Online games maker Zynga Inc is expected to make a strong debut on the Nasdaq stock exchange on Friday after it priced its initial public offering at the top end of a preliminary range but did not increase the size of the $1 billion deal.
Torex Gold Resources said it signed long-term lease agreements with land holders for construction and mining at its Morelos gold project in Mexico, paving the way for commercial production at the site.
The Swiss franc and investments in gold will no longer provide investors with safe harbor from market turmoil and the eurozone debt crisis, UBS AG's investment chief told the Swiss bank's client in a letter on Friday.
Wall Street stocks were set to open higher on Friday as investors were more attracted to risk assets, with the euro higher and key euro zone bond yields down.
Consumer prices were flat in November as Americans paid less for cars and gasoline, a further sign of a cooldown in inflation that could give the Federal Reserve more room to help a still-weak economy.
Talks are progressing on private bondholders' contribution to Greece's international bailout but there is no guarantee they will lead to a voluntary deal involving the bulk of its creditors, a senior troika official said on Friday as EU, IMF and ECB inspectors wrapped up a one-week visit to Athens.
Talks on a Greek debt swap deal are making progress but there is no guarantee they will lead to a voluntary deal with a high level of participation by private bondholders, a senior troika official said on Friday as EU, IMF and ECB inspectors wrapped up a one-week visit to Athens.
Stock index futures rose on Friday in thin volume as key euro zone bond yields eased ahead of the release of U.S. inflation data.
Scarce dollar funding and a retrenchment in bank lending will force up premiums for emerging market countries and companies refinancing debt next year, adding to strains on public finances and potentially triggering a surge in corporate defaults.
Italy's government easily won a confidence vote on its tough austerity package on Friday, the first step in parliamentary approval for sweeping measures aimed at saving the euro zone's third-largest economy from financial disaster.
Stock index futures pointed to a higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 rising 0.3 to 0.6 percent.
Global stocks and commodities, including much-battered gold prices, rose Friday on fresh evidence that neither Eurozone troubles nor Asian weakness are deterring U.S. economic growth.
Japan signaled plans to strengthen disclosure rules on mergers and acquisitions after a $1.7 billion accounting fraud at Olympus Corp, one of the nation's worst corporate scandals, which involved a series of shady deals.
Italy's government faces a confidence vote in parliament on Friday, called to speed up approval of a 33-billion euro ($43 billion) austerity package intended to restore financial market confidence in the euro zone's third largest economy.
The Beijing city government announced on Friday users of popular Chinese microblogging sites like Sina's Weibo must register with their real personal information and have three months to comply.
LightSquared's prospects for getting its wireless network off the ground were dealt another blow this week as U.S. government tests found that the signal of the telecom startup would cause harmful interference to a majority of GPS devices.
A top U.S. Federal Reserve official on Thursday defended the central bank's decision to provide dollars for overseas banks stressed by Europe's debt crisis, saying the action was needed to protect the U.S. economy.
Accenture Plc posted strong quarterly results but the technology outsourcing and consulting company's cautious view of the second quarter amid the worsening global economy sent its shares down after market.
Is now a good time to consider the stock of AutoZone (AZO)?
Fitch Ratings on Thursday downgraded six global banks as part of its review of the ratings of the world's largest financial institutions.
The top U.S. market regulator is appealing a judge's rejection of a major Citigroup Inc civil securities fraud settlement, according to court papers filed on Thursday.
No country is immune from an escalating euro zone crisis and each one must act to head off the risk of a global depression, the head of the International Monetary Fund said on Thursday.
The whistleblower in Japan's Olympus Corp scandal, ex-CEO Michael Woodford, blasted Japanese shareholders on Thursday for failing to stand up for him, amid signs that domestic and foreign investors are split over his campaign to be reinstated.
The number of Americans filing new claims for jobless benefits fell to a 3-1/2-year low last week and factory activity in parts of the Northeast gained speed in December, suggesting a further strengthening of the economic recovery.
Bill Gross's PIMCO Total Return Fund, the world's largest bond fund, keeps shrinking as investors look to put their money with some of his competitors.
What's one good short-hand for U.S. investors concerning whether the U.S. economic recovery can endure? Keep an eye on price of gasoline.
Diamond Foods Inc said the Securities and Exchange Commission has launched a probe into its accounting of payments to walnut growers, raising concerns of further delays to its deal to acquire Procter & Gamble's Pringles business.
FedEx Corp beat its quarterly profit forecasts and is updating its fleet with fuel-efficient Boeing aircraft while delaying delivery of other new planes to cut overall costs, driving its shares up nearly 8 percent.
Standard & Poor's cut the credit ratings of 10 Spanish banks on Thursday and said they remained on watch for a possible further cut subject to a review of Spain's sovereign rating.
Credit Agricole will stop trading commodities and will also slash its financing of the multi-billion-dollar market, the most sweeping commodity cuts yet among European banks strained by the euro zone crisis.
