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A man from South Sudan displays new currency notes outside the Central Bank of South Sudan in Juba

South Sudan: Corruption Threatens Nascent Economy

South Sudanese President Silva Kiir is pleading with 75 government officials to return $4 billion in stolen public money.

GM's China Sales In May Climb To Record

General Motors Corp. (NYSE: GM) and its joint ventures in China sold a record number of vehicles last month as demand jumped more than 20 percent from the year-earlier level.

Euro Zone To Fall Into Recession In 2Q, But Will ECB Ride To Rescue?

The euro zone avoided recession with zero growth in the first quarter, but it seems to have run out of luck. Recent data out of the single currency bloc has led economists to conclude with confidence that a recession is looming and the European Central Bank may not act Wednesday.

Pedestrians walk past Sweden's Riksbank building in downtown Stockholm

Euro Crisis Forcing Central Bankers Outside Euro Zone Into Uncomfortable Stances

Massive movements of capital during the latest occurrences of the European financial crisis have forced central bankers into the role of circus contortionists: bending into positions in order to maintain their stated policy targets. And their antics are not being bought by all, with some wagering that these bankers' next attempts will result in a broken back or two.

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French Unions, Hollande Brace For Huge Wave Of Layoffs

Bernard Thibault, the secretary of the Communist-backed Confédération Générale du Travail, one of France's largest unions, warned that at least 45,000 jobs (and maybe as many as 90,000) will be jettisoned by some 46 companies.

Pre-Market Movers (Rimage Corp, Zynga, Starbucks, Facebook, RADVISION, SAP, Deutsche Bank)

Among the companies whose shares are moving in pre-market trading Tuesday are: Rimage Corp, Brookfield Asset Management, Zynga, RADVISION, Starbucks, PT Telekomunikasi, Facebook, Deutsche Bank and SAP AG.

Air India Gets Cash Boost Of $215 Million To Pay Salaries, Dues

In an effort to revive the debt-ridden Air India, the government pumped in Rs. 1,200 crore ($215 million) as equity on Monday, to be put to use in paying employee salaries and vendor dues.

Samsung Galaxy S3 Preorders Announced By AT&T, Price Starts At $199.99 Beginning June 6

After Samsung announced Monday about the launch of its flagship Galaxy S3 smartphone in the US with AT&T, Sprint, T-Mobile, Verizon Wireless and US Cellular starting this month, AT&T has confirmed the arrival of the handset over the next few weeks with preorders beginning June 6 in company-owned stores and online.

Big Data? Vast Majority Isn?t Prepared, New Survey Shows

Global enterprises are aware of the coming of so-called ?Big Data,? or the trillions of bytes of electronic data flowing through the Cloud and Internet.

Oil Futures Hover Below $84 Per Barrel

Crude oil futures hovered below $84 a barrel Tuesday as concerns over the euro zone debt crisis continued to weigh on the sentiment.

United States Money Printing Plates, Museum Of American Finance, New York

US Economists Warn The Fed Is Setting Us Up For Deflation

Home prices are stagnant, crude oil is tumbling and copper has fallen to a seven-month low. Inflation is not the problem. What is the problem is inflation's evil twin, deflation.

Drinking Without Permit in Maharashtra Can Cost You Rs 50,000

A 63-year-old prohibition law requiring every adult above the age of 25 to get a drinking permit exists in Maharashtra but it's never been taken seriously - until the rave party hogged media headlines. Individuals caught drinking without a permit could be fined 50,000 rupees or jailed for five years.

Traders work on the floor of the New York Stock Exchange

US Stock Futures Point To Slightly Higher Opening Tuesday

Futures on major U.S. indices point to a slightly higher opening Tuesday ahead of the nonmanufacturing composite index report, as well as a teleconference among G7 leaders.

China, Hong Kong Shares Advance On Improved Services PMI

Stock markets in China and Hong Kong advanced Tuesday after data showed that the China's services industry expanded at its fastest rate in 19 months in May.

Woman walks past stock quotation board outside brokerage in Tokyo

Asian Markets Rise Amid Hopes For Euro Zone Stimulus Measures

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.

Japanese Shares Gain On Bargain Hunting; Topix Rises 1.73%

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 Sensex Rises Following Asian Cues, Rupee Recovery

India's BSE Sensex rose Tuesday, tracking positive cues from other Asian markets and following recovery staged by the rupee.

Chinese one yuan coins are placed on 100 yuan banknotes in this illustrative photograph taken in Beijing

China Services Activity Improved In May: HSBC PMI

China's services activity in May grew at the fastest rate in 19 months, according to the HSBC Purchasing Managers Index released Tuesday.

Gold Ticks Up Before Emergency Euro Conference

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 Piaggio Aero P180 Avanti II in flight.

Piaggio Aero P180 Avanti II: Too Much Private Plane Or Just Right?

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.

Blankfein, At Gupta Trial, Tells Jury About Goldman Board Confidentiality

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.

An aerial view shows oil that seeped from a well operated by Chevron in the Frade Field, which is located off the coast of Rio de Janeiro.

Brazil To Fine Chevron For November Oil Spill By July

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.

A gas drilling site on the Marcellus Shale is seen in Hickory, Pennsylvania.

Oil And Gas Industry Group Says EPA Is Wrong On Methane Emissions

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.

Does Friday?s Panicked Gold Rush Indicate A Gilded Rebound?

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 May Face Lawsuit In MF Global Inquiry

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 Court Approves Joran van der Sloot's U.S. Extradition, But After He Serves Prison Sentence

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.

Australian Coal and Gas Projects Threaten Great Barrier Reef: UNESCO

The 1,500-mile-long Reef, off the coast of Queensland, was placed on UNESCO?s World Heritage List in 1981.

Sneaking Your Money Across Borders: Capital Flight On The Rise

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.

AOL Dissidents Get Big Boost; Shares Near High

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.

Apple iOS 6 Features: Breaking Down The Rumors Before WWDC 2012

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.

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