Fundamentals lift stocks
Investors shifted focus from worrying about Middle East turmoil to concentrate on fundamentals on Tuesday, lifting global stocks against a background of improved economic data and corporate results.
Facebook to launch third party commenting platform
Social networking site Facebook plans to launch a third party commenting platform that could position the site as an engine behind the comments system on many high-profile blogs and digital publications.
PMI surveys hint at deeper-seated inflation
Costs for Asian and European manufacturers jumped in January as firms ramped up production, surveys showed on Tuesday, the latest evidence of growing pressure on global inflation from food and fuel prices.
BP profit lag takes shine off dividend
BP Plc failed to dispel doubts about its future on Tuesday as its long-awaited return to a dividend payout was tainted by weaker than expected profits and a new charge for the Gulf of Mexico oil spill.
Hawaii region gets its first Nissan Leaf
After a San Francisco Bay Area South Carolina, Seattle and Tennessee resident received the deliveries of all electric Leaf, Nissan Motors on Tuesday carried out its first Leaf delivery in the Hawaii region.
US expresses anguish over human rights violation in Iran following execution
The United States has urged Iran to stop executions, expressing deep anguish over the disregard for human rights of citizens in the country.
Blizzard warning prompts emergency school closings in Chicago
Emergency school closings have been reported from Chicago due to the blizzard warning issued by the National Weather Service.
Who is the next Egyptian leader?
As the Egyptian protest enters its ninth day in Cairo the organizers have announced an indefinite general strike and called for a march of a million in the Egyptian capital on Tuesday. There is a mounting pressure on the president Hosni Mubark to relinquish the post and pave way for new leadership.
Data buoys Asian stocks as oil hovers above $100
Asian stocks rose on Tuesday, led by shares of resource companies, as strong U.S. factory data and surging commodities prices offset fears that unrest in Egypt could spread to other parts of the Middle East.
GM weighs China plants, sees big Sail exports
General Motors, the top U.S. automaker, is considering adding new plants in China in 2011 and after, a senior executive said on Tuesday, as it moves to meet steady demand in the world's top auto market.
Facebook memorial for Schenecker teenagers killed by their mom
Facebook houses a memorial for Calyx and Beau Schenecker, the two teenagers allegedly killed by their mother for being mouthy.
Infineon hikes outlook on auto, industrial growth
German chipmaker Infineon on Tuesday raised its outlook for its fiscal year through September 2011, anticipating strong growth in its automotive and industrial divisions.
ARM profit jumps on licensing, royalty revenue growth
British chip designer ARM Holdings posted a higher quarterly and full-year profit, helped by the growth in licensing and royalty revenue and it expects dollar revenue for 2011 to be at least in line with market expectations.
Global imbalances returning, could fuel unrest: IMF chief
The world economy has begun improving but is beset by problems such as high unemployment and rising prices which could fuel crippling trade protectionism or even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.
Lupe Fiasco’s new single “Words I Never Said’ is released
Lupe’s single from the third album drives his fan base crazy
U.S. data buoys Asian stocks, oil hovers above $100
Asian stocks posted modest gains on Tuesday, led by shares in resource companies, as strong U.S. factory data and surging commodities prices offset fears that unrest in Egypt could spread elsewhere in the Middle East.
Retailers to report chilly end to holiday season
Retailers are poised to show only a modest rise in January sales as record snow in many parts of the United States kept shoppers away from malls and crimped demand for early spring merchandise.
BP returns to dividend list
BP confirmed an expected return to paying dividends, which it cut at the height of the Gulf of Mexico oil spill last summer, and said it planned to sell two refineries and refocus on oil and gas production.
China, India PMIs foreshadow rising inflation
Input prices jumped in Chinese and Indian factories in January, adding to pressure from food inflation that the fast-growing economies are already struggling to contain, business surveys showed on Tuesday.
China PMI foreshadow rising inflation
Input prices jumped in Chinese and Indian factories in January, adding to pressure from food inflation that the fast-growing economies are already struggling to contain, business surveys showed on Tuesday.
BP says to pay dividend
BP Plc announced a return to paying dividends, which it cut at the height of the Gulf of Mexico oil spill last summer and said it planned to sell refineries as it refocused on oil and gas production.
UPS Q4 profit seen up 40 percent as economy mends
United Parcel Service is expected to report a 40 percent increase in quarterly profit on Tuesday as more confident consumers opened their wallets.
Egypt protestors gear up for 'march of a million' protest
As the Egyptian protest enters its ninth day in Cairo, the organizers have announced an indefinite general strike and called for a march of a million in the Egyptian capital on Tuesday.
Bank of America tops the most valued brand among banks: study
A survey by London-based Brand Finance Plc of banks, based on the notional amount that a company would have to pay for the brand, has ranked the Bank of America as the most valuable banking brand with an estimated price of $30.6 billion.
Baidu upbeat on outlook, targets social search
Baidu Inc beat fourth quarter estimates and painted a bright near-term outlook as it bets on large advertiser spending and new Chinese Internet trends, such as social networking, to spur growth.
LBS and Wharton share top honors in the FT Global MBA rankings 2011
The Financial Times has just released its 2011 rankings of global MBA programs; Wharton regains top spot
China PMI foreshadows slower growth and sticky inflation
China's factories slowed a touch in January under the weight of monetary tightening, but input prices rose quickly, keeping the pressure on the government to tackle inflation despite easing growth.
Baidu forecasts above Street, shares jump
Baidu Inc breezed past Wall Street financial targets in the fourth quarter as the No. 1 Internet search engine in China benefited from a sharp increase in advertising spending by its customers.
Tycoon Carlos Slim plans more investment in Mexico in 2011
Mexican tycoon Carlos Slim said on Monday he plans to boost his investment in Mexico this year by about 20 percent to $3.6 billion, with telecoms, mining and infrastructure taking center stage.
China PMI points to slowing growth and rising inflation
China's factories slowed a touch in January under the weight of monetary tightening, but input prices rose quickly, keeping the pressure on the government to tackle inflation despite easing growth.