London stock market closes slightly higher
September 3, 2010 10:24 am· Leave a Comment
LONDON, Sept. 3 — The London stock market closed slightly higher on Thursday with the leading FTSE 100 index up by 4.63 points, or 0.09 percent, to 5,371.04 points.
HP wins bidding war for 3PAR after Dell pulls out
September 3, 2010 10:24 am· Leave a Comment
SAN FRANCISCO, Sept. 3 — Dell Inc. on Thursday said it will not raise offer to buy 3PAR, ending a bidding war with rival Hewlett-Packard Co. (HP) for the data storage company.
Asian market rally lifts Gulf Arab exchanges
September 3, 2010 10:24 am· Leave a Comment
DUBAI, Sept. 3 — After the Tokyo Stock Exchange surged to a 16-month high, stock markets in Gulf Arab nations posted modest gains Thursday, as faster-than-estimated growth in U. S. manufacturing bolstered confidence in global economic growth.
Chicago wheat climbs as Russia extends export ban
September 3, 2010 10:24 am· Leave a Comment
CHICAGO, Sept. 3 — Chicago wheat futures continued to climb on Thursday, after Russia announced it would extend its ban on grain exports until next year's summer harvest has been complete.
Greek PM seeks consensus on austerity measures and reforms with social partners
September 3, 2010 10:24 am· Leave a Comment
ATHENS, Sept. 3 — Greek Prime Minister George Papandreou held a meeting with representatives of the Greek business world and labor unions on Thursday, seeking consensus on his government's austerity policies, as Greek economy and people face a harsh autumn.
Interview: Recovery of U.S. economy takes years rather than months, says economist
September 3, 2010 10:24 am· Leave a Comment
by Zhang Baoping, Zhao Jing
CHICAGO, Sept. 3 (PNA/Xinhua) — The U.S. government has taken necessary actions on both monetary policy and fiscal sides to prevent U.S. economy from collapsing during the financial crisis, but the recovery will take years rather than months, said a U.S. economist in a recent interview with Xinhua in Chicago.
Gold hits fresh 2-month high ahead of nonfarm payroll report
September 3, 2010 10:24 am· Leave a Comment
CHICAGO, Sept. 3 — Gold futures on the COMEX Division of the New York Mercantile Exchange resumed its rally and hit a fresh 2-month high on Thursday, as investors remained cautious before the government's nonfarm payroll report due out on Friday.
Oil tops 75 dollars amid recovery optimism
September 3, 2010 10:24 am· Leave a Comment
NEW YORK, Sept. 3 — Oil prices rose above 75 U.S. dollars a barrel on Thursday as encouraging jobless and home sale data boosted market confidence in recovery.
Dollar slides against euro amid recovery optimism
September 3, 2010 10:24 am· Leave a Comment
NEW YORK, Sept. 3 — The dollar continued to weaken against the euro on Thursday as encouraging labor and housing market data pressured on the greenback.
Yemen to offer 15 offshore oil blocks in promoting conference
September 3, 2010 10:24 am· Leave a Comment
SANAA, Sept. 3 — Yemen plans to offer 15 offshore oil exploration blocks to international firms attending the oil and gas promoting conference due in October in Sanaa, the country's Oil and Minerals Minister Ameer Aidarous said Thursday.