INVESTMENT

German luxury carmaker BMW Group will invest 500 million pounds in its UK production network over the next 3 years.

About 2,000 villagers protested against POSCO's planned $12 billion steel plant on Saturday, with women and children forming a human ring around the site. Local television carried footages of women and children folks lying down on the site, making a long human ring.

The 2011 “Power Lunch with Warren Buffett” went for $2.6 million this year. The buyer chose to remain anonymous for now.

Europe's reluctance to commit resources to NATO is endangering the global alliance, outgoing Defense Secretary Robert Gates said in the final policy speech of his tenure.

Robert M.Gates, U.S Defense Secretary slammed NATO nations for failing to meet their commitments in Afghanistan.

Former Speaker Newt Gingrich’s White House campaign lay in shambles on Thursday as more than a dozen top officials and advisers deserted him en masse.

The National Oceanic and Atmospheric Administration (NOAA) has selected Google Apps as the agency-wide e-mail and collaboration platform for its 25,000 employees, contractors and associates working across the country and around the world.

The top after-market NASDAQ Stock Market gainers are: Yongye International, Global Sources, Sky-mobi, School Specialty, and Pantry. The top after-market NASDAQ Stock Market losers are: Gladstone Commercial, Diodes, Wi-LAN, SeaChange International, and Pharmasset.

UBS AG is looking at least four potential sites in Manhattan as it considers relocating its North American investment banking headquarters into the heart of New York City from suburban Connecticut, sources familiar with the bank's plans told Reuters.

UBS AG is looking at least four potential sites in Manhattan as it considers relocating its North American investment banking headquarters into the heart of New York City from suburban Connecticut, sources familiar with the bank's plans told Reuters.

This week we had two key central bank leaders discuss their views on the risk that the recent rise of inflation is more than simply transitory. And while the mandates that govern these two central banks are different, their views/actions can have significant impact on global currency movements.

Young Egyptians took to the streets again yesterday, in Cairo and across the North African nation. This time to demanded better wages.

The Gold Price continued to hold steady Thursday morning, trading in a tight range around $1536 per ounce - 2.6% off last month's spot market all-time high - while stocks and commodities gained ahead of UK and Eurozone interest rate announcements.

Pimco cut its holdings of Japanese and U.S. government debt in the past six months due to their diminishing investment appeal, although Japan's political turmoil is unlikely to trigger a spike in yields in the near term, the top bond fund's head of Japan portfolio management said.

General Motors will invest $49 million to purchase tooling and equipment for the Bedford Powertrain plant and create 91 jobs, the carmaker said in a statement.

UBS is allegedly planning to migrate its Stamford staff back to Manhattan, and the move is expected by 2015.

Some prominent American universities and pension funds, among other wealthy foreign investors, are allegedly purchasing huge tracts of land in Africa -- acts that may lead to the eviction of thousands of local farmers, according to a study by the Oakland Institute (Oakland Institute), a California-based think tank.

Gold Prices go up when cash and bonds fail to beat inflation. It was true in the 1970s, and it's been true again in the last decade. But now, from here, what will Gold Prices do?

The wholesale market price of Gold Bullion continued to fall Wednesday morning, hitting $1533 per ounce - a 0.6% loss on the week - while stocks and commodities fell and US Treasuries rose following a speech on Tuesday by Federal Reserve chairman Ben Bernanke.

Citigroup has agreed to sell a portfolio of private equity assets to AXA Private Equity for $1.7 billion, the French insurer said on Wednesday, the latest move by the U.S. bank to unload non-core assets.

The companies whose shares are moving in pre-market trade on Wednesday are: Oxford Industries, Cabot Oil & Gas, International Game Technology, Molycorp, LDK Solar Co, Radioshack, McDonalds, Gap, AK Steel Holding, Freeport-McMoRan Copper and Citigroup.