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A container cargo ship is unloaded in the Port of Baltimore, Maryland. The US trade deficit has shrunk to 58.2 billion dollars in March from a revised 61.7 billion a month earlier, partly as the weak dollar fueled a surge in exports, the Commerce Department said.

US trade deficit narrows to $58.2 bln

AFP - 15 minutes ago

WASHINGTON (AFP) - The US trade deficit shrank to 58.2 billion dollars in March from a revised 61.7 billion a month earlier, as the weak dollar fueled a surge in exports, the Commerce Department said Friday. More »

  • Lucian Freud's 'Benefits Supervisor Sleeping'. Record prices for works by Claude Monet and Edvard Munch at New York's spring sales this week have helped eased fears over the effect of the faltering US economy on the international art market

    New York auction records help ease fears over art market

    AFP - Friday, May 9 08:29 am

    NEW YORK (AFP) - Record prices for works by Claude Monet and Edvard Munch at New York's spring sales this week have helped eased fears over the effect of the faltering US economy on the international art market. More »

  • A South Korean protestor at a candle-lit rally against President Lee Myung-Bak's decision to allow US beef imports in Seoul on May 6. Thousands of people will rally across South Korea Friday to protest the planned resumption of US beef imports as the government struggles to dispel a growing scare over mad cow disease.

    Candlelit protests planned in SKorea ahead of US beef imports

    AFP - Friday, May 9 07:04 am

    SEOUL (AFP) - Thousands of people will rally across South Korea Friday to protest the planned resumption of US beef imports as the government struggles to dispel a growing scare over mad cow disease, organisers said. More »

  • A foreclosure sign seen in Stockton, California. The US House of Representatives has approved a bill that lawmakers hope could stem the tide of home foreclosures due to the subprime mortgage crisis, but it faces a presidential veto

    US House-approved mortgage crisis bill faces veto

    AFP - Friday, May 9 02:04 am

    WASHINGTON (AFP) - The US House of Representatives has approved a bill that lawmakers hope could stem the tide of home foreclosures due to the subprime mortgage crisis, but it faces a presidential veto. More »

  • A UBS branch in Geneva, Switzerland, in 2007. Swiss banking giant UBS has said it will return some 35 million dollars (23 million euros) to towns and cities in the US state of Massachusetts over investments disallowed under state law.

    UBS to return $35 mln to US state over investments

    AFP - Thursday, May 8 11:21 am

    GENEVA (AFP) - Swiss banking giant UBS said Thursday it will return some 35 million dollars (23 million euros) to towns and cities in the US state of Massachusetts over investments disallowed under state law. More »

  • A Carphone Warehouse shop is pictured in Cambridge, eastern England. The Carphone Warehouse Group, the mobile phone retailer, has said it has agreed to sell 50 percent of its retail operations to US electronics group Best Buy for £1.1 billion in cash as part of an overall tie-up.

    Carphone Warehouse ties up with Best Buy

    AFP - Thursday, May 8 10:02 am

    LONDON (AFP) - The Carphone Warehouse Group, the mobile phone retailer, said Thursday it has agreed to sell 50 percent of its retail operations to US electronics group Best Buy for £1.1 billion in cash as part of an overall tie-up. More »

  • Visitors walk past the WiMAX stand at the 3GSM congress in Barcelona, in February 2007. As US technology giants including Google place a multi-billion dollar bet on WiMAX, backers of the wireless data-streaming format say it will radically change mobile Internet use.

    WiMAX promises to transform wireless Internet world

    AFP - Thursday, May 8 01:32 am

    SAN FRANCISCO (AFP) - As US technology giants including Google place a multi-billion dollar bet on WiMAX, backers of the wireless data-streaming format say it will radically change mobile Internet use. More »

  • A money changer displays stacks of 100 US dollar bills. The dollar traded mainly higher Wednesday, supported by hopes that the worst of the credit crunch is over and that the US economy will avert a major economic downturn.

    Dollar firm ahead of ECB rate decision

    AFP - Wednesday, May 7 09:58 pm

    NEW YORK (AFP) - The dollar traded mainly higher Wednesday, supported by hopes that the worst of the credit crunch is over and that the US economy will avert a major economic downturn. More »

  • This photo shows the European Aeronautic Defense and Space Company (EADS) facility in Mobile, Alabama. European aircraft maker Airbus said Wednesday it is outpacing Boeing so far this year, winning 397 orders in the four months to April compared with 346 for its US rival.

    Airbus says outpaces Boeing on orders

    AFP - Wednesday, May 7 08:41 pm

    PARIS (AFP) - European aircraft maker Airbus said Wednesday it is outpacing Boeing so far this year, winning 397 orders in the four months to April compared with 346 for its US rival. More »

  • Microsoft chairman Bill Gates played down the chances of a fresh takeover bid for Yahoo, saying the US software giant would focus on an independent strategy.

    Microsoft's Gates plays down prospects of fresh Yahoo bid

    AFP - Wednesday, May 7 11:31 am

    TOKYO (AFP) - Microsoft chairman Bill Gates on Wednesday played down the chances of a fresh takeover bid for Yahoo, saying the US software giant would focus on an independent strategy. More »

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