US stocks looked likely to open unmoved as investors await fresh earnings news from Yahoo. Alcoa is expected to rise after beating forecasts with third quarter earnings.
12:52 | Read
CURRENCIES Dollar tumbles to fresh low against the euro The dollar tumbled to a fresh three-month low against the euro and remained close to Tuesday's three-year low against the yen as concerns about the US current account deficit grew.
11:19 | Read
Analysis
Lex live: Philips Electronics Philips Electronics would struggle to claim that superior operating skills have driven its 22 per cent outperformance of GE over the last decade. But the Dutch conglomerate can point to a strong record in trading businesses. Wednesday's decision to offload a chunk of Taiwan Semiconductor also looks shrewd. Oct 8 2003 | Read
The European security and defence policy is a wasteful, unnecessary and disruptive competitor to the Atlantic alliance, argues Bernard Jenkin, the UK's shadow defence secretary.
Oct 7 2003 | Read
Friction between the US and China is inevitable. But the two powers' shared interests in peace and prosperity are vastly more important than the reasons for conflict.
Oct 7 2003 | Read
The only victors from recent trade negotiations are high-cost producers, which will continue to enjoy subsidies in rich countries and protection in poor ones.
Oct 7 2003 | Read
Lex: Air France and KLM Scratch beneath the surface and it is clear that developments in the US, not Europe, have provided the tailwind behind Air France's takeover offer of KLM. 20:48 | Read