Trading in stocks on France’s benchmark CAC 40 Index was halted for more than 45 minutes by a systems malfunction, the third computer-related outage on exchanges operated by NYSE Euronext in a week.
BusinessWeek.com — Finance
Asian stocks fell by most in a week ahead of the release of data that will show the U.S. economy is faltering and on concern Greece may not meet bailout conditions, hurting the outlook for exporters.
BusinessWeek.com — Finance
European stocks fell for an eighth week, the longest stretch of losses since 1998, as concern grew that Greece will default and the Federal Reserve cut its growth forecast for the world’s largest economy.
BusinessWeek.com — Finance
Treasuries advanced, with two-year notes rising for a 10th straight week in their longest rally in a quarter-century, on concern Greece will struggle to avoid the euro area’s first sovereign-debt default.
BusinessWeek.com — Finance
European stocks fell, with the benchmark Stoxx Europe 600 Index declining for a seventh week, as concern mounted that the European Union may delay a second rescue plan for Greece.
BusinessWeek.com — Finance
The maker of Valvoline heads for the medicine cabinet, elaborate pistols top a Hong Kong auction, the island from the BBC’s Castaway is up for sale, and more
BusinessWeek.com — Finance
Treasury two-year securities rose for an eighth week in their longest winning streak since February 2008 as reports showed U.S. job growth in May was less than a third of what economists forecast and manufacturing slowed.
BusinessWeek.com — Finance
More Americans than forecast filled applications for unemployment benefits last week, signaling the labor market is struggling to pick up.
BusinessWeek.com — Finance