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Google Results Fall Short; Rare Miss Hurts Shares

Google Inc's quarterly results fell short of Wall Street's heightened expectations for the holiday season as declining search advertising rates contributed to a rare miss, triggering a 9 percent slide in its shares.
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Passers-by walk in front of a stock quotation board in Tokyo

Asian Shares Hit 2-Month Highs on IMF Bid to Aid Europe

Asian shares rose to a two-month high and the euro firmed Thursday after news that the International Monetary Fund was seeking to boost its resources to tackle the euro zone debt crisis helped ease worries about Europe's funding difficulties.
Visitors chat next to Ebay logo at CeBIT computer fair in Hanover

EBay Cautious in Short Run as Europe Weighs

EBay Inc gave a conservative quarterly sales forecast despite unveiling better-than-expected results, warning that a weak European economy may take the gloss off rip-roaring growth in online commerce.
German Economy Minister Roesler Unveils Economic Data

German Debt, Equity Investors Shrug Off Lowered Government Guidance on Economy

Early Wednesday morning, the German Ministry of the Economy cut its forecast for that country's economic growth to near-recessionary levels. The market could not care less: a benchmark index for the local stock market was up, a sale of the government's sovereign debt was reported as drawing record demand, and another report showed investors were growing more optimistic on German equities.
Farmers tiptoe into newly opened Canada wheat market

Farmers tiptoe into newly opened Canada wheat market

As some of the world's biggest grain traders fan out across Canada's Prairies to compete openly for farmers' wheat and barley for the first time since World War II, they're finding more farmers like Paul Balicki than Stephen Vandervalk.
A boat with rescue workers is seen near the Costa Concordia cruise ship that ran aground off the west coast of Italy, at Giglio island

Costa Concordia: List of Missing Passengers

Italian authorities released a list of 28 passengers still missing after the Costa Concordia cruise ship that capsized off the coast of Italy Friday, including a Minnesota couple named including a Minnesota couple named Barbara and Gerald Heil. .
An illustration picture shows a one Euro coin being melted by a smith in Skopje

Greek Woes Underpin Demand for German Debt

A German sale of 3.44 billion euros of two-year bonds saw strong demand on Wednesday as concerns over Greece led investors to stock up on safe-haven debt, while Portuguese treasury bills benefited from ample liquidity in the financial system.
Indian woman tries on gold jewelry

India's Bullion Traders Halts Fresh Orders

India's bullion traders stayed away from placing fresh orders after a nearly 90 percent hike in gold import duty was announced earlier this week, while China's gold purchases slowed down ahead of the Lunar New Year holiday.
A woman walks into a Citibank branch in New York

Analysis: In Citi appeal, who will speak for Rakoff?

Manhattan federal judge Jed Rakoff is certainly not shy about speaking for himself. In November, as you'll surely recall, Rakoff blocked a negotiated $285 million settlement between the Securities and Exchange Commission and Citigroup over mortgage-linked securities. To say Rakoff had harsh words for the parties would be the understatement of the year. He railed against the bank and regulators an...
TSX little changed, Kinross drop offsets China

TSX little changed, Kinross drop offsets China

Toronto's main stock index was slightly lower on Tuesday as losses from gold miners offset the impact of an early surge in commodity prices that were boosted by solid economic data from China and Germany.
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Wine websites get mixed reviews

Just as Amazon revolutionized the way books are sold and Groupon has conditioned shoppers to expect daily deals on services and foods, a cluster of websites have upended the stodgy world of wine.
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Online wine websites get mixed reviews

Just as Amazon revolutionized the way books are sold and Groupon has conditioned shoppers to expect daily deals on services and foods, a cluster of websites have upended the stodgy world of wine.
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NY Manufacturing's Growth Rate Rose in Jan - Fed

A gauge of manufacturing in New York State showed growth picked up in January, rising to the highest level in nine months as new orders and employment improved, the New York Federal Reserve said in a report on Tuesday.
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Siemens puts cost of nuclear exit at 1.7 trillion euros

Germany's exit from nuclear power could cost the country as much as 1.7 trillion euros ($2.15 trillion) by 2030, or two thirds of the country's GDP in 2011, according to Siemens , which built all of Germany's 17 nuclear plants.
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New York manufacturing growth accelerates in January

A gauge of manufacturing in New York State showed growth picked up in January, rising to the highest level in nine months as new orders and employment improved, the New York Federal Reserve said in a report on Tuesday.
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Analysis: Ditch the assumption developed economies are safe

LONDON, Jan 17 - The downgrade of much of Europe's credit ratings demonstrates in perhaps the bluntest terms so far the collapse of any lingering -- if lazy -- assumptions that developed states are somehow safer than emerging counterparts.
Picture illustration shows a one euro coin on a flat screen displaying exchange rates in Rome

Ditch the Assumption that Developed Economies Safe

LONDON, Jan 17 - The downgrade of much of Europe's credit ratings demonstrates in perhaps the bluntest terms so far the collapse of any lingering -- if lazy -- assumptions that developed states are somehow safer than emerging counterparts.
Demonstrators protest against Syria's President Bashar al-Assad

Russia Releases Amended Draft of Syria Resolution at UN

Russia has distributed a new draft resolution, on the Syria crisis, at the United Nations Security Council (UNSC). The draft was sent to the Council's 14 other members and has asked for concerned experts to meet on Tuesday to debate the provisions.

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