Summers says U.S. economy back from abyss

July 17, 2009 10:13 pm· Comments Off on Summers says U.S. economy back from abyss 

WASHINGTON, July 18 — U.S. President Barack Obama's top economic adviser said on Friday that the country's economy has been rescued from the brink of collapse, but fixing the economy is still the administration's priority.

Read more

WB loans Mozambique 75.6 million dollars for health, communications

July 17, 2009 10:13 pm· Comments Off on WB loans Mozambique 75.6 million dollars for health, communications 

MAPUTO, July 18 — The Mozambican government and the World Bank on Friday signed two agreements in the Mozambican capital of Maputo under which the World Bank is to provide loans of 75.6 million U.S. dollars for projects in health and communications.

Read more

Oil extends rally on better housing data, bank performance

July 17, 2009 10:13 pm· Comments Off on Oil extends rally on better housing data, bank performance 

NEW YORK, July 18 — Oil prices extended its rally to end above 63 U.S. dollars a barrel on Friday as data showed positive signs in most-battered housing and banking sectors.

Read more

Citigroup reports surprised earnings

July 17, 2009 10:13 pm· Comments Off on Citigroup reports surprised earnings 

NEW YORK, July 18 — Citigroup Inc. reported surprised earnings Friday thanks to the sale of its Smith Barney unit to Morgan Stanley.

Read more

Wall Street caps strong week with mixed end

July 17, 2009 10:13 pm· Comments Off on Wall Street caps strong week with mixed end 

NEW YORK, July 18 — Wall Street zigzagged and capped mixed Friday, following a four-day rally, as earnings from General Electronic Co. and Google Inc. weighed on the big board, while IBM and better-than-expected housing starts data lifted the market.

Read more

Gold ends slightly higher on inflation worries

July 17, 2009 10:13 pm· Comments Off on Gold ends slightly higher on inflation worries 

CHICAGO, July 18 — Gold futures on the COMEX Division of the New York Mercantile Exchange finished a little higher on Friday as the rising oil raised gold's appeal as a hedge against inflation. Silver and platinum went up, too.

Read more

Yao Ming to undergo foot surgery next week

July 17, 2009 10:13 pm· Comments Off on Yao Ming to undergo foot surgery next week 

WASHINGTON, July 18 — Houston Rockets center Yao Ming has elected to undergo surgery in order to repair the broken bone in his left foot, the NBA team said in its official website on Friday.

Read more

Tiger Woods misses cut at British Open

July 17, 2009 10:13 pm· Comments Off on Tiger Woods misses cut at British Open 

LONDON, July 18 — For only the fifth time in his professional career and the second time in a major championship, Tiger Woods missed a cut Friday in the 138th British Open Championship at Turnberry.

Read more

Bolt wins 100 meters in Paris Golden League

July 17, 2009 10:13 pm· Comments Off on Bolt wins 100 meters in Paris Golden League 

PARIS, July 18 — Olympic champion Usain Bolt of Jamaica clocked a season best of 9.79 seconds as he won the 100 meters at the Paris Golden League meeting on Friday.

Read more

More than thousand new A(H1N1) cases confirmed in Europe

July 17, 2009 10:13 pm· Comments Off on More than thousand new A(H1N1) cases confirmed in Europe 

STOCKHOLM, July 18 — A European health agency said Friday that 1,231 new A(H1N1) flu cases were reported in European countries within the last 24 hours.

Read more

« Previous PageNext Page »