Farm markets dive
Bernanke Leaves Door Open to More Stimulus Should Economy Fail to Rebound
US jobless claims climb to 429000
Sales of new homes slip 2.1% in May
Analysis: Brent oil supply woes undermine futures strength
High-Speed Rail Poised to Alter China
By KEITH BRADSHER
Beyond controversies and cost concerns, high-speed trains are reducing hurdles posed by China's size, bringing benefits in tow and posing challenges for the country's competitors.
A Start-Up Matures, Working With AmEx
By JENNA WORTHAM
American Express cardholders will receive discounts at certain shops and restaurants on their cellphone through an alliance with Foursquare.
Fed to Defer New Efforts for Growth
By BINYAMIN APPELBAUM
The Federal Reserve said it would complete a planned purchase of $600 billion in Treasury securities next week as scheduled.
Fed: Recovery is slowing The Fed acknowledges that the economy has lost momentum, reins in growth forecasts.(By Neil Irwin)
Off And Running: Loopt’s First U-Deal Sells Out In Less Than An Hour
( by TechCrunch.com , TechCrunch.com)
( by TechCrunch.com , TechCrunch.com)
Ericsson and STMicroelectronics' joint venture ST-Ericsson to cut up to 500 staff worldwide
GENEVA — Chip maker ST-Ericsson warned Thursday it will return to a profit later than expected and plans to cut up to 500 jobs worldwide as part of a move to save $120 million a year.
( Associated Press Associated Press , AP)
GENEVA — Chip maker ST-Ericsson warned Thursday it will return to a profit later than expected and plans to cut up to 500 jobs worldwide as part of a move to save $120 million a year.
( Associated Press Associated Press , AP)
Airbus gets order for 200 A320neo aircraft from Air Asia, calls deal biggest such order ever.
LE BOURGET, France — Airbus gets order for 200 A320neo aircraft from Air Asia, calls deal biggest such order ever. ( Associated Press Associated Press , AP)
LE BOURGET, France — Airbus gets order for 200 A320neo aircraft from Air Asia, calls deal biggest such order ever. ( Associated Press Associated Press , AP)
Social Games Developer Social Point Raises €2.4 Million ( by TechCrunch.com , TechCrunch.com)
World markets down after Federal Reserve chief acknowledges slip in US economy
BANGKOK — World stocks markets followed Wall Street down Thursday after the Federal Reserve admitted to being caught off guard by recent signs of deterioration in the U.S. economy.
( Associated Press Associated Press , AP)
BANGKOK — World stocks markets followed Wall Street down Thursday after the Federal Reserve admitted to being caught off guard by recent signs of deterioration in the U.S. economy.
( Associated Press Associated Press , AP)
Toyota to Launch Etios Liva in India
Toyota Motor's India unit said it will introduce its Etios Liva small car on June 27.
Drug Makers Replace Reps With Digital Tools
Tens of thousands of pharmaceutical sales reps have been eliminated in the U.S., creating a void that drug makers are now increasingly filling with websites, iPad apps and other digital tools.
TCS Assures Investors of Strong Demand
Tata Consultancy Services sought to allay investors' concerns, saying demand for outsourcing services remains strong despite economic weakness in the largest outsourcing markets of the U.S. and Europe.
TOP STORIES | Thursday
Surge to own gold and silver a worldwide phenomenon as doomsday nears
The doomsday scenario resulting from multiple national defaults is horrific to contemplate and more and more people are at last beginning to climb into gold and silver as protection . Thursday , 23 Jun 2011
Historic copper prices may be on horizon as inventories drop to critical levels--RBC
RBC says China remains the main driver of growth in global copper demand with forecast growth of 8.9% this year, as Western World growth is expected to slow to 2.9%. Thursday , 23 Jun 2011
The real interest rate case for higher gold prices
It is monetary politics, rather than politics per se that needs to be examined when trying to get a handle on the gold price and, at the heart of that is the state of real interest rates. Wednesday , 22 Jun 2011
BlackRock expects higher dividends from commodity firms
According to U.S.-based fund manager BlackRock, rising earnings and strengthening balance sheets could result in higher dividend payouts from commodity-linked companies Wednesday , 22 Jun 2011
Does nickel price fall foreshadow copper price performance?
