Nasdaq drops bid for NYSE on DOJ's antitrust move
2011-05-17 10:24:09
Nasdaq and IntercontinentalExchange on Monday withdrew their joint $11 billion bid for the parent of the New York Stock Exchange.
Eurozone divided over Greek debt approach
2011-05-17 10:20:38
Top eurozone officials disagreed over whether to consider changing the debt repayment terms for Greek bonds.
Economists see slower US economic growth in 2011
2011-05-16 23:04:38
US economic growth is expected to be slower than previously thought due to rising commodity prices, a tepid housing market and financial headwinds, according to a survey released by the National Association for Business Economics on Monday.
Foreign holdings of US govt debt rise
2011-05-17 07:29:12
Total foreign holdings of US long-term securities in March reached 4.4792 trillion US dollars, up from 4.4743 trillion dollars from the previous month.
Oil falls to below $99 as dollar rallies
2011-05-16 15:26:09
Oil prices fell below $99 a barrel Monday in Asia as crude became more expensive for investors with other currencies amid a US dollar rally.
Canada's Quebec launches ambitious Plan Nord
2011-05-16 13:36:42
The Plan Nord will be carried out over 25 years and engender investments of over $80 billion. It will create or consolidate 20 000 jobs a year, on average, and generate $14 billion in revenue for the government and Québec society.
US businesses reluctant to open in Mexico
2011-05-16 11:14:37
Dozens of Mattel Inc. employees were on their way to another day of work making Power Wheels in Mexico's industrial heartland.
Wal-Mart to invest in China's Yihaodian
2011-05-13 21:02:11
US retailer giant Wal-Mart said on Friday that it has signed a deal to buy a minority stake in China's emerging online store Yihaodian.
Facebook-Google rivalry intensifies
2011-05-13 09:35:37
Facebook hired a prominent PR firm trying to plant stories harshly criticizing Google's privacy practices.
US jobless claims fall 44,000 in latest week
2011-05-12 21:32:58
US claims for unemployment aid fell sharply last week after a surprisingly big rise the prior week, a government report showed on Thursday.
IMF says Europe must fix banks
2011-05-12 16:23:01
The IMF is urging Europe to push shaky banks to strengthen their finances as the best way to keep the debt crisis in Greece.
AIG $9 bn offering could be pulled
2011-05-12 13:44:04
American International Group and the US Treasury on Wednesday said they will sell around $9 billion in AIG stock.