Oil hit $75 for the first time in 10 months on Tuesday, recouping earlier losses in line with equity markets on data that showed U.S. house prices climbed and consumer confidence rose
The White House on Tuesday said U.S. unemployment would be higher and the budget deficit larger than previously thought, which could slow President Barack Obama's drive to push his domestic policy plans
European shares turned positive in afternoon trading on Tuesday, tracking a rise in U.S. stock futures, with oil stocks rebounding from earlier losses. By 1247 GMT, the pan-European FTSEurofirst 300 index of
World stocks fell back after five days of gains on Tuesday and the dollar firmed as investors waited for fresh clues on whether the global economic recovery was truly picking up steam.
JPMorgan on Tuesday upgraded the European telecoms sector to "overweight", anticipating an improved economic climate in the second half, and said Vodafone , France Telecom and KPN were top picks. The upgrade
Britain's top share index was down 0.4 percent mid-session on Tuesday as investors paused for breath after markets hit 10-month highs on Monday, with heavyweight miners, oils, and banks retracing recent gains.
Stock index futures were slightly higher on Tuesday on news that Ben Bernanke will be renominated as chairman of the Federal Reserve and ahead of key consumer confidence and housing data. U.S.
Yahoo Inc said on Monday it has revamped its search to compete against Microsoft Corp's Bing, even as it relies on the Redmond giant to power its queries. The announcement of plans
President Nicolas Sarkozy summoned the heads of France's biggest banks on Tuesday as he steps up pressure for tighter controls on traders' bonuses ahead of meetings with the Group of 20 nations
European shares fell back in early trade on Tuesday from the 10-month closing highs they hit in the previous session as investors took profits and after declines in Asia. At 0832 GMT,
