Gold prices fell Wednesday as stock markets in Europe posted gains from European Commission plans to push euro zone bonds and China's premier expressed support for struggling European countries.
Mining projects worth $260 million were approved in the first half of 2011, over triple the same period last year, the president of the country's chamber of mines said on Wednesday.
Gold eased on Tuesday, taking its cue from the decline on the stock market after a downgrade of the debt of two major French banks because of their holdings of Greek debt.
Spot gold reversed early gains and lost half a percent on Wednesday following sagging equities, after rating agency Moody's downgraded two of France's top banks and fueled fears of a full-blown banking crisis in the euro zone.
It doesn't do email, the internet, have a camera, games or GPS navigation, but a new mobile phone from Denmark is literally solid gold.
Microsoft unveiled Windows 8 at its Build conference in Anaheim today, demonstrating its operating system on PCs, laptops, and tablets. Will Microsoft finally be able to compete with Apple in the tablet space?
Add Ciena to the list of undervalued companies that have attracted activist investors. MIPS Technologies, Openwave Systems, Yahoo, Research in Motion and maybe Motorola Solutions to the ranks of endangered companies.
Star bond fund manager Jeffrey Gundlach and his inner circle plotted to destroy Trust Company of the West by forming a competing firm while they were still employed by TCW, a TCW attorney said in closing arguments in a trial over alleged theft of trade secrets.
Intel Capital, the in-house arm of the world’s biggest chipmaker, has seeded seven small companies in hopes they will swell into profitable ventures. The move comes a month after Intel announced its $300 million Ultrabook initiative for tablets and ultralight products.
The World Bank on Tuesday said it officially recognized the ruling National Transitional Council as Libya's government and had been asked to help lead efforts to restore vital services and develop jobs programs as the country tries to return to normal after a six-month war.
African farm yields may fall as much as 20 percent in the next four decades because of climate change, placing a huge burden on a continent whose population is set to double by 2050 to two billion people, a conference heard on Tuesday.
Tom Perkins, co-founder of Kleiner Perkins and the backer of companies ranging from Genentech to Google, believes much of the venture-capital industry has set itself up for failure.
Shareholders of U.S.-based Century Mining Corp. approved an all-stock takeover by Canada-based White Tiger Gold Ltd, Century said Tuesday.
Guinea is launching a comprehensive review of mining contracts to root out 'unconscionable provisions' granted by previous administrations in the West African state, Mines Minister Mohamed Lamine Fofana told Reuters.
Oil prices have been flattening since rallying in August.
Gold rose Tuesday as the U.S. dollar weakened against the euro and other key currencies while bargain hunters moved in following two session in which the yellow lost value.
Could Facebook buy Yahoo, effectively killing two birds with one stone? That's a scenario suggested by Reuters financial blog Breakingviews, and it is not out of the question.
The top pre-market NASDAQ Stock Market gainers are: Micron Technology, SodaStream International, Ryanair Holdings, NVIDIA, and Brocade Communications Systems. The top pre-market NASDAQ Stock Market losers are: Teva Pharmaceutical Industries, Logitech International, Huntington Bancshares, News Corp., and Netflix.
Gold prices steadied in volatile trade on Tuesday after briefly extending the previous session's 2.5 percent slide below $1,800 an ounce, as the dollar's gains versus the euro put fresh pressure on the precious metal.
Warren Buffett advanced his succession plan on Monday by naming Ted Weschler, a low-profile hedge fund manager who has produced out-sized returns in the last decade, to help manage the investments of Berkshire Hathaway Inc
In Silicon Valley, it’s not tough to find someone to offer advice on how to save Yahoo, the struggling Internet portal that fired CEO Carol Bartz last week.
Tumultuous markets and financial problems in Europe are hurting profits in the asset management industry, according to Laurence Fink, chief executive of BlackRock Inc , the world's largest asset manager.
