Several key oil and container ports in southern China were closed on Thursday ahead of Typhoon Megi, stopping bunker fuel deliveries and forcing tankers to evacuate to calmer waters, industry sources said.
The dollar jumped on Thursday after U.S. Treasury Secretary Tim Geithner suggested major currencies were roughly in alignment, while stocks fell as investors digested data showing China's growth ebbed in the third
Bob Guccione, who brought full frontal nudity to men's magazines and built a multimillion dollar publishing empire on the success of his flagship magazine, Penthouse, died on Wednesday, according to his family.
China's growth ebbed in the third quarter while inflation edged just a touch higher, showing that the world's second-largest economy was strong but far from overheating and suggesting that an interest rate
In a huge study aimed at broadening the use of Merck & Co's shingles vaccine, Zostavax reduced the incidence of the painful disease by 70% compared with a placebo in adults in
Morgan Stanley reported a surprising third-quarter loss, suggesting the bank is losing hard-won ground in the battle with Goldman Sachs for Wall Street supremacy. The firm's $91 mln loss, on weak volumes
Britain will cut half a million jobs, slash the welfare state and raise the retirement age as part of an unprecedented cost-cutting drive that will test the strength of both the economy
German Chancellor Angela Merkel was pilloried by coalition allies and the media on Wednesday for an alleged sellout to French President Nicolas Sarkozy, dropping German demands for automatic enforcement of EU budget
Turkey would like to see China increase the value of its currency but believes this will be achieved only by talking to Beijing, Turkish Deputy Prime Minister Ali Babacan said on Wednesday.
Despite posting relatively solid performance since the economic turmoil of 2009, the slow recovery of domestic demand continues to limit the growth prospects of the Russian steel industry, Moody's Investors Service said
