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Champagne feels the pinch

Champagne is losing its fizz in Britain, with the recession dampening demand for a drink associated...
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Mike Myers crowned king of flops

Love Guru actor Mike Myers dominates the Golden Raspberries - the spoof award ceremony for the...
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A new 'Start' for Windows phones

Microsoft grabs attention on the first day of the Mobile World Congress in Barcelona with a...
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Toyota's record $5 bln loss

World No.1 Toyota hiked a record loss forecast Friday to near $5 billion, struggling to cut...
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Japan's brave face

Japan's $13-billion cosmetics industry is feeling the pinch of the global economic slowdown,...
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Chrysler Leads US Sales Slump, Jan.down 55 Pct.

Auto sales in the United States fell by significant amounts in January. (Feb .3)
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Business Update: GM sales slide

There appears to be no end in sight for troubled U.S. automakers as General Motors announced a 51...
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Business Update: UPS jobs stay

United Parcel Service, the No. 2 package delivery service behind FedEx, did not announce massive...
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Italy's glass art under threat

Glass makers on the Italian island of Murano, prized through the centuries for their unique...
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Business Update: Barbie's blues

Profits were sharply lower at toy company Mattel, maker of Barbie dolls, as recession-battered...
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