Kenya's central bank raised on Monday its discount window rate to 11.34 percent from 6.25 percent previously, a posting on its website showed, after it revised its overnight lending rules last week.
S&P published a report today that shows how its ratings downgrade of America?s debt is affecting bond spreads, issuance volume, and the corporate default rate.
Tanzania's inflation rose for the ninth successive month in July on the back of higher food and energy costs and analysts said it was set to keep rising due to a poor supply outlook for staple foods and the cost of importing oil.
One analyst says Amazon would do well by offering a low price tablet competitor to the iPad.
Time Warner Cable Inc. said Monday it will pay $3 billion in cash for cable operator Insight Communications Co. Inc., which has more than 750,000 customers in Indiana, Kentucky and Ohio.
The union says health care is not the issue in the Verizon strike. A local union president says Verizon is attempting union busting.
Critics have chided President Barack Obama for his economic reforms, which they view as too big, or too liberal. The reality is however, that if Obama's reforms don't stand, and the economic/social problems are not addressed, an even more-liberal public official will likely emerge to propose and enact bigger changes.
Silver prices and the shares of silver mining companies rose Monday along with the price of gold and the broader U.S. stock market.
Poland became the third most active retail investment market in Europe in the first half of 2011, with $1.73 billion transacted.
Shortages of steel raised fears that the automobile industry would suffer production cuts and might have to lay off significant numbers of their own workers.
After Motorola, could RIM, Sony or Nokia tempt a bidder?
The discovery of over a dozen fake Apple stores in a single city of China may suggest the total volume of unauthorized stores across the country most notorious for counterfeited products.
The Swiss franc dropped to two-week lows against the euro and dollar on Monday on speculation the Swiss National Bank could further act to curb strength in the currency by setting an exchange rate target as early as this week.
Defense lawyers argue that Anthony served probation while in jail.
The second half of 2011 holds juicy opportunities for Apple to leap in its sales.
The California-based technology giant is reportedly prepared to unleash as many as 56 million iPhones, of which more than half are the much-anticipated iPhone 5.
Tanzania plans to conclude negotiations with mining companies early next month to allow the government to raise royalty payments on gold exports to 4 percent from 3 percent.
Google's $12.5 billion acquisition of Motorola Mobility sent shock waves through the industry, while reviving a few slumping technology companies.
Gold prices eased for a third session on Monday as stock markets and cyclical assets such as industrial commodities continued to recover from a rout they suffered early last week, diverting investment away from the precious metal.
The economic mess that America faces isn?t because of "extraordinary" tax breaks for high-net-worth Americans; it's the result of decades of social welfare programs that have created a permanent, self-perpetuating welfare state.
After being pushed into a corner by the Rockstar consortium which acquired a portfolio of 6,000 patents from Nortel Networks, Google has upped the ante in the smartphone arena by acquiring Motorola Mobility for $12 billion.
The following is a statement from Edwin D. Hill, International President of the International Brotherhood of Electrical Workers (IBEW) regarding recent developments in the strike against Verizon.
Gold and silver prices rose Monday in early U.S. trading as Europeans bought unusually large volumes of the yellow metal.
Virtually all strikers are from the company?s struggling wireline division.
Research in Motion launched a new, free online management system intended for small businesses on Monday.
Commodities saw volatile movement last week, driven by intensifying talk of U.S. double-dip recession, spreading of sovereign crisis from the European periphery to core economies, speculations of U.S. Fed's easing measures, and supportive macro-economic data.
Production of ?The Lone Ranger? canceled over budget woes.
Lowe's Cos Inc (LOW.N) reported weaker-than-expected quarterly sales and cut its fiscal-year outlook for the second time in three months as homeowners put off big renovations in an anemic U.S. economy.
Google bought Motorola Mobility for $12.5 billion to bolster search and add platforms in the competitive smartphone world. Could retail stores be next?
The head of a 7-year-old, physically challenged boy was found on the roadside in front of his house in Thibodaux, Louisiana.
Google Inc said it will buy phone hardware maker Motorola Mobility Holdings Inc for $12.5 billion in cash to bolster the adoption of its Android mobile software.