Asian markets rose Tuesday amid hopes that policy makers in Europe would take measures to stem the debt crisis and regain the economic growth momentum.
Stock markets in Japan advanced for the first time in five days Tuesday, bouncing up on bargain hunting after recent sharp sell-offs.
India's BSE Sensex rose Tuesday, tracking positive cues from other Asian markets and following recovery staged by the rupee.
China's services activity in May grew at the fastest rate in 19 months, according to the HSBC Purchasing Managers Index released Tuesday.
Gold edged up Tuesday as oil and equities gained ahead of emergency talks by the Group of Seven leading industrialized powers, which will discuss the deepening problems in the euro zone that threaten to spur a global economic meltdown.
The P180 Avanti II is striking. Even stationary on the tarmac, the plane from Italian aerospace company Piaggio Aero looks like it will rise into the air with the slightest breath of breeze, a magnificent Roc ready to take to the skies and transport its travelers to wondrous lands, or the Essex County Airport in Caldwell, New Jersey, in other circumstances.
Lloyd Blankfein, the chief executive of Goldman Sachs Group Inc, told jurors at the insider-trading trial of one of the investment bank's former directors that all parts of a 2008 board meeting the two attended were confidential.
Brazil's oil regulator announced Monday it could affix a fine Chevron Corp., would have to pay for a November oil spill off the coast of Rio de Janeiro by this summer.
The American Petroleum Institute and America's Natural Gas Alliance are criticizing the U.S. Environmental Protection Agency's most recent natural gas emission estimates and suggest actual industry emissions are half what federal regulators say.
Stocks have wiped out their year-to-date gains. US payrolls are down while unemployment is up. Yields on high-demand government bonds are at record lows. Speculation abounds the US Fed might even print more money. Is it any wonder some are talking about gold?s rebound?
Jon Corzine, the former chief of MF Global and governor of New Jersey, could be the target of a possible lawsuit linked to the brokerage's bankruptcy and disappearence of $1.6 billion in client funds.
Peru's Supreme Court has approved the United States extradition request for Joran van der Sloot, the man suspected in Natalee Holloway's disappearance,. but the Dutchman must first serve out his 28-year prison sentence, according to the Associated Press.
The 1,500-mile-long Reef, off the coast of Queensland, was placed on UNESCO?s World Heritage List in 1981.
An increasing number of people are trying more ways to sneak money out of countries that are buckling under the weight of the world's almost daily financial crises.
Shares of AOL Inc. (NYSE: AOL), the No. 7 website, traded near their 52-week high Monday after activist investors Starboard Value Management won crucial backing to win seats on the board of directors.
It's been almost eight months since Apple released iOS 5, the most comprehensive update to its mobile operating system for iPhone, iPad, and iPod Touch. Now, in the weeks leading up to Apple's 2012 Worldwide Developers Conference (WWDC), insiders believe Apple will again announce a major update to its mobile platform and unveil iOS 6.
Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area.
Politicians, musicians and peace activists, among others, gathered at the National Park in the center of the capital to demand tougher punishment against rapists.
On Monday, Hawaiian Airlines will fly into its first major market on the East Coast, New York City, expanding its reach across the United States.
Could Apple (Nasdaq: AAPL), the world's most valuable technology company, be getting a new jolt from the burgeoning China market, its second largest?
Chinese oil company CNOOC said the localsubsidiary of U.S. oil company ConocoPhillips is cleaning up a small and contained oil spill, on the site where a much larger spill occurred last year.
Last week thousands of retirees were suddenly faced by what for many would be the largest financial decision of their lives when both Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) announced they would launch immense pension buyout plans unprecedented in the United States.
Ford Motor Company (NYSE: F) is considering launching local China-only brands as it continues to try and bolster its own brand in the largest global auto market, according to Reuters Monday.
She will journey to Georgia on Tuesday, travel to Azerbaijan on Wednesday, and then move on to Turkey.
The euro has one advocate: billionaire investor George Soros, who said in a speech that he expects the currency to survive with the aid of Germany.
Portugal will give ?6.6 billion ($8.2 billion) to its three largest banks to help them beef up their balance sheets. Receiving the capital injection are two private banks, Banco Comercial Português and Banco BPI, and state-owned Caixa Geral de Depositos.
The number of people in Spain claiming jobless benefits declined slightly in May by 30,113, the country's Labor Ministry announced on Monday. The drop was small compared to the decline in claims of 80,000 in May of last year.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, set a record low after the influential research firm Bernstein started coverage with an ?underperform? rating.
Eurozone producer price inflation was flat in April and gained 2.6 percent on the year, Eurostat reported on Monday. Economists had expected a 0.2 percent increase and an increase of 2.7 percent on the year.
Samsung announced Monday that it would launch Galaxy S3 with AT&T, Sprint, T-Mobile, Verizon Wireless and US Cellular starting in June.
