The Eurozone will once again serve as the source of Wall Street's angst next week, as investors look to a summit of the region's political leaders for decisive solutions for the ballooning debt crisis.
Regulators investigating the collapse of MF Global Holdings Ltd. have determined that the firm combined money between securities and futures accounts owned by customers, and transferred funds outside the country to at least one entity, a source said on Friday.
As macroeconomic developments helped boost stock prices on the one hand, comments from central bankers, politicians and others, on the other hand, dampened the party in the equities market.
As investigators search for an estimated $1.2 billion missing from MF Global customer accounts, one customer says his entire account has vanished and blames the trustee liquidating the firm.
A French restaurant where diners cannot see what they are eating, often spill their wine and must conduct conversations while staring into pitch darkness has proved such a success in Europe that it is making a foray into the Americas.
A U.S. House of Representatives committee voted to subpoena Jon Corzine to testify before Congress about the collapse of MF Global Holdings Ltd., after the former CEO refused an earlier invitation.
European shares rose on Friday, recording their biggest weekly gain since late 2008, on hopes Eurozone leaders were coming together to find a solution to the Eurozone debt crisis.
Simone Bora is contemplating the unthinkable -- an Indian wedding without lavish amounts of gold after record high prices and a sinking rupee have dimmed her hopes of sparkling at the party. We need to think whether to buy gold or not because nearly 30,000 rupees for 10 grams is too much, Bora said in a jeweler's shop in Zaveri Bazaar in Mumbai, one of the world's biggest gold markets. Thirty-thousand rupees is $580.
The troubled Cooper Square Hotel in Manhattan's East Village has sold for $67.5 million, according to New York City records.
Ethical considerations be damned -- single NYC men are not known for their willingness to pick up every tab. How did she pull this off?
When combined with upward revisions to the September (210,000) and October (100,000) job totals, November’s 120,000 job gain, and recent, strong manufacturing and auto sales data, the fundamentals show a U.S. economy that is strengthening. But will Europe's credit markets sap the economy's momentum?
Thomson Reuters Corp Chief Executive Tom Glocer is stepping down at the end of the year following a slump in the share price in recent months. He will be replaced by Chief Operating Officer James Smith, a veteran Thomson executive who has run the company's most successful operations.
The Toronto Stock Exchange has given notice to Gold Reserve Inc. that it does not meet the bourse's listing requirements since Venezuela expropriated the company's main asset, Gold Reserve said Friday.
A gold ATM machine selling jewellery and 31,000-rupee gold coins, but for more than just window-shopping, it faces stiff competition from traditional jewellery shops.
European shares rose on Friday at mid-day and were headed for their biggest weekly gain in three years on hopes of a bold solution to the euro zone debt crisis at a summit next week.
Wedbush Securities upgraded its rating on shares of Anthera Pharmaceuticals, Inc. (NASDAQ: ANTH) to outperform from neutral based on valuation. The brokerage raised its fair value estimate to $8 from $7.
The spectacular bull run in gold prices is unlikely to end soon, with bullion retaining its appeal in 2012 due to the uncertain global economy, analysts and industry officials said on Friday.
Teenage girls pose for pictures beside the latest arrival in Mumbai's modern Phoenix Mills mall -- a gold ATM machine selling jewellery and $600 gold coins -- but for more than just window-shopping, it faces stiff competition from traditional stores.
Stock index futures pointed to a sharply higher open for equities on Wall Street Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 1 to 1.1 percent ahead of a key jobs report.
Gold purchases in India, the world's largest bullion consumer, slowed down as the festival season ended, and business was lackluster elsewhere in Asia as concerns of global growth weighed on sentiment.
Asian stocks are set for their first weekly rise in a month buoyed by coordinated central bank actions, while the euro held on to hefty gains before European policymakers make a fresh stab to tackle its crisis at a summit next week.
News of the makeover comes on the heels of an announcement in October, of a massive $100 million investment in original video programming deals with major media houses.
