McDonald's Corp said sales at established U.S. restaurants fell 0.1 percent in October, as expected, but its stock ticked up 1.5 percent after sales from the rest of the world buoyed overall results.
Rich countries and developing nations fought over climate change on Saturday, failing to make progress on financing ahead of a major environmental summit in Copenhagen next month.
U.S. stocks jumped on Monday, extending gains from the previous week, on renewed risk-taking sentiment after the Group of 20 pledged to keep economic stimulus in place until a recovery was assured.
Chancellor Angela Merkel hailed the courage of East Germans who helped topple the Berlin Wall as leaders converged on the German capital to celebrate the 20th anniversary of an event which marked the end of the Cold War.
Wall Street was set to open higher on Monday on renewed risk-taking sentiment after the Group of 20 pledged to maintain economic stimulus in place until a recovery was reassured.
Kraft Foods turned hostile in its bid for Cadbury on Monday, making a formal but unchanged takeover offer which now triggers a bid battle for the British confectioner which could last up to three months.
Cadbury's shares edged up by early afternoon on Monday as the clock ticked toward a 1700 GMT deadline for Kraft Foods to either make a formal takeover bid for the British confectionery group or walk away.
U.S. stock index futures pointed to a 1 percent gain at the open on Monday as investors took comfort from a pledge by the Group of 20 to keep economic stimulus in place until a recovery was reassured.
U.S. stock index futures rose on Monday as investors took comfort from a pledge by the Group of 20 to keep economic stimulus in place until a recovery was reassured.
Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 0.8 percent at 5:10 a.m. EST.
Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 0.8 percent at 5:10 a.m. EST.
Afghan President Hamid Karzai said in an interview airing Monday he is taking steps to root out corruption in his government, but he also said foreign money was making the problem worse.
Kraft Foods Inc is expected to formalize on Monday a hostile takeover bid for Britain's Cadbury Plc valued at roughly 10.2 billion pounds ($16.7 billion), sources familiar with the situation said on Sunday.
Kraft Foods Inc is expected to formalize on Monday a hostile takeover bid for Britain's Cadbury Plc valued at roughly 10.2 billion pounds ($16.7 billion), sources familiar with the situation said on Sunday.
The U.S. dollar may come under renewed pressure from emerging market currencies and the euro after a meeting of the world's top finance officials failed to take concrete action on rebalancing global money flows
The International Monetary Fund is exploring the idea of making banks pay insurance fees to fund any future rescues in the sector, IMF managing director Dominique Strauss-Kahn said on Sunday.
The Australian Dollar opens higher on Monday at US92 cents after the Reserve Bank of Australia (RBA) upgraded economic growth forecasts on Friday and U.S. unemployment came in worse than expected. The Aussie traded in a one cent band over the previous session (0.9090 - 0.9197) and was underpinned after the RBA said in its quarterly statement on monetary policy that GDP is set to expand by 1.75 per cent by the end of 2009 and to 3.25 per cent by the end of 2010. Markets viewed this as a sign that...
Authorities in Britain and Australia have requested information from UBS after the Swiss bank agreed in August to disclose some 4,450 client names to settle a U.S. tax case, the bank confirmed on Sunday.
Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank behavior.
Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank behavior.
Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank behavior.
An unseasonal gust of wind greets Alicia Keys as she steps out of a doorway behind a Beverly Hills hotel on a late October afternoon. Decked out in a black leather vest and black leggings brightly accented by turquoise suede knee-high boo a hint of matching eyeliner, the Grammy Award-winning singer is surprised by the chilly blast before she ducks into a waiting black sport utility vehicle. Commen...
