U.S. President George Bush is urging nations of the world to be patient with a global economic recovery and to maintain policies that keep the global financial markets open.

Markets around the world are plummeting on continuing fears about a global recession and forced delevering of the financial system. We wake to find the S&P futures lock limit down.

Global financial markets are soaring Friday on news the U.S. government is formulating a plan to rescue banks from the bad debts at the center of the U.S. financial crisis.

A Western oil executive flees Russia as his company faces multiple investigations and official harassment. Prime Minister Vladimir Putin issues a thinly veiled threat against the CEO of a major coal and steel company.

IBM (NYSE: IBM) today announced that it is the recipient of the 2007 Frost & Sullivan Award for Market Leadership in the vulnerability assessment software market. IBM received this honor for its continued dominance of the global vulnerability assessment market, most notably with its flagship Proventia Network Enterprise Scanner product.

The head of the International Monetary Fund Dominique Strauss-Khan says the global markets crisis poses an increasingly serious risk to economic growth.

It was a substantially less volatile night on the United States equity markets, and a mostly positive one.

Finance Minister of India P Chidambaram has said that a weakness in Indian stock market was a reflection of global developments, and the domestic economy continues to be strong.

Asian and Pacific markets traded higher with a confidence after the announcement of the government of United States that plans to limit subprime related losses.

OMX, the leading expert in the exchange industry, and the Government of Armenia have signed a Share Purchase Agreement regarding the acquisition of the Armenian Stock Exchange and the Central Depository of Armenia.

Tracking firm global trend, the Bombay Stock Exchange benchmark Sensex opened 247 points higher in early trade on emergence of buying by funds in heavy-weight stocks.

Cisco® and Satyam Computer Services Limited (Satyam) today announced that they are collaborating to explore a new venture that will optimize, deploy and manage solutions for handling medical distress situations and health management solutions for global markets.