French luxury group, PPR has confirmed its acquisition of the Italian menswear brand, Brioni, popular for clothing the likes of Russian Prime Minister, Vladimir Putin and also James Bond.
China's annual inflation rate eased to 5.5 percent in October, a third straight month of decline from July's three-year peak and Premier Wen Jiabao said prices had fallen further since then.
State governments would be able to collect online sales taxes under a bill due to be introduced in the Senate on Wednesday, said sources familiar with the bill.
Hiring for the approaching holiday season in the U.S. is expected to be on par with 2010, in line with an anticipated year-on-year growth decline in seasonal sales, according to the National Retail Federation. Still, seasonal jobs provide an opportunity to secure a permanent position, employers and industry experts say.
Gold rose above $1,800 an ounce on Tuesday for the first time in over a month, fueled by worries that a teetering government in euro zone's third largest economy Italy would deepen the region's debt crisis.
Sir Richard Branson has invested in Square, the mobile payments solution designed by Twitter co-founder Jack Dorsey. The company already has a valuation north of $1 billion and continues to grow.
Owing to the soaring demand of Apple's recently launched fifth-generation iPhone - the iPhone 4S, an inventory survey reveals that most Apple stores in the U.S. and abroad have run out of stock on a daily basis.
Gold prices hovered above $1,790 on Tuesday, after soaring more than 2 percent in the previous session, supported by safe haven demand as Italy took center stage in the euro zone debt crisis.
The top after-market NASDAQ stock market gainers are: Solazyme, DealerTrack Holdings, Amedisys, Central European Distribution, and Kopin. The top after-market NASDAQ stock market losers are: Legacy Reserves, Urban Outfitters, Limelight Networks, Array BioPharma, and Savient Pharmaceuticals.
Societe Generale , France's second-biggest listed bankon, scrapped its 2011 dividend on Tuesday to help bolster capital when reporting quarterly profit fell sharply, hit by charges including Greek debt writedowns.
The Gotham West project is one of the largest developments currently underway in New York City. It was heralded at a Monday groundbreaking ceremony as a sign of the west side's rising stature as a desirable neighborhood.
The nation's drivers got a brief reprieve at the pump this month, but a tank of gas promises to be costly again with Thanksgiving weekend on its way. Gas prices have fallen 5 cents a gallon overall in the last three weeks, to an average of $3.43
The moves are the latest sign Best Buy is scaling back its overseas ambitions to focus on its main U.S. business, which faces stiff competition from discounters and online retailers. Earlier this year, the U.S. group dropped plans for Best Buy-branded stores in China and Turkey.
Retail sales in the 17 countries sharing the euro fell more than expected in September despite some resilience in powerhouse Germany, the EU's statistics office said on Monday, reinforcing concern that the bloc's economy may be heading for a recession.
An initiative backed by Costco to allow supermarkets and warehouse stores to sell liquor in the state of Washington has shattered an election spending record
Here's a billion people. Here's 300 to 500 of those billion-plus people newly added to the middle class. Now, how do you market your product to them? That's a question that even a beverage giant like Coca-Cola has yet to figure out.
In downtown Oakland, California, where protesters affiliated with the Occupy Wall Street movement demonstrated on Wednesday, a makeshift shrine honors Scott Olsen, an Iraq war veteran who has become an accidental symbol of their cause.
Barry Sternlicht's Starwood Property Trust reported net income in the third quarter of $14.5 million, down from $22.7 million in the same period in 2010.
Brookfield Office Properties, the landlord with holdings in America, Canada and Australia, including the now infamous Zuccotti Park, reported 8.2 million square feet of leasing activity following the third quarter, surpassing its record leasing levels in pre-recession 2007.
State governments across the United States are just a few months into their fiscal years and already many fear that tax revenues are running short of forecasts.
U.S. employment growth was likely too weak in October to pull down the nation's lofty jobless rate, though it may have been strong enough to suggest some economic momentum is building.
October retail sales missed Wall Street expectations, with companies reporting weak numbers as the holiday season approaches.