Is this year's worst-performing LME metal a canary in the coal mine for copper? And is there any hope in sight for nickel prices? Thursday , 23 Jun 2011
Yesterday's Top Story: House Subcommittee to review U.S. gold reserves audit bill Thursday
As Rep. Ron Paul embarks on his third run for the White House, he continues a political campaign to force the U.S. Treasury Department to audit the nation's gold reserves. Wednesday , 22 Jun 2011
Gold breaks four-day rally as dollar strengthens
Prices of the yellow metal in dollar terms slid after the dollar strengthened on US growth statements by the Fed; priced in currencies like Sterling and the Euro, gold continues to climb Thursday , 23 Jun 2011
Forex Market Update
Switzerland's trade surplus increased to a record high of CHF 3.31 billion in May, data from the Federal Customs Administration showed Thursday. (Jun 23, 2011) Full Article
Bank of Japan policymaker Yoshihisa Morimoto on Thursday raised concerns over a slowing U.S economy and debt troubles in Europe and said that risks from global economy have become larger than before. (Jun 23, 2011) Full Article
After a fall last week, India's annual food inflation rate increased to a two-and-a-half-month level of 9.13 per cent for the week ended June 11, on the back of costlier milk, fruits and vegetables and protein based items. (Jun 23, 2011) Full Article
U.K. mortgage approvals increased slightly more than expected in May, after falling in the previous month, data from the British Bankers' Association showed Thursday. (Jun 23, 2011) Full Article
A measure of UK high street sales fell to its lowest level in a year and sales are expected to remain subdued next month, the latest survey by the Confederation of British Industry (CBI) showed Thursday. (Jun 23, 2011) Full Article
New claims for unemployment insurance in the U.S. jumped in the week ended June 18th, according to figures released Thursday by the Labor Department, with the data adding to recent concerns about the labor market. (Jun 23, 2011) Full Article
China's factory growth continued to slow in June, with activity reaching a level close to stagnation as Beijing's aggressive policy tightening cooled demand, the latest survey by Markit Economics showed Thursday. Inflationary pressures eased significantly, alongside slowing demand. (Jun 23, 2011) Full Article
Eurozone private sector expanded at the weakest pace in twenty months in June, adding to the evidence that growth in the 17-nation euro currency bloc may be slowing amid tight fiscal policy and turbulence in the peripheral economies. (Jun 23, 2011) Full Article
Fed cuts growth forecast; no hint of more support WASHINGTON (Reuters) - The Federal Reserve on Wednesday cut its forecasts for U.S. economic growth, but offered no hint of further monetary support, saying the recovery should gradually pick up heading into 2012. | Full Article
Apple removes Intifada app after Israeli request June 23, 2011 02:37 AM ET JERUSALEM (Reuters) - Apple Inc has removed at Israel's request an Arabic-language application from its iTunes store that called for a Palestinian uprising, an Israeli government statement said on Thursday. | Full Article
Economic gloom descends over falling FTSE 23 JUN 2011 09:15 BST LONDON (Reuters) - The top share index fell on Thursday, after comments overnight from the U.S. Federal Reserve and data from China did little to imbue investors with confidence over the global economic recovery. | Full Article
AirAsia rules Paris with record order 23 JUN 2011 11:17 BST LE BOURGET, France (Reuters) - AirAsia thundered into the Paris Air Show with a record order for 200 revamped A320neo jets on Thursday -- an $18.2 billion (11.3 billion pounds) deal making the Malaysian firm Airbus's largest airline. | Full Article
EU to pressure Greece amid bank rollover talks 23 JUN 2011 11:08 BST BRUSSELS/ATHENS (Reuters) - European Union leaders will pile pressure on Greece at a summit on Thursday to adopt deeply unpopular austerity measures in return for fresh funds to avert a bankruptcy that could shake the global economy. | Full Article
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