Gold prices held steady on Thursday, as optimism for a solution to the Eurozone crisis underpinned sentiment, while tight physical supply in Asia continued to lend support.
Italy was set on Thursday to test fragile investor confidence in the euro zone's ability to heal its debt problems, with a sale of bonds, while weaker Chinese trade data acted as a reminder of broader economic problems.
China's trade surplus narrowed for a second straight month in September, as both imports and exports were lower than expected, reflecting global economic weakness and domestic cooling that will deepen policy quandaries facing Beijing.
Thousands of small business owners launched an online protest against Taobao Mall, a unit of China's Alibaba Group, over a fee hike that they claim puts them at a disadvantage to bigger businesses, the official Xinhua news agency reported.
Asian shares rose on Thursday on growing optimism that Europe will take concrete steps to contain the region's debt woes and head off a systemic banking crisis, but European equities were seen weaker as credit problems fueled growth concerns.
China's trade surplus narrowed in September for a second month in a row as growth of exports and imports both fell below forecasts, reflecting global economic weakness and offering Beijing ammunition to resist U.S. pressure on the yuan.
Google Inc's plans to acquire Motorola Mobility Holdings Inc and the health of its advertising business will be in the spotlight when the Internet search leader reports quarterly results on Thursday.
A group representing operators of automated teller machines filed a lawsuit against Visa and MasterCard alleging that the credit and debit card issuers violated antitrust laws by fixing the price of ATM access fees.
New Mexico's state pension fund is sticking with embattled hedge fund manager John Paulson for now even as his main portfolios suffer their worst-ever losses.
Facebook executive and eBay Inc board member Katie Mitic unveiled a partnership between the two companies designed to create a new crop of e-commerce applications with social networking features.
EBay Inc Chief Executive John Donahoe gave a positive outlook on Tuesday in the face of slowing economic growth and early signs of a weak holiday shopping season.
Robert Galvin, 89 -- a long-time chief executive of Motorola, the telecommunications company that created the first cellphone -- has died.
AOL Inc CEO Tim Armstrong has been meeting with top shareholders in the past couple of weeks to push the idea of a sale to Yahoo Inc that could wring up to $1.5 billion of cost savings, according to sources with knowledge of the discussions.
Federal Reserve officials discussed the possibility of launching a fresh round of bond purchases before deciding last month on a more limited step to aid the economy, minutes released on Wednesday showed.
When lawyers for former hedge fund tycoon Raj Rajaratnam raised his failing health in advance of his sentencing on insider trading, they were following a familiar playbook in prominent white-collar cases.
Bill Gross, manager of the world's largest bond fund, ramped up buying of mortgage-backed securities in September on the likelihood the Federal Reserve's reinvestment program in those securities will boost prices significantly.
Will the release of the iPhone 4s to Sprint (S) spark a renaissance in the wireless sector, including for longstanding iPhone carrier Verizon (VZ)?
News Corp and Discovery Communications have been flagged as two of the top 10 riskiest American companies based on a new gauge that looks at weak corporate governance, accounting red flags and high leverage.
Losses for private investors on Greek debt in the second financing package for Athens are likely to be between 30 and 50 percent, rather than the earlier agreed 21 percent, euro zone officials said on Wednesday.
Herman Cain is ahead of Mitt Romney in several recent polls. But can he sustain that lead, or is he just another candidate du jour? Political experts say a Cain nomination is unlikely.
Facebook executive and eBay Inc board member Katie Mitic unveiled a partnership between the two companies designed to create a new crop of e-commerce applications with social networking features.
U.S. stocks rose on Wednesday as Europe's progress toward bolstering its financial rescue fund brought more battle-weary investors back into the market.
The United States will use a finance ministers' meeting in Paris this weekend to ratchet up pressure on Europe to deal with its debt crisis swiftly before it derails a fragile global recovery, a top U.S. Treasury Department official said on Wednesday.
Google Inc's search market share remains stable as it gains market share on the search monetization front, Global Equities Research said and raised its price target on the Internet giant's shares to $700 from $650.
Lehman Brothers Holdings Inc suffered its first loss in the firm's effort to win back portions of upfront bonuses paid to former brokers, according to regulatory documents released on Wednesday.
Venture capital firm Benchmark Capital has selected Salesforce.com's Craig Weissman as its new entrepreneur-in-residence, demonstrating a continuing interest in technology surrounding big data and the cloud.
U.S. stocks jumped 1 percent on Wednesday, pushing the Dow into positive territory for the year, as the euro-zone rescue fund was set to get approval from all EU members.
U.S. stocks extended their recent rally on Wednesday, with the S&P 500 on track for its sixth winning day in the past seven as the euro-zone rescue fund was set to get approval from all EU members.
The number of jobs waiting to be filled fell in August, underscoring the pain in the labor market where millions of unemployed workers have been shut out of the economic recovery.
Stocks extended their recent rally on Wednesday, with the Dow industrials back in positive territory for the year and the S&P 500 briefly rising 2 percent as the euro-zone rescue fund was set to get approval from all EU members.
