NEW YORK - WALL Street shares opened a new month and quarter on an upbeat note on Wednesday, as an encouraging report on the US manufacturing sector helped offset weak news on the labour market.
NEW YORK - OIL prices fell on Wednesday after government data showed an increase in US gasoline inventories ahead of the July 4 Independence Day holiday, traditionally the peak of the summer driving season.
CHICAGO - GENERAL Motors posted a 34 per cent drop in June sales on Wednesday but said it had managed to increase its retail sales for the fourth consecutive month despite seeking bankruptcy protection.
GENEVA - THE World Trade Organisation said on Wednesday that there has been 'further slippage' towards trade restricting or distorting policies implemented by governments since March amid the economic crisis.
