By MARY CLARE JALONICKAssociated Press
WASHINGTON (AP) - The Food and Drug Administration may consider new standards for the levels of arsenic in rice as consumer groups are calling for federal guidance on how much of the carcinogen can be present in food.
So far, FDA officials say they have
LONDON (AP) - The Bank of England's Monetary Policy Committee was unanimous this month in keeping the interest rates and the economic stimulus program unchanged.
Minutes of the MPC meeting released Wednesday show all but one of its nine members are open to another increase in the stimulus
BERLIN (AP) - A German court has dismissed two investor lawsuits seeking damages from sportscar maker Porsche SE for alleged market manipulation during its failed bid to take over Volkswagen AG.
Wednesday's ruling by Braunschweig state court in northern Germany appears to strengthen Porsche
By ANDREW DALTONAssociated Press
LOS ANGELES (AP) - A for-sale sign for the owner of the Staples Center arena, the NHL's Los Angeles Kings, Major League Soccer's LA Galaxy and a stake in the LA Lakers would be a major shock to the city's sports, entertainment and business
MADRID (AP) - Spanish clothes retailer Inditex, which owns the Zara store chain, has posted a 32 percent increase in first-half net profit as it continued expanding in emerging markets.
Inditex said Wednesday that sales for the first six months of the year were €7.2 billion ($9.4 billion), up 17
BEIJING (AP) - Foreign direct investment in China declined in August for a third straight month as the impact of economic weakness in Europe and the United States worsened, the government said Wednesday.
Foreign investment in factories, real estate and other assets declined 1.4 percent from a year
By AMY TEIBELAssociated Press
JERUSALEM (AP) - The World Bank warned Wednesday of a deepening fiscal crisis in the Palestinian territories and appealed to donors to act urgently to prop up the Western-backed Palestinian Authority.
The bank said the finances of the Palestinian Authority, which
By ELAINE KURTENBACHAP Business Writer
TOKYO (AP) - Japan's central bank expanded its monetary easing by 10 trillion yen ($126 billion) Wednesday, moving to nurture the country's feeble economic recovery and cushion its exporters from the yen's rise.
The Bank of Japan wrapped up a
By JOE McDONALDAP Business Writer
BEIJING (AP) - Asian stock markets rebounded Friday, led by oil and technology shares, despite uncertainty about the fragile global economy.
Crude rose above $93 in Asian trading, helping to boost energy stocks.
The regional heavyweight, Tokyo's Nikkei 225
By JOSHUA FREEDAP Business Writer
Oil prices fell on Wednesday for the third day in a row as traders realized that a recent run-up to $100 may have been overdone.
Oil ended at $91.98 on Wednesday, dropping $3.31, or 3.5 percent. That was its lowest close since Aug. 3. Oil has fallen 7 percent