INVESTMENT

Shares of Amazon.com, the world’s biggest e-retailer, plunged 12 percent in the first hour of trading, wiping out $9 billion in value, after the company reported disappointing third-quarter results.

Demand for a range of long- lasting manufactured goods recorded their largest gain in six months in September, cementing views of a step-up in economic growth in the third quarter and suggesting the year's final quarter started with some momentum.

Ford Motor Co. posted lower third-quarter earnings after misjudging the threat of higher commodity costs and writing down the value of hedge positions.

Shares of Amazon.com, the world’s biggest e-retailer, plunged 12 percent in pre-market trading, wiping out $9 billion in value, after the company reported disappointing third-quarter results.

During a CNBC interview on Tuesday, Gov. Rick Perry said the huge tax breaks to the wealthy offered under his new flat-tax plan is necessary for job creation.

Olympus Corp Chairman and President Tsuyoshi Kikukawa stepped down on Wednesday in response to a widening scandal over dubious acquisition deals, as sources said Japan's securities watchdog was looking into the 92-year-old firm's past dealings.

Olympus Corp announced Wednesday that its chairman and president Tsuyoshi Kikukawa had stepped down over media reports of a widening scandal, as sources said Japan's main securities watchdog was looking into the 92-year-old firm's dubious acquisition deals.

Investors stayed cautious ahead of a summit expected to deliver pledges to tackle the euro zone's debt crisis rather than firm commitments, keeping the euro above $1.39 as stocks markets traded little changed.

Spot gold rose nearly 1 percent on Wednesday to its highest level in more than a month, as safe-haven demand returned on growing doubts over a resolution to the Eurozone debt crisis ahead of a key European Union summit later in the day.

Many small investors in China have turned to gold as high inflation threatens to erode wealth in the world's second-largest economy, leading to small gold exchanges springing up all over the country.

Nomura Holdings , Japan's largest investment bank, is planning major cost cuts that will like have the biggest impact on its loss-making European operations, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Amazon.com Inc shocked investors with a far weaker-than-expected outlook for the crucial holiday season quarter as it spent heavily on its new Kindle Fire tablet computer.

Because there's plenty of time to be slutty after the costume party.

Rick Perry's tax plan -- one he hopes will boost his Republican presidential candidacy -- gives Americans two options.

As Groupon pitches its initial public offering plans to investors, analysts continue to give tepid views on the stock's prospects.

Although all members were re-elected to News Corporation's board of directors Friday, shareholder votes showed that not everyone is happy with the company's leadership.

Townspeople in northern Peru are demanding an end to construction of the $4.8 billion Minas Conga gold mine because they fear it will threaten local water supplies, residents said on Tuesday.

In a lengthy statement, the Vatican's Pontifical Council for Justice and Peace called for far-reaching reforms of the global economy to create a system that serves the common good of all nations and economic classes.

In the largest penalty of its type, UBS AG was fined $12 million by a U.S. brokerage regulator over the Swiss bank's systemic failure to properly handle millions of short-sale orders.

Chancellor Angela Merkel appealed to German lawmakers from all parties on Tuesday to back plans to boost the firepower of the euro zone rescue fund in a vote set to take place hours before Wednesday's crunch EU summit.

Prices on Egypt's stock market must stabilise before same-day settlement resumes, the financial regulator said, shrugging off warnings from some traders that the delayed settlement imposed during February's popular uprising was deterring investors.