EU approves Comcast buy of NBC Universal
U.S. cable provider Comcast won EU regulatory clearance on Wednesday for a landmark deal to buy a controlling stake in General Electric's NBC Universal.
Global stocks at three-week peak as Intel fuels risk rally
World stocks hit a three-week high on Wednesday while government bonds fell broadly after Intel's forecast-beating quarterly results raised expectations of strong corporate earnings in the second quarter.
China to build first waste-gas-to-fuel plant soon
China's largest steel and iron conglomerate, Baosteel is planning to build a commercial plant near one of its factories to convert waste gas to ethanol. The plant, which will be built by New Zealand-based clean technology company LanzaTech, has an initial capacity to produce200 million litres of ethanol per year from the plant's waste gas.
Gold prices mixed after overnight gains
Gold remained highly volatile in Asian trade Wednesday as prices mixed from overnight gains. Spot gold was seen trading at $ 1211.68 an ounce at 11.30 a.m Singapore time while U.S. gold futures for August delivery was at $ 1212.02 am ounce on the Comex.
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Asian stocks powered by Intel
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Bailed-out small banks face takeover risk: panel
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Glaxo said to settle Avandia cases on U.S. vote eve
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Stage set for final votes on Wall Street reform bill
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CES 2021 Highlight: Robot Vacuum And Mop From Roborock Unveiled, 50Hz Scrubber For Tough Stains
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CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
More news
Asia stocks powered by Intel
Asian stocks rose to a three-week high on Wednesday, led by gains in technology issues after Intel's results beat market expectations, while the euro held firm near two-month peaks against a softer U.S. dollar.
New global AIDS focus: careful budgets?
New AIDS plans released by the United Nations and the U.S. government on Tuesday stress smarter, targeted spending as a way to keep up the fight against the pandemic during a global recession.
Yum shares fall on 2010 view
Yum Brands Inc , parent of the KFC, Taco Bell and Pizza Hut chains, issued a disappointing full-year earnings outlook and said it expects labor costs to rise in its key China market, sending its shares down 3.2 percent.
Australian Dollar Outlook 14/7/2010
The Australian Dollar has opened over one US cent higher this morning and is trading above USD0.8800.
Daily Forex Forecast 14/7/2010
The Australian Dollar climbed to its highest level in 3 weeks overnight as equities bounced upon expectations US corporate earnings will beat estimates.
CME pleased with Wall Street bill
CME Group Inc CEO Craig Donohue told employees he is pleased with many of the provisions in Washington's financial reform bill, but raised concerns about the leeway it gives regulators.
New U.S. AIDS policy targets prevention
A new domestic AIDS policy rolled out by the White House on Tuesday asks states and federal agencies to find ways to cut new infections by 25 percent, get more patients treated quickly and educate Americans about the deadly and incurable virus.
CFTC weighs crack-down on high-frequency trades
The U.S. Commodity Futures Trading Commission risks hurting markets if it is too aggressive in flexing its regulatory muscle to rein in high-frequency traders, exchanges and participants are expected to tell the agency on Wednesday.
Instant view: Intel profit and sales beat estimates
Intel Corp , the world's biggest microchip maker, handily beat second-quarter sales and profit estimates and forecast third-quarter sales well ahead of Wall Street's consensus.
Bank sector funds seek gains after reform
JPMorgan Chase & Co, an underperformer so far this year, is one of several big banks whose shares could be poised for a revival now that U.S. financial regulatory reform is all but completed.
Wall Street rallies on profits
Stocks rallied for a sixth straight day on Tuesday after Alcoa's quarterly results heartened investors that had fled to the sidelines on jitters about the sustainability of the economic recovery.
Fed says credit somewhat looser in last 3 months
Hedge funds and private equity firms had an easier time raising capital in the last three months, but the market for asset-backed securities remains crippled, according to a new Federal Reserve survey.
Wall Street bill appears to have votes to pass
Senate Democrats on Tuesday appeared to nail down the votes needed to approve a historic overhaul of U.S. financial regulations and moved to set up a final vote on it by the end of the week.
Fairholme takes MBIA stake, ups AIG holding
Shares of bond insurer MBIA Inc and bailed-out insurer American International Group Inc soared on Tuesday after Bruce Berkowitz's Fairholme Capital Management disclosed new stakes in the companies.
New AIDS policy shoots for better coordination
A new domestic AIDS policy rolled out by the White House on Tuesday looks for new ways to educate Americans about the deadly and incurable virus, cut new infections by 25 percent and get more patients treated quickly.
Shares rise on profits but caution signs appear
Stocks rallied on Tuesday after Alcoa's quarterly results heartened investors that had been pushed to the sidelines by jitters about the sustainability of the economic recovery.
Industrial results could give Wall Street new worry
Investor worries that the year-old economic recovery is getting shaky have driven down U.S. manufacturer shares over the past two months.
Aluminum cuts seen boosting price, Alcoa prospects
Cuts in global aluminum production, especially in China, should boost the metal's price and improve U.S. producer Alcoa Inc's earnings prospects, analysts said on Tuesday.
Bankruptcy claims trading falls in June
The trading of claims in bankruptcy cases fell to $2.1 billion in June, down for the second straight month, as several large companies prepared to exit Chapter 11, according to data released on Tuesday.
Wall St bill appears to have votes to pass
Senate Democrats on Tuesday appeared to nail down the votes needed to approve a historic overhaul of U.S. financial regulations and moved to set up a final vote on it by the end of the week.
EU ministers back closer budget surveillance
European Union finance ministers agreed on Tuesday to increase monitoring of member states' economies from January as part of efforts to tighten budget discipline and prevent new economic crises.
Glaxo defends Avandia to U.S. advisory panel
GlaxoSmithKline Plc insisted its diabetes pill Avandia was safe as U.S. advisers began a two-day meeting to consider if the medicine is too dangerous to stay on the market.
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