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Eurozone rates on hold at 4.25%

The European Central Bank maintains eurozone interest rates at 4.25% after its latest meeting.

US retail sales struggle in July

Results from US retailers show disappointing sales in July, with the outlook between now and September looking poor.

Citigroup reaches SEC settlement

Citigroup is to buy back billions of dollars worth of securities, following a probe by the US financial regulator.

European demand supports Lenovo

Chinese PC maker Lenovo reports upbeat quarterly profits as it improved market share in Europe.

Top Italian car designer killed

Andrea Pininfarina, head of a world-famous Italian car design group, is killed in a road accident in Turin.

US house figures in surprise rise

The US sees an unexpected increase in agreements to buy homes in June, according to a real estate organisation.

Toyota's profits beat forecasts

Japanese carmaker Toyota sees quarterly profits drop less than expected but highlights the tough trading environment.

USA Today Business News

Realtors live close to the edge

The real estate slump that hit in 2006 eventually stifled home sales, shrank prices and unleashed a wave of foreclosures. And ...

Now is a good time to check your bank deposit insurance

Q: Let's say a person has $200,000 deposited in an FDIC-insured joint account with his spouse. How much insurance protection ...

Luxury cars switch from premium to regular-gas diet

Although there's a growing trend among automakers to recommend that drivers pump premium into their cars, Ford and General Motors ...

Plenty of brand name stocks are under $10

Investors eager to rummage through Wall Street's bargain bin will find plenty of merchandise to choose from.

Commodities rush could be over

The commodity price boom is fizzling fast, a development that could ease inflation fears and lead to some relief for consumers ...

TiVo filling up? DVR expanders provide more room to record

Beijing's Olympics provide a reminder why many of us love our digital video recorders. By automatically recording shows onto ...

Yahoo Business

Citigroup to return $7 billion to auction-rate investors (Reuters)

Jobs, store sales soft but homes data brighter (Reuters)

Wal-Mart and AIG drag Wall Street lower (Reuters)

Ex-Refco president sentenced to 10 years in prison (Reuters)

Reuters - Tone Grant, former president of Refco, once the largest independent commodities broker, was sentenced to 10 years in prison for his role in ...

AIG sees up to $8.5 billion in cash losses from CDS (Reuters)

Consumers jack up borrowing in June (AP)

AP - Consumers Â— fortified by the government's rebate checks Â— boosted their borrowing in June at the fastest pace in seven months.

Financial Times Business News

Citi in $20bn settlement as crunch reverberates

The fall-out from the credit crunch hit the financial sector hard again as Citigroup agreed to a $20bn settlement with regulators over its marketing of ...

Lonmin's biggest investor rebuffs Xstrata

M&G, the biggest shareholder in Lonmin with 17 per cent of the shares, has rebuffed Xstrata's hostile offer, which values the London-based platinum producer ...

Hard-up US shoppers spurn bigger stores

The boost to US retailers from about $100bn of tax rebate cheques has proved short-lived, with leading chains on Thursday reporting sluggish or falling ...

Toyota's profits tumble 28%

Toyota's net profit fell 28 per cent slump in its financial first quarter after a steep decline in US sales of trucks and sport-utility vehicles

Barclays profits slide after Â£2.45bn charges

Pre-tax profits at the bank fell by a third to Â£2.75bn, with the biggest fall coming at its Barclays Capital investment banking arm. Impairment charges ...

NestlÃ©, maker of Kit Kat bars and Perrier water, defied surging energy and commodity prices to continue strong sales and earnings growth in the first ...

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