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The Reign of Spain Falls Mainly on Wall Street

Stocks declined on Friday after downgrades of Spain's and Italy's credit ratings underscored worries about the European debt crisis, overshadowing better-than-expected U.S. jobs data.
Apples and Flowers from New York

Steve Jobs' Agony and Ecstasy to Hit NY Stage

A new play about Steve Jobs, the public's love affair with the devices he created, and the human cost of creating them, will go ahead next week despite his death, theater representatives said on Thursday.
Gold Bars

Gold Headed for Biggest Weekly Gain in a Month

Gold headed up Friday for its biggest weekly gain in a month as equities regained strength after fresh European efforts to resolve the debt crisis eased worries about a global recession, while purchases from jewelers offered additional support.
Steve Jobs

iJob Well Done: World Media Pay Tribute to the 'Last Great Tyrant'

The United States claimed Steve Jobs as one its national heroes, but the rest of the world loved him too much to let him go down in history as just an American genius. The outpouring of heart-felt grief across the world over his death was encapsulated by global media that tried to put Jobs' place in history in perspective. Here is a glimpse into how global media looked at Steve Jobs and his legacy:
Gold bars at the Korea Gold Exchange

Gold Set for Big Weekly Gain

Gold headed for its biggest weekly gain in a month Friday as equities regained strength after fresh European efforts to resolve the debt crisis eased worries about a global recession, while purchases from jewelers offered additional support.
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US Energy Loans Official Leaves in Wake of Solyndra

The Obama administration said on Thursday its top energy loans official was stepping down, following a widening probe into the embarrassing collapse of a solar panel company that got $535 million in federal support.
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Europe flounders, Russia ready for new crisis: Putin

Russian Prime Minister Vladimir Putin, preparing for a return to the Kremlin, urged Europe on Thursday to deal resolutely with its sovereign debt crisis and said Moscow was better prepared to cope than it was before the global crash of 2008.
A security guard walks past a shipment of copper in a file photo.

Zambia lifts metal exports ban after two days

Zambia has lifted a ban on metal exports, just two days after imposing it to sort out irregularities and increase transparency in Africa's top cooper producer, a minerals ministry official said on Thursday.
Gold bar

Gold Off after ECB Leaves Interest Rate Alone

Gold fell in choppy trade on Thursday after the European Central Bank held off flagging an imminent cut in interest rates, deflating an earlier rally in assets seen as higher risk, such as equities and the euro.
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Stocks up on Europe optimism, credit tightens

European stock index futures rose on Thursday, after short-covering and value-hunting lifted Asian shares on optimism that euro zone leaders are acting to aid the bloc's financial sector and U.S. data suggesting the economy could avoid recession.
Models present creations by Lebanese designer Elie Saab as part of his Spring/Summer 2012 women's ready-to-wear fashion collection show in Paris

No Somber Mood Allowed on Paris Catwalks

Paris Fashion Week ended like it started with a positive and relaxed spirit and a skillful bow by Lebanese designer Elie Saab with a glamorous 1970s collection for next summer inspired by the American TV series Charlie's Angels.

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