The European Central Bank will show its determination to check firming price pressures at its meeting on Thursday with markets focusing on whether it uses the strong vigilance codewords to signal a rate rise in June.
The euro kept close to a 17-month high against the dollar and stock markets hugged recent levels on Thursday as investors waited for the European Central Bank to give hints on future interest rate rises.
U.S. carmaker Chrysler is planning to close a deal to refinance $7.5 billion of government debt by May 24, according to details of Chrysler's offering memorandum to the banks published on Thursday by newspaper Il Sole 24 Ore.
Spot silver prices slid for the fifth straight day Thursday to the lowest in a month, while the euro secured gains against the dollar Thursday before the European Central Bank meeting where it is expected to reinforce its hawkish outlook.
Irish Prime Minister Enda Kenny said on Wednesday he would press for lower interest rates for Dublin's EU/IMF bailout but insisted higher corporate taxes would not be part of any such deal.
Irish Prime Minister Enda Kenny said on Wednesday he would press for lower interest rates for Dublin's EU/IMF bailout but insisted higher corporate taxes would not be part of any such deal.
Electronic Arts Inc, the video game publisher known for its FIFA and Madden: NFL franchises, said its quarterly outlook and revenue rose, sending its shares about 3 percent higher.
Inflation remains well under control, despite the spike in oil prices, but the Federal Reserve stands ready to raise interest rates if price pressures appear to be getting out of hand, top Fed officials said on Wednesday.
Electronic Arts Inc, the video game publisher, said its quarterly outlook and revenue rose, driven by sales of games Crysis 2 and Dead Space 2, sending its shares about 1.4 percent higher.
General Motors Co will revamp a Kentucky factory to produce a new version of the iconic Chevrolet Corvette sports car that will look completely different from the current version, the automaker said on Wednesday.
Mortgage finance giant Freddie Mac on Wednesday said it lost just short of a billion dollars last quarter, though it did not ask taxpayers for more aid as the loss stemmed from interest payments to the government.
The United States is not heading into a sustained bout of high inflation, a top Federal Reserve Bank official said on Wednesday, despite a recent surge in energy and food prices that is sparking fears of 1970s-style price rises.
The trustee in charge of recovering funds for victims of Bernard Madoff asked a bankruptcy judge to allow him to begin payments, 2-1/2 years after the imprisoned swindler's Ponzi scheme was uncovered.
Computer hackers are exploiting the fascination with the death of Osama bin Laden to spread malicious software through scams that promise access to videos of the historic killing.
Portugal's two key opposition parties signaled after meeting European and IMF officials on Wednesday they will back a 78-billion-euro bailout that is expected to consign the economy to two years of recession.
The jury in Raj Rajaratnam's insider trading trial started to consider the case anew after one panelist was excused for medical reasons and replaced, while the ailing hedge fund founder was absent from court.
U.S. stocks fell for a third day on Wednesday as weaker-than-expected economic data and more losses in top-performing commodity sectors cast doubt on how much life a market rally had left.
The City of Los Angeles sued Deutsche Bank on Wednesday, claiming the global financial institution is one of the biggest slumlords in the second-largest U.S. city.
Chip tool maker Applied Materials
will buy Varian Semiconductor Equipment Associates Inc for $4.9 billion in cash as it looks to meet rising demand from smartphone and solar equipment manufacturers.The pace of growth in the U.S. services sector unexpectedly eased in April, according to an industry report released on Wednesday.
Deutsche Bank said efforts by the City of Los Angeles to sue Germany's largest lender for its alleged role in loan foreclosures were misguided.
Signs of weakness in the U.S. economic recovery mounted as reports on Wednesday showed a sharp slowdown in the vast services sector and less hiring by private companies in April.
Glencore Chief Executive Ivan Glasenberg could be worth $10 billion after the commodities trader makes its debut later this month in a record public offering valuing the commodities group at some $60 billion.
U.S. stocks fell on Wednesday as investors took profits in energy and other top-performing sectors for a third day, casting doubt on how much longer the market's rally may continue.
The jury weighing the fate of hedge fund manager Raj Rajaratnam began deliberations anew on Wednesday after a juror was excused from the high-profile insider trading trial for medical reasons and replaced.
IntercontinentalExchange Inc CEO Jeffrey Sprecher said on Wednesday NYSE Euronext's directors have effectively handed over the fate of the Big Board to its shareholders.
Portugal's banks will get up to 12 billion euros ($17.8 billion) to recapitalize under a rescue plan, enabling them to rebuild their balance sheet strength gradually, an official source said.
U.S. private employers added 179,000 jobs in April, coming in shy of economists' expectations, a report by a payrolls processor showed on Wednesday.
Goldman Sachs Group Inc has just a few more months to put its stamp on the Volcker rule, and it is not wasting any time.
NEW YORK AOL Inc
is beginning to shows progress in display advertising revenue. 
