Oil above $71 on recovery optimism

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 at new highs, world equities gain

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

FTSE flat; strong miners offset weak oils

Britain's top share index was flat early on Wednesday as investors paused for breath after the previous session's sharp rise, with gains in miners offsetting weak energy stocks and ahead of the

Amazon.com takes Kindle global

Amazon.com Inc is introducing Kindle, its wireless electronic reader, for over 100 countries, including China and most of Europe, intensifying a battle for the burgeoning digital book market. The move, announced on

Cyprus leaders continue UN-led direct talks

Cyprus President Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat hold on Wednesday their third meeting in the framework of the second round of UN-led direct negotiations, which began in September