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
European stocks were little changed after the benchmark Stoxx Europe 600 Index dropped to a 2 1/2 month low last week. U.S. futures were also little changed, while Asian shares retreated.
BusinessWeek.com — Finance
Middle East shares fell, with Dubai’s stocks retreating to the lowest this month, after data from the U.S., India and China fueled concern global economic growth is slowing, damping investor appetite for riskier assets.
BusinessWeek.com — Finance
Japan’s producer prices rose for an eight month in May, pushed up by higher energy and raw material costs.
BusinessWeek.com — Finance
Sales of previously owned U.S. homes likely rose in April as investors used cash to buy distressed properties, economists said before a report
BusinessWeek.com — Finance
German investor confidence declined for a third month in May as faster inflation threatened to curb consumer spending and Europe’s sovereign debt crisis worsened.
BusinessWeek.com — Finance
Dubai’s shares dropped to the lowest level in almost a month as Middle East markets retreated after oil had its biggest weekly slump since 2008 following the death of al-Qaeda leader Osama bin Laden.
BusinessWeek.com — Finance
Employment probably increased for a seventh straight month in April, while manufacturing stayed at the forefront of the expansion, economists said before reports this week.
BusinessWeek.com — Finance