McDonald's Corp posted a 2.2 percent rise in sales at existing restaurants worldwide, disappointing some investors and sending its shares down 2 percent in premarket trading.
U.S. mortgage applications surged last week to their highest since late May as consumers sought to take advantage of the lowest interest rates in months, data from an industry group showed on Wednesday.
Wall Street was set for a flat to higher open on Wednesday with the falling dollar likely to underpin shares of natural resource companies, including energy producers and miners.
India's rejection of patent applications on two life-saving HIV/AIDS drugs last week has been welcomed by health officials, who say it will ensure wider access to the medicines.
Patients who have flu-like symptoms and are having trouble breathing should get quick treatment with the antiviral drugs Tamiflu or Relenza, even before getting a flu test, U.S. officials said on Tuesday.
Obama's Stamp on Fed; High Stakes Health Speech; Oil Drops as OPEC Meets
A wave of Beatlemania struck Britain's streets on Wednesday as the Fab Four released a specially remastered edition of their albums, complete with an interactive video game for a new generation of fans.
R&B stars Mary J. Blige, Akon and Chris Brown and veterans Natalie Cole and Sister Sledge will honor the late Michael Jackson at a concert in Vienna later this month, with more stars due to be announced this week.
U.S. mortgage applications surged last week, with demand rising to its highest level since late-May as consumers sought to take advantage of the lowest interest rates in months, data from an industry group showed on Wednesday.
Stock index futures pointed to a flat open on Wednesday after a three-day run-up as commodity prices were little changed after driving the market in recent days.
President Barack Obama will be able to put his stamp on the Federal Reserve with appointments for perhaps as many as four seats on the central bank's board in coming months, even though he emphasized continuity in tapping Ben Bernanke for another term as chairman last month.
Fans of the Beatles queued on Wednesday to buy the band's collected works on a new set of discs and get their hands on an animated video game featuring some of the Fab Four's greatest hits .
President Barack Obama takes on the bitter healthcare reform debate on Wednesday with a high-stakes speech to the U.S. Congress on his top domestic policy priority.
Oil prices fell below $71 a barrel Wednesday, after rising more than $3 the previous day, as OPEC ministers were expected to maintain official output unchanged at their meeting in Vienna.
Oil prices hovered above $71 a barrel on Wednesday, after rising more than $3 the previous day, as OPEC ministers were expected at their meeting in Vienna to maintain official output unchanged.
Another global financial crisis is inevitable because human nature always reverts to speculative excesses during a period of sustained prosperity, former U.S. Federal Reserve Chairman Alan Greenspan said.
Stock index futures pointed to a weaker open on Wednesday after a three-day run-up and commodity prices flattened after driving the market in recent days.
World stocks slipped on Wednesday as investors paused ahead of key U.S. data, having pushed them to 11-month highs the previous day, while the low-yielding dollar held near its 2009 low against the euro.
Fans of the Beatles queued on Wednesday to buy the band's collected works on a new set of discs and get their hands on an animated video game featuring some of the Fab Four's greatest hits .
Oil prices hovered above $71 a barrel on Wednesday, after rising more than $3 the previous day, as OPEC ministers were expected at their meeting in Vienna to maintain official output unchanged.
Visitors to China are often amazed when they look out their hotel room windows early in the morning. In parks, squares, plazas, and schoolyards, ten of thousands of Chinese of all ages
Oil prices rallied above $71.50 a barrel on Wednesday, extending the previous session's dollar-driven 4.5 percent rally as investors waited for an OPEC meeting to conclude and fresh U.S. inventory data.
