British consumer price inflation slowed in July but as expected remained above 3%, forcing a third open letter from the Bank of England this year to explain why inflation is still above
Asda, Britain's No. 2 grocer, said the outlook to the end of 2010 remains challenging with UK families facing the lowest amount of disposable income in the final quarter for two years.
The Obama administration will pick the brains of housing finance leaders on how to fix Fannie Mae and Freddie Mac, but made one thing clear on Tuesday: there is no going back
The dollar hovered near a 15-year low against the yen on Tuesday, as prospects of more weak economic data from the United States added to worries about a global slowdown and capped
Fund giant Fidelity Investments sharply raised its holdings of oil firm Exxon Mobil in the second quarter though it reduced other large positions including stakes in Google and banks like Wells Fargo.
The dollar hovered near a 15-year low against the yen on Tuesday, weighed down by a slide in U.S. Treasury yields, putting the focus on whether Japanese authorities will take any measures
Gold erased some of its early gains on Tuesday but held near its strongest level in more than a month on worries about global economic recovery, while jewelers were also happy to
Crude was steady near a one-month low on Tuesday on signs of a withering global economic recovery, following disappointing data from the United States and Japan, the world's largest and third-largest oil
A Hungarian Roman Catholic priest has become a YouTube hit with his distinctive method of spreading the word on wheels. The Reverend Zoltan Lendvai, 45, who lives and preaches in Redics, a
Growth in Japan's economy slowed to a crawl in the second quarter and analysts see more weakness ahead, adding to policymakers' headaches as they grapple with deflation and a rise in the
