European shares rise led by commods, banks

European shares rose early on Wednesday as energy stocks drew strength from higher oil prices and Chinese economic data gave a lift to resource stocks such as steelmaker ArcelorMittal. By 0917 GMT,

M&S first-quarter sales fall less than expected

British retailer Marks & Spencer reported a smaller-than-expected drop in first-quarter underlying sales on Wednesday and said consumer spending seemed to be stabilising, though it remained cautious on the outlook. The 125-year-old

US Consumer confidence slides in June

U.S. consumer confidence fell in June after two straight months of gains. The Conference Board, an industry group, said on Tuesday its index of consumer attitudes dropped to 49.3 from 54.8 in