Up to 1,500 striking workers at Freeport McMoRan Copper & Gold Inc.'s giant gold and copper mine in Indonesia's remote Papua province protested outside a government office on Thursday, urging authorities to help end a dispute over pay.
Mongolia's quest to renegotiate a 2009 deal to develop the giant Oyu Tolgoi copper-gold deposit might create a crisis of trust for foreign investors, but analysts said the decision could help it through a difficult legislative session starting next week.
Germany's parliament approved new powers for the euro zone's crisis fund on Thursday but it was not clear if Angela Merkel got enough votes from her coalition to silence rebels worried about funding a series of bailouts of countries like Greece.
Germany's parliament approved new powers for the euro zone's crisis fund on Thursday but it was not clear if Angela Merkel got enough votes from her coalition to silence rebels worried about funding a series of bailouts of countries like Greece.
Greek civil servants blocked the doors of government ministries on Thursday in protest against austerity ahead of the start of talks with the EU and IMF on the delivery of an aid tranche Athens needs to avoid running out of cash next month.
Workers represented by the United Auto Workers union approved on Wednesday a four-year labor contract with General Motors Co, the first such deal for the top U.S. automaker since its 2009 bankruptcy.
stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.9 to 1.2 percent.
A string of Chinese entrepreneurs have gone into hiding to avoid repaying loans, according to state media reports, highlighting a credit squeeze on private firms and the dangers of steep interest rates in China's vast and growing informal lending market.
German Chancellor Angela Merkel faces a battle for her political survival on Thursday when some of her coalition, worried about throwing good money after bad by bailing out Greece, could humiliate her in a parliament vote on euro-zone rescue schemes.
European index futures fell on Thursday ahead of a vote in Germany's parliament that is expected to approve new powers for the euro zone's bailout fund, but also underline the political divisions hampering efforts to solve the region's debt crisis.
Groupon launched its online retail arm Groupon Goods for its American subscribers on Wednesday, moving beyond daily group discounts to compete with leaders like Amazon Inc.
Asian shares and commodities fell on Thursday on growing worries that Europe's intractable debt problems will plunge the world into a second global financial crisis.
Asian shares and commodities fell on Thursday on growing worries that Europe's intractable debt problems will plunge the world into a second global financial crisis.
European insurers Allianz
and AXA SA are among the potential bidders for HSBC Holdings Plc's sale of its general insurance business, which could fetch more than $1 billion, sources familiar with the matter told Reuters.Asian shares and commodities fell on Thursday on growing worries that Europe's intractable debt problems will plunge the world economy into a second global financial crisis.
Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank might need to ease monetary policy further if inflation or inflation expectations fall significantly.
Lehman Brothers Holdings Inc unveiled the latest in a string of settlements with major financial creditors, reaching deals with Bank of America Corp and Merrill Lynch that will reduce the banks' claims against Lehman by a combined $7.5 billion.
Commodity-related stocks drove Wall Street lower on Wednesday as stiff declines in energy and metals prices underscored investor concerns about global economic weakness and Europe's raging debt crisis.
Bill Buckner is Back!
Federal antitrust regulators have asked for more information about Google Inc's planned $12.5 billion acquisition of Motorola Mobility Holdings Inc.
The speculated release of the iPhone 5 smartphone by Apple (AAPL) will likely juice the shares of AT&T's (T) by attracting hundreds of thousands of younger adult subscribers to AT&T's stable. Those extra subscribers should also help T improve its network quicker -- something the company needs to do.
Thomson Reuters Corp named Jim Smith chief operating officer, putting him in a strong position to succeed Chief Executive Tom Glocer, who is under pressure to boost sales to financial institutions.
Goldman Sachs Group Inc and TCW Asset Management Co won dismissal on Wednesday of a lawsuit by German state-owned Landesbank Baden-Wurttemberg over a derivative product that lost money during the credit crisis.
The trustee recovering money for victims of Bernard Madoff's epic fraud can seek $386 million at most from owners of the New York Mets baseball team who invested in Madoff's firm, a federal judge said.
Federal Reserve Chairman Ben Bernanke did not comment on the U.S. economy or monetary policy in a speech about emerging markets on Wednesday.
Commodity-related stocks drove Wall Street lower on Wednesday as stiff declines in energy and metals prices underscored investor concerns about global economic weakness and Europe's raging debt crisis.
The heads of two of the world's most powerful private equity firms issued a dire report on the U.S. economy on Wednesday, signaling problems for political leaders and their own firms' ability to realize profit on their portfolios.
Change is coming to the U.S. municipal bond market, and issuers, bankers and others are worried that some of the moves could fundamentally alter the process for financing capital and operating needs.
Ardent Mines Ltd. expects to buy mineral rights in north-central Brazil next month, the U.S.-based company said Wednesday.
Commodity-related stocks drove Wall Street lower on Wednesday as stiff declines in energy and metals prices underscored investor concerns about global economic weakness and Europe's festering debt crisis.
