Falling metals demand will push Congo's 2009 economic growth below 10 percent and force cutbacks in mining projects just as a conflict risks boosting unplanned spending and inflation, the central bank chief
New orders received by U.S. factories tumbled for a second straight month in September, underscoring the grim economy awaiting the winner of Tuesday's presidential election. Overall factory orders dropped 2.5 percent to
Oil jumped nearly 8 percent Tuesday on signs Saudi Arabia had made substantial cuts in its crude supply and as global markets rallied. Saudi Arabia, the world's biggest oil exporter, has reduced
Stocks climbed further on Tuesday as the presidential election got under way, while investors picked up shares trading around five-year lows amid further signs of easing in credit markets. The Dow Jones
European shares closed sharply higher on Tuesday as commodities stocks jumped, tracking a surge in crude and metals prices and banks rose on hopes the financial sector jitters may ease. Expectations that
Democrat Barack Obama and Republican John McCain faced the verdict of U.S. voters on Tuesday after a long and bitter struggle for the White House, with Obama holding a decisive edge in
Danish Prime Minister Anders Fogh Rasmussen said on Tuesday he would start talks with the political opposition to secure broad support for holding a referendum on joining the single euro currency. A
Marks & Spencer Plc, Britain's biggest clothing retailer, posted a smaller-than-expected fall in profit and reassured investors on its dividend, as it warned trading will be tough next year. The first-half profit
By Jonathan Lynn (Reuters) This year's sharp fall in sea freight costs is a mixed blessing for developing countries, making it cheaper to ship their exports but signalling waning demand for their
The government of Cyprus is asking the EU to exert pressure on Turkey so that it understands that it has to contribute and help efforts to solve the Cyprus problem, Government Spokesman
