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Bernanke takes blame for muddling message on Lehman

WASHINGTON (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke said he was partly to blame for leaving the wrong impression that the central bank could have saved Lehman Brothers from failure in 2008.

Issues in Depth

Fruit is displayed in the window of a cafe, in London July 14, 2009. REUTERS/Luke MacGregor

Food inflation fears soar in UK

Economists warn food inflation could reach double digits by year end in the UK -- an unavoidable shock to shoppers in the face of rising commodity prices and export bans.  Video 

A dealer reacts while trading at a stock brokerage firm in Kolkata May 7, 2010.   Credit: Reuters/Parth Sanyal

BRICs - victims of success?

Shares of companies from the world's biggest developing economies are increasingly featuring in global fund portfolios. Is this why BRIC markets are underperforming?  Full Article 

People compare the performance of Apple's iPad (L) and Samsung's Galaxy Tab tablet devices at the Internationale Funkausstellung (IFA) consumer electronics fair at "Messe Berlin" exhibition centre in Berlin, September 2, 2010.  REUTERS/Thomas Peter

Galaxy Tab set to take on iPad

Samsung is joining the hunt to take on Apple's iPad with the Galaxy Tab, a tablet device with a 7-inch screen and powered by Google's Android software.  Full Article 

Female officers and soldiers of the People's Liberation Army march in a military parade to mark the 60th anniversary of the founding of the People's Republic of China, in Beijing October 1, 2009. REUTERS/David Gray

Japan makes nice with China

The interdependence between Japan and China raises the risks for the world's No. 2 and 3 economies if relations sour but it also boosts incentives to keep ties on track.  Full Article 

Actress Natalie Portman poses for photographers during a photocall for her movie "Black Swan" at the 67th Venice Film Festival September 1, 2010. REUTERS/Tony Gentile

Portman's dark turn opens fest

Natalie Portman stars as a perfection-seeking ballerina who loses her grip on reality in the dark psychological thriller "Black Swan" that opened the Venice film festival.  Full Article | Video 

Commuters are silhouetted as they walk along a platform at Berlin's Hauptbahof railway station March 10, 2008 REUTERS/Fabrizio Bensch

Travellers get cutting edge

A shift in consumer booking habits means online agencies and travel suppliers are beefing up their mobile offerings in the hope of courting a new breed of jet setter.  Full Article 

Markets

 

4.63
5,371.04
+0.09%
-1.21
10,268.26
-0.01%
135.82
9,062.84
+1.52%

Most Actives

Currencies

1.5384
1.2002
1.2814

Other Indices

20,868.92
6,083.85
3,631.43
1,083.67
99.56
135.31