Ed Bussey, founder and CEO of Quill, tells CNBC that Quill helps curate choice on the internet so consumers can make informed decisions whatever they are buying.» Read More
LONDON, Jan 10- The Bank of England is likely to withhold fresh monetary stimulus at the start of the new year, with economic news still not bleak enough to trump worries about stubborn inflation.
All four big BRIC economies posted a rise in economic activity in the last quarter of 2012, with Chinese manufacturing returning to growth for the first time in 18 months, according to HSBC's emerging markets index.
NEW YORK, Jan 9- Oil prices slipped on Wednesday after a worrying rise in U.S. fuel inventories while gold edged lower on lingering speculation the Federal Reserve might curtail its highly stimulative monetary policy. Natural gas was the largest loser on the CRB, falling 3.3 percent on fairly mild near-term weather forecasts in the United States.
DETROIT, Jan 9- The minority owner of Chrysler Group LLC on Wednesday pushed the U.S. automaker to take the first step toward becoming a public company again by demanding that Chrysler register shares with U.S. regulators.
LAS VEGAS, Jan 9- Samsung Electronics Co is looking to supply chips to more Chinese and other emerging smartphone makers, the head of its system chip business said, to counter any fall-off in demand from Apple Inc, which is weaning itself off Samsung chips used in its iPhones and iPads.
NEW YORK, Jan 9- Oil futures fell slightly on Wednesday after government data showed U.S. fuel stocks rose sharply last week, a sign of ample supply in the world's top consumer of oil. "The report is solidly bearish with the large builds in refined products, especially gasoline," said John Kilduff of hedge fund Again Capital in New York.
LONDON, Jan 9- Seasonal bellwether or just hocus pocus, the first five trading days bode well for 2013.. Tuesday marked the fifth market day of 2013 and, lo and behold, there's been a net gain of almost 2 percent- similar to last year and thanks mainly to a New Year's Eve deal in Washington to avert the tax and spending crunch known as the "fiscal cliff".
*Spain and Italy debt sales could sway sentiment. NEW YORK, Jan 9- The yen plummeted against the U.S. dollar on Wednesday, revisiting a trend that recently took the currency to a 2-1/ 2- year low on expectations of easier Bank of Japan policy and the possibility the central bank will raise its inflation goal.
NEW YORK, Jan 9- Gold fell in light trading on Wednesday after the previous session's gain, while palladium rose over 2 percent as improving U.S. auto sales amid a better economic outlook triggered fund buying. Signs of better Asian physical demand from China and India, however, provide underlying support, traders said.
*China trade data, central bank meetings results awaited. Brent and U.S. crude futures saw choppy trading as investors remain cautious ahead of economic data from China, expected to confirm revived economic growth, and the results of this week's Bank of England and European Central Bank meetings.
LONDON, Jan 9- Betting against the European Central Bank, and the eurozone's survival in general, proved a costly strategy for hedge funds in 2012..
NEW YORK, Jan 9- The dollar rallied against the yen on Wednesday, ending two days of declines and moving back towards a recent 2-1/ 2 year high, as positioning on expectations of easier Bank of Japan monetary policy led some investors to sell the Japanese currency.
LONDON, Jan 9- Rallying telecom stocks and a bullish start to the new earnings season propelled Europe's top shares to fresh 22- month closing highs on Wednesday.
LONDON, Jan 9- The LED lighting industry is set to dominate the global market more than a century after its discovery, benefitting from a widespread ban of conventional incandescent bulbs and as the market share of competing green replacements fade.
LONDON, Jan 9- Oil eased below $112 per barrel on Wednesday on increasing supply and rising inventories in the United States. Brent futures shed 67 cents to $111.27 per barrel at 1556 GMT, after adding 54 cents on Tuesday. "The report is solidly bearish with the large builds in refined products, especially gasoline," said John Kilduff of Again Capital LLC in New York.
*World shares rise as Alcoa points to rising global demand. NEW YORK Jan 9- Global equities climbed on Wednesday after aluminum maker Alcoa opened the U.S. earnings season with a brighter outlook for global demand, while the dollar rose against the yen on expectations of more easing from the Bank of Japan this month.
*UK business: Britain must be at heart of a reformed Europe. LONDON, Jan 9- Prime Minister David Cameron will damage Britain's fragile economy if he demands major changes that could threaten the country's relationship with the European Union, business leaders said on Wednesday.
LONDON, Jan 9- Gold was down marginally on Wednesday, losing early gains as a stronger dollar weighed against background support from firmer equities markets. Spot gold edged down to $1,657.35 an ounce at 1503 GMT, while U.S. gold futures for December delivery were down 0.1 percent at $1,659.60.
*U.S. shares on loan up 3 pct to $358 bln in wk to Jan. 4. LONDON, Jan 9- How durable is the Wall Street bounce following last week's U.S. budget deal? The news triggered sharp gains in the S&P 500 index, which rose 2.5 percent to 1,462 points on Jan. 2.
BRUSSELS, Jan 9- European telecoms operators want more consolidation in a crowded market, industry sources said on Wednesday, but have not discussed creating a single network for the continent with competition authorities in Brussels.