2011 is shaping up as a race to the bottom for currency values, writes Harvard professor Kenneth Rogoff in today's Financial Times. No wonder gold has been so attractive.
The U.S. will contribute to a trust fund to help Yemen as it expands aid beyond counter-terrorism against Al-Qaeda to include aid for economic, social and political development, U.S. Secretary of State Hillary Clinton said on Tuesday.
Amazon's Infrastructure-as-an-offering (IaaS) the EC2, though synonymous with cost savings for businesses, is also gaining reputation as a potential tool in the hands of malicious code crackers.
Pork tainted with the highly toxic chemical dioxin may have been sold in Germany, authorities said on Wednesday.
The European Union's top economics official called on Wednesday for a strengthening of Europe's financial safety net as Portugal, widely seen as the next candidate for a bailout, returned to the market for funds.
Germany's economy rebounded last year at its fastest rate since reunification but the contribution of consumers to the recovery remained weak compared to booming corporate investment.
Portugal is likely to pay record high premiums to place debt on Wednesday, but recent bond buying by the European Central Bank should avert a dramatic rise in yields to levels that prompt the country to seek a bailout.
German economy, Europe's biggest and the only bright spot in an otherwise bleak euro zone fiscal scene, grew at an impressive rate of 3.6 percent in 2010, official data showed.
For the testing year ending June 30, 2010, European schools received more than 85,000 GMAT scores, marking an increase of almost 90 percent from 2006 numbers
Even before it launches the first passenger cars under its own brand at home, China's BAIC has set its sights on expansion overseas.
Euro zone finance ministers are likely to consider next week the option of raising the effective lending capacity of the currency bloc's rescue fund as part of efforts to calm sovereign debt markets, euro zone sources said.
Euro zone finance ministers are likely to consider next week the option of raising the effective lending capacity of the currency bloc's rescue fund as part of efforts to calm sovereign debt markets, euro zone sources said.
News Corp's MySpace is laying off nearly half its staff, setting the stage for a sale of the former Internet social networking leader as is it refocuses as an entertainment site.
Traders are talking about buying dips again, concurs a Hong Kong dealer, noting that Asia physical market remains very tight for Gold Bars. Reuters says the Hong Kong premium for wholesale Gold Bars over benchmark London prices today held at $3 per ounce, a near 30-month high.
News Corporation's MySpace is slashing its staff by nearly half, as the former Internet social networking leader recalibrates its operations as an entertainment website.
The roll-out of Elektra One with running engine first took place on November 22, 2010 at the Rotortec Company in Germany. This was followed by successful static tests on December 22 for the German Ultralight Certification.
British IT services provider Computacenter Plc said it expects full-year adjusted pretax profit to be towards the top end of the range of market expectations.
Portugal needs to take decisive political steps to calm international markets, Finnish Finance Minister Jyrki Katainen said on Tuesday.
Portugal needs to take decisive political steps to calm international markets, Finnish Finance Minister Jyrki Katainen said on Tuesday.
Stocks finished mixed, following a sell-off in Europe, on worries over Portugal possibly needing a financial bailout, ahead of the kick-off of the fourth-quarter earnings season.
Matthew Lynn, a business writer, gives a detailed explanation of this failure in his book Bust: Greece, the Euro and the Sovereign Debt Crisis.
The U.S. Consumer Product Safety Commission (CPSC) is setting up its first overseas office for consumer product safety after failing to persuade makers of defective Chinese drywall to compensate affected U.S. homeowners.