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Relates News And Gossip

Global stocks rise; gold at record high

LONDON (Reuters) - World stocks rose while gold hit another record high and the dollar weakened on Wednesday after Federal Reserve minutes expressed confidence in the durability of the U.S. economic recovery.

German business optimism rises again in November (AP)

AP - German business confidence rose for an eighth consecutive month in November as Europe's biggest economy recovered steadily from its worst recession in decades, a leading survey showed Tuesday.

Consumers more optimistic about recovery

A key measure of consumer confidence gained slightly in November, snapping a two-month declining streak, a research group said Tuesday.

U.S. consumer confidence edges higher in November

NEW YORK (Reuters) - U.S. consumer confidence edged higher in November after an unexpected drop in October, with less consumers expressing doubt about the a worsening jobs market, according to a report released on Tuesday.

German firms see brighter future ahead: survey (AFP)

AFP - German business confidence surged in November, a closely-watched survey showed on Tuesday, fuelling hopes that Germany, Europe's economic powerhouse, could lead the continent out of recession.

Nadal needs to regain his composure (AFP)

AFP - Rafael Nadal said he needed to rediscover his composure when facing crucial points and admitted he was short of confidence in his bid to claim the season-ending World Tour Finals crown.

Few jobs despite economy on the mend

Despite some signs that the economy is on the mend, a lack of confidence from consumers and companies alike may hamper job growth during the next few months, economists say.

Mixed forecasts for holiday spending

The stock market is up. Consumer confidence is down. Unemployment is way up. Gas prices are down.

Activist probing Guinea massacre denied entry (AP)

AP - A human rights activist says he's been denied entrance to Guinea, where he planned to investigate a massacre of opposition supporters earlier this year.

China's CCTV sees 18.5% rise in bids

Web Exclusive: Auction a sign of confidence in China's business next year -- China's state broadcaster CCTV chalked up a muscular 18.5% rise in bids in its annual auction for advertising slots.

Malaysia defends slide in global graft ranking (AP)

AP - Malaysia has stepped up efforts to combat graft to maintain investor confidence as a survey showed the country's corruption ranking worsened this year, Trade Minister Mustapa Mohamad said Wednesday.

Senate panel passes food safety reform bill

WASHINGTON (Reuters) - A Senate committee passed legislation on Wednesday that would increase government oversight of the U.S. food supply, which has been battered by a series of high-profile recalls that have soured consumer confidence in the food safety system.