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Business - Page 1234

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Oil rises near $72 on economic prospects, Nigeria

Oil rose towards $72 a barrel on Friday, gaining for a third day, supported by views on equity markets that the economy may be stabilising and due to geopolitical concerns over key

19th June 2009
Business

U.S. stock futures signal gains; eyes on RIM

U.S. stock index futures pointed to a higher open on Wall Street on Friday, as stocks were poised to add to the previous session's gains. At 0900 GMT, futures for the S&P

19th June 2009
Business

Stocks climb, dlr dips; confidence lifted

Equity markets and high yielding currencies gained on Friday while bonds and the dollar fell, as U.S. jobs and factory data the previous session rekindled hopes that the global economy may be

19th June 2009
Business

FTSE up 0.7 pct, led by oils, banks, housebuilders

Britain's top share index gained 0.7 percent early on Friday as upbeat news from housebuilder Taylor Wimpey lifted sentiment about the health of the economy, while rising oil prices pushed energy majors

19th June 2009
Business

Asia stocks snap 4-day slide, bond yields up

Asian stocks snapped a four-day slide on Friday and government bond yields climbed after upbeat U.S. factory and jobs data provided more evidence that the global economy is recovering from its deep

19th June 2009
Business

Microsoft putting investment behind search: CEO

Microsoft Corp is willing to invest up to 10 percent of its operating income in its Internet search business for up to five years, Chief Executive Steve Ballmer said on Thursday, as

19th June 2009
Business

Microsoft takes on Symantec, McAfee in security

Software giant Microsoft Corp is launching a free PC security service next week in what could be the biggest challenge to date for anti-virus companies with billions of dollars in annual revenue.

19th June 2009
Business

LG to produce monitor with virtualization technology

LG Electronics will start selling this month flatscreen monitors that can function as virtual computers, saving costs by allowing multiple users to run programs off a single standard PC. LG's new liquid

19th June 2009
Business

Geithner urges quick action by Congress on reforms

Treasury Secretary Tim Geithner urged Congress to act quickly on the Obama administration's regulatory reform proposals, saying past efforts had started too late after the will to act had faded. Geithner, in

18th June 2009
Business

US Stocks add to gains after business data

The Dow industrials and the S&P 500 added to gains while the Nasdaq turned positive on Thursday after a reading of business conditions in the U.S. Mid-Atlantic region came in much better

18th June 2009
Business
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WTI bounces up on Mideast tensions, fails to tap $72

The pullback in crude prices witnessed on Monday found support

US-China deal offers relief, not resolution

Markets are set to rally on the announcement of a

WTI climbs to $67 on rising MidEast tensions

West Texas Intermediate (WTI) is trading around $67.00 during the

Silver retreats from multi-week peak, slides below $36

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