A stunning Safavid rug from late 16th or early 17th century Persia sold for GBP 2,729,250 Wednesday afternoon at Sotheby’s in London. The rug was purchased by an anonymous buyer after a
Thursday's meeting between President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat, in the framework of the second round of negotiations to solve the Cyprus problem,
Gold hit a fresh record high on Thursday as the dollar struggled, while emerging market stocks climbed to their highest level this year. European shares opened more than 1 percent higher ahead
Gold hit another record high on Wednesday before falling back a bit as the dollar stabilised and global stocks flat, weighed by losses Europe. Wall Street looked set to open higher. The
Gold consumers across Asia greeted bullion's run to a record high cautiously on Wednesday, with a few moving to cash in gains but the majority opting to wait for the rest of
British corporate profitability fell to its lowest rate in 8 years in the second quarter of 2009, official data showed on Wednesday, driven by a steep fall in gas prices which hit
Oil prices rose for the third day and topped $71 a barrel on Wednesday, as an industry report showing a small drawdown in U.S. crude stockpiles last week fed optimism for a
Gold hit another record high on Wednesday as the dollar slipped and global stocks rose for the third day running, erasing their losses in October. Investors continued their scramble for yield, lifting
European shares edged higher in early trade on Wednesday, building on a major gain in the previous session, with miners among the biggest risers. At 0838 GMT, the FTSEurofirst 300 index of
* U.S. stock index futures pointed to a higher open for Wall Street on Wednesday, extending the previous session's sharp gains and ahead of the start of third-quarter earnings season, with aluminium
