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Gold lending rates roar back after jobs data

The cost of lending gold returned to positive territory on Friday for the first time in over a month, capping a dramatic week-long recovery, as robust U.S. jobless data reinforced expectations of higher interest rates next year.


Fiat Chrysler meets US investors after launching bond, share offers

Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) began meeting U.S. investors on Friday after launching a $2.5 billion convertible bond issue and a share sale to reduce its debt pile and fund an ambitious investment plan.

GM's recall of mid-sized pickups affects 2,432 vehicles in U.S., Canada

General Motors Co (GM.N) disclosed on Friday that it recalled more than 2,400 of its new mid-sized pickup trucks in the United States and Canada to fix a previously announced air bag issue.

Lockheed missile deal with Poland worth $250 million: defense ministry

A contract won by Lockheed Martin Corp (LMT.N) to supply Poland's air force with JASSM long-range air-to-surface missiles is worth about $250 million, the Polish defense ministry said.


Latest News

U.S. broadcasting companies CBS Corp and Dish Network Corp reached a multiyear deal on Saturday with CBS agreeing to continue to deliver its programs to Dish's 14 million subscribers.
"Red Band Society's" last three episodes halted from production. Executive Producer Rina Mimoun asks for fans' support and promises cast death in first season.
An International Monetary Fund mission will visit Kiev from Dec. 9 to 18 for talks with the new government regarding a $17 billion bailout program, the IMF's Ukraine representative Jerome Vacher said on Saturday.
U.S. employers added the largest number of workers in nearly three years in November and wage gains picked up, a sign of economic strength that could draw the Federal Reserve closer to raising interest rates.
Britain plans to introduce a tax to target multinationals such as Google Inc (GOOGL.O) and Amazon Inc (AMZN.O) accused of using complex accounting schemes to cut their payments on earnings in the country.
A German entrepreneur has invented an in-home machine that quickly turns raw beans into a freshly brewed cup of coffee, racking up 5,000 pre-orders as consumers search for the perfect brew and retailers hunt for new ways tap the coffee market.
Amazon.com's launch of its own private label brand of consumer goods, starting with diapers and baby wipes, underscores the website's maturity as a grocery retailer and the migration of grocery shopping online.
Russia hopes to place shares of shipping company Sovkomflot in New York as part of its privatization plans, a deputy minister of transport told reporters on Friday, a move which could face resistance due to confrontation with the West over Moscow's role in Ukraine.
With freezing temperatures gripping Kiev, Ukraine's state energy firm Naftogaz said on Friday it had transferred $378 million to Russia's Gazprom to buy Russian gas for December, paving the way for the first shipments since Moscow cut supplies in June.
A possible public listing of a stake in the base metals unit of Brazil's Vale SA (VALE5.SA) hinges on a rally in nickel prices of around 20 percent, its chief financial officer said on Friday.