The traffickers lived modestly and had alleged links to known terrorists, including Omar Abdel-Rahman, the blind cleric serving a life sentence for a conspiracy to blow up New York City landmarks. Arrests also were made in New York City, New Jersey and Delaware.» Read More
The traffickers lived modestly and had alleged links to known terrorists, including Omar Abdel-Rahman, the blind cleric serving a life sentence for a conspiracy to blow up New York City landmarks. Arrests also were made in New York City, New Jersey and Delaware.
WASHINGTON, May 9- U.S. wholesale inventories rose in March, fueled by increased stocks of cars and machinery which have provided support for economic growth early in the year. The Commerce Department said on Thursday wholesale inventories rose 0.4 percent, just above the median forecast in a Reuters poll for a 0.3 percent gain.
WASHINGTON, May 8- A U.S. House of Representatives panel advanced a bill on Wednesday on how the federal government should track prescription drugs as they move through the distribution chain, over the objections of some Democrats who said the proposal did not go far enough to ensure safety.
WASHINGTON _ Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON _ Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.. WASHINGTON _ Commerce Department releases wholesale trade inventories for March, 10 a.m..
Citi Research upgraded CP All Pcl, Thailand's largest convenience store operator, to' buy' from' neutral' and raised its price target to 47.5 baht from 44 baht, citing its recent acquisition of wholesaler Siam Makro Pcl. The broker maintained a' sell' rating on Siam Makro with a price target of 640 baht.
Shanghai authorities are testing mislabeled mutton from a wholesaler that supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands.
SHANGHAI, May 6- Shanghai authorities are testing mislabelled mutton from a wholesaler a government website said supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands Inc, the latest safety scare to taint China's food industry.
NEW YORK, May 3- With Friday's U.S. payrolls report serving as a springboard to lift Wall Street stock indexes to fresh all-time highs, investors are left to contemplate whether the gains will fizzle or if the upward momentum will continue. said Art Hogan, managing director of Lazard Capital Markets in New York.
NEW YORK, May 3- With Friday's U.S. payrolls report serving as a springboard to lift Wall Street stock indexes to fresh all-time highs, investors are left to contemplate whether the gains will fizzle or if the upward momentum will continue.
STOCKS AND FACTORS TO WATCH-- CP All Pcl, Siam Makro Pcl. Profit at Thailand's largest convenience store operator is expected to rise an average 30 percent a year from 2014 after the $6.6 billion acquisition of cash and carry wholesaler Siam Makro, a financial adviser said.
The Senate bill would require each individual drug unit to be traceable, requiring a more significant investment in technology. It is the kind of system favored by the U.S. Food and Drug Administration, and shares certain similarities with the Senate bill, but some drug companies and distributors are fearful it will be too stringent.
*CP All offers 787 baht per share for Siam Makro. The country's biggest convenience store chain CP All Pcl, controlled by Dhanin Chearavanont, is gunning to push deeper into Thailand's $80 billion retail sector just two months after Dhanin completed a deal to buy a $9.4 billion stake in Ping An Insurance Group of China from HSBC plc.
NEW YORK, April 9- Gold rose on Tuesday as volatility in the currency market triggered by Japan's aggressive monetary easing plan lifted bullion's appeal as a hedge against inflation and currency fluctuations. Silver, often more volatile and speculative than gold, rose 2.5 percent for its biggest one-day gain in five months.
NEW YORK, April 9- Gold rose 1 percent on Tuesday as volatility in the currency market triggered by Japan's aggressive monetary easing plan lifted bullion's appeal as a hedge against inflation and currency fluctuations. Gold had largely failed to rally after the Bank of Japan pledged last Thursday to inject about $1.4 trillion into the economy over two years.
WASHINGTON, April 9- U.S. wholesale inventories recorded their biggest decline in nearly 1-1/ 2 years in February as petroleum stocks tumbled and overall sales rose solidly, which could see first-quarter growth estimates shaved.
*J.C. Penney tumbles after CEO shake-up. NEW YORK, April 9- Wall Street was set to start slightly higher on Tuesday after encouraging economic data from China, while investors braced for corporate earnings that are expected to show only modest growth.
NEW YORK, April 9- U.S. stock index futures were mixed on Tuesday as encouraging data that showed consumer inflation in China cooled last month was offset as investors braced for an earnings season that is expected to be lackluster.
*Shanghai copper stocks fall in week ended April 4. SINGAPORE, April 9- London copper climbed to a nearly two-week high on Tuesday after cooling inflation in top consumer China fuelled hopes it would sustain its accommodative monetary policy, underpinning consumer buys in a steady albeit modest seasonal recovery.
*Gold momentum fades on S&P gain, dollar rise. *Sentiment dips, George Soros said gold proves unsafe. NEW YORK, April 8- Gold fell on Monday as a stronger performance in U.S. equities and a dollar rise prompted investors to take profits after its rally in the previous session.
OTTAWA, March 19- Canada's hard-hit manufacturers failed to bounce back in January after a dismal year-end performance, an early sign that the economy may continue to stumble in early 2013, partially offset by more upbeat wholesale activity in the month.