World business news - CNNMoney.com

Toyota to fix 4 million gas pedals

Wed, 25 Nov 2009 11:27:43 EST

Toyota announced Wednesday that it will fix gas pedals in millions of cars for an accelerator problem that had previously been blamed on floor mats.

Gold hits record on talk of Indian buying

Wed, 25 Nov 2009 16:02:23 EST

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Dollar slides to a 15-month low

Wed, 25 Nov 2009 12:01:16 EST

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Oil rises after supply report

Wed, 25 Nov 2009 15:30:24 EST

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GM's Saab deal falls through

Tue, 24 Nov 2009 15:27:54 EST

The deal to sell Saab to Swedish firm Koenigsegg Group AB has collapsed, General Motors announced Tuesday.

JPMorgan takes control of Cazenove

Thu, 19 Nov 2009 04:29:38 EST

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Are Chinese exports good for America?

Tue, 17 Nov 2009 17:04:50 EST

As President Obama completes his trip to China, it's a natural time to ask if trade with the greatest source of U.S. imports are a good thing or bad thing for the still battered U.S. economy

China has to live with a weak dollar

Tue, 17 Nov 2009 12:31:27 EST

President Obama is in China this week meeting with that nation's leaders. Since China is the largest foreign owner of U.S. debt, I wonder if they are going to give Obama a free toaster.

The iPhone is headed to Seoul

Wed, 18 Nov 2009 09:17:55 EST

Check International ETFs here

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Check International ETFs here

Preparing China's yuan for the world stage

Mon, 16 Nov 2009 16:49:46 EST

President Barack Obama's visit to China this week has increased the spotlight on one of the top hot-button issues in U.S.-China relations: revaluing the Chinese currency.

China's record debt worries economists

Thu, 12 Nov 2009 10:04:29 EST

In a world still awash in economic worry, China has stood apart as the one country that has come through the global slump with only the briefest of hiccups.

The dollar is weak because ...

Tue, 10 Nov 2009 12:57:49 EST

Here's the latest twist on the timeless chicken versus the egg debate. Which came first: the stock and commodities rally or the weaker dollar?

Americans are overpaid

Wed, 11 Nov 2009 15:21:34 EST

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Kraft goes for the chocolate

Mon, 09 Nov 2009 13:32:51 EST

Kraft Foods launched a $16.3 billion hostile takeover bid Monday for British candy company Cadbury after the deadline for the initial bid passed without a deal.

Coke's Berlin Wall blitz: Lessons in leadership

Mon, 09 Nov 2009 14:43:55 EST

Art auction lifts hope for industry rebound

Fri, 06 Nov 2009 18:52:09 EST

A recent sale of Impressionist and modern art at Sotheby's auction house exceeded sales estimates and raised the hopes of industry insiders that a rebound is under way.

French banks: 'Adieu' to guaranteed bonuses

Thu, 05 Nov 2009 14:32:43 EST

Banks in France, including non-French ones, will no longer be allowed to offer guaranteed bonuses to traders and other staff under new rules announced Nov. 5. The only exception is for signing bonuses for new employees, and they are limited to a maximum of one year.

Could Citi lose its Mexican bank?

Thu, 05 Nov 2009 12:02:37 EST

Citigroup could face losing its Mexican subsidiary Banamex, after Mexican senators asked the Supreme Court, on Wednesday, to rule whether or not the local bank would be breaking the law by being partly owned by the United States government.

U.S. dumps China for Mexico

Tue, 03 Nov 2009 11:19:40 EST

Mexico did not have an extreme economic makeover, but the global recession was enough to defeat China as the number one place for American assembly-for-export factories, or maquiladoras.