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US auto sales off to roaring start in January

American car owners gave a confidence boost to auto manufacturers, as General Motors, Ford, Chrysler and Toyota posted double digit gains in January US auto sales.

Dell Streak with T-Mobile 4G support available today to take on Samsung Galaxy Tab 4G

The new tablet from Dell can connect to T-Mobile’s HSPA+4G network that surely is going to give stiff competition to Samsung Galaxy Tab’s 4G LTE tablet.

German jobless rate falls to lowest since 1992

Joblessness in Germany fell more than expected in January to leave the unemployment rate at its lowest level since March 1992, data showed, fuelling hopes that consumer spending will help underpin the country's economic

People walk past a JC Penney advertisement in a subway station in Manhattan New York

Retailers to report chilly end to holiday season

Retailers are poised to show only a modest rise in January sales as record snow in many parts of the United States kept shoppers away from malls and crimped demand for early spring merchandise.

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BSkyB reports double-digit profit, revenue growth for H1

Pay-TV firm British Sky Broadcasting (BSkyB) reported record product sales and strong double-digit growth in profit and revenue for the first half. The company, which lifted its interim dividend by 11 percent to 8.74 pence, said the business has achieved milestone of 10 million customers and total net product growth was 2.193 million.

Wal-Mart loses one, wins much more

Retail giant Wal-Mart Stores (NYSE: WMT) got some bad news and some good news on either side of the U.S.-Canadian border.

Get ready to pay more for groceries this year

Overall food prices in the U.S. are going to inch up between 2 and 3 percent this year, putting an added burden on household budgets.

New laws and the financial crisis still have investors scared of derivatives

Investor interest in derivatives-based strategies remains cold, as the financial bailout in 2008 and the Dodd-Graham Financial Overhaul Act has kept investors scared.

State Bank of Mauritius H1 profit rises

State Bank of Mauritius, the Indian Ocean island's second-largest bank, said on Tuesday first-half pretax profit rose 8.5 percent, boosted by dividend income, disposals, fees and commissions.

Pre-Market Earnings on Jan. 25 (VZ, JNJ, MMM, EMC, GLW, DD, KMB, SHW, HOG, GWW)

The companies that reported earnings before the markets open on Tuesday are: Verizon, Johnson & Johnson, 3M Co., EMC Corp., Corning, DuPont, Kimberly-Clark, Sherwin-Williams, Harley-Davidson and W.W. Grainger.

Inside Cuba, small businesses ramp up tourism offer

Communist Cuba's recent easing of red tape for private enterprise is improving services for tourists in provincial towns on the Caribbean island, with hundreds of new restaurants and lodgings opening up.

McDonald’s U.K. Gets Contactless Payments

Near field communications (NFC) chips will be implemented in Visa credit and debit cards and used for touch and go technology at McDonald's in the U.K.

A pedestrian walks with a shopping bag from a JC Penney department store in New York

JC Penney adds investors Ackman, Roth to board

J.C. Penney (NYSE: JCP) agreed to name William Ackman to its board of directors after the activist investor became the department store chain’s largest shareholder.

A currency dealer counts Kenya shillings at a money exchange counter in Nairobi

Kenyan shilling steady vs dollar, stocks dip

The Kenyan shilling ended unchanged on Monday against the dollar but is expected to come under pressure from end-month corporate dollar demand while stocks eased as investors sold off Kenya Power and Lighting.

ICBC to pay $140 million for 80 percent of U.S. retail bank

Industrial and Commercial Bank of China, the world's top lender by market value, will pay about $140 million for 80 percent of Bank of East Asia's U.S. unit, the two companies said on Sunday.

Logitech Designs A Mouse For Soft Surfaces

Logitech says the mouse can be used on couches, pillows and beds.

Gold & Silver Prices Hit New 2-Month Lows, Bumpy Ride in 2011 as Short-Term Sentiment Changes

By lunchtime in London – and compared with New Year 2011's record highs – the Gold Price in Dollars stood 6% lower, in Euros 7.5% down, and in British Pounds nearly 9% lower.

Snow hits UK retail sales

UK retail sales slid 0.8 per cent in December as food, petrol and clothing sales remained under pressure and the adverse effects of the snow dented high street spending.

Apple Said to Double iPad 2 Resolution

Apple could increase the resolution of its next-generation iPad (iPad 2) in a move that would put Apple far ahead from the reach of its competitors.

A vendor arranges vegetables at a market in Lucknow in this May 6, 2010 file photo.

Possible solutions to high food inflation

India's food inflation eased for the second straight week due to lower fruit and vegetable prices, data showed on Thursday, but an acceleration in headline inflation in December is likely to put pressure on the central bank to raise rates at a policy review next week.

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