World News Center
World markets rally, Nikkei gains 2%
September 6, 2010World markets rallied Monday, with Asian stocks logging their fourth straight session of gains.
Ferrari recalls $225,000 458 Italia supercar
September 6, 2010Ferrari is recalling its new 458 Italia model after several vehicles were reported to have burst into flames.
Oil roars into September 'like a lion'
September 6, 2010After ending August in a slump, oil prices surged into September, rallying nearly 3% Wednesday, and continuing to move higher Thursday following news of an oil platform explosion in the Gulf of Mexico.
China manufacturing might help avoid crash
September 6, 2010China's manufacturing sector rebounded in August, calming some fears about the pace of that country's growth.
Dollar slips on return to risk
September 6, 2010As better-than-expected economic data boosted investor morale this week, the greenback lost some of its luster, falling against a basket of currencies.
Nikkei sinks to 16-month low
September 6, 2010World markets slumped Tuesday, with the Nikkei ending at a 16-month low, as the yen remained strong despite efforts by the Bank of Japan to keep a lid on the Japanese currency's rise.
RIM avoids BlackBerry ban in India - for now
September 6, 2010India will delay banning BlackBerry services pending a 60-day security test, the country's home affairs department said Monday.
Bank of Japan's additional easing measures disappoint
September 6, 2010The Bank of Japan eased its monetary policy at an emergency meeting Monday morning, in an effort to curb the yen's strength and lift the country's struggling economy -- though the move was not enough to satisfy investors.
Sanofi offers $18.5 billion for Genzyme
September 6, 2010French pharmaceutical firm Sanofi-Aventis is stepping up the pressure on U.S. biotech firm Genzyme, going public with an $18.5 billion cash offer and hinting it may consider a hostile takeover if Genzyme refuses to talk.
Big Oil ticked off at new money law
September 6, 2010A new law requiring oil companies to disclose all payments made to governments has sparked a sharp debate, with Big Oil saying it will put it at a big competitive disadvantage.
