Chinese industrial output in October grew at its weakest annual pace in a year and inflation fell sharply, raising expectations Beijing will do more to support economic growth by fine tuning policy.
Anheuser-Busch InBev, the world's largest brewer, increased profits by more than expected in the third quarter after charging more for the same amount of beer.
European shares looked set to follow Asian equities higher Wednesday and the euro steadied after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed with reforms that may keep Europe's debt crisis from spreading.
European shares looked set to follow Asian equities higher on Wednesday and the euro steadied after Italian Prime Minister Silvio Berlusconi said he would resign, raising hopes the debt-ridden country would proceed with reforms that may keep Europe's debt crisis from spreading.
The annual inflation rate in China fell to 5.5 percent in October as a result of the government measures to curb rapidly rising prices.
China's annual inflation rate fell sharply in October to 5.5 percent in a further pullback from July's three-year peak, giving Beijing more room to fine tune policy to help an economy feeling the chill of a global slowdown.
The head of the International Monetary Fund warned on Wednesday that Europe's debt crisis risked plunging the global economy into a lost decade and said it was up to rich nations to shoulder the burden of restoring growth and confidence.
China's annual inflation rate eased to 5.5 percent in October, a third straight month of decline from July's three-year peak and Premier Wen Jiabao said prices had fallen further since then.
A 41-year-old ex-Motorola software engineer accused of stealing trade secrets for her native country, China, is currently on trial and is looking at 15 years in prison if she is convicted of economic espionage.
Lady Gaga's outlandish outfits steal every show set she steps on and Sunday's MTV Europe Music Awards were no exception. Gaga transformed into paper, storming the stage on what appeared to be an artificial moon. The effect: paper moon
The 12 official posters for the 2012 London Olympics were revealed Nov. 4 and they don't look anything like what you'd expect!
Nairobi Securities Exchange has launched two stock indexes in conjunction with FTSE Group, and said on Tuesday it planned to start one for Treasury bonds next year.
South African stocks inched to their highest close in seven sessions on Tuesday, rising 0.5 percent as banks and retailers rose on hopes a budget vote in Italy could help move the euro zone closer to resolution of its debt crisis.
As the United Nations International Atomic Energy Agency prepares to unveil its report on Iran's nuclear program, Iranian President Mahmoud Ahmadinejad said Tuesday that the Islamic republican did not need a nuclear mob to confront the United States.
PepsiCo Inc's
management and its board will extend their ongoing review of business plans for 2012 and beyond, the food and beverage maker said on Tuesday.Kate and Pippa Middleton may be one of the worlds most sought after sisters, but it looks like people may hesitate before purchasing their latest replica dolls as their clunky, chunky nature strip them from their royal grace.
McDonald's Corp reported a bigger-than-expected rise in worldwide October sales at established restaurants as it continues to outperform competitors in an uncertain global economy.
Theoretically speaking, a sensible Ukraine land reform could set off an agricultural boom in a country commonly known as the “breadbasket of Europe.”
German carmakers BMW and Volkswagen reported robust vehicle sales growth in October.
Owing to the soaring demand of Apple's recently launched fifth-generation iPhone - the iPhone 4S, an inventory survey reveals that most Apple stores in the U.S. and abroad have run out of stock on a daily basis.
The 24/7 nature of Occupy Wall Street and its offshoots distinguish this protest movement from others that relied more on rallies.
Ai Weiwei, a Chinese artist who was detained in April this year for alleged tax evasion, is in a dilemma - if he should pay the tax amount or fight the charge against him and face detention again.
