U.S. consumer confidence rose to a nine-month high in June but failed again to surpass its level of September 2008, when the spectacular failure of Lehman Brothers sent the world economy into
Stocks extended losses on Friday as a report showed a rise in inflation expectations and continuing job uncertainty even as the consumer mood improved in June. The Dow Jones industrial average (.DJI)
Britain is on track to price its first syndicated gilt in four years on Tuesday with a target size of up to 5 billion pounds, a banker familiar with the deal said
World stocks were flat on Friday ahead of a G8 meeting as investors paused for breath to discern further signs of economic recovery while euro zone government bond prices rose after a
Oil eased to $72 a barrel on Friday pressured by a firmer dollar, but stronger-than-expected Chinese economic data helped support prices near an eight-month high. The market on Thursday settled at $72.68,
European shares rose on Friday morning as positive data from China helped lift investor spirits, while Novartis gained after it made its first batch of H1N1 vaccine ahead of expectations. By 0847
Britain's leading share index traded flat early on Friday, with gains by pharmaceuticals offset by losses in commodity stocks and banks as investors stayed cautious on prospects for a sustained economic recovery.
British bank Barclays confirmed on Friday that it had agreed to sell its BGI investment arm to U.S. firm BlackRock for $13.5 billion, creating the world's biggest asset manager. Barclays said in
A political coup in New York's statehouse can be traced back to an incident in which a top lawmaker so enraged a wealthy backer by peering at e-mails on his BlackBerry that
Gains in Chinese industrial output and rising U.S. retail sales lifted Asian shares towards new highs for the year on Friday, but some analysts are warning the recent gains are looking overdone.
