HONG KONG - The International Monetary Fund on Monday designated the Chinese renminbi as one of the world's elite currencies, a major milestone that underscores the country's rising financial and economic heft.
Amazon unveiled a new prototype drone for its planned Prime Air unmanned delivery service and offered more details on how it could be delivering packages to consumers in the near future.
CHICAGO Nov 30 Sales on Cyber Monday, the busiest day of the year for internet shopping, were up 14 percent from a year earlier, totalling $490 million between midnight and 10 a.m.
The Federal Reserve has agreed to rein in its emergency lending powers following concerns the US central bank went too far in bailing out lenders during the financial crisis.
(Updates with closing prices). * FTSEurofirst 300 closes up 0.4 pct, Euro STOXX up 0.5 pct. * Carmakers among stocks benefiting from weaker euro.