Gold, Platinum Soar on South Africa Power Cuts
Gold and platinum prices surged to new records on Friday on deteriorating electricity shortages in South Africa, a top producer of the precious metals, increased the supply demand.
Price, not politics, cure for China oil shortages
China's bid to end fuel shortages only a temporary cap on the problem
Double-digit California home price drop seen
California faces a double-digit fall in housing prices over the next year and a half, a major builder, a lender and the state treasurer said on Monday in a discussion of how long the subprime mortgage crisis would drag on the Golden State.
Code of conduct call for price comparison sites
Price comparison sites risk misleading consumers and should be governed by a code of practice, an independent body says. It would aim to ensure that such services display up-to-date information, disclose how much of the market they cover and are transparent in the commercial relationships they have with product providers.
More news
Apple slashes iPhone price
Apple Inc on Wednesday said the company was cutting the price of its iPhone and was on track to sell one million phones before the end of September.
Wealthy Not Affected by Market Woes
The stock market is swinging but there are no signs the rich are buckling their Pradas.
BA execs to be named in price fixing probe: report
'A number of executives just below board level' and not covered by a plea deal announced last week are to be identified.
Zimbabwe bans bulk buying as shops run empty
Zimbabwe authorities ordered businesses on Thursday to stop selling basic goods in bulk to avert shortages after an official price freeze triggered a frenzied buying spree that has emptied most shop shelves.
The Allure of Dirty Carbon
Europe's plan to limit greenhouse gases by creating a carbon market may fall short. Dirty coal is cheaper than oil.
Blackstone units close below $31 IPO price
Blackstone Group LP units slid 5.2 percent on Tuesday, closing below the $31 price the private equity giant fetched in its initial public offering last week, as investors fretted the private equity boom may have peaked.
Apple, AT&T set 3 iPhone price plans
Apple Inc. (NASDAQ: AAPL) and AT&T (NYSE: T)announced on Tuesday three new service plans for the much anticipated iPhone, ranging from $59.99 to $99.99.
Dow Jones premium price likely a one-time deal
News Corp.'s $5 billion bid for Dow Jones & Co. Inc. may have fueled a modest rally among newspaper stocks but it's unlikely to spark similar deals or push publishing sector takeover values higher, analysts say.
Samsung Settles Price-Fixing Suit for $90 Million
The world's largest memory chipmaker, Samsung Electronics Co. has agreed to pay $90 to settle price-fixing lawsuits brought on by 41 states.
Hard Disk Manufacturers Cut Prices for Market Share
Shareholders approved the acquisition of hard disk manufacturer Maxtor to rival Seagate in May, giving a Seagate a 5 percent growth in market share. The sudden surge, however, has triggered a price war as rivals vie to cease lost market share.
Zune: Hurts Microsoft and Partners more than Apple
Yesterday, Microsoft announced pricing and release dates for its anticipated Zune portable media player. Once thought to be the greatest threat to Apple's dominant iPod lines, some experts now contend that the device will do more damage to Microsoft partners instead.
SSE Confirms 2007 Price Increase
Scottish & Southern Energy Plc has confirmed that 2007 will see it raise its prices for domestic electricity and gas by 9.4% (average) and 12.2% respectively.
FUND FOCUS-Commodities undervalued by 30 percent
The oil price might have fallen almost 25 percent from its peak, but the commodities sector as a whole is undervalued by around 30 percent giving further opportunity for growth according to one fund manager.
Japanese Expert Balks at Sony's PS3 Price Cuts
Sony Corp. said Friday it will slash the price of its much-anticipated PlayStation 3 video game console in Japan by 20 percent, a decision deemed ridiculous by a Japanese financial expert.
OPEC Basket Price Falls to $55.99 Thursday
The OPEC crude basket price, a daily reference level based on the prices of 11 crudes - dropped to $55.99 on Thursday from $56.23 the previous day.
US mulls change in key inflation gauge: WSJ
The Bureau of Labor Statistics is contemplating a change in the consumer price index that may have an impact on how markets and policymakers interpret inflation data, the Wall Street Journal reported on Monday, citing a government official.
New chips give Intel upper hand
Intel Corp., which has been losing market share in computer processors to Advanced Micro Devices Inc., now looks better placed to weather a brutal price war that seems set to worsen.
Bernanke's fluid inflation tone bemuses Wall St.
For a self-proclaimed advocate of inflation-targeting, Federal Reserve Chairman Ben Bernanke seemed remarkably unperturbed this week by recent signs that price increases in the economy are accelerating.
Retail sales unexpectedly fall 0.1 pct
U.S. retail sales unexpectedly shrank in June as energy prices bit, raising concern about growth as the Federal Reserve considers halting its two-year interest rate hike campaign.
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