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LONDON (Reuters) - Gold hit record highs at $1,198.70 an ounce in Europe on Tuesday as the dollar weakened against a basket of currencies in the wake of policy comments from the Bank of Japan, adding to strong investment demand for the metal. Buyers have been cheered by ...Read More

BEIJING (Reuters) - Premier Wen Jiabao on Sunday restated China’s long-standing position that the yuan’s exchange rate should be kept at a reasonable, balanced level. State television showed Wen meeting a trio of top economic officials from the euro zone, who were making the case for a strengthening ...Read More

By Leah Schnurr NEW YORK (Reuters) - Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market’s path to glory is fraught with peril next week. If Dubai’s debt woes intensify and prompt a retreat ...Read More

By Tamara Walid and Jeremy Gaunt DUBAI/LONDON (Reuters) - Dubai struggled to ease fears of debt default on Thursday after its move to delay repayments at two flagship firms shook confidence in the Middle East as a center for investment and a source of capital. Dubai’s debt problems, ...Read More

By Susan Fenton HONG KONG (Reuters) - The dollar slumped to a 14-year low against the yen on Thursday, helping gold scale another record high, while Asian stocks faltered as investors digested a mixed batch of economic data. Financial bookmakers expected European stockmarkets to open lower while U.S. ...Read More

By Jessica Hall PHILADELPHIA (Reuters) - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday. Hershey ...Read More

NEW YORK (Reuters) - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood’s Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday. Citing people with knowledge of the situation, the report said the companies have not yet examined ...Read More

NEW YORK (Reuters) - Bank of America Corp ( BAC.N) Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, the Wall Street Journal reported on Friday. Citing a ...Read More

By David Lawder and Emily Kaiser WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner on Thursday defended the costly bailout of insurer AIG and urged swift regulatory reform to safeguard the economy from the failure of big financial firms. Before Congress’ Joint Economic Committee, Geithner faced fierce criticism ...Read More

(Reuters) - Blackstone Group’s Pinnacle Brands Corp is likely to buy U.S. frozen vegetable company Birds Eye Foods for more than $1.3 billion, the Wall Street Journal said, citing people familiar with the matter. The all-cash deal for Birds Eye, which is majority owned by private equity firm ...Read More