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Markets Bob Up, Down on Slow News Day: Daily Markets Wrap

The Wall Street sign is seen in front of the New York Stock Exchange
Markets bobbed up and down Wednesday on conflicting data as to what the U.S. economic picture will look like in the near term. Investors spent the day dealing with conflicting sentiments: a less-than-enthusiastic housing report on the one hand, a view that the U.S. economy is generally getting better on the other.
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Wall Street opens flat, Oracle gains

Stocks opened little changed on Wednesday as investors awaited data on the housing market a day after the S&P 500 snapped a three-day winning streak.
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Deaths From Smoking Triple Over Decade

Tobacco-related deaths have nearly tripled in the past decade and big tobacco firms are undermining public efforts that could save millions, a report led by the health campaign group the World Lung Foundation (WLF) said on Wednesday.
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Sony Xperia neo L ICS vs HTC Eternity Windows 7.5: The Battle Begins in China

Mobile phone users in China have got in their basket of offerings two much-awaited smartphones. Japanese phone manufacturer Sony has just announced the upcoming availability of its first Android 4.0 Ice Cream Sandwich smartphone, Sony Xperia neo L MT25i. And Taiwanese mobile phone maker HTC Corporation has made available its HTC Eternity from today, the first Windows Phone device to officially reach the country.

Royal Dutch Shell, CNPC Ink First Chinese Shale Gas Production-Sharing Deal

Royal Dutch Shell Plc (NYSE:RDS) signed Wednesday the first-ever production sharing contract with China's state-owned China National Petroleum Corp., or CNPC, as the world's second largest economy seeks to develop its untapped reserves, similar to those that gave rise to the U.S. natural gas boom, with the help of foreign technology.
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Developing Nations To Name 2 Candidates To Head World Bank

Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday.
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QVC Starts Joint Venture In China

The world's largest television and online retailer QVC Inc. is starting a joint venture with China's national radio broadcaster to enter the world's most populous growing consumer and media market.
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Stock futures signal higher open; Oracle eyed

Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures up 0.2 percent and Nasdaq 100 futures also up 0.2 percent at 5 a.m. E.D.T. (0900 GMT)
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Will Bull Market for Gold Continue?

Gold is expected to reach a new record high of $2,200 per ounce as fears of Economic and Monetary Union of the European Union break-up surge again and with U.S. monetary policy anticipated to remain supportive, according to Capital Economics.
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Angry Birds in U.S. retail, UK parks push

Angry Birds maker Rovio is teaming up with a major U.S. retail chain to sell its merchandise, and plans to open themed activity parks in Britain, as it continues to expand beyond mobile games to establish a Disney-style brand, it said on Tuesday.

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