Asian stocks steadied near 11-month highs on Wednesday, as investors paused for breath before more earnings reports, but rising dairy prices pushed the New Zealand dollar to a 10-month peak. Sentiment in
European shares closed lower on Tuesday, slipping back from the nine-month high reached in the previous session, with some banks giving back a little of their recent hefty gains. The FTSEurofirst 300
Gold jewellery sale volumes in Dubai fell around 40 percent in July on a year ago, as the economic downturn and summer heat deterred tourism, retailers said on Tuesday. Tourists are a
U.S. stock futures fell on Tuesday as caution prevailed ahead of reports on June personal income data and pending home sales, a day after Wall Street rallied to a fresh nine-month closing
OPEC is unlikely to cut oil output further at its meeting next month if oil prices remain around current levels, two delegates from the producer group said on Tuesday. "It is hard
Global stocks and commodity prices pulled back on Tuesday as investors paused to assess the state of the economy after pushing them higher in the past two weeks, while the U.S. dollar
Toyota Motor Corp is relying on deeper cost cuts and a government-backed sales boost as it forecasts a slightly shallower annual loss, underscoring doubts over a sustainable recovery in demand. Toyota, the
General Motors is taking more time to negotiate with Magna and RHJ International over the planned sale of its European arm Opel, the U.S.-based company said on Tuesday. Canadian auto parts group
Oil fell more than $1 to below $71 per barrel on Tuesday, paring three days of gains, as expectations of a rise in U.S. crude inventories offset optimism from positive U.S. and
Britain's bluechip shares edged lower in early trade on Tuesday, a day after hitting a high for 2009, as oil majors retreated on falling crude prices while Standard Chartered dropped after announcing
