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US stocks rose as investors took a favourable view on the latest GDP reading and reacted to better-than-expected quarterly earnings figures from retailers Sears and Tiffany
The drinks group lowered its guidance for the year in the face of rising costs and adverse economic conditions as it reported flat pre-tax profits
The US economy grew at an annualised rate of 3.3 per cent in the second quarter - both faster than previously estimated by the government and a stronger upward revision compared with economists' forecasts
The US economy grew at an annualised rate of 3.3 per cent in the second quarter - both faster than previously estimated by the government and a stronger upward revision compared with economists' forecasts
Crude oil and US natural gas prices continued to find support from concerns that tropical storm Gustav will disrupt oil and gas production in the Gulf of Mexico this weekend
Crude oil and US natural gas prices continued to find support from concerns that tropical storm Gustav will disrupt oil and gas production in the Gulf of Mexico this weekend
The Shanghai Cooperation Organisation (SCO), a grouping of China and Russia's Central Asian allies, expressed grave concern over tensions in Georgia and called for reconciliation and more talks, seemingly at odds with Russian president Dmitry Medvedev's call for support as only Belarus voiced explicit backing
The Shanghai Cooperation Organisation (SCO), a grouping of China and Russia's Central Asian allies, expressed grave concern over tensions in Georgia and called for reconciliation and more talks, seemingly at odds with Russian president Dmitry Medvedev's call for support as only Belarus voiced explicit backing
House prices continued their ten month slide in August to register one of the biggest year on year falls recorded in the UK in the last eighteen years, sending sterling to a near record low against the euro
Seoul will stop using the term 'main enemy' in its biannual defence white paper despite Pyongyang's threat to reduce its neighbour 'to ashes'
