European confidence in the economic outlook dropped to the lowest in eight months in June as policy makers struggled to craft a second bailout package for Greece.
BusinessWeek.com — Finance
The European debt crisis would pose a threat to U.S. money-market mutual funds if a rash of sovereign defaults caused big banks to fail to meet obligations within the next three months.
BusinessWeek.com — Finance
Dubai shares headed for their lowest close in three months as Europe’s sovereign debt crisis weighed on the global economy and the International Energy Agency said it may release more oil reserves to stabilize prices.
BusinessWeek.com — Finance
U.S. stocks fell this week, giving the Standard & Poor 500 Index its seventh loss in eight weeks, amid concern the European debt crisis isn’t contained.
BusinessWeek.com — Finance
Asian stocks climbed, driving the region’s key benchmark index to its first advance in eight weeks, as concern Europe’s debt crisis will hurt earnings of exporters and banks eased and the Federal Reserve said it is prepared to provide further stimulus to the U.S. economy if needed.
BusinessWeek.com — Finance
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third straight day, as concern about the European debt crisis intensified and Oracle Corp. dragged down technology shares.
BusinessWeek.com — Finance
Asian stocks rose, setting the region’s key index on course for its first weekly advance in eight, after oil prices tumbled, buoying economic growth hopes, and concern eased Europe’s debt crisis will hurt bank earnings.
BusinessWeek.com — Finance
Asian stocks rose, setting the region’s key index on course for its first weekly advance in eight, after oil prices tumbled, buoying economic growth hopes, and concern eased Europe’s debt crisis will hurt bank earnings.
BusinessWeek.com — Finance