Gold prices rose in Europe on Wednesday, as a retreat in the dollar, rising oil prices and caution ahead of a sale of Portuguese bonds later in the day all boosted interest in the precious metal.
U.S. stock indexes were set to rise at the open on Wednesday after a healthy bond sale in Portugal and signs of strength in the U.S. banking sector.
Airbus
basked in the world's biggest commercial plane order on Wednesday, with shares in parent EADS lifted by news of its $15.6 billion 180 aircraft deal with Indian airline IndiGo.As the New York City faces season's third winter storm in less than three weeks, here are some key facts on weather conditions, flight delays, cancellations and more.
U.S. import prices jumped in December as energy costs surged, a sign that while inflation may be tame domestically there are plenty of price pressures coming from overseas.
A week-long referendum in Sudan that will determine if the country divides has seen a high voter turnout, even as reported clashes are said to have killed dozens of people along the country's north-south border in a region not participating in the referendum, U.S. officials said on Tuesday.
The extra fiscal stimulus in the form of tax cuts approved in December could produce a 4 percent growth rate for the U.S. economy in the first half of 2011, but there are lingering risks that could lead to a cold shower in 2012, according to the American Enterprise Institute (AEI).
Goldman Sachs Group Inc likely has the most to lose among global investment banks from a new regulation that limits proprietary trading, analysts at J.P. Morgan Securities said, and downgraded the stock to neutral.
U.S. stock index futures rose sharply on Wednesday after a healthy bond sale in Portugal and signs of strength in the U.S. banking sector.
The most interesting addition to Samsung Vibrant 4G smartphone from its previous version is that, it will be the first T-Mobile 4G smarphone that offers 21+ Mbps 4G speed in their network. Currently, only myTouch4G and T-Mobile G2 offers 14.4 Mbps 4G speeds.
U.S. stock index futures rose sharply on Wednesday, tracking global stocks, after a healthy bond sale in Portugal eased worries about Lisbon's ability to finance itself.
Another Chinese interest rate increase in the first quarter is likely, a central bank adviser said on Wednesday, but a vice governor cautioned against raising rates too steeply for fear of luring in hot money.
For the testing year ending June 30, 2010, European schools received more than 85,000 GMAT scores, marking an increase of almost 90 percent from 2006 numbers
State-owned Bank of China Ltd has offered yuan trading to its U.S. customers, a sign that Beijing this year may increasingly promote the use of the Chinese currency in major financial centers.
Hong Kong beat rivals Singapore and Australia to be rated the world’s freest economy for a straight seventeenth consecutive year, according to a ranking by US-based Heritage Foundation.
State-owned Bank of China Ltd has offered yuan trading to U.S. customers, a sign that Beijing this year may increasingly promote the use of the Chinese currency in major financial centers.
In the NYSE on Tuesday, the top after-market gainers are: Zale Corp, Noble Corp, Parker Drilling, H. B. Fuller and Liz Claiborne. The top after-market losers are: Arch Coal, Alumina, Cablevision Systems, Excel Maritime and Kite Realty Group.
Hong Kong was rated the world's freest economy for a 17th straight year in a ranking by the U.S.-based Heritage Foundation, above rivals Singapore and Australia for the title.
China would welcome assurances its financial assets in the United States are safe, a senior diplomat said on Wednesday, ahead of President Hu Jintao's visit next week, but played down rifts between the two powers.
China shares broad common interests and goals with the U.S. on Korean peninsula issues, a senior Chinese diplomat said on Wednesday, ahead of Chinese President Hu Jintao's visit to the United States.
Export-driven software services companies are set to report robust growth in quarterly earnings and a firm outlook, driven by an expected increase in clients' technology budgets.
Metropolitan Museum's Costume Institute received a $10 million donation from philanthropists, Lizzie and Jonathan Tisch, said in a statement on Tuesday.
