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US stocks decline after CPI, jobs data

Traders work on the floor of the New York Stock Exchange
US stocks declined in early trade on Thursday after official data showed that weekly jobless claims unexpectedly rose last week while Consumer Price Index (CPI) climbed more than forecast in January.

US stocks advance after earnings, economic data

More than half of Americans believe that the economy is still in recession and are less confident on the improvement in the nation’s economic conditions over the next few months, a new CBS News poll showed.
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Nigeria distributes 414 bln naira for January

Nigeria distributed 414.3 billion naira from federal accounts to its three tiers of government for January, up 0.85 percent on the previous month, the acting accountant general said on Monday.
Traders work on the floor of the New York Stock Exchange

Wall Street set for mixed open

Futures on major U.S. stock indices point to a mixed opening on Monday, after indices recorded a second straight week of gains on Friday.
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Inflation eases slightly in January, but over forecast

Inflation eased slightly in January but was still higher than expected, reinforcing expectations the Reserve Bank of India (RBI) will keep tightening policy because price pressures are still above its comfort zone.
U.S. panel approves final duties on China drill pipe

December industrial output slows to 20-month low

India's annual industrial output in December rose at its slowest pace in 20 months on a higher base last year and stretched capacities at factories, but the Reserve Bank will likely continue tightening monetary policy to tame high headline inflation.
A construction worker stands amongst steel rods at the Shard building skyscraper site in central London February 9, 2011.

UK producer prices surge in January

Factory gate inflation rose twice as fast as expected last month, and the cost of raw materials soared, heaping pressure on the Bank of England to raise interest rates sooner rather than later.
Christophe de Margerie, Chief Executive Office of French oil company Total, speaks during the company's 2009 annual results presentation in Paris

Oil price surge to boost Total profits

Soaring oil prices will help France's Total (TOTF.PA) produce bumper annual profits on Friday, when investors hope for details on how much Europe's third-largest oil group will invest to revive output.
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World Equities Fall, ECB Buys Portugal Debt

World stock markets fell hard on Thursday, with Hong Kong shares losing 2% and London's FTSE100 dropping 0.9% by lunchtime. Indian stock markets have lost more than $20 million per minute so far in 2011, the Economic Times reports, with billionaire Anil Ambani blaming vicious and illegal rumors.

US stocks decline despite jobs data

U.S. stocks declined in early trade on Thursday despite better-than-expected jobs data with tech stocks particularly remaining weak as disappointing earnings from Cisco Systems weighed on the sentiment

Ghana inflation rises for first time in 19 months

Ghana's inflation rate jumped to 9.08 percent in January, the first increase in 19 months and due partly to a 30 percent rise in petrol prices, but analysts still expect the central bank to keep interest rates on hold next week.
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US stocks decline on profit taking

U.S. stocks declined in early trade on Wednesday as investors preferred to take profits after the Dow Jones Industrial Average reached its highest level since June 2008 on Tuesday.
Investors look at an electronic board showing stock information at a brokerage house in Fuyang, Anhui province

China rate hike pressures world stocks

World stocks and oil prices ebbed from recent highs on Tuesday after China raised interest rates for the second time in just over a month, spurring worries of the hike's impact on global economic demand.
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US stocks open with gains on deal news

U.S. stocks advanced in early trade on Monday with the S&P 500 Index gaining 4.88 points, or 0.37 percent, to trade at 1,315.75 at 9:50 a.m. EDT. The Dow Jones Industrial Average advanced 36.63 points, or 0.30 percent, to trade at 12,128.78. The Nasdaq Composite Index gained 0.31 percent.
Traders work on the floor of the New York Stock Exchange

US stocks waver after jobs data

U.S. stocks wavered in early trade on Friday after a government report showed that U.S. added fewer jobs than forecast for January, while the unemployment rate unexpectedly declined to its lowest level since April 2009
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India-Iran oil payments dispute resolved

The government has resolved a month-long payments dispute with Iran over oil shipments, a source at the oil ministry said on Thursday, by allowing a domestic bank to handle payments in euros with a Germany-based counterpart.

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