The trade deficit widened slightly more than expected in December, and the bilateral trade deficit with China last year soared to a record high $295.5 billion.
Boeing has frozen the price on its bid for a multi-billion-dollar Brazilian air force jet contract, sources close to the deal told Reuters, as the global race to sell military hardware to emerging economic powers becomes more competitive.
Magaupload, one of the world's leading file-sharing and online storage sites, has been shut down for about three week now. Does it mean the file-sharing activity has disappeared or at least decreased?
The European Union has asked India to use its leverage to bring Iran to the negotiating table over its nuclear program, European Council President Herman Van Rompuy said on Friday, as Asia's third-largest economy prepares to increase trade with Tehran.
NYSE Euronext signaled it would shift focus to faster-growing areas like supplying computer systems and information from trading, as the U.S. exchange looks to an independent future following the collapse of a takeover by Deutsche Boerse.
Futures on major U.S. indices point to a lower opening Friday after eurozone finance ministers asked Athens for more cuts to release the second bailout package.
China's imports in January fell the most since the depths of the global financial crisis, raising concerns that demand may be weaker than previously thought even allowing for Lunar New Year factory shutdowns.
NYSE Euronext posted quarterly operating profit at the top end of expectations with a 13 percent rise helped by strong information and technology services, an area the U.S. group is now looking to as a growth driver.
Gold prices fell back Friday, just hours after an apparent deal between debt-choked Greece and potential Eurozone lenders reinvigorated hopes the nation would not be forced to default on its loans.
Tanks amassed outside opposition neighborhoods in Homs on Friday as Alawite-led forces bombarded the Syrian city for the fifth day and residents expected a major push to subdue the centre of revolt against President Bashar al-Assad's rule.
Oil fell from the highest level in three weeks ending a whole week of upward trend even as fears over a worsening eurozone debt crisis and its potentially disastrous impact on global commodity demand were contradicted by signs and figures of a quicker recovery from the U.S.
Chinese e-commerce group Alibaba plans to take private its Hong Kong-listed unit, two sources familiar with the matter said, as part of a complex deal that would strengthen founder Jack Ma's control and give key stakeholder Yahoo cash and a direct stake in one of Alibaba's operating businesses.
British bank Barclays warned it may miss its medium-term profitability target after it ended 2011 with its worst quarter for three years as the euro zone debt crisis hit bond trading, dragging its annual profit down on the year before.
Trying to track China's economic course during the Lunar New Year can leave analysts howling at the moon. January auto sales tumbled, yet oil imports were the third highest on record. A measure of factory activity picked up, but trade data was weak.
Two cases of a rare, fatal brain disorder called Creutzfeldt-Jakob Disease (CJD) has been reported by officials in Marin, California on Thursday.
Wynn Resorts Ltd, the $15 billion gaming empire of Las Vegas tycoon Steve Wynn, may be forced to give its biggest shareholder access to its financial papers, a U.S. judge has ruled, the latest turn in a case that has transfixed the casino world with implications for the company's control.
British-Australian actress Naomi Watts will play the lead role in a movie which will focus on the last two years of Princess Diana, producers announced Thursday.
California Attorney General Kamala Harris, a veteran prosecutor with acute political instincts and a reputation for thick skin, gambled big in the settlement negotiations with banks over illegal foreclosures.
Yujraj Sigh has posted on his twitter page a bald photo of himself. This proves the player's will to get back his life 'and of course everyday I look forward to come back and wear my india jersey my india cap and represent my country again jai hind' as he tweeted earlier.
Crystal Morello's family pleaded for months with their lender for a cheaper mortgage on their family home in Belleville, Michigan. But time ran out last summer, and they left before they were evicted.
The Nuclear Regulatory Commission has approved a new nuclear power project in the country for the first time since 1978, clearing the way for Atlanta-based Southern Co. to build two reactors at its Plant Vogtle site near Augusta.
The euro and Asian shares pulled back Friday as investors remained concerned about prospects of restructuring Greece's debt and global lenders demanded more steps even after it struck a long-awaited deal on fiscal reforms.