ZEW Economic Sentiment Index For Germany, EU Gains Sharply In September; UK August Inflation Moderates
UK inflation dipped marginally, while economic sentiment in the euro zone and Germany, as measured by the ZEW index, improved sharply.
Futures: Speculation About Fed's Tapering Decision Could Weigh On US Stock Markets Ahead Of Two-Day FOMC Meeting
The Federal Reserve is expected to announce a token reduction in its monetary stimulus, starting next month.
FDA Slaps Import Ban On Ranbaxy's Indian Facility: Move Affects Generic Major's Revival Plans; Strides Arcolab Too Receives Warning
FDA banned import of drugs manufactured at Ranbaxy's newest Indian plant, dealing a blow to the generic major's comeback plans.
Syria Crisis: UN Report Confirms Extensive Use Of Chemical Weapons In Syria; Ban Says Perpetrators Of "War Crime" Should Be Held Accountable
A UN report examined blood, urine, hair, soil and rocket samples and found 85 percent of blood samples tested positive for sarin.
Costa Concordia Salvage Operations In Pictures: Wreckage Lifted Off From Reef Bed
The unprecedented salvage operation to upright the wrecked cruise liner, Costa Concordia, is going forward as planned.
U.S. Stocks Could Open Higher Ahead Of FOMC Meeting As Summers No Longer A Potential Candidate For Fed Chair
Investors await the Federal Reserve's decision on its bond-buying program while the race for the Fed's top job is thrown wide open again.
India August WPI Inflation Grows At Its Fastest Pace In 6 Months; Hurts Rate Cut Hopes Needed To Kickstart Ailing Economy
India's wholesale price inflation, or WPI, rose more than expected in August hurting chances of a key policy rate cut later this week.
Taiwan's HTC Laid Off 20% Of Its US Workforce As Company Struggles To Regain Market Share
Taiwan's HTC downsized about 20 percent of its U.S. workforce as part of a broad restructuring plan.
UN Report To Confirm Chemical Weapons Use In Syria: Evidence Is ‘Overwhelming,’ UN Chief Ban Ki-moon Says
The U.N. has overwhelming evidence that chemical weapons were used in Aug. 21 attack in Damascus, Syria.
US, Russia Reach Agreement To Eliminate Syria’s Chemical Weapons Stockpile
The U.S. and Russia on have agreed on a proposal to identify and destroy Syria’s chemical-weapons stockpile by mid-2014.
US Stock Futures Point To Lower Open Ahead Of Retails Sales Data, PPI, Consumer Sentiment Report, Uncertainty Over Fed's Tapering Decision Next Week
Investors remain transfixed on economic data, the Fed's next move next week, and the Syrian crisis.
Walt Disney Plans To Buyback $6B To $8B In Shares
Walt Disney plans to buy back up to $8 billion in stock next year.
Japan Industrial Production Rose 3.4% In July; Revised Data Shows
The revised industrial production number is further evidence of a strengthening economy.
US Stock Futures Point To Mixed Open Ahead Of Jobless Claims, Import Price Index, FOMC Meeting Next Week
Investors remain watchful ahead of economic data, with one eye fixed firmly on Syrian negotiations in Geneva.
Bank Indonesia Raises Key Policy Rates By 25 Basis Points For Second Time In 2 Weeks
Bank Indonesia surprises with second policy rate hike in only two weeks as it works to defend its depreciating currency.
Verizon Sells $49B Worth Of Corporate Bonds In Largest Debt Sale In History
The sale exploits low interest rates and renewed investor interest to fund its buyout of Vodafone's stake in Verizon Wireless.
UK Unemployment Rate Rate Edges Down Topping Expectations; Claimant Count Change Declines
Bank of England Governor Mark Carney has said that the bank could raise interest rates if the unemployment rate drops below 7 percent.
US Stock Futures Point To Mixed Open Ahead Of Wholesale Inventories Report, Uncertainty Over Syrian Crisis
Stocks could open mixed as investors weigh the latest developments on the Syrian crisis.
Powerful Explosion At Benghazi In Libya Damages Foreign Ministry Office; Blast Comes On First Anniversary Of US Consulate Attack
The explosion in the city of Benghazi comes on the first anniversary of a deadly attack on the U.S. consulate.
U.S. Begins Supplying Lethal and Nonlethal Aid To Syrian Rebel Forces: Opposition Spokesman
The U.S., in June, had decided to supply small arms and ammunition to Syrian rebels, but the process was delayed.
Syria Developments Round-Up: Syria Agrees To Russia's Plan, Which Gets Support From More Countries; Moscow Begins Talks With Damascus
Obama wants to keep military force an option; Putin says the proposal "can work" if the "American side" rejects the use of force.
US Stock Futures Point To Higher Open, As Syrian Crisis Seems Headed To A Peaceful Resolution
Stocks may open higher as efforts for a diplomatic solution to the Syrian crisis intensified while China released more positive economic data.
Luxury Retailer Neiman Marcus Group To Be Sold To Ares Management LLC And CPPIB For $6B
Luxury retailer Neiman Marcus Group will be acquired by by Ares Management LLC and the Canada Pension Plan Investment Board.
US Stock Futures Point To Mixed Open Ahead Of Nonfarm Payrolls Data, Unemployment Report
Investors await crucial jobs data that could influence the Fed's call on its bond-buying program while Syria hangs in the balance.
U.S. Does Not Expect UN Approval For Military Strike On Syria, Accuses Russia Of Holding Security Council Hostage
The U.S. might be edging closer to bypassing the UN Security Council’s vote and proceeding with a unilateral attack on Syria.
Iran Official Ordered Iraqi Militant Groups To Attack US Interests In Baghdad, If US Attacks Syria: US Official
If the U.S. were to attack Syria, Iraqi militant groups, prompted by Iran, could target U.S. interests in Baghdad, an intercept reveals.
US Stock Futures Point To Mixed Open Ahead Of ADP Non-farm Payrolls, Jobless Claims, ISM Service PMI, And Developments On Syria
A host of economic data and progress on the international debate about a strike against Syria could affect markets.
Microsoft Wins Second Patent Trial Over Google's Motorola; Awarded $14M
A court ordered Google's Motorola Mobility to pay $14 million in damages to Microsoft after a legal battle over patent licensing.
BOJ Keeps Rates Unchanged, Revises Up Economy Outlook
The Bank of Japan said the economy is witnessing a moderate recovery and reiterated its commitment to a 2 percent inflation target.
Putin Says Russia Could Support A Military Strike Against Syria, But Warns US Over Unilateral Attack
Moscow would back a military strike against Syria if it is convinced Bashar Assad's regime was behind a chemical weapons attack in Damascus.