Shares in photography company Eastman Kodak tumbled to a new all-time low today following a report that the ailing company is getting ready to seek bankruptcy court protection.

The global financial chaos cast its shadow over a gloomy opening of the World Economic Forum today.

Presidential candidate Barack Obama today turned to some of the most respected names in the business world for fresh ideas to end the US financial upheaval and win the confidence of voters.

THE euro rose against the dollar yesterday as European Central Bank council member Nout Wellink said its advance is “not excessive” and the ECB shouldn’t cut interest rates to stem the appreciation.