U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed on Wednesday. The drop does not bode
Oil rose above $71 a barrel on Wednesday following a large drop in crude inventories in the United States, the world's top energy consumer, and output disruptions from militant attacks in Nigeria.
World stocks began the third quarter on an upbeat note on Wednesday with European and emerging market shares rising around 1 percent and oil climbing on hopes for a recovery in demand.
President Barack Obama travels to Russia next week for talks with Russian President Dimitry Medvedev on nuclear disarmament and a range of other issues. Here are some facts on trade between the
Oil rose above $71 a barrel on Wednesday following a large drop in crude inventories in the United States, the world's top energy consumer, and output disruptions from militant attacks in Nigeria.
European shares rose early on Wednesday as energy stocks drew strength from higher oil prices and Chinese economic data gave a lift to resource stocks such as steelmaker ArcelorMittal. By 0917 GMT,
Euro zone manufacturing activity contracted less than initially thought in June but sharp differences between countries supported evidence from Asia and the United States that broad recovery would be slow. The Markit
British manufacturing activity fell at its slowest pace in more than a year as output rose for the first time in 15 months, a survey showed on Wednesday. The CIPS/Markit manufacturing purchasing
China's manufacturing sector extended a steady if unspectacular recovery in June, surveys released on Wednesday showed, adding to evidence across Asia that the regional economy is finally pulling out of a deep
Robust commodity prices boosted energy and mining stocks which led a broad-based rally at the start of the third quarter, lifting Britain's top share index 1.4 percent higher early on Wednesday. Crude
