Consumers in China and India tend to typically buy gold in jewellery form, swooping in to hunt bargains or if they are confident of a sustained rally. A lack of interest from China and India- which together account for about 45 percent of world gold demand- could put a dent on the metal's biggest rally in years, though panic buying of gold coins and bars led by Western...» Read More
NEW YORK-- Tupperware Brands Corp.' s third-quarter net income more than quadrupled from a year ago, bolstered by strong sales in its emerging markets. The seller of food-storage containers and other home products, based in Orlando, Fla., also raised its profit outlook, sending shares up more than 7 percent.
WASHINGTON-- Environmental groups say they plan to petition the federal Environmental Protection Agency to require toxic chemical release reporting for the oil and gas industry.
LONDON, Oct 24- Gold prices hovered near a seven-week low on Wednesday as a weak reading of the German economy lifted the dollar versus the euro, while dealers awaited the U.S. Spot gold was at $1,708.90 an ounce at 1023 GMT against $1,708.09 late in New York on Tuesday, while U.S. gold futures for December delivery were up 30 cents an ounce at $1,709.70.
MANITOWOC, Wis.-- Around lunchtime each day, the latest missives promoting or pillorying Democratic President Barack Obama and Republican nominee Mitt Romney arrive in Diane Ouradnik's mailbox. Senior citizens are getting dueling pieces from Obama and Romney casting the other as detrimental to Medicare.
BALTIMORE-- A Maryland health advocacy group is releasing a study on the effects of tax increases on small cigars and smokeless tobacco products. The Maryland Health Care For All Coalition is releasing the study on Wednesday in Baltimore. The tax increases were approved this year.
LISLE, Ill.-- Navistar is making a public offering of about 10 million shares of its stock. Earlier this month Navistar International Corp. added a colleague of activist investor Carl Icahn and a former protege of his to its board in order to head off a proxy war.
SALAMANCA, N.Y.-- The Seneca Nation of Indians is showing off the expansion of the hotel at one of its casinos in western New York. Nation officials say the $53 million project is adding 200 rooms to the Seneca Allegany Casino and Hotel in Salamanca, 50 miles south of Buffalo.
ALBANY, N.Y.-- State regulators, farmers and orchard growers are heading to Albany for New York's wine and beer "summit." The aim of the meeting is to boost wine production and craft brewers, in part to spur job growth. Andrew Cuomo and the state Farm Bureau will lead the discussion of ways state government can help these old, but small, industries flourish in New York.
TONAWANDA, N.Y.-- Chemical giant DuPont Co. says some of the 1,500 jobs it plans to eliminate are at a plant in western New York. A company spokesman tells Buffalo-area media outlets they're at its factory in the town of Tonawanda, just outside of the city. DuPont announced the cuts Tuesday along with its quarterly earnings.
*France's Areva, Japan's Toshiba among reactor builders that could benefit. BEIJING, Oct 24- China will restrict the number of new nuclear reactor approvals to a ``small amount'' before 2015, and will only allow them to be built in coastal regions, the government said on Wednesday.
DENVER-- A rally organized by opponents of hydraulic fracturing drew about 200 people to Denver's Civic Center Park on Tuesday night. Jakob Dylan of The Wallflowers, actress Daryl Hannah and others ended the four-hour Frack Free Colorado rally by singing "Stand By Me" on stage together.
SEATTLE-- About a thousand more international students are enrolled at the University of Washington's Seattle campus this fall, but school officials say that doesn't mean they have cut back on the number of in-state students at the state's most selective public university.
KIEV, Ukraine-- When Ukraine's president opened up his home to TV cameras, he presented a cozy place with a small office just big enough for his grandchildren to play in.
AMMAN, Jordan-- The foiling of a planned al-Qaida terror plot in Jordan underscores a new subplot in the story of the Arab Spring: Things are heating up for King Abdullah II, a Western-oriented monarch who has run a business-friendly, pragmatic monarchy with some trappings of democracy.
NEW YORK-- A silver paperweight that President John F. Kennedy gave to Secretary of Defense Robert McNamara after the Cuban missile crisis sold for $95,500 at an auction Tuesday of McNamara's personal effects, Sotheby's said. McNamara, who died in 2009, served as the head of the Pentagon from 1961 to 1968, first for JFK and then for President Lyndon B. Johnson.
KHARTOUM, Sudan-- A powerful explosion at a military factory rocked Sudan's capital before dawn Wednesday, sending detonating ammunition flying through the air and causing panic, the official news agency and local media reports said. Khartoum governor Abdul-Rahman Khedr told SUNA agency that no one died in the explosion.
PROVIDENCE, R.I.-- The Associated Press and three other news organizations Tuesday filed legal papers asking a Rhode Island judge to unseal documents in a lawsuit contesting the will of an elderly widow who gave some $60 million to the Legion of Christ, a disgraced Roman Catholic religious order.
MEMPHIS, Tenn.-- Memphis will now be the home of a national program deploying music industry veterans to mentor young and up-and-coming musicians. David Porter, the songwriter who co-wrote such classics as "Soul Man" and "Hold on I'm Comin," announced the program Tuesday in Memphis.
PARSIPPANY, N.J.-- Wyndham Worldwide Corp. said Wednesday its third-quarter earnings fell 9 percent as the impact of a stronger dollar and higher costs overshadowed improving revenue. Taking out the effect of currency exchange, Wyndham said net income would have grown by 6 percent.