Oil rose past $69 a barrel on Tuesday, lifted by an expected draw in U.S. crude stocks and better-than-expected U.S. retail sales data, but concerns about rising U.S. distillate inventories capped gains.
The Bank of England could cut the interest rate it pays banks holding reserves with it to help nurture what it says will be a gradual economic recovery, Governor Mervyn King said
The Treasury Department is talking to Citigroup Inc (C.N) about how to sell the roughly one-third stake the government acquired as part of its bailout of the bank, news agency Bloomberg reported,
China unveiled data on Tuesday that showed tire exports to the United States actually fell in the first half of 2009, rebutting Washington's accusations it had breached its WTO agreements by flooding
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.2-0.3 percent, pointing to a weaker start on Wall Street on Tuesday. A federal judge rejected Bank
Britain's top share index was 0.2 percent higher at midday on Tuesday, lifted by a rally from miners and banks, with vague bid rumours, broker comment and the wait for U.S. retail
German Chancellor Angela Merkel said on Tuesday the Group of 20 economic powers must agree clear rules to prevent another crisis occurring and to prevent bankers from burdening the economy again. "We
Hewlett-Packard Co unveiled several new products for the important fall season, including thin and light laptop PCs and an eye-catching new netbook. The world's No. 1 PC maker has ably navigated a
The British economy has probably started growing again but recovery will be slow and risks to inflation are still to the downside, Bank of England Governor Mervyn King said on Tuesday. King
Euro zone labour costs jumped in the second quarter, led by rises in industry and the construction sector, despite a hefty fall in employment and increasing joblessness. Hourly labour costs in the
