The London Stock Exchange was opening today, hoping to make up ground after the FTSE 100 Index fell to a six-year low.

SHARE prices in London hit six-year lows yesterday, while shares in Paris and Amsterdam fell to five-year lows, as more than 1 billion was wiped off the value of shares on the Irish Stock Exchange.

AOL Time Warner, the world's largest media company, has reported a net loss of $54.24 bn (€60.7bn) for its first quarter.

Cisco's fourth quarter profits may undershoot Wall Street forecasts as demand for computer networking equipment continues to wane.

A last-minute buying binge brought on by cheap prices has rescued US stocks from a steep decline on Wall Street.