The Stoxx Europe 600 Index lost 0.3 percent as of 8:02 a.m. in London, while the MSCI Asia Pacific Index declin
Asian Stocks Retreat as Oil