Gold prices steadied around two-week highs on Tuesday after posting their biggest one-day rise since late January in the previous session, boosted by expectations that U.S. interest rates will stay lower for longer and by gains in the euro.
Analysts, economists, and market participants were concerned with three things this week, and three things only: inflation, inflation, and inflation.
The city of Milan reached a tentative settlement in a two-year-old fraud case against four major banks that arose from a disastrous derivatives contract sold to the Italian city in 2005, Bloomberg News reported Thursday.
While shipping costs have been recovering over the past month from historical lows earlier this year, rates for the biggest vessels keep falling. Mistrust in the market, bad luck for iron exporters and a slowdown in world steel consumption are to blame.
Payment processor Vantiv priced shares in its $500 million initial public offering at the midpoint of its expected range on Wednesday, according to an underwriter.
Greece unveiled details of payments to its two main debt restructuring advisers late on Wednesday to knock down a local website report that they had received 74 million euros.
Germany's Deutsche Bank said on Tuesday it had hired global security firm G4S to build and manage a new precious metals vault, as it seeks to cash in on booming investor demand for physical gold and silver.
Facebook filed for an IPO on Feb. 1 but has since amended its registration document twice. Here are four important things to know about the world's biggest social media company.
Customers of bankrupt U.S. brokerage MF Global are receiving bids from global banks for their claims, according to a published report.
Eurozone finance ministers approve second bailout for Greece but demand Spain acts urgently to deal with tight deficit target.
The economic picture got considerably messier this week, as positive data on job creation battled with gasoline-price-fueled inflation concerns in economists', policymakers' and consumers' minds. Joyous declarations that the economy is finally getting better have turned into more studious critiques of how the incipient recovery is actually affecting poor, working-class and middle-class people.
Deutsche Bank has taken 5-10 billion euros ($6.6-$13.3 billion), of the European Central Bank's (ECB) long-term refinancing operation (LTRO), which offers three-year loans to banks at a rate of 1 percent according to a report.
Apple on Wednesday updated its tablet lineup with a new iPad. Yes, “New iPad” is what Apple has named its next generation tablet.
Facebook Inc added 25 banks to help underwrite the company's initial public offering, meaning most of Wall Street will have a role in the share sale, according to an amended IPO filing on Wednesday.
Greece's major bondholders voiced their support on Monday for a deal that will halve the value of their debt holdings and aims to put the country back on a sustainable debt-repayment footing.
Facebook Inc, the social networking firm, has hired more banks to work as underwriters for its initial public offering, according to a report.
Facebook Inc will add banks in coming weeks to help underwrite its initial public offering, two sources familiar with its plans said on Friday.
Facebook Inc will add more banks in coming weeks to help underwrite the company's initial public offering, two sources familiar with its plans said on Friday.
CVC Capital Partners is to buy Nordic construction products and machinery distributor Ahlsell from Cinven and Goldman Sachs Capital Partners for 1.8 billion euros ($2.4 billion), in Europe's biggest private equity deal since last summer.
Market participants are seemingly expecting European banks to take up a massive amount of euro over the next 24 hours, as the European Central Bank offers them a second helping of ultra-low cost loans. The banks themselves, not so much.
Hedge funds' love affair with technology industry darling Apple Inc has rewarded some managers so far this year but half the industry, having been less savvy with its bets, is limping behind with subpar returns, new research from Goldman Sachs shows.
The prices of gasoline and other energy commodities are on the rise -- with further increases just over the horizon -- and it appears that everyone is taking notice.
