LONDON

Flat Burberry Sales Pull High-End Brands Down

Burberry graphic
After London-based Burberry Group PLC (LON: BRBY) reported flat comparable-store sales for its second quarter, market watchers are trying to digest cross signals in the luxury goods market.

South Africa Mining Strikes Spread

South African mine strikes
The world's second-largest platinum producer said striking South African miners are demanding another 8 to 10 percent pay hike like the one they received in April that ended a six-week strike.
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A 2012 Chevrolet Electric Volt gets charged at a charging station at a Chevrolet car sales lot in Troy, Michigan

Why GM Actually Is Getting Its Money's Worth From The Chevy Volt

General Motors Company (NYSE: GM) may be losing money on the Chevy Volt at present, but the long-term benefits of early R&D in electric vehicles, improvements to brand image and improving sales volumes should ultimately make it a wise decision for the company.
Traders work at their desks in front of the DAX board at the Frankfurt stock exchange

European Markets Decline As Easing Optimism Fades

Most of the European markets marginally fell Monday as investor optimism over last week's bond buying plan announced by the European Central Bank began to fade and concerns about the debt crisis faced by the euro zone was revived.
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Ryan Lochte Confesses To Blake Lively Crush; Makes Cameos On '30 Rock' and '90210'

U.S. swimmer Ryan Lochte has done anything but shy away from the limelight since the conclusion of the London 2012 Olympic Games. Lochte has been rumored to be starring in his own reality-television show, made cameo appearances on the CW's "90210" and NBC's "30 Rock," and now has fessed up about having a crush on Blake Lively, star of the CW's "Gossip Girl."
Miners at Rustenberg platinum mine

South African Labor Unrest Threatens Platinum And Gold Production

In the wake of a strike that left 34 platinum miners dead after clashes with police, South African unions continued to refuse to work, disrupting production of the metal in the country that accounts for 75 percent of global exports and spilling over to impact gold miners.
Adele and Simon

Will Adele Flaunt Her Baby Bump At The MTV VMAs? [PHOTO]

Snapshots of Adele's baby bump were taken last week and excitement over the Grammy-winning songstress soared. Last year Adele stunned the audience at the MTV VMAs with her stellar performance, but will the public debut of her baby bump do the same this year?
Traders work on the floor of the New York Stock Exchange

ECB Stimulus Hopes Lift US Stock Futures

The U.S. stock index futures point to a higher open Thursday as investor sentiment was underpinned by the expectation that the European Central Bank would announce stimulus measures to ease the euro zone debt burden.
Traders work at their desks in front of the DAX board at the Frankfurt stock exchange

European Markets Gain Before ECB Meeting

European markets rose Thursday on hopes ahead of the European Central Bank meeting where the bank is expected to announce policy measures to boost the euro zone economy and revive growth momentum.

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