| United Airlines places $10 billion plane order United, a unit of UAL Corp, has letters of intent to order 25 of Boeing's 787 Dreamliners and the same number of A350 planes from its European rival Airbus, part of EADS, following a six-month ...[more] |
| Mongolia looks to foreign IPOs for mineral wealth: report Prime Minister Sukhbaatariin Batbold said that the poor, landlocked country is first studying the creation of three companies -- one for mining assets, another for energy assets and a third fo ...[more] |
| Wall St closes up as risk appetite returns Stocks rebounded after falling two days in a row as the dollar rose. The greenback has been inversely correlated with equities since the S&P 500 stock index hit bottom in early March, ...[more] |
| U.S. stocks up, dollar down despite credit fears Commodity prices fell as investors became less willing to take on risk, with U.S. crude oil futures ending at a two-month low. European shares closed at their lowest in more than a wee ...[more] |
| Oil falls more than 2 percent on U.S. product builds U.S. crude for January delivery dropped $1.95 to $70.67 a barrel in the sixth consecutive day of losses. London Brent crude losses were in the lead on Wednesday, dropping $2.80 to $72. ...[more] |
| Gold hits 3-week low on heavy investor selling Analysts said that the gold market foreshadowed an imminent rise in the dollar against the euro and major currencies, driven by worries over sovereign debt in Spain and Greece. "We are ...[more] |
| Dollar dips versus yen, erases losses versus euro The price of oil fell and U.S. stocks were modestly weaker, while sterling slipped after the British government announced a 50 percent tax on bank bonuses and said the UK economy would grow be ...[more] |
| Financials, Spain outlook drag Europe shares down The ratings agency's revised outlook and a warning that Spain faced a risk of a debt downgrade in two years if the government did not take tough action came just one day after Fitch Ratings cu ...[more] |
| FTSE sheds 0.4 percent as food retail and energy fall The FTSE 100 closed 19.24 points lower at 5,203.89, its lowest closing level in more than a week and mirroring falls in European markets and Wall Street. Oil and gas firms were weak as ...[more] |
| Dubai debt concerns spread beyond Dubai World Investors have been left in the dark since the Gulf business hub announced on Nov 25 that it sought to delay payment on Dubai World debt while it overhauls the sprawling state firm, which bui ...[more] |
| Nikkei drops on yen, debt worry; Suzuki climbs ) and other exporters. Adding to the downbeat tone, revised GDP data showed Japan's recovery was slowing, while a weaker-than-expected outlook from diversified manufacturer 3M () an ...[more] |
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