Gold futures surged on Thursday, nearing a record high of $970 an ounce causing the dollar to continue its fall against the euro and boosted the precious metal's appeal as an inflation hedge.
Gold and silver futures rose after a report showed U.S. producer prices rose more than expected last month, increasing the appeal of the precious metals as a hedge against inflation.
Gold futures rose to a new record of $958.40 an ounce on Thursday on a weakening dollar which boosted the metal's appeal as an inflation hedge. Platinum and silver also hit new record highs.
Third place U.S. wireless carrier Sprint Nextel may introduce unlimited voice service for as slow as $60 per month to counterattack a wave of new plans charging $99, analysts say.
Lactalis McLelland has admitted its role in a diary price fixing scandal in which top supermarket chains and diary producers stand accused of colluding to fix the retail price diary products.
Tesco Plc has announced that it will be giving it's largest ever share payout of £175 million, to 51,000 of it's employees who are part of its Save As You Earn share scheme which allows Tesco employees to buy shares in the company at a discounted price.
Gold futures surged to its new record price on Thursday after earlier rallies on news of an interest rate cut, led by global supply and demand concerns.
Gold and platinum prices surged to new records on Friday on deteriorating electricity shortages in South Africa, a top producer of the precious metals, increased the supply demand.
China's bid to end fuel shortages only a temporary cap on the problem
California faces a double-digit fall in housing prices over the next year and a half, a major builder, a lender and the state treasurer said on Monday in a discussion of how long the subprime mortgage crisis would drag on the Golden State.
Price comparison sites risk misleading consumers and should be governed by a code of practice, an independent body says. It would aim to ensure that such services display up-to-date information, disclose how much of the market they cover and are transparent in the commercial relationships they have with product providers.
In the market for a new video iPod? Head to Hong Kong or, if Europe-bound, stop off in Switzerland. But best avoid Brazil.
NTT DoCoMo Inc, Japan's biggest mobile phone carrier, said on Wednesday it is considering new pricing systems that would cut calling charges and raise handset prices.
The upstart airline has halved ticket prices on some routes and could impact rivals' profits.
The Consumer Price Index (CPI) is expected to rise by 4.6 percent this year and by around five percent in the first half of 2008, according to a forecast by the Research Bureau of the People’s Bank of China.
Apple Inc on Wednesday said the company was cutting the price of its iPhone and was on track to sell one million phones before the end of September.
The stock market is swinging but there are no signs the rich are buckling their Pradas.
'A number of executives just below board level' and not covered by a plea deal announced last week are to be identified.
Zimbabwe authorities ordered businesses on Thursday to stop selling basic goods in bulk to avert shortages after an official price freeze triggered a frenzied buying spree that has emptied most shop shelves.
Europe's plan to limit greenhouse gases by creating a carbon market may fall short. Dirty coal is cheaper than oil.
Blackstone Group LP units slid 5.2 percent on Tuesday, closing below the $31 price the private equity giant fetched in its initial public offering last week, as investors fretted the private equity boom may have peaked.
Apple Inc. (NASDAQ: AAPL) and AT&T (NYSE: T)announced on Tuesday three new service plans for the much anticipated iPhone, ranging from $59.99 to $99.99.