Perfect weather can be thanked for a peak US cotton yield in the current harvest season, and the US Department of Agriculture's November report should confirm those generous forecasts, analysts said on Wednesday. Ironically, hot

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General Motors Corp on Wednesday said it will restate its financial statements for 2001 because they were overstated by about $300 million to $400 million. Accounting errors led to the wrong figures for net income

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General Motors Corp on Wednesday said it will restate its financial statements for 2001 because they were overstated by about $300 million to $400 million. Accounting errors led to the wrong figures for net income

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The European Central Bank stepped up its efforts on Thursday to quash speculation that the central bank was preparing markets for an interest rate rise in December. Lorenzo Bini Smaghi, who sits on the ECB's

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Mortgage finance giant Fannie Mae on Thursday said it had found new accounting errors while probing a multibillion-dollar scandal and named the man who helped rebuild MCI Inc's accounting department its new finance chief. The

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French inflation subsided in October and growth picked up sharply in the third quarter in welcome news for both a government rattled by rioting in poor French suburbs and the inflation-fighting European Central Bank. The

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Internet media company Yahoo Inc has backed out of the running to buy a stake in Time Warner Inc's America Online (AOL) Internet unit. "After we learned what their proposed deal terms were we passed

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Cisco Systems Inc on Wednesday reported a slightly lower quarterly profit as it expensed stock options compensation for the first time and disappointed investors with a revenue forecast below expectations, pushing its shares down in

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Cisco Systems Inc on Wednesday reported a slightly lower quarterly profit as it expensed stock options compensation for the first time and disappointed investors with a revenue forecast below expectations, pushing its shares down in

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Soaring natural gas prices helped propel Canada's trade surplus unexpectedly to the fifth highest on record in September, boosting expectations of strong economic growth and continued interest rate hikes. Statistics Canada said on Thursday the

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