European stocks advanced, rebounding from a 2 1/2 month low, led by a rally in Eurasian Natural Resources Corp. as investors speculated that the mining company may receive a takeover approach.
BusinessWeek.com — Finance
Christine Lagarde, who has taken her campaign to head the International Monetary Fund to India and China while keeping her fans posted on Twitter, may be poised to defeat her main rival, Agustin Carstens.
BusinessWeek.com — Finance
Bank of England Governor Mervyn King’s push to keep interest rates at a record low may have strengthened this month as his top official for financial markets leads a defense against advocates for an increase.
BusinessWeek.com — Finance
After hoarding $ 2.4 trillion in cash, corporate Japan is pursuing overseas takeovers like never before to boost returns. Sony Corp. and Fujifilm Holdings Corp. are among the companies with the biggest incentive to chase deals.
BusinessWeek.com — Finance
Paul Tudor Jones and Louis Moore Bacon, in a trade used by several hedge-fund managers in the first quarter, loaded up on options that pay off big if Chinese stocks rebound.
BusinessWeek.com — Finance
Israeli shares fell the most since March, leading a drop in Middle East stocks, on investor concern an accord between political groups in the Palestinian territories may threaten regional stability and amid violence in neighboring Syria.
BusinessWeek.com — Finance
Blackstone and Carlyle are leading a record number of private-equity managers aiming to raise real estate funds as top firms go beyond takeovers
BusinessWeek.com — Finance
State Street Corp. led custody banks reporting higher fee income in the first quarter as acquisitions and the stock market rally boosted assets.
BusinessWeek.com — Finance