Spanish unemployment tops 20% in first quarter

n Friday, data that showed Spain's jobless figure topped 20% in the first quarter of 2010 -- 20.5% to be exact -- served to highlight the tough job the government here is facing in trying to get its finances under control and light a fire under the economy. It marks the worst unemployment rate since 1997.

India May gold festival demand seen robust this yr

Indian gold refineries are busy again after a long lull as a popular festival next month is likely to see more sales than last year's 45 tonnes with stable prices and higher economic growth boosting consumer confidence.

Trading Day : April 30, 2010 : Gold Shines [04-30-10 1:35 PM]

Gold has hit a 2010 high and its highest level since December. For more, BNN speaks to Jay Taylor, president and CEO of Taylor Hard Money Advisors, and editor, Miningstocks.com.

Moore Capital, Morgan Stanley, UBS Settle CFTC Cases

Moore Capital Management LP, Morgan Stanley and UBS AG’s securities division agreed to pay more than $39 million to settle separate allegations regarding trading on the New York Mercantile Exchange.

Digging Deep and Seeing Greece’s Flaws

For Paul Koptides, who works in a car rental agency here, the news that Greece’s bonds had been reduced to junk status was just the latest in a series of blows, including wage cuts, new taxes and pressure from European neighbors for ever deeper austerity measures.

Hambro Says Miners May Face Rising Resource Nationalism: Video

Evy Hambro, manager of BlackRock Investment Management Ltd.'s flagship $14.3 billion World Mining Fund, talks with Bloomberg's Haslinda Amin about the risks of "rising resource nationalism" facing mining companies.

Euro Sales Extend as Morgan Stanley Mulls EU Breakup

Investors are abandoning the euro at a rate not seen since the collapse of Lehman Brothers Holdings Inc. as Europe’s worsening fiscal crisis threatens to splinter the 16-nation currency union.