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Global stocks on edge after Chinese rate rise

Chinese shares slid and European stocks followed suit on Monday as the impact of China's Christmas Day interest rate rise sunk in to thin markets.

Stock index futures signal profit taking

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.45 percent, Dow Jones futures down 0.44 percent and Nasdaq 100 futures down 0.16 percent at 0850 GMT (3:50 a.m. ET).

AirAsia chief denies planning Virgin Atlantic bid: report

The chief executive of Malaysia's AirAsia has denied considering a possible takeover bid for airline Virgin Atlantic , a Malaysian newspaper reported on Monday.

Wikileaks' Assange to publish autobiography

Even as world leaders are still trying to cope with the recent flood of global political secrets leaked by the whistle-blower site Wikileaks, its founder Julian Assange is all set to write his autobiography promising more in the offing. Speaking to the Sunday Times, the 39-year-old Australian announced that he had signed deals worth $1.5 million for publishing his memoirs.

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Snow plays the Grinch again this Christmas in Europe, UK

Snow creates havoc in air travel again this year in Europe, as many flights were halted or canceled due to heavy snowfall in the U.K. and several other parts of Europe.

Academic salaries growing fastest in South Africa: Commonwealth Survey

Academic salaries in South Africa have grown by 51% - the highest among seven Commonwealth countries surveyed - since 2006-07.

No sign of OPEC concern with oil heading for $100

Core OPEC ministers said on Friday they saw no need to supply the world with more crude as oil prices traded near a two-year high and some consumers said they fear a rally above $100 per barrel would spur inflation.

Global stocks and oil rise in festive cheer

World stocks held near the previous day's two-year high on Friday while oil hit fresh two-year peaks after strong U.S. data this week encouraged investors to maintain their risk positions into 2011.

Oil near 2-year high on cold, risk appetite

Oil hovered around its highest levels in more than two years on Friday, supported by cold weather across the globe, appetite for risk assets and signals from OPEC it would not arrest the rally.

Smith Electric Vehicles to buy it UK partner for $15 mln

Smith Electric Vehicles to buyout UK partner for $15 mln

Smith Electric Vehicles U.S. (SEV) and the Tanfield Group announced today that the American maker of all-electric trucks will purchase its United Kingdom-based parent company, Smith Electric Vehicles U.K. for $15 million in January.

Google Logo Doodle Is Live With Christmas Spirit

Google Inc. has started its 2010 Christmas with new holiday doodle, which has 17 interactive images of holiday destinations and cuisines from around the world.

Oil near to 2-yr high on cold, risk appetite

Oil hovered around its highest levels in more than two years on Friday, supported by cold weather across the globe, appetite for risk assets and no signals from OPEC it was prepared to arrest the rally.

Oil near to 2-year high on cold, risk appetite

Oil climbs to 2-year high on frigid weather, rising

Oil rallied to its highest price in more than two years on Friday, supported by unusually frigid weather that has fueled demand, depleted supplies and stoked inflationary worries from South Korea to India.

Sony Debuts iTunes Competitor

Sony announced its monthly subscription based streaming music service, Music Unlimited powered by Qriocity, has made its official debut in the United Kingdom.

Analysis: Copper market braces for more substitution

Copper's climb to all-time records will spur substitution in some applications, but the metal's unrivalled conductivity and a dearth of alternative technologies will ultimately limit this trend.

Thousands of UK public sectors workers to lose jobs

The UK's GMB union has said thousands of public sector workers in the country are getting at risk warning letters, dampening the upcoming holidays, the BBC has reported.

Euro zone economic sentiment jumped to a 38-month high in December pointing to healthy growth in the last quarter of 2010, but also to a growing divergence between core and peripheral euro zone countries.

2011 will be another tough year for eurozone

Growth in the eurozone will be weaker than in the US and the UK in 2011 and the euro will fall further, despite positive near-term forecasts for the region and improving global economic prospects, analysts have said.

Five million Britons to shop online on Xmas Day

Almost 5 million Britons are expected to go online on Christmas Day and spend over 150 million pounds ($232 million) as they look to grab bargains and beat a rise in January in VAT sales tax, a retail group said on Thursday.

Starbucks says grocery coffee share down since 2004

Starbucks Corp unveiled new details about its unraveling relationship with Kraft Foods Inc on Wednesday, ahead of a court conference on Kraft's request to force Starbucks to stop plans to take over distribution of its packaged coffee.

France wants closer euro zone economic policy: report

France wants all 16 euro zone governments and any other interested European Union members to coordinate their economic policy more closely in the future, Economy Minister Christine Lagarde told a German newspaper.

Sony launches online streaming-music service

In what appears to be Sony's success in its efforts to link its hardware with online content-delivery services, the Japanese electronics behemoth said on Wednesday it has launched an online streaming-music service, the Wall Street journal reported.

Apple drops WikiLeaks app, Google keeps it

Apple Inc has joined a growing number of U.S. companies that have severed ties with WikiLeaks, removing an application from its online store that gave users access to the controversial website's content.

Gold Bullion Flows to China Jump as New Year 2011 Draws Near

A senior bullion logistics executive in Switzerland yesterday told BullionVault that shipments of Gold Bullion to China are running much higher – and have begun much earlier – to meet consumer demand for the Chinese New Year, which will start on 3rd Feb. 2011.