WASHINGTON The U.S. trade deficit widened more than expected in June as an acceleration in domestic demand. in the second quarter and a strong dollar sucked in imports of food and automobiles.
UniCredit, Italy's largest bank by assets, reported net income rose nearly 30 per cent in the second quarter with bad loans down as Italy's economy shows weak signs of recovering from a three year recession.
The Federal Reserve isn't certain to raise short-term interest rates at its September policy meeting, a senior policy maker said Wednesday.
Walt Disney Co. set a record for profit in its most recent fiscal quarter but warned that dramatic changes in the television landscape could eat into earnings.
ATHENS, Greece - Greece's prime minister said his country was in the "final stage" of talks for a new bailout, as his left-wing government on Wednesday rejected the idea of extending the negotiations beyond this month.