Futures lower with data on tap
Stock index futures were lower on Friday as investors awaited a round of data, including consumer sentiment, that will provide a picture on the strength the economic recovery.
Deutsche Bank CEO doubts Greece can repay debt: report
Deutsche Bank Chief Executive Josef Ackermann cast doubt on Greece's ability to repay its debt in a TV interview and said a $1 trillion euro zone rescue package will help stabilize Italy and Spain, while the situation in Portugal is more difficult.
Entrepreneur looks to heat up solar
Up to now, the main impediments to powering your home with solar energy have been cost and a confusing sales process, but Dave Llorens wants to change that.
Michael Jackson's children become Web stars after leaks
The once sheltered children of the late Michael Jackson have become Internet sensations after home-made videos of two of his three children playing up for web cameras were leaked and appeared on YouTube.
Manufacturers see many reasons for caution
Wild roller coaster rides tend to leave people unsteady on their feet, uncertain which way is up and unsure as to the precise location of their stomachs.
Global ad industry eyes boost from mobile devices
The global advertising industry is eager to capitalize on booming use of mobile phones for Internet access as more enhanced devices are coming to the market to get more consumers reachable online.
Best Tips on How to Get That Pay Raise You Deserve
A lot of people sit quietly and say nothing to avoid rocking the boat, and they have the mindset that a pay rise will eventually happen on its own. Don't let this happen to you. You deserve to get paid as much as you can.
Euro and shares struggle on debt worries
The euro languished near a 14-month low versus the dollar and European shares fell on Friday on speculation that fiscal austerity in some euro zone countries may stifle economic growth.
Samsung to unveil chip spending plan Monday
Samsung Electronics, the world's largest memory chip maker, plans to unveil on Monday a much-awaited semiconductor investment plan, a source said, joining a growing list of firms raising spending on global economic recovery.
Euro struggles, stocks fall on EU debt doubts
The beleaguered euro hovered just above a major support level of $1.25 on Friday as worries about Europe's debt problems plagued markets, pressuring stocks and pushing safe-haven gold to near record highs.
U.S. stock futures point to lower Wall Street open
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.2 to 0.3 percent at 4:54 a.m. ET, pointing to a weaker start on Wall Street on Friday.
Sony shares slide 7 percent after forecast falls short
Sony Corp shares tumbled 7 percent on Friday after its forecast for annual operating profit fell short of analysts' expectations amid unfavorable currency rates and tough competition.
Chrysler watching GM financing moves closely
Chrysler Group LLC would need time to find a permanent and stable replacement for providing auto loans if it loses access to bank financing it shares with General Motors Co, Chrysler Chief Executive Sergio Marchionne said on Thursday.
Toyota to close Thai plant as crisis hit sales
Toyota Motor Corp said it would close one of its four vehicle plants in Thailand as the economic crisis hammered exports, in a rare move for what was until a few years ago the world's fastest-growing carmaker.
U.S. judge to pick lead attorneys in Toyota cases
The federal judge handling more than 100 lawsuits against Toyota Motor Corp over cars that raced out of control said on Thursday that he would decide by next week which plaintiffs lawyers would take a leading role in the massive litigation.
Egypt's GB Auto sees net profit doubling in Q2
Egypt's GB Auto expects to double its profit in the second quarter of 2010 and plans to export buses to Middle Eastern and European markets by the end of 2010, executives said on Thursday.
SEC investigates Wall Street selling of muni bonds: report
The U.S. Securities and Exchange Commission is investigating whether Wall Street banks used their own money to bet in financial markets against municipal bonds that they had sold, the Wall Street Journal said.
China allows Internet access in Xinjiang 10 months after riots
China restored full Internet access in its far western Xinjiang region Friday, the local government said, ending 10 months of blocked or limited access following deadly ethnic rioting there last July.
Oil drops below $74 on demand concerns
World oil prices continued its southern journey and dropped below $74 in Asian trade Friday mainly on demand concerns linked to European debt crisis. Light sweet crude for June delivery was seen trading at $ 73.75 a barrel at 11.30 a.m Singapore time while Brent crude was at $ 79.77 a barrel in London.
UAE opens world's first gold ATM
World's first Gold ATM started functioning at Abu Dhabi's Emirates Palace Hotel. The gold to go machine, developed by Germany's TG-Gold-Super-Markt, dispenses 24 carat one gram, five gram and 10 gram pieces of gold as well as coins bearing designs such as the Krugerrand, Maple Lea and Kangaroo.
Gold moves up after overnight slump
Gold prices recovered from overnight slump in Asian trade Friday but remained highly volatile as the dollar gained momentum. Spot gold was seen trading at $1235.54 an ounce at 11.30 a.m Singapore time while U.S. gold futures for June delivery was at $1,235.8 an ounce at the same time.
Gameworld: Free games lure new players including women, elderly
The video game industry has weathered the economic slowdown better than most industries, but there could be a reason -- free games with new figures showing up to a third of gamers don't pay to play.
Sony slides 7 percent after profit forecast falls short
Sony Corp shares tumbled 7 percent on Friday after its forecast for annual operating profit fell short of analysts' expectations amid unfavorable currency rates and tough competition.
Clipping lenses to the eye gives better results than laser surgery
An operation which clips artificial lenses inside the eyes gives better result than laser surgery, say British experts.
Gates Foundation signs healthcare deal with Bihar
India - The Bill and Melinda Gates Foundation has signed a Memorandum of Cooperation (MoC) with the Government of Bihar to ensure better health facilities for the people in Bihar.
Criminal probe targets 6 Wall Street firms: source
Prosecutors are conducting a broad criminal investigation of six major Wall Street banks, including JPMorgan Chase & Co and Citigroup Inc, to determine if they misled investors, a person familiar with the matter said on Thursday.
Senate backs curbs on credit raters, card fees
The Senate on Thursday voted to limit fees charged on credit and debit card transactions, and separately moved to overhaul the credit-rating business as part of a widening Wall Street reform bill.
Volkswagen aims for break-even at Seat in next 5 years
Volkswagen is aiming for a break-even at its Spanish brand Seat in the next five years as it counts on new models to boost sales, the head of Seat said.
Australian dollar outlook 14/5/2010
The Australian dollar has opened lower this morning as investors moved away from risk assets, leading to falls in equities and commodity prices.
Staying active delays Huntington’s disease
Melbourne researchers have made a breakthrough in the research into Huntington's disease, a genetic condition that inevitably leads to dementia and a shorter life.