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LONDON – World stock markets pushed higher Monday after figures showed U.S. retail sales — which are crucial for the global economic recovery — rose more strongly than anticipated in October.
In Europe, the FTSE 100 index of leading British shares was up 90.71 points, or 1.7 percent, at 5,387.09. Germany’s DAX rose 116.96 points, or […]

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Singapore PM Lee Hsien Loong, back to camera, gives welcome address to APEC leaders, in Singapore, 14 Nov 2009Leaders of Pacific Rim nations have agreed to work toward a new pattern of regional growth.
In a statement released Sunday, Asia Pacific Economic Cooperation leaders meeting in Singapore acknowledged the leading role Asia Pacific nations have taken […]

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(Reuters) – Unhappy over constraints imposed by U.S. government overseers, American International Group Inc (AIG.N) Chief Executive Robert Benmosche told the company's board last week that he is considering stepping down, the Wall Street Journal said, citing people familiar with the matter.
The giant insurer's chief executive is particularly unhappy over a recent compensation review […]

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NEW YORK (Reuters) – U.S. stocks rose on Friday as investors took heart after the government said monthly payroll losses slowed, even as unemployment rose above 10 percent.
General Electric Co (GE.N) shares jumped more than 5 percent after a brokerage upgrade, and helped lead the industrial sector higher. The S&P industrials (.GSPI) gained 1.1 […]

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In the latest of the great newspaper wars of London, two lions of Fleet Street, Rupert Murdoch and Jonathan Harmsworth (the fourth Viscount Rothermere), have been outflanked by a former Soviet K.G.B. officer, Aleksandr Lebedev.
London Lite, a free newspaper published by Mr. Harmsworth’s Daily Mail & General Trust, signaled its intention last week to shut […]

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NEW YORK – The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:
NYSE:
Alcatel-Lucent, down 48 cents at $3.69
The telecommunications equipment maker saw its net loss widen in the third quarter as European phone companies cut back on spending.
Harman International Industries Inc., up $4.61 at $37.61
The company […]

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Filed at 9:36 a.m. ET
NEW YORK (AP) — The Washington Post Co. reported a 69 percent jump in third-quarter profit Friday as its newspapers trimmed their losses and its cable TV and education divisions held steady.
The company, which owns Newsweek magazine, Kaplan education services and television properties along with The Washington Post newspaper, earned $17.1 […]

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WARREN, Ohio — Bruce Gump and his neighbors feared for their retirement checks when the federal government took over the pension plans at Delphi, the big auto parts maker where they once worked.
But four months later, Mr. Gump finds himself in a far more perilous condition than his neighbors.
On his street, he […]

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HONG KONG (Reuters) – The dollar edged further away from 14-month lows on Monday as investors trimmed bets against the beleaguered U.S. currency, while South Korean stocks dragged down other Asian markets on worries third-quarter earnings may not live up to expectations.
Activity was limited due to a holiday in Japan and with most U.S. […]

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CHICAGO, Oct. 8 (Xinhua) — The revamped board of directors of U.S. automaker General Motors Co. is spending the next month poring over the automaker’s business plan with CEO and President Fritz Henderson’s management team, the company said Thursday. The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan […]

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WASHINGTON — Fissures are developing among policy makers at the Federal Reserve as they debate how and when to start raising the benchmark interest rate from its current level just above zero.
With Fed officials forecasting that unemployment will average 9.8 percent in 2010, nobody appears to be arguing that monetary policy should be tightened anytime […]

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NEW YORK – A surprise drop in consumer confidence tripped up investors Tuesday, a day after a round of corporate takeovers set off a steep market rally.
Stocks slid after the Conference Board said its consumer confidence index fell in September. Economists had been expecting a reading of 57; instead it came in at 53.1.
The private […]

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LONDON (Reuters) – Kraft Foods Inc (KFT.N) is poised to launch a hostile bid for Cadbury Plc (CBRY.L) valuing the British confectionery business at around 11 billion pounds ($17.6 billion), a report in The Observer newspaper said.
In a separate interview with the Sunday Times, Kraft Chairman and Chief Executive Irene Rosenfeld said Cadbury CEO […]

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BEIJING, Sept. 17 (Xinhua) — The first seven companies applying for listing on the Growth Enterprise Market (GEM), a Nasdaq-alike market in China, have got green lights from the country’s securities regulator on Thursday.
They are in the fields of software, medical equipment and medicines. They planned to raise 2.27 billion yuan (332.65 million U.S. […]

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European leaders are set to endorse a call for more government control over bankers’ pay ahead of the Group of 20 summit meeting next week in Pittsburgh.
In a statement expected to be adopted at a European Union meeting in Brussels on Thursday evening, the leaders called on G-20 members to stand by commitments made […]

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Filed at 12:47 a.m. ET
HONG KONG (AP) — Asian stocks rose Wednesday, lifted by better news about the U.S. economy and comments from the Federal Reserve’s chairman that the recession was likely over.
Major benchmarks in Japan, Korea and Hong Kong were up about 2 percent each, following on the heels of more gains on Wall […]

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NEW YORK (Reuters) – Shares of FedEx Corp (FDX.N) rose 4.5 percent to $75.90 in premarket trading on Friday, after the company said its first-quarter earnings would exceed guidance.
(Reporting by Ryan Vlastelica)

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DUBAI, United Arab Emirates — For more than a year, prosecutors have been cracking down on the corruption and kickbacks that thrived during the boom years in this Persian Gulf city-state. Dozens of executives have been arrested and charged in a high-profile effort to show that fraud will no longer be tolerated. Investigators say their […]

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LONDON — The Bank of England decided Thursday to leave its benchmark interest rate at a record low of 0.5 percent, amid signs that the country’s economy is recovering more slowly than in many other parts of Europe.
The central bank also left its £175 billion, or $290 billion, program of buying bonds intact, following an […]

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MOSCOW — Russia is surpassing Saudi Arabia in oil exports for the first time since the Soviet Union’s collapse as Prime Minister Vladimir V. Putin exploits OPEC production cuts to gain market share.
Exports of crude oil and refined products from Russia rose to 7.4 million barrels a day in the second quarter, from 7.25 million […]

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