2010 may turn out to be the year of the commodity fund. Burnt by the financial crisis of the last two years, money managers are now raising sharply the amount of money
European shares rose in afternoon trade on Tuesday, tracking a stronger Wall Street, with gains in defensive drugmakers offsetting some weakness in autos as investors await the next batch of U.S. corporate
U.S. stocks rose on Tuesday and healthcare shares gained as a Massachusetts election for the U.S. Senate put President Barack Obama's healthcare reform in jeopardy. The S&P Healthcare Index (.GSPA) climbed 1.8
Britain's inflation accelerated in December at a record pace, prompting worries that interest rates might rise sooner than expected, though the surge was largely due to an unflattering comparison with a year
Citigroup Inc posted a $7.6 billion quarterly loss on costs related to TARP repayment and still high loan losses, but the bank's shares edged higher as some investors saw glimmers of hope.
Kraft Foods (KFT.N) agreed a deal to buy Cadbury (CBRY.L) for around 11.9 billion pounds ($19.6 billion), creating the world's top confectioner after frantic last-minute talks broke an impasse over price. Kraft's
Japan Airlines Corp filed for bankruptcy protection on Tuesday owing more than $25 billion, and vowed to slash 15,700 jobs and unprofitable routes as it tries to survive volatile fuel costs and
Google has postponed the launch of two mobile phones in China which use its Android platform, in the first sign its business in the country is starting to be affected by a
Apple Inc will host a special event on January 27 where it is widely expected to unveil its tablet computer, as the company looks to extend its hot hand into a brand
Around 16% of Cypriots have had in 2008 an income, which, after social transfers, was below the poverty threshold as defined by the European Union. According to data issued by Eurostat, the
