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HuaweiCopper edged higher on Thursday, helped by a stronger euro on expectations Spain would seek a bailout to rescue its economy, although gains were capped by uncertainty about global growth, while trading volumes were low as China remained on holiday.
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Gold held near 11-month highs hit earlier this week on Thursday, supported by a broadly stronger euro, with investors waiting for word from Spain on a bailout and central bank monetary policy meetings in Europe.
DUBAI/LONDON - Morgan Stanley’s talks with Qatar’s sovereign wealth fund over the sale of its commodities business have run into difficulty, and the deal may need to be reworked if it is to go ahead, banking sources said.
Google Inc revised up the bill for job cuts at its money-losing Motorola Mobility mobile phone unit in the third quarter and warned of further restructuring that may result in “significant” additional charges.
The information and communication technology (ICT) sector has resisted the economic crisis and is becoming a key infrastructure for the world’s economy, the OECD said Thursday.
World food prices rose in September and are seen remaining close to levels reached during the 2008 food crisis, the United Nations’ food agency said on Thursday, while cutting its forecast for global cereal output.
Gold inched up on Thursday, extending gains for a fourth day as investors awaited cues from central banks on plans to shore up the frail global economy, while a key US employment report due this week was also in focus.
Asian markets mostly rose on Thursday as investors cheered upbeat US economic data, but nagging concerns over Europe kept advances in check.
McDonald’s Corp. has filed a trademark using its name for ground and whole-bean coffee, the US Patent and Trademark Office said.
LIMA — DP World Limited, the world’s third-largest port operator, said it’s ready to look at acquisitions in Latin America to meet demand from customers and has enough cash for investments without needing to sell assets.
