Gold price seen near tipping point for mine cuts, closures

The price of gold, down more than a third in three years, is approaching the tipping point where the mining industry would see a spike in the number of producers reducing output or even shutting down operations.


Ikea signs agreement with two Indian states, locations to be decided

Swedish furniture retailer IKEA said it had signed an agreement with two Indian states on the company's intention to open stores and to find new suppliers.

Braking hard: Australia M&A deals slump most in a generation

Australian inbound M&A deals declined the most in a quarter of a century as plummeting commodity prices and a faltering local stock market challenged the appetite of overseas investors for the country's assets.

China, Spain to sign business deals worth $3.8 billion: official

China and Spain are set to sign business deals worth a total of about 3 billion euros ($3.8 billion) in Beijing this week, an official said, as Spanish Prime Minister Mariano Rajoy visits the Asian giant to drum up support for his country's economy.


Latest News

Your medical information is worth 10 times more than your credit card number on the black market. Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital operators, Community Health Systems Inc, said Chinese hackers had broken into its computer network and stolen the personal information of 4.5 million patients.
The European Union is quietly increasing the urgency of a plan to import natural gas from Iran, as relations with Tehran thaw while those with top gas supplier Russia grow chillier.
A newly discovered security bug in a widely used piece of Linux software, known as "Bash," could pose a bigger threat to computer users than the "Heartbleed" bug that surfaced in April, cyber experts warned on Wednesday.
Two new Apple (AAPL.O) products hit speed bumps on Wednesday: iPhone 6 Plus buyers discovered their phones can bend when placed in back pockets, and the company pulled its latest mobile operating system after reports of dropped cellular service.
The biggest U.S. bank listing since the financial crisis got a lukewarm reception from investors, forcing Royal Bank of Scotland RBS.L to cut the price of shares sold in Citizens Financial Group CFG.N.
Amazon.com Inc will boost staffing at its secretive Silicon Valley-based hardware unit by at least 27 percent over the next five years as it tests Internet-connected "smart" home gadgets such as a one-button device to order supplies.
National Australia Bank (NAB.AX) is considering the sale of its life insurance unit worth an estimated $800 million, seeking to boost earnings and returns on capital, people familiar with the matter told Reuters.
United States Steel Corp's (X.N) Canadian unit is preparing to quickly put its Hamilton assets up for sale and also hopes to run an auction process for its operations on Lake Erie, court filings showed on Tuesday.
Oracle Corp's (ORCL.N) Larry Ellison, who is stepping aside as chief executive officer, took less money home in fiscal 2014 that the year before following criticism of his compensation and concerns about the software company's struggles against smaller rivals.
BlackBerry is set to launch an unconventional new smartphone dubbed the Passport on Wednesday, as it embarks on potentially the most critical phase of its long turnaround.