Hot Business Topics
Wholesale companies added more autos, machinery and computers to their stockpiles in June, pushing inventories up for the 18th consecutive month.
Sales at the wholesale level rose 0.6 percent in June, the Commerce department said Wednesday. That followed a 0.3 percent drop in May. Sales have risen in 10 of the past 12 months.
Stockpiles increased 0.6 […]
Young men who were only recently shooting at each other are now doing push-ups side by side in a boot camp. But in Ivory Coast’s far west, armed fighters still attack and steal from the population, almost 700,000 of whom are too afraid to return home.
As President Alassane Ouattara meets with President Barack Obama on […]
Americans are going for smaller cars as gas prices march higher.
New models that get 35 mpg or better, including the Chevrolet Cruze, Hyundai Elantra and Ford Focus, led most major automakers to stronger April sales. Even buyers of pickup trucks chose more efficient engines.
The shift to more fuel-efficient cars was good news for Detroit and […]
Markets in Japan and South Korea rose Monday amid holiday-thinned trading in Asia after U.S. stocks gained on positive earnings to round out their best month since the end of last year. The dollar rose and oil prices extended declines after news of the death of Osama bin Laden.
Japan’s Nikkei 225 gained 1.5 percent to […]
In the first remarks since his ouster, former Egyptian President Hosni Mubarak denied he abused his authority to amass wealth and property in a speech broadcast Sunday, as hundreds of protesters occupying the heart of Cairo shouted for him to be brought to trial.
Mubarak, forced out of office two months ago by a popular uprising, […]
Vietnam’s central bank raised the amount of dollar deposits lenders must set aside as cash to curb the use of foreign currency in the nation and stabilize the dong.
The reserve ratio on deposits held in the U.S. currency will increase by 2 percentage points to a range from 3 percent to 6 percent from […]
World stock markets rose Monday after a drop in U.S. unemployment boosted sentiment despite ongoing crises in Japan and the Middle East.
Oil prices jumped to fresh 30-month highs near $109 a barrel, pushed upward by signs that a stronger U.S. economy would strengthen demand for oil while continuing unrest in some oil-producing countries could disrupt […]
Filed under: Uncategorized, news by Forest
Comments Off
Japanese stocks opened higher Monday, as a steadily weakening yen helped key exporters gain ground following the March 11 earthquake-tsunami disaster and positive jobs data out of the U.S. provided evidence its economic recovery was on track.
The benchmark Nikkei 225 index was 0.7 percent higher to 9,778.28, ignoring a Bank of Japan report that the […]
Amazon.com wants to be more than a destination for shopping online _ it also dreams of being a place where you can store your music, photos and videos and access them any time, from any computer.
The online retailer launched two new offerings late Monday: Amazon Cloud Drive and Amazon Cloud Player. The first lets you […]