RIO DE JANEIRO, Sept 18- Brazil's state-run oil company, Petroleo Brasileiro SA, will sign a contract to build and lease a floating production ship for its giant Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on Thursday.» Read More
Global stocks rose Monday ahead of the expected release of the U.S. government's bank stress test results. Experts tell CNBC if the banking system isn't fixed, governments' stimulus efforts are in vain.
Chrysler's sales in the U.S. for April were down 48 percent. The now bankrupt automaker sold 76,682 total vehicles versus 147,751 a year ago. Despite the big declines, all the numbers were well above forecasts.
Global stocks were higher Friday, the first day of May, as investors were encouraged by the returns in April's strong market performance and batted off news of Chrysler's bankruptcy announcement and deepening concerns about the swine flu outbreak.
"Pork bellies! I have a hunch something exciting is going to happen in the pork belly market this morning." Dan Aykroyd said just that in "Trading Places," the finest movie ever based on the commodities markets.
Stocks ended flat for the day as news of a Chrysler bankruptcy filing quashed the day's gains, but logged solid gains for the month of April.
Stocks opened higher Thursday as investors took heart from signs of recovery in the economy and the Federal Reserve's statement that the economic outlook was improving.
Global stocks rose again Thursday as investors took heart from signs of improvement in the U.S. economy after the Federal Reserve tweaked its policy statement to say that the economic outlook was improving. But experts on CNBC were mixed on when the economy will recover.
Global stocks enjoyed a second day of gains Thursday, waving off fears of a swine flu pandemic, as most corporate earnings come in better than expected. But with the global economic outlook still cloudy, experts tell CNBC how best to invest.
Three people briefed on the deal say Italian automaker Fiat Group SpA will sign paperwork by Thursday to become a partner with Chrysler.
Stocks advanced but ended off their highs Wednesday after the Federal Reserve said the recession appears to be easing.
GM and Chrysler dealers have both hired lawyers to represent them in bankruptcy proceedings, CNBC has learned.
Futures pared gains Wednesday after the first look at first-quarter GDP showed the economy contracted at a sharper pace than expected.
Ahead of the May 4 bank stress test results, experts tell CNBC that the financial system may not be in the clear yet.
Global stocks were higher Wednesday as swine-flu fears took a step back from the spotlight and investors focused on the upbeat economic data which came out of the U.S. Experts tell CNBC that the acceleration in China's stock markets may be short-lived.
There could be some investment opportunities from the swine flu outbreak, said Darin Richards, CIO of AKT Wealth Advisors.
It may be the safe-haven choice of the financial crisis, but experts tell CNBC that cash will underperform over the next 10 years.
Concerns over the recent swine flu pandemic continued to drag on global stocks Tuesday. Experts tell CNBC to buy into the dips, and look for opportunities in Asia and commodities.
Cramer offers up two picks to play what might be an industry rebound.
Global stocks were down Monday, after enjoying 7 weeks of gains, as concerns of the outbreak of swine flu spooked investors. But experts tell CNBC that stocks are still a good long-term bet.
Global stocks fell Monday after 7 weeks of gains as concerns intensified the spread of swine flu, which has killed more than 100 people in Mexico, would hit the global economy. Experts tell CNBC how to position themselves during the epidemic.