development strategy at an event it dubbed ‘Innovation Showcase’ in California on Wednesday. Virtualisation technology that essentially creates different machines on the...

Under normal circumstances, the election of Barack Obama would have meant a lot for your wallet. As a candidate, Obama promised to shift the burden of taxes toward the affluent, get health coverage to the uninsured and slap tougher regulations on financial products. But these aren’t normal circumstances. Major...

For the British, skiing in the Alps has suddenly become unaffordable and those summer vacations on the Costa Brava are under grave threat. The pound, formerly one of the world’s most expensive currencies, is only worth a bit more than the euro. Brits, however, are still insistent in their...

Euro zone economic sentiment hit an all-time low in December and German exports posted a record drop, pointing to a fast-deepening recession and piling pressure on the European Central Bank to keep cutting interest rates. The European Commission said economic sentiment in the 15 countries using the euro fell...

First Merkel said Germany didn’t need a new economic stimulus package. Then she said there would be no tax cuts. But on Friday, her party presented its proposal for a 50 billion euro plan, complete with lower taxes. And it comes not a moment too soon. Germany’s first economic...