Iraq's oil minister will be in China later this month to complete a $1.2-billion oil deal....

Californian home buyers have driven sales up more than 12 percent from July 2007, resulting in the biggest jump in sales in four...

General Motors Corp has told staff it will better its usual ten percent discount....

Wholesale inflation in the US soared in...

Abu Dhabi-based Etihad Airways, which started its daily service from Abu Dhabi to Kozhikode Aug 2, said it is holding talks with Kerala Tourism Development Corporation (KTDC) to develop tour...

Hollywood superstar Tom Cruise is reportedly set to become a superhero in an adaptation of comic book classic...

Imagine the expression on the faces of those around you when your mobile suddenly starts buzzing with an unlikely ringtone: 'Condom,...

US stocks declined Tuesday after producer prices surged and housing construction plummeted by the most in 17 years, prompting investor concerns that the US has entered a prolonged period of low growth and high...

Jordan Robertson August 20, 2008 - 01:47 a.m. SAN FRANCISCO (AP) - Hewlett-Packard Co. weathered economic turbulence remarkably well in the fiscal third quarter but the technology bellwether...

The US dollar was hurt by some weak US housing data and more credit market worries, which were reflected in a soft session on US equity markets overnight. The Australian dollar was also supported by...

economy+ (AP) - TOKYO, Aug. 20 (Kyodo)—(EDS: ADDING DETAILS AND PRICES) Tokyo stocks closed lower Wednesday for the second trading day in a row as investors were jittery about sharp losses on...

SINGAPORE: Oil prices edged up to above $115 a barrel on Wednesday, as a lower US dollar rekindled buying in oil and other commodities. US crude rose half a percent or 56 cents to $115.09 a...

Stock Buzz ) up to $100 million in additional subscription fees due to strong demand for Novell's open-source Linux software that partners with Microsoft's proprietary Windows...

Apple Inc. said Tuesday that batteries from a single supplier are to blame for the meltdown of some models of its tiny iPod Nano digital music...

The Indian ADRs, too, ended on a weak note. Satyam and MTNL dropped over 3% each to $21.91 and $4.73, respectively. Infosys, Genpact, Patni Computers and Tata Motors shed 1-2%...

Intel Corp. cracked the lid Tuesday on a new chip design that is at once a big challenge to smaller rival Advanced Micro Devices Inc. and an admission that AMD nailed a key design feature before it...

SAN FRANCISCO (Reuters) - EBay Inc is cutting the fees U.S. sellers on its site pay for fixed-price items, in one of the company's boldest moves this year to boost merchandise for sale, lure new...

unusual scenario in which the world's dominant proprietary software vendor is helping to market open-source software such as Linux began in November 2006, when the two former foes agreed to a set of...

General Motors Corp. said Tuesday it will extend employee discounts to everyone on almost all of its 2008 and some of its 2009 models as it seeks to clear its remaining inventory of 2008...

CASINOS operator Crown expects its Australian casinos, Crown in Melbourne and Burswood in Perth, will grow earnings by 4 to 6 per cent over the 2009 financial...

Wall Street stocks plunged Monday as jitters re-emerged over the financial health of mortgage-finance giants Fannie Mae and Freddie Mac, triggering fresh fears about a persistent U.S. credit...

HONG KONG (Reuters) - Most Asian stock markets edged higher on Wednesday, rebounding from a two-year low as Chinese shares surged on hopes for policies from Beijing to jumpstart growth, though many...

Most Asian stock markets edged higher Wednesday, rebounding from a two-year low as Chinese shares surged on hopes for policies from Beijing to jump start growth, though many analysts said it was a...

Stock Buzz ) plans to spend $300 million this year to build 13 "cloud computing" data centers where businesses can store information for quick retrieval in case their computer systems are destroyed...

General Dynamics Corp. said Tuesday it will buy Jet Aviation for about $2.25 billion in cash, part of the defense contractor's push to expand its private civilian jet business and tap into robust...

Wholesale inflation soared in July, leaving prices rising at the fastest pace in nearly three decades. While recent declines in oil and other commodity prices raise hopes inflation may have peaked,...

