World business news - CNNMoney.com
JPMorgan takes control of Cazenove
Read full story for latest details.Gold climbs to record high
Read full story for latest details.Dollar gains ground
The dollar rose for a second straight session Friday as investors cut exposure to risky assets and high-yield currencies ahead of a holiday-shortened week in the United States.Are Chinese exports good for America?
As President Obama completes his trip to China, it's a natural time to ask if trade with the greatest source of U.S. imports are a good thing or bad thing for the still battered U.S. economyChina has to live with a weak dollar
President Obama is in China this week meeting with that nation's leaders. Since China is the largest foreign owner of U.S. debt, I wonder if they are going to give Obama a free toaster.The iPhone is headed to Seoul
Preparing China's yuan for the world stage
President Barack Obama's visit to China this week has increased the spotlight on one of the top hot-button issues in U.S.-China relations: revaluing the Chinese currency.China's record debt worries economists
In a world still awash in economic worry, China has stood apart as the one country that has come through the global slump with only the briefest of hiccups.The dollar is weak because ...
Here's the latest twist on the timeless chicken versus the egg debate. Which came first: the stock and commodities rally or the weaker dollar?Americans are overpaid
Read full story for latest details.Check International ETFs here
Check International ETFs hereKraft goes for the chocolate
Kraft Foods launched a $16.3 billion hostile takeover bid Monday for British candy company Cadbury after the deadline for the initial bid passed without a deal.Coke's Berlin Wall blitz: Lessons in leadership
Art auction lifts hope for industry rebound
A recent sale of Impressionist and modern art at Sotheby's auction house exceeded sales estimates and raised the hopes of industry insiders that a rebound is under way.French banks: 'Adieu' to guaranteed bonuses
Banks in France, including non-French ones, will no longer be allowed to offer guaranteed bonuses to traders and other staff under new rules announced Nov. 5. The only exception is for signing bonuses for new employees, and they are limited to a maximum of one year.Could Citi lose its Mexican bank?
Citigroup could face losing its Mexican subsidiary Banamex, after Mexican senators asked the Supreme Court, on Wednesday, to rule whether or not the local bank would be breaking the law by being partly owned by the United States government.U.S. dumps China for Mexico
Mexico did not have an extreme economic makeover, but the global recession was enough to defeat China as the number one place for American assembly-for-export factories, or maquiladoras.Bank of England expands asset purchases
Read full story for latest details.Toyota reports surprise profit
Read full story for latest details.Chrysler broke even in September
Chrysler Group broke even in September and ended its first post-bankruptcy quarter with more cash on hand than it had at the beginning of the period, the company's new boss said Wednesday.Related Links
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