London Euro slumped back against the U.S. dollar on Monday, as investors adjust positions ahead of Federal Reserve meeting, which some believe could announce new measures to boost the sluggish recovery.Dealers said the euro rose in early trading very strongly supported by the German trade figures which show Europe’s economic giant will help drive growth [...]

WASHINGTON Federal regulators have got to address the “casino environment” on Wall Street where computerized high-frequency trading can trigger market-shaking turmoil, Senate Banking Committee Chairman Chris Dodd said Sunday.Dodd, D-Conn., pointed to the new phenomena of computers buying and selling stock in nanoseconds as a possible cause of last Thursday’s meltdown. The market fell nearly 1,000 [...]

The Group of Seven rich countries is concerned about Greece’s debt problems, a Canadian official said on Friday, and hinted that there may be other countries that will also need help.Canada is this year’s chair of the G7.Canadian Finance Minister Jim Flaherty would not discuss the substance of talks between G7 finance ministers and central [...]

WOODBURY, N.Y., April 29 The manufacturers of AriZona Iced Tea released a statement saying their headquarters is in New York, not Arizona, to head off boycott talk.Don Vultaggio, founder of the beverage company, released a statement Wednesday asking people not to project their anger about Arizona’s new law — which gives police the right to [...]

NEW YORK, April 29  Crude oil prices climbed to more than $85 per barrel on the New York Mercantile Exchange, as concern over Greek debt abated Thursday.The International Monetary Fund agreed to increase the size of loans to Greece by $100 billion to $160 billion, The New York Times reported. European markets rebounded. Concern over [...]

Sabriya,Kuwait on Thursday opened a new reception center at Sabriya oil fields as part of efforts to encourage the Gulf states to increase oil production to four million barrels per day in 2020. Oil Minister Sheikh Ahmad Abdullah al-Sabah inaugurated the center’s third largest oil fields near Kuwait’s northern border with Iraq. The facility was [...]

SINGAPORE Oil prices rose above $85 a barrel Monday in Asia after a massive loan offer to Greece by European countries helped weaken the dollar, making crude cheaper for investors holding euros.Benchmark crude for May delivery was up 50 cents to $85.42 a barrel at midday Singapore time in electronic trading on the New York Mercantile [...]

Express mail giant FedEx Corp. is preparing to roll out the first of four new all-electric delivery trucks in Los Angeles next month, but Chief Executive Frederick W. Smith said there were still significant barriers to bringing large numbers of zero-emission and low-emission commercial vehicles into service quickly in the U.S. “We would like to [...]

Crude oil prices on the New York Stock Exchange is now approaching U.S. $ 84/barrel, even in this time have the highest record in the last 17 months. Significant increase was thanks to the President of the United States (U.S.), Barack Obama, who announced the offshore oil drilling in new areas. based on the transaction [...]

FRANKFURT Siemens AG says it expects demand for products from its industrial division to stabilize this year after the economic downturn hit spending on big-ticket items.Munich-based Siemens said Friday that – assuming there is a steady economic recovery – new orders in the sector should reach the level of its 2009 fiscal year, which ended [...]