An unexpected drop in the unemployment rate helped to revive Wall Street on Friday, pushing all sectors of the market sharply higher. The US jobless rate fell back to 10 per cent in November after the economy shed the fewest jobs since the recession
Energy and financial stocks dragged the market lower in early trading on Friday as Wall Street floundered in the aftermath of Dubai World’s request for a debt standstill. A drop in oil of more than $3 a barrel, buffeted the energy sector, while larg
Encouraging results from Tiffany added to the holiday cheer on Wall Street but weaker oil prices kept stocks flat in early trading on Wednesday. The market had initially been buoyed after personal income and spending data topped estimates and the nu
Quarterly results from Hewlett-Packard and Heinz added to Wall Street’s pessimism on Tuesday after a barrage of economic data sent US stocks lower. The Commerce Department reduced its reading of the country’s GDP in the third quarter from 3.5 per ce
US stocks bounced back from last week’s losses after dollar weakness boosted energy companies and encouraging housing data reassured investors. Sales of previously owned homes in the country rose 10.1 per cent in October, lifting homebuilders’ share
LONDON - England manager Martin Johnson, extraordinarily appointed to his post last year without any previous coaching experience, likes to deflect criticism by saying everyone is entitled to an opinion. But even the 2003 World Cup winning captain
US stocks edged lower on Friday after disappointing results from Dell added to fears that the economic recovery has begun to falter. The second-largest personal computer maker said profits had plunged 54 per cent during the third quarter. The compan
BEIJING - Asian markets were mostly lower Friday amid investor uncertainty about the global outlook after Wall Street fell on weak energy demand. Markets in Tokyo, Shanghai and Seoul declined, while Hong Kong and Taipei traded slightly higher after
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