You could hardly do better than Chateau du Grand Moueys if you were looking for a metaphor to demonstrate Chinese interests in European wines, luxury goods and travel.
Equities worldwide were in sell-off mode Tuesday, as nagging uncertainty about Greece, sobering news about China's economy and traders' realization that U.S. and European central banks might be finished with cash infusions all seemed to weigh on investors.
Industrial and Commercial Bank of China Ltd , the world's most valuable lender, said in a statement that its gold leasing business reached 62.8 tonnes of physical metal in 2011.
On Monday afternoon, Arizona Republican John McCain became the first U.S. Senator to call for air strikes against the Syrian regime of Bashar al-Assad. A senior Obama administration official said that the president and his advisers “share his concern and outrage about what’s taking place.
Despite a slowing growth rate in 2011, Brazil's economy overtook the United Kingdom to become the sixth biggest in the world.
Gold fell 2 percent in heavy volume on Tuesday after breaching a key support, as renewed concerns about Greece's debt triggered economic fears, while some analysts say the metal looks oversold and poised for a rebound.
General Motors Co. saw a 30.4 percent year-over-year jump in sales of passenger cars in China in February, a record-setting month for the United States automaker. Sales rose primarily due to the absence of the Lunar New Year holiday, which fell at the beginning of the month last year.
In honor of International Women’s Day 2012, here's a look at the best and worst places to be a woman. Caution: The results may surprise you.
As Apple Inc, the world's most valuable listed company, braces itself for a report into alleged poor working conditions among its army of low-cost suppliers in China, it could heed the lessons from another big-brand retailer that faced similar issues two decades ago.
Everyone's favorite Nabisco cookie, the Oreo, turned 100 on Tuesday. The iconic cookie sandwich has survived two World Wars, the Great Depression, the Cold War and Middle East turmoil.
Gold prices fell more than 1 percent in Europe on Tuesday, pushing through support at $1,690 an ounce, as jitters over whether private creditors will agree to a Greek bond swap deal and wider euro zone growth pressured the euro versus the dollar.
Iran on Tuesday said it will give U.N. weapons inspectors access to a secret military complex where it's believed work on a nuclear weapon may be taking place, as Western countries offered to resume talks with Tehran over its nuclear program.
There continue to be multiple signs that the U.S. economy is expanding at a solid clip.
Wall Street was set to open lower on Tuesday on renewed concerns that Greece and private bondholders may not meet a looming deadline to complete a debt swap and as caution grew over the global economic outlook after recent weak data.
Myanmar will begin a managed float of its currency in the fiscal year starting in April and wants to develop an interbank money market to end a black-market currency system that critics say deters investment and abets kleptocracy.
Asian stock markets declined for the second day on Tuesday as concerns over a slower economic growth in China and Greece’s debt deal dampened sentiment.
Goldman Sachs Group Inc has stated that it posted a net loss of $103 million in Asia for the year 2011, compared with a $2.1 billion profit in 2010.
Despite how they sound or what they taste like, pork donuts are hitting the store shelves relatively soon.
U.S. equities sank, mirroring falls across Asia and Europe Monday after China cut its growth target. Worries over whether Greece can entice enough private investors to participate in a bond swap deal also dampened investors' sentiment.
China, along with Russia, has repeatedly thwarted moves by western and Arab nations to condemn the brutal regime of Syrian President Bashar al-Assad.
Republican Sen. John McCain of Arizona, in a speech Monday, is expected to call on President Barack Obama's administration to authorize U.S. air strikes against the Syrian army, which is brutally cracking down on opponents of President Bashar al-Assad.
One of the largest annual technical conferences, South by Southwest (SXSW), will begin Friday, March 9 and last until Sunday, March 18. Here is a full list of the SXSW 2012 music lineup for South by Southwest from March 13-18.
