Investors on Wednesday eagerly snatched up a new two-year German bond with a zero-percent coupon, meaning investors were willing to pay to loan money to Europe's strongest economy when expected inflation is factored in. The yield ended at 0.07 percent.
The talks between representatives of the U.S., Russia, France, Britain, Germany, China and Iran are aimed at diffusing rising tension in the region, with Iran seeking a reprieve from crippling sanctions imposed on its energy and banking sectors.
Futures on major U.S. stock indices point to a lower opening Wednesday ahead of new home sales data for April and a European Union summit.
Market sentiment continued to be negative as a report quoting former Greek prime minister Lucas Papademos stated that Greece was considering preparations to leave the euro zone. Greece will hold fresh elections June 17.
Nothing seemed out of the ordinary when Thomas Langenbach, the vice president of SAP -- a top maker of business management software solutions based in Palo Alto, Calif. -- was found scanning boxes upon boxes of Lego toys before purchasing them. Little did anyone know, Langenbach was actually engaged in a giant scam.
NATO signed a $1.7 billion contract with U.S.-based defense contractor Northrup Grumman Sunday for five unmanned aerial vehicles, commonly known as drones, that will be used by allied countries for a new ground-surveillance system.
Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiabao said last weekend his government would focus more on growth than inflation.
The G8 leaders also said that it is ?our imperative to promote growth and jobs?.
The UK government may have made illegal promises to General Motors Co. (NYSE: GM) to shift production of the Astra compact car to its Opel/Astra plant in England from locations in Germany, reports said.
Here's a look at how the U.S. Men's National Team should shape up when the final cuts come Friday, May 25.
The measure grants President Barack Obama the power to impose sanctions against any country or company that enters into a joint venture or offers technology to assist Iran's uranium or oil industries.
The United States and Japan are leading a fragile economic recovery among developed countries that could yet be blown off course if the euro zone fails to contain the damage from its problem debtor states, the OECD said on Tuesday.
Futures on major U.S. stock indices point to a slightly lower opening Tuesday ahead of existing home sales data that are expected to show a rise in April sales.
Asian markets rose Tuesday as China promised to spur growth and France and Germany agreed to prevent Greece from exiting the euro zone.
Asian stock markets advanced for the second day Tuesday as China's commitment to stimulate growth in the world's second largest economy and signs of cooperation between German and French leaders buoyed sentiment.
The strain in this relationship between Germany and France was apparent Monday as finance ministers from both countries failed to resolve the question whether the euro zone would benefit from issuing joint European bonds. Berlin rejects the idea, stipulating that struggling economies need to clean up their messes before being given a reason not to.
The deadlock emerged after a meeting between French Finance Minister Pierre Moscovici and his German counterpart Wolfgang Schaeuble in Berlin on Monday.
The lineup for this summer?s Game Developer?s Conference in Europe is shaping up, as a newly announced discussion includes BioWare on post-DLC lessons from ?Mass Effect? and ?Dragon Age.? Video game fans have a ton to look forward to on the development side of gaming as well, with Bigpoint discussing free-to-play game design.
Prime Minister Stephen Harper is expected to announce that he will not be extending the mission of Canada's 950 military trainers currently in Afghanistan after international forces leave the country in 2014.
When you walk into a clothing store, how can you tell which items are actually popular with previous or would-be customers? Brazilian fashion retailer C&A has the answer: Clothes hangers that leverage the 900 million-plus users on Facebook to show who likes a particular item.
IAEA officials were denied entry into Parchin on two separate occasions earlier this year.
No, they weren't watching the stock market or the news...