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 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.
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 The heads of Russia's Gazprom and Ukraine's state gas company Naftogaz held talks in the Russian capital overnight on ways to end their gas crisis the first time they met since Moscow cut gas to Kiev.
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(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.
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Nationwide Building Society promised to cut its standard variable mortgage rate by however much the Bank of England decides to reduce Bank rate today.
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Royal Bank of Scotland is in discussions about a sale of its 2bn stake in Bank of China as part of its move to strengthen the bank's balance sheet.
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Utility group Scottish ? Southern Energy has placed 42m shares with institutions at 11.40 apiece raising 479m to fund future growth plans.
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Asian stocks declined wiping out the benchmark index's 2009 gains as the deepening global recession reduced profits and drove down oil and metals prices.
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A Continental Airlines jetliner flew with one engine powered by a mix of oils from algae and jatropha plants Wednesday in what the plane's manufacturer called an "outstanding" test flight.
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Sir Stuart Rose tells James Hall why he remains optimistic despite M?S's poorest Christmas sales for a decade
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Shares in Lenovo, the Chinese personal computer maker, fell more than 20% after the company issued a profit warning and said it would suffer a "material loss" for the last quarter of 2008 amid slowing demand for computers
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