The economic downturn has meant cutbacks in many areas, but technology vendors still continued to invest, producing new, innovative products for the financial services industry, said a technology executive.

The European Union's highest court on Tuesday barred the insurance industry from charging different rates for men and women, saying the widespread practices amounts to sex discrimination against millions.

The European Union's highest court on Tuesday barred the insurance industry from charging different rates for men and women, saying the widespread practices amounts to sex discrimination against millions.

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