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Marc Chandler: In Defense of the US Dollar

After the financial crisis, US dollar-bashing has become en vogue. Marc Chandler, however, has emerged as a defender of the US dollar and “empire,” as he calls it.
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Euro, U.S. business gains, price pressure builds

Growth in the service sectors in the United States and Europe hit its highest in five years in February, suggesting economic growth is accelerating though inflationary pressures are building.
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DreamWorks options movie rights to WikiLeaks books

The DreamWorks studio has optioned movie rights to a pair of books about WikiLeaks founder Julian Assange and his controversial Website that is bent on revealing government secrets, company officials said on Thursday.
Gaddafi

Gaddafi bombs oil areas, faces crimes probe

Muammar Gaddafi struck at rebel control of a key Libyan coastal road for a second day on Thursday but received a warning he would be held to account at The Hague for suspected crimes by his security forces.
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Murdoch gets green light for BSkyB takeover

Rupert Murdoch's News Corp took a huge step toward securing its prized $14 billion buyout of satellite broadcaster BSkyB when Britain accepted its proposals to ease competition concerns.
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Stock index futures point to early gains

U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.7 percent, Dow Jones futures up 0.6 percent and Nasdaq 100 futures up 0.7 percent at 5.23 a.m. EST.
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UK Defense Ministry releases secret UFO files and videos

The Ministry of Defense United Kingdom has released thousands of files with details of UFO sightings and an alien abduction previously classified files documenting sightings of unidentified flying objects (UFOs) by the military and members of the public dating back to the 1950s.
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UK may clear News Corp bid for BSkyB soon: sources

Britain may approve News Corp's $12.5 billion buy-out of BSkyB this week, two sources familiar with the situation said on Wednesday, forcing Rupert Murdoch's group to spin off TV news channel Sky News.
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Northern Irish software firm creates 360 jobs

A Northern Ireland software company that supplies services to major financial institutions said on Wednesday it was creating 360 new jobs, a rare piece of good news in an economy squeezed by public services cuts. First Derivatives, based in the border city of Newry and currently employing 550 people, is to expand using 4.3 million
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Ghana passes oil bill, first payments due soon

Ghana will receive its first payment for oil flows later this month, the country's finance minister said on Wednesday after parliament passed a long-delayed oil revenue management bill in a unanimous vote.
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StanChart profit hits record as Asia booms

Profit at Standard Chartered <2888.HK> jumped 19 percent in 2010 and the Asia-focused bank said it was off to a record start this year as China, India and other Asian markets boomed.

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