ATLANTA: Home Depot, the world's largest home improvement retailer, reported higher-than-expected quarterly profit yesterday as it held down costs and consumers took on spring projects. But the...

Scarlett Johansson in an advert for Louis Vuitton. Photograph: PR EBay will unveil sweeping changes today to encourage more fixed-price sellers as part of a wider attempt to transform the business...

ASPEN, Colo. (Reuters) - The U.S. Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, two top Fed...

SAN ANTONIO -- Citigroup Inc. will buy as much $30 million in small enterprise loans under a five-year contract with Accion Texas, a development organization that makes loans to startup and existing...

From affluent shoppers at Saks to bargain-hunters at Target, from Home Depot to office supplier Staples, consumers are pulling back and that's hurting retailers and raising more concerns about how...

CHARLESTON, W.Va. -- Support for climate-change proposals may be growing among investors in big U.S. companies. Shareholder resolutions related to climate change more than doubled over the past five...

(KO), maintained its earnings before interest and tax guidance of "high single-digit" growth for the second half with a target of around 7%. High single-digit growth is also expected for net...

) late Tuesday reported its fiscal third-quarter net income rose to $138.6 million, or 47 cents a share, from $120.4 million, or 37 cents a share, a year earlier. Earnings from continuing...

Some audio-equipment makers and producers fear trouble if Google pushes ahead with plans to petition the FCC to open up a part of the radio spectrum know as "white...

Bells ringing: A fitness center based on Russian kettlebells is coming to Durham. Rapid Results Fitness is holding its grand opening from 11 a.m. to 1 p.m. Saturday at 4125 Chapel Hill Blvd., where...

Standard & Poor's, and Action Economics staff Two economic reports for July released on Aug. 19 fueled financial market fears that the U.S. economy is becoming mired in the swamp of...

- Record sales: Q2 sales up 116% to $2.1 billion reflecting 180% growth of ICL Fertilizers, 67% growth of ICL Industrial Products and 50% growth of ICL Performance Products - Record...

- Outlook for Full-Year 2008 Including DPS Guidance of at Least EUR 0.75 Reiterated Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the first half 2008 and the...

earnings this year after delivering a rise in annual profit.Profit for the year to June 30 climbed 3.3 per cent to $288.6 million, from the previous year, due to higher production and higher average...

BOSTON (Reuters) - A former hedge fund manager was ordered to pay nearly $300 million for having cheated clients by sending out fake account statements, the Commodity Futures Trading Commission said...

, chairman and chief executive. "Our global position, broad product and services offerings and incremental cost-saving opportunities make us confident that we'll continue to meaningfully expand...

Financial shares sent the market tumbling yesterday, but traders still found time amid the gloom to indulge in a little takeover speculation.Medical equipment...

In his own words, Tim Wheeler, the chief executive of Brixton, is "a bit of a Bobcat". The 49-year-old rates the version of Lay Lady Lay on Dylan's 1976 far-from-seminal live album Hard Rain as...

Share prices dropped sharply on the world's financial markets yesterday amid fears that the year-long credit crunch is entering a dangerous new phase marked by a severe economic slowdown and failing...

, compared to no loss for the same period in 2007. The agreements which generated the losses during the second quarter 2008 were completely offset by additional contracts purchased at the end of...

All Associated Press news MONROE, Mich. (AP) - Furniture maker La-Z-Boy Inc. said Tuesday that its first-quarter loss narrowed, beating Wall Street forecasts as it reduced costs.For the three-months...

All Associated Press news SUNNYVALE, Calif. (AP) - Accuray Inc.'s fiscal fourth-quarter profit dropped 62 percent, missing analysts' estimates.The maker of medical radiation equipment said Tuesday...

The Canadian Press August 19, 2008 - 6:47 p.m. TORONTO - Some of the most active companies traded Tuesday at the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (down...

Jordan Robertson August 19, 2008 - 6:49 p.m. SAN FRANCISCO (AP) - Hewlett-Packard Co.'s fiscal third-quarter profit jumped 14 percent, beating Wall Street's expectations, as strong...