Italian Banks Plunge as Ratings Review Fuels Debt Crisis Concern
UniCredit SpA and Intesa Sanpaolo SpA shares slumped in Milan after a review of lenders’ credit ratings sparked concern the European debt crisis may spread.
BusinessWeek.com — Finance
UniCredit SpA and Intesa Sanpaolo SpA shares slumped in Milan after a review of lenders’ credit ratings sparked concern the European debt crisis may spread.
BusinessWeek.com — Finance
Hedge funds including SAC Capital Advisor LP and Ortus Capital Management Ltd. are expanding in Hong Kong, fueling demand for space and driving rents higher in the world’s most expensive office market.
BusinessWeek.com — Finance
Asian stocks dropped, dragging the regional benchmark index to its lowest level in two weeks, as U.S. Federal Reserve officials fueled concern about the sustainability of the global recovery.
BusinessWeek.com — Finance
Asian stocks dropped, dragging the regional benchmark index to its lowest level in two weeks, as Federal Reserve officials from Ben S. Bernanke to William Dudley fueled concern about the sustainability of the global recovery.
BusinessWeek.com — Finance
Sales jumped 24% in the first quarter, led by policies that promise lifetime income and protect against market declines
BusinessWeek.com — Finance
Energy producers led Asian stocks higher, with the regional benchmark index climbing for the first time in five days, after stronger-than-forecast U.S. jobs growth bolstered confidence in the world’s largest economy and halted a rout of commodity prices. Japan’s power companies fell.
BusinessWeek.com — Finance
The cost of goods imported into the U.S. rose in December, led by higher prices for commodities such as fuels and food.
BusinessWeek.com — Finance