Although gold sells in spot markets for roughly $1300/oz, total production costs usually meet or exceed that, said Citi analysts.
Depressed retail sales in Greece reveal more “recessionary signals” from the debt-ridden economy, according to one Greek analysis site.
The unexpected fall cast doubt on the region's recovery and all but ensures an extension of the ECB's ultra-loose monetary policy.
Fears of a government shutdown, weakening inflation data in Europe and underperforming factories in China lowered investor sentiment.
Output in China's manufacturing sector improved and foreign demand increased for the first time in six months, in September.
The reduction in force at the Munich-based diversified-machinery firm will be in the area of 4.08 percent.
Watch Orbital Sciences' Cygnus spacecraft rendezvous with the International Space Station on Sunday, Sept. 29, beginning at 4:30 a.m. EDT, 1:30 a.m. PDT, here.
The House GOP met on a Saturday to discuss their plan to hash out terms for a bill to avoid a government shutdown.
Wise investors should keep one eye on U.S. budget / debt talks in Washington and one on the price of oil.
With five satellites in orbit, Nigeria is becoming a force through its growing space program.
Platinum miners in South Africa face layoffs as one of the largest mining companies looks to cut its payroll.
After her text-breakup revenge story went viral, a Washington gadabout saw her memoir critically savaged. Should Amazon care?
U.S.-based Domino’s has double the market share of almost any other foreign fast-food operator in India.
Pension fund trustees representing city labor unions consistently outvoted the rest of the trustees to give various bonuses and supplemental payments.
What goes up must come down: Economists say gold prices will lose lift next year.
Nineteen Chinese provincial governments collected $2.7 billion in baby fines last year.
Football's golden boy, Lionel Messi, and his father deny tax evasion charges that could put the star athlete behind bars if he's found guilty.
The all-cash deal for payment service company Braintree could give PayPal an edge over its rivals in a growing sector.
A report on consumption and spending trends will be watched for an understanding of the nation's economic health.
In its first auction on Thursday, Christie’s sold goods worth $25 million.
In the past week, the cost to insure U.S. government debt has increased greatly, amid the battle over raising the debt ceiling.
The struggling department store chain seems to be seeking to boost its cash reserves.
Nike Inc., Facebook Inc., Accenture and BlackBerry are stocks to watch in after-hours trading on Thursday.
This U.S. labor abuse case undermines common claims by employers they need guest workers because locals won’t do the jobs.
With banks rejecting more people than ever for mortgages, what do you need to consider before applying for one?
Users of Google’s Gchat service were startled late Wednesday when their private messages were sent to the wrong recipients.
Knight Trucking is willing to pay up to buy USA Truck.
Goldman Sachs analysts wrote that markets seem less fearful about looming government dysfunction than they were in previous years.
According to an economic analyst, you should brace yourself for "pathological speculative activity and rapid balance sheet expansion."
Kenya, Nigeria, South Africa, Botswana and Zambia are among the African nations adjusting to the continent's surge in Islamic banking.