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Euro falls on bank sector jitters as RBA eyed
(Reuters) - The euro slid on Tuesday from a three-week peak against the dollar hit the previous day, as rekindled worries about the European banking sector prompted investors to cut risks.
Fini attacks Berlusconi, but no elections yet.
Italy is facing renewed political uncertainty after a one-time ally of the Prime Minister Silvio Berlusconi launched a new attack on his leader, but stopped short of triggering new elections.
BP oil spill costs hit $8 billion as ends rig probe
(Reuters) - BP Plc said the cost of dealing with its oil spill in the Gulf of Mexico had risen to $8 billion as the oil giant prepared to release the findings of an internal probe into the causes of the disaster.
GM roadshow to begin after elections: sources
(Reuters) - Automaker General Motors Co plans to begin courting investors for its initial public offering immediately after the November 2 U.S. midterm congressional elections, two sources familiar with the plans said on Wednesday.
Wall St extends gains on manufacturing data
(Reuters) - Stocks extended broad-based gains on Wednesday, rising more than 2 percent after data showed the manufacturing sector grew more quickly than expected in August.
European economic sentiment up
1. smaller_text 2. larger_text 3. print_article People living in the euro zone were more optimistic about the region’s economy in August. A monthly European Commission survey showed sentiment improved in the 16 country using the euro to 101.8 points from July’s downwardly revised 101.1.
Intel to buy Infineon's mobile unit for $1.4 billion
(Reuters) - Intel will buy German chipmaker Infineon's wireless unit for $1.4 billion, enabling the U.S. chipmaker to boost its presence in the smartphone market.
World's workshop heads to inland China
China (Reuters) - In a vast muddy cornfield scarred with the tracks of heavy vehicles, two young engineers pore over a construction blueprint showing a grid of 100 rectangular factory blocks.
BP expects to install new cap on Gulf leak Monday
(Reuters) - BP Plc expects to install a new cap on its gushing Gulf of Mexico oil leak later on Monday, a company executive said.
China renews Google's operating licence
Search engine Google has said that it has been given the go-ahead by Beijing to continue operating its Chinese web site following a censorship row.