INVESTMENT

The American Petroleum Institute, the country's largest oil and natural gas trade group, blasted President Barack Obama's administration Tuesday for perceived failures in promoting domestic sources of energy.

Chinese state-owned firms, private corporations and wealthy individuals are buying European vineyards as they look to capitalize on a growing domestic thirst for foreign wine.

With Republican senators eager to get a jobs bill to President Barack Obama's desk, Majority Leader Harry Reid offered a vote in exchange for dropping a filibuster of the president's judicial nominees.

A full-text of the Federal Open Market Committee's statement from March 13 meeting.

The relationship between Samsung and Apple is complicated. Even as the two tech giants continue to sue each other around the globe, a new report from iSuppli discovered that Samsung is the sole manufacturer of the Retina Display screen for the new iPad, which was unveiled on March 7 in San Francisco.

Europe is undermining drug innovation by cutting prices, raising barriers to new medicines and freeloading off others in Asia and the United States who are more willing to pay, the boss of Pfizer, the world's largest drugmaker, said.

Customers of bankrupt U.S. brokerage MF Global are receiving bids from global banks for their claims, according to a published report.

The markets may currently be giving Italy the benefit of the doubt, but recent data have supported a gloomy view of the economic outlook according to Capital Economics.

Gold prices may have risen for more than a decade and surged in the last few years. But hedge fund manager Kyle Bass' prediction for 2012 and beyond is that prices still have a lot further to go.

It is our view that a rate cut from China could prove to be the next catalyst to push equity markets higher.

New York is the most competitive city in the world, according to a new survey by Citigroup and the Economist Intelligence Unit.

Goldman Sachs Group Inc will hold its annual board meeting in India later this month.

Japan's Asahi Kasei Corp will buy U.S. medical equipment maker Zoll Medical Corp for $2.21 billion as it looks to build a globally competitive healthcare business and reduce its reliance on its chemicals and fibers operations.

China lowering its growth target will have no direct impact on policy and also will not necessarily mean that it is less supportive to growth in the rest of the world, according to a report by Capital Economics.

Economists agree the current labor recovery is creating some jobs, but disagree as to which groups will benefit the most -- and what American society will end up looking like -- as a result. Their disagreements are full of useful insight that could be the base for future policies, if only policymakers were listening.

Greek Finance Minister Evangelos Venizelos will run unopposed for the leadership of the Socialists, party officials said Sunday, as the political focus shifts towards a parliamentary election now that Athens has secured a bond swap deal.

After the devastating 3/11 earthquake, tsunami, and nuclear catastrophe, the reconstruction efforts to get under way in earnest this year will boost Japan’s gross domestic product, but this does not mean the country will be any better off, according to a report by research consultancy Capital Economics.

The copper price will fall to $5,000 per tonne over the next two years, well below current levels of around $8,400 and less than half the highs seen in early 2011 according to a report by Capital Economics.

The deal, which does not include the bank covering Diamond's £5.7 million tax bill, comes after Barclays' profits fell 3 percent in 2011 and is set to anger shareholders and fair pay campaigners critical of huge payouts.

Ericsson, the world's top mobile telecoms equipment maker, is to cut jobs at its North American operations as part of a continued drive for greater efficiency in a business seeing slower sales.

The result should clear the way for the European Union and International Monetary Fund to release a 130 billion euro bailout package agreed with Greece in February.