Stock index futures extended losses on Wednesday as investors waited for key retail sales data for an indication of the mood of the U.S. consumer. S&P 500 futures fell 6.9 points and
The European Commission fined Intel Corp a record 1.06 billion euros ($1.45 billion) on Wednesday and ordered it to halt illegal rebates and other practices used to squeeze out rival AMD. "Given
A surprise U.S. inventory drop helped boost oil towards $60 a barrel on Wednesday, while gold prices hit five-week highs as investors looked beyond renewed appetite for riskier assets and clung to
Euro zone industrial output dived and the Bank of England said on Wednesday the British economy needs a lengthy period of healing, putting the onus on the U.S. consumer to help drive
Writedowns and slumping investment income played havoc with earnings at Germany's Allianz and Dutch group ING, two top European insurers grappling with volatile equity markets. Shares in both fell sharply. ING said
The number of passengers using Moscow's metro system has fallen at the steepest rate since World War Two as the economic crisis drives up unemployment, its chief said on Wednesday. Moscow's chandelier-adorned
Weakness in banks and miners outweighed gains in defensive pharmaceuticals and food producers, pushing Britain's top share index down 0.2 percent early on Wednesday. By 0803 GMT the FTSE 100 had slipped
China's industrial output rose less than expected last month, offering another reminder that the global economic recovery may not be as swift and strong as markets had hoped for. Mounting evidence that
The U.S. dollar fell to a four-month low on Wednesday, its safe haven appeal eroded by optimism about a global economic recovery and concerns about the United States' fiscal health. Oil prices
Oil rose towards $60 a barrel on Wednesday, after hitting a six-month high the previous day, after U.S. inventory data showed an unexpected drawdown, boosting hopes for recovery in the world's top
