U.S. Trade Representative Ron Kirk is expected to launch a WTO case against China on Tuesday when he holds what his office called a major news conference regarding U.S.-China trade. Kirk's office
Apple Inc said it had sold more than 1 million of its newest iPhone in the first three days of launch, beating analysts' expectations for the 3GS smartphone's debut. The statement from
Stocks slid on Monday as investors questioned the strength of an economic recovery, while energy shares were dragged down by lower oil prices. After a sharp three-month rally, indexes have eased as
The Organisation for Economic Cooperation and Development added to a grim outlook from the World Bank on Monday, saying major economies will contract throughout 2009 and the problem of unemployment will linger.
European shares were lower at midday on Monday, as energy stocks suffered from lower crude prices, with miner Anglo American among the few heavyweight risers after a merger approach from Xstrata. At
Moody's Investors Service has downgraded three Ukrainian banks: Privatbank, Savings Bank of Ukraine and Ukreximbank. Moody's has refined its assessment of the ability of the Ukrainian state to provide systemic support as
World stocks slipped on Monday while government bonds and the dollar rose as a decline in oil prices below $70 a barrel and caution ahead of this week's data and Federal Reserve
Britain's top share index fell 0.8 percent early on Monday, as energy producers and miners were dragged lower by falling commodity prices, but Anglo American gained as Xstrata proposes merger talks. By
The Federal Reserve is considering creating a utility to replace the Wall Street banks that handle U.S. repo market transactions, the Financial Times reported on Monday, citing people familiar with the matter.
Apple Inc's latest iPhone hit stores on Friday with new features and faster speeds, drawing plenty of fans, if not the crowds that had swarmed the previous iPhone debuts. Several hundred shoppers
