The euro fell to a six-week low against the yen on Thursday and Asian stocks were subdued after an unsuccessful German bond sale raised alarm that Europe's ever-worsening sovereign debt crisis is starting to affect even the continent's economic powerhouse.
U.S. consumer spending growth slowed in October and business capital investment plans were weak, raising questions about expectations for solid economic performance in the fourth quarter.
Ever wondered what the U.S. economy might look like should there be another Lehman Brothers-style bank collapse? Well, it would not be pretty.
Sustainable economic growth is one of the key questions facing economists today, especially when it comes to developing countries.
Stocks tumbled about 2 percent and were on track for a sixth straight day of losses on Wednesday as frustration over the euro zone debt crisis coupled with weak Chinese factory data sank sentiment.
Microsoft, the world’s biggest software company, may be preparing for a renewed bid for troubled search engine Yahoo. Microsoft’s $44.6 billion bid for Yahoo was rejected in 2008.
Chinese group Minmetals Resources has extended its $1.3 billion takeover offer for Africa-focused Anvil Mining to December 9, to allow more time to resolve a dispute over contracts with Congo which threatens to scupper the whole deal.
Johannesburg stocks fell to their lowest close in a month on Wednesday, as weak Chinese factory data sparked concerns about demand from the world's second-largest economy, hitting miner Assore and luxury good maker Richemont.
Stocks tumbled again on Wednesday, leaving the benchmark S&P 500 on pace for a sixth straight decline as frustration with the euro zone's debt crisis coupled with weak Chinese factory data sank investor sentiment.
Consumer spending growth slowed in October and business capital investment plans were weak, raising questions about expectations for solid growth in the fourth quarter.
Stocks tumbled again on Wednesday, leaving the benchmark S&P 500 on pace for a sixth straight decline as frustration with the euro zone's debt crisis coupled with weak Chinese factory data sank investor sentiment.
Deere & Co reported a 46 percent rise in quarterly earnings and projected substantial growth for 2012 amid strong global farming conditions and higher prices, sending its shares higher in an otherwise weak stock market.
Stocks fell about 1 percent on Wednesday, putting the S&P 500 on track for a sixth straight losing session as the euro zone crisis and weak Chinese data weighed on sentiment.
Renewable energy technology is becoming increasingly cost competitive and growth rates are in line to meet levels required of a sustainable energy future, the International Energy Agency (IEA) said in a report on Wednesday.
Stock index futures pointed to a lower open on Wednesday, putting the S&P 500 on track for a sixth straight losing day as the euro zone crisis and weak Chinese data weighed on investor sentiment.
Stock index futures were lower on Wednesday as worries about the euro zone crisis and weak data from China weighed on investor sentiment, putting the S&P 500 on track for a sixth day of losses.
Vietnamese refugee Hao Truong was reunited with his son at Rochester International Airport in Rochester, N.Y., after 34 years of being separated following a pirate attack off the coast of Vietnam.
Dreamworks Animation SKG Inc, producer of hit movies such as Kung Fu Panda, is in talks to set up a joint venture studio in Shanghai as early as January next year to produce animation and design theme parks, Caijing Magazine reported, quoting government sources.
Gold prices fell Wednesday on negative economic news from China and Europe and concerns that the U.S. economy is barely advancing.
Republicans faced off in a national security-themed debate at Constitution Hall in Washington D.C. and broadcast on CNN. The gathering did little to change the dynamic of a race that has seen a carousel of candidates tested as a possible better-option to former Massachusetts Gov. Mitt Romney.
China's factory sector shrank the most in 32 months in November on signs of domestic economic weakness, a preliminary PMI survey showed, reviving worries that China may be slipping toward a hard landing and fuelling fears of a global recession.
Stock index futures pointed to a weaker open for equities on Wall Street on Thursday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.5 to 0.8 percent.
