FDA Limits Arsenic Levels Allowed In Apple Juices To Same Levels Permitted In Drinking Water
The FDA set a limit for permitted levels of arsenic, including the carcinogenic variety, in apple juice.
US Stock Futures Point To Flat Open Retreating From Fed Induced Highs, Ahead Of PPI, Core PPI, Consumer Sentiment, Corporate Earnings
Bullish institutional investors will try to make the case that no tapering of Fed stimulus will occur before 2014.
Infosys Posts Stronger-Than-Expected Profits Aided By Weak Rupee, Retains Guidance For US Revenues
A weak rupee and rising US demand helped Indian IT giant post better-than-expected Q1 earnings
US Stock Futures Point To Higher Open Following Bernanke's Comments Wednesday And Ahead Of Jobless Claims, Import Price Index
Investors will likely spend the day digesting Fed Chair Bernanke's comments on quantitative easing, and his taper stance.
Fukushima Plant Probably Leaking Contaminated Water Into Pacific Ocean: Japan's Nuclear Regulator
Japan's nuclear watchdog says radioactive water from the damaged nuclear plant is probably contaminating sea water. Operator remains unsure.
Asian Markets Soar As Ben Bernanke Surprises With Assurance Of A 'Highly Accommodative Policy For The Foreseeable Future'
Asian markets rally on Bernanke's comments about the continuation of the Fed’s stimulus program while the FOMC remains divided on the question.
US Stock Futures Point To Lower Open Ahead Of FOMC Minutes, Ben Bernanke's Speech, Wholesale Inventories Data, Corporate Earnings Reports
Investors will evaluate U.S. Fed Minutes and Chairman Bernanke's speech for tapering time-table clues.
IMF Cuts US, Global Economic Growth Forecasts: Recession In Euro Zone, Slowing Down In Emerging Market Economies Are Major Concerns
IMF cut its global growth forecast citing anemic recovery in the US and EU, adding that if the Fed ended QE, it could hurt emerging markets.
China Trade Data For June Sharply Below Expectations, Underlines Concerns Of Economic Slowdown
China's trade data for June missed forecasts by a wide margin, adding to growing concerns of a slowdown in the Asian economic powerhouse.
Damages From Europe Flooding In June Worst Since 2002, To Top $15.5B, Will Cost Insurers $3.86B, Munich Re Says
Floods in Europe this summer are the most expensive natural calamity to hit the continent since the Elbe river floods in 2002.
US Stock Futures Point To Higher Open Ahead Of Small Business Optimism Index, Corporate Earnings Season
U.S. stock futures point to a higher open on Tuesday as investors look to Q2 earnings for a window into corporate America's health.
Brazil Launches Probe Into US Spying; President Says Country Will Not Tolerate Meddling With Privacy Rights And Sovereignty
Brazil is investigating whether its local telecom companies helped the U.S. to spy on communications on Brazilian soil.
GlaxoSmithKline Says It Is Probing Botox Marketing Practices In China Following Claims Its Employees Bribed Doctors To Increase Sales
GlaxoSmithKline said on Monday that it is probing whether its employees bribed local doctors to sell Botox in China.
US Stock Futures Point To Higher Open Ahead Of Consumer Credit Data While Europe Powers On And Asian Stock Rally Stumbles
Europe surged early Monday, but Asia stumbled on Fed taper concerns. Institutional investors also expect decent Q2 earnings growth.
Hedge Fund Perry Capital Sues US Treasury, FHFA Over Fannie Mae and Freddie Mac Takeovers, Sweep Amendment
Perry Capital has sued the U.S. government for taking over Fannie Mae and Freddie Mac, challenging a proposal to liquidate the two companies.
ECB Provides Unprecedented Clarity On Future Policy Surprising Markets, Inviting Speculation The Move Could Be A Reaction To US Fed's Recent Comments About Winding Down Stimulus
The ECB's unprecedented move to provide guidance on future policy moves was lauded by many and invited speculation about the motives behind it.
US Stock Futures Point To Higher Open Ahead Of Nonfarm Payrolls, Unemployment Reports As Markets Reopen After 4th Of July Holiday Thursday
US stock futures hint at a strong showing Friday, as investors return from a mid-week break and look for crucial U.S. jobs data for direction.
China Suspends Releasing Key PMI details Making It More Difficult To Analyze Its Faltering Economy
China suspended the release of crucial economic data adding to economists' concerns over the real health of the world's second-largest economy.
[UPDATE] European Markets Trade Higher As BOE And ECB Keep Rates Unchanged
European markets rebounded Thursday, shrugging off the crisis in Portugal, as the BoE and ECB both held rates steady, as expected.
Assets Under Management At Indian Mutual Funds Touch Record Highs in June Quarter On Heavy Inflows To Debt Funds Triggered By Interest Rate Cut Hopes
Mutual funds in India managed more assets than ever in the April-June quarter, as investors, betting on rate cuts, rushed to bond funds.
US Stock Futures Point To Lower Open As Egypt Crisis, Weak China PMI, Jobs And Trade Data Weigh On Markets
Rising oil prices as Egypt simmers, a slowing Chinese economy, and US data will influence markets ahead of the Fourth of July holiday.
India's Telecom Commission Approves 100 percent FDI In The Country's Telecom Sector
India's telecom body endorsed full ownership of telecom firms by foreign investors in an effort to attract more FDI to revive a stalling economy.
Asian Markets Fall On Weak Chinese Service Sector PMI Data, As Dollar Strengthens And Markets Await Key US Employment Report On Friday
A weakening in China's services sector hurts Asian markets, which will now look to key jobs data from the US on Friday for direction.
Cameron And Tyler Winklevoss File An IPO Request With US Regulator For An ETF, Which Will Allow Trading In Bitcoins
The Winklevoss twins row out to deeper waters as they put their collective heft behind virtual currency Bitcoin.
US Stock Futures Point To Higher Open Ahead Of Factory Orders, NAPM Index
The bears say quantitative easing is boosting stocks. The bulls? A growing U.S. economy, which will push stocks even higher.
Australia's Reserve Bank Keeps Interest Rates Unchanged For Now, Could Consider Future Cuts If Necessary
Australia's central bank left rates at record lows saying past cuts would aid growth for now.
Scott London, A Former Partner At KPMG Pleads Guilty To Insider Trading; Faces Maximum Sentence Of 20 Years In Prison
Former KPMG exec who received cash and gifts worth thousands of dollars for sharing confidential info says he did it to help a friend.
US Stock Futures Point To Higher Open Ahead Of Manufacturing PMI Data From ISM; Strong EU Data
Investors may be in a buying mood, after signs of a possible end to the EU's economic slowdown.
India Considers Relaxing FDI Norms In Retail Sector, Government Committee Probing Wal-Mart Recommends Fresh Inquiry Into Company's Lobbying Activities
India's government considers relaxing FDI criteria for retail sector, while Wal-Mart could be probed afresh on bribery charges.
China Manufacturing PMI, As Reported By HSBC, Drops to 9-Month Low In June Hinting At Continuing Slowdown
Two separate surveys on China's factory growth differed in their readings but hinted at a slowdown in the country's manufacturing sector.