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Asia is leading a recovery in global trade, but world trade volumes are still expected to shrink 10 percent this year, the World Trade Organization said on Wednesday.

Asia is leading a recovery in global trade, but world trade volumes are still expected to shrink 10 percent this year, the World Trade Organization said on Wednesday.

U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, following recent gains, as investors braced themselves for more results from bellwethers such as Morgan Stanley , PepsiCo , Pfizer , Boeing and Wells Fargo .

World stocks clung close to nine-month highs on Wednesday with some profit taking in Europe keeping a lid on further gains and cautious words from U.S. Federal Reserve Chairman Ben Bernanke dampening sentiment.

The popularity of Facebook and other popular social networking sites has given hackers new ways to steal both money and information, the security company Sophos said in a report released on Wednesday.

The popularity of Facebook and other popular social networking sites has given hackers new ways to steal both money and information, the security company Sophos said in a report released on Wednesday.

Internet giant Yahoo Inc is looking to sell HotJobs and Yahoo Small Business as part of its drive to shed its non-core assets, peHUB, owned by ThomsonReuters, said, citing sources familiar to the matter.

Internet giant Yahoo Inc is looking to sell HotJobs and Yahoo Small Business as part of its drive to shed its non-core assets, peHUB, owned by ThomsonReuters, said, citing sources familiar to the matter.

Stocks rose on Tuesday as a solid profit from Caterpillar Inc overcame some uneasiness about the company's outlook for the current quarter, but the gains were limited as some investors paused following the recent earnings-fueled run-up.

Yahoo Inc's third-quarter forecasts fell short of Wall Street expectations, sending shares 3.2 percent lower, as the Internet company announced plans to step up spending despite persistent weakness in the advertising market.

Apple Beats, Bernanke's Rate Call, Exelon Drops NRG bid

Exelon Corporation, the largest operator of nuclear power plants in the U.S., terminated its offer to acquire rival NRG Energy Inc. U.S. lawmakers and state governors discussed on Tuesday that policy to spark green energy jobs would take several years to develop. Alaska's 800-mile oil pipeline, Trans-Alaska Pipeline System may ship less volume of crude than its average due to summer maintenance.

Starbucks Corp ground out an expectations-topping profit on Tuesday as the coffee chain began reaping rewards from slashing costs and closing stores, and its shares gained 9.9 percent.

Yahoo Inc on Tuesday unveiled new design of its portal web page paving its flagship gateway to the main era of internet, with its second quarter profit soaring 8 percent.

The U.S. Senate voted on Tuesday to stop production of the F-22 fighter plane, handing President Barack Obama a victory as he tries to rein in defense spending.

Barnes & Noble Inc unveiled on Monday what it called the world's largest online bookstore, taking on Amazon.com Inc with over 700,00 titles readable on devices such as Apple Inc's iPhone.

Starbucks Corp posted quarterly earnings on Tuesday that handily topped analysts' estimates as the world's biggest coffee chain began reaping rewards from slashing costs and closing stores, sending its shares up 9 percent.

Stocks rose on Tuesday as a solid profit from Caterpillar Inc overcame some uneasiness about the company's outlook for the current quarter, but the gains were limited as some investors paused following the recent earnings-fueled run-up.

Gold futures ended slightly lower on Tuesday as U.S. Federal Reserve Chairman Ben Bernanke's strong resolve to battle inflation could prompt bullion investors to take profits in the near term.

Exelon Corp pulled its hostile $7.7 billion bid for NRG Energy Inc on Tuesday after NRG shareholders rejected an Exelon-backed slate of directors.

Obama this morning admitted that when it comes to fashion, “I'm a little frumpy” he said in an interview with Meredith Vieira from Today show.