Oil settles below 60 USD on demand pessimism

July 10, 2009 10:54 pm· Comments Off 

NEW YORK, July 11 — Oil prices settled below 60 U.S. dollars a barrel on Friday as investors were still pessimistic about the demand in the second half of 2009.

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Wall Street mixed amid economic concerns

July 10, 2009 10:54 pm· Comments Off 

NEW YORK, July 11 — Wall Street closed mixed on Friday, as a deeper-than-expected decline in consumer confidence added to concerns that the economic slowdown may be prolonged.

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Gold falls as oil dips below 60 dollars

July 10, 2009 10:54 pm· Comments Off 

CHICAGO, July 11 — Gold futures on the COMEX Division of the New York Mercantile Exchange ended slightly lower on Friday due to tumbling oil and a strong dollar. Silver and platinum both went down, too.

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GM emerges from bankruptcy protection

July 10, 2009 10:54 pm· Comments Off 

by Hu Guangyao

CHICAGO, July 11 — General Motors, the biggest U.S. automaker, has exited bankruptcy protection with reduced debts of 48 billion U.S. dollars in 41 days, far quicker than expected.

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Dollar rebounds on weak consumer sentiment

July 10, 2009 10:54 pm· Comments Off 

NEW YORK, July 11 — The dollar rebounded against most major currencies on Friday as a new report showed that U.S. consumer sentiment fell sharply in July.

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Czech leads Argentina after Davis Cup quarterfinal first match

July 10, 2009 10:54 pm· Comments Off 

OSTRAVA, Czech Republic, July 11 — The Czech Davis Cup team leads Argentina 1-0 after the first quarterfinal singles in which Tomas Berdych beat Juan Monaco today.

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Top seed Wozniacki reaches final at Swedish Open

July 10, 2009 10:54 pm· Comments Off 

STOCKHOLM, July 11 — Top-seeded Caroline Wozniacki reached the final of Swedish Open after beating Flavia Pennetta 6-3, 4-6, 6-2 at Bastad, Sweden, on Friday.

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Results of Davis Cup tie between Israel and Russia

July 10, 2009 10:54 pm· Comments Off 

JERUSALEM, July 11 — Following are the results of Davis Cup tie between Israel and Russia at Ramat Hasharon, Israel, On Friday:

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Results of Davis Cup tie between Spain and Germany

July 10, 2009 10:54 pm· Comments Off 

MADRID, July 11 — Following are the results of Davis Cup quarterfinal tie between Spain and Germany at Marbella, Spain, on Friday:

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Result of Davis Cup tie between Croatia and United States

July 10, 2009 10:54 pm· Comments Off 

POREC, Croatia, July 10 (Xinhua) — Following are the results here on Friday in the Davis Cup World Group quarter-final tie between Croatia and the United States:

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