U.S. consumer prices rose marginally in September from August, restrained by weak food and housing costs, according to government data on Thursday that pointed to scant inflation pressures as the economy makes a comeback from recession.
Citigroup Inc (C.N) posted a quarterly loss to shareholders as it suffered $8 billion of credit losses, raising further questions about the future of the bank that is one-third owned by the U.S. government.
U.S. Treasuries prices trimmed losses as U.S. stock index futures turned lower after Goldman Sachs Group (GS.N) reported its third-quarter results.
Oil fell back below $75 a barrel from year-highs and reversed its sixth straight positive session on Thursday after European shares pared gains and the euro fell on disappointing Q3 earnings reports, traders said.
A decision on whether the Swedish government will give loan guarantees to troubled auto maker Saab is still a couple of months away, the country's enterprise minister told Reuters on Thursday.
Capital One Financial Corp's (COF.N) U.S. credit-card defaults rose in September as more Americans lost their jobs, in another sign that consumers remain under stress.
Britain's top share index was 0.1 percent lower by mid-session Thursday, weighed on by weaker commodity stocks as metal prices fell, ahead of results from U.S. banks Citigroup (C.N) and Goldman Sachs (GS.N)
U.S. stock index futures were flat on Thursday, a day after the Dow Jones industrial average .DJI topped the key 10,000 level and ahead of quarterly results from Goldman Sachs and Citigroup.
U.S. carmaker General Motors was close to signing a deal to sell a 55 percent stake in its European arm Opel to Canada's Magna Thursday as talks continued with unions over job cuts.
U.S. stock index futures pointed to a slight increase in equities on Thursday after the Dow Jones Industrial average index pierced the 10,000 level in the previous session.
The chief executive of General Motors Co reiterated on Thursday that the U.S. automaker would join a rights offering by its struggling South Korean unit, but gave no hint whether GM would put in as much as the unit's biggest creditor wants.
Obesity may lead to numerous health problems, but it may actually be linked to fewer successful suicides, according to a new study.
Roche beat forecasts with a 10 percent rise in third-quarter sales, helped by demand for Tamiflu due to the H1N1 swine flu pandemic, and the Swiss group now sees higher drug revenues for the full year.
Open access policies have helped other leading industrialized nations develop more competitive broadband markets by lowering entry barriers, according to a study commissioned by the U.S. Federal Communications Commission.
Asian shares rose to 14-month highs on Thursday after upbeat U.S. retail sales and earnings reports prompted a shift to riskier assets, pushing the U.S. dollar to a 14-month low and prompting Asian governments to step in to curb currency strength.
Anheuser-Busch InBev, has agreed to sell breweries in nine eastern European countries to CVC Capital Partners for an initial $2.23 billion, passing its target for divestments since its merger a year ago.
Roche's third-quarter sales rose 10 percent to 12.4 billion Swiss francs ($12.2 billion), helped by its cancer drugs and increased demand for flu medicine Tamiflu due to the H1N1 pandemic.
Roche's third-quarter sales rose 14 percent to 12.4 billion Swiss francs ($12.2 billion), helped by its cancer drugs and beating expectations, and it upped its forecast for flu medicine Tamiflu.
U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.
Asian shares rose to 14-month highs on Thursday as upbeat retail sales and surprisingly bullish earnings reports in the United States buoyed risk appetite, pushing the U.S. dollar to a 14-month low.
General Motors Co's CEO Fritz Henderson reiterated on Thursday the company would take part in any rights offer by its struggling South Korean unit.
Countries need to forge new trade rules governing the movement of electronic data across borders as the world becomes increasingly connected, a Microsoft official said on Wednesday.
