Craigslist appears to have surrendered in a legal fight over erotic ads posted on its website, shutting down its adult services section and replacing it with a black bar that simply says "censored."
The board of Rosneft nominated Eduard Khudainatov as the new head of the state-controlled oil major, less than a day after Russian President Dmitry Medvedev's ordered his appointment.
The Chinese government remains committed to forcing down housing prices, despite worries about a weak global economy and complaints from property developers.
China's central bank shed some light on the benefits of letting companies in China settle bills with their business partners abroad in yuan.
Capital spending by Japanese businesses slipped during the quarter ended June, but inventory investment surged, suggesting the government will revise upward its GDP growth estimate for the quarter.
The U.S. economy lost 54,000 jobs in August as census workers continued to exit payrolls, but the private sector added 67,000 jobs. The unemployment rate rose to 9.6%.
Gold prices are edging up toward a high, at $1,249.20 an ounce, triggering multibillion-dollar deals by miners doubling down on the staying power of bullion's nearly decadelong rally.
The Russian state will nominate Rosneft's first deputy President Eduard Khudaynatov to head the company, a spokesman for Russian President Dmitri Medvedev said.
Brazil's economy maintained its torrid pace of growth in the second quarter, continuing a boom in Latin America's largest economy despite a series of interest rate hikes.
The global dependency on the members of the Organization of Petroleum Exporting Countries for oil will rise as production by non-OPEC nations falls.