Not so 'evil': Finance study makes case for hedging

The overuse of financial contracts known as derivatives – which were designed to help companies hedge against risk – was widely blamed for triggering the economic crisis of 2008. None other than Warren Buffet has attacked ...

Paris Air Show spotlights fuel cost fears

(AP) -- Airlines will be seeking a cleaner, cheaper way to fly and planemakers will be angling for billions in new contracts Monday at the Paris Air Show, which stars a solar plane, biofuel jet engines and the Boeing-Airbus ...

Rethinking investment risk

Financial innovation is supposed to reduce risk—in theory, at least. Yes, new financial instruments based on the housing market helped cause the financial crisis of 2008. But in the abstract, those same instruments have ...

Milan lags behind in fashion's Internet revolution

With social network sites and smartphone apps making rapid inroads into the fashion world, observers say Italy risks falling behind even as its luxury brands feel the pain from the economic crisis.

Soft PC sales send Microsoft profit down 29 pct

(AP) -- Microsoft Corp. said Thursday its profit in the last quarter plunged 29 percent because of weak computer sales, ending a fiscal year in which the software maker's revenue fell for the first time since the company ...

The world's next economic hot spot?

(PhysOrg.com) -- A bailout by neighboring emirate Abu Dhabi has apparently stabilized Dubai’s financial crisis. But the longer-term economic impact—on Dubai and other nations—could grow more serious.

Haiti 'still in crisis' 10 years after earthquake

When a 7.0 earthquake reduced Haiti to rubble, sparking one of the biggest international aid efforts in history, some experts predicted it would take the country a decade to get back to its feet.

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