NEW YORK-U.S. shoppers spent more in November, preliminary sales reports and new data show, as they responded to "Black Friday" deals and promotions that began early in the month. The news comes a day after data showed "Cyber Monday" was the biggest one-day online shopping day ever, and adds to the hope that this holiday shopping season will be less muted than the last two. But Americans are still spending cautiously as they face high unemployment and an uncertain economy. Analysts expect holiday...
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WASHINGTON-House Republicans have temporarily blocked legislation to feed school meals to thousands more hungry children. Republicans used a procedural maneuver Wednesday to try to amend the $4.5 billion bill, which would give more needy children the opportunity to eat free lunches at school and make those lunches healthier. First lady Michelle Obama has lobbied for the bill as part of her "Let's Move" campaign to combat childhood...
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WASHINGTON-A minor fender-bender in a sport utility vehicle can lead to expensive repair bills, the insurance industry has found in new crash tests. The Insurance Institute for Highway Safety estimated Thursday that repairing damages to SUVs -- and passenger cars involved in low-speed crashes with SUVs -- could cost anywhere from about $3,000 for two vehicles to nearly $10,000. The tests were conducted at 10 miles per hour and meant to simulate crashes in...
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The sale of stakes in state assets like airports will allow Spain to issue less debt than expected next year, according to economy minister Elena Salgado. In an interview with the Financial Times� published today, Ms Salgado said the treasury would need to issue only about Euro30 to Euro31 billion of new debt in 2011, compared with the Euro45 billion originally envisaged. Spain said yesterday it would sell off stakes in airports and the state-run...
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NEW DELHI-Indian information technology mogul Azim Premji says he will donate shares...
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KUALA LUMPUR, Malaysia - Oil prices hovered near $87 a barrel Thursday in Asia after a sharp rally the day before that was powered by strong economic data from the U.S. and China. Benchmark oil for January delivery was down 3 cents to $86.72 a barrel at late afternoon Kuala Lumpur time in...
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Worried by the huge amount...
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President of the London School...
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Bayelsa State governor, Chief...
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Long queues returned to filling...
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UAE has been an active and committed member of the Organization of the Petroleum Exporting Countries since 1974, the Secretary General of OPEC said. 'The relationship with OPEC is one based on trust and mutual understanding, focused on furthering the goals of OPEC as an organization, and the UAE, as one of its Member Countries,' Abdalla Salem El -Badri, the Secretary General of OPEC said in a statement on the occasion of the 39th National Day of the United Arab Emirates on 2 December 2010. 'From the...
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The management of...
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