Dismayed by ice and storms, British explorer Captain James Cook had no regrets when he abandoned a voyage searching for a fabled southern continent in 1773. Finding only icebergs after he was
Walgreen Co (WAG.N), the largest U.S. drugstore chain, reported a quarterly profit that topped expectations as it began to benefit from a make-over that includes sprucing up stores and cutting jobs, sending
U.S. stock indexes turned negative on Tuesday as a gauge of September consumer confidence fell short of Wall Street's expectations, sparking some caution about the strength of the economic recovery. * The
HSBC is close to selling a trio of landmark offices in London, New York and Paris to boost its balance sheet by around $2 billion by end-2009, a person familiar with the
BNP Paribas announced a 4.3 billion euro ($6.3 billion) capital raising on Tuesday as France's biggest bank joined the ranks of top European lenders seeking to escape from state support. Many banks
Britain's leading share index was 0.4 percent weaker in mid-session trade on Tuesday, with weakness in commodity stocks outweighing gains in financials as investors booked profit after recent gains. By 1146 GMT
European shares dipped on Tuesday after the previous session's sharp gains, dragged lower by commodity stocks, but financials offered support after BNP Paribas raised capital to shake off government influence. Financials were
Stock futures were down on Tuesday morning, indicating a weaker start for Wall Street. The futures for Dow, the S&P 500 and the Nasdaq were down 0.1 to 0.3 percent by 4:20
European equities drifted lower in early trading on Tuesday after sharp gains in the previous session, with weaker commodity shares offsetting gains made by financial stocks, which were supported by BNP Paribas.
BNP Paribas, France's biggest bank by market capitalization, on Tuesday joined the rush to pay back governments for their financial support during the credit crisis. The bank launched a capital increase for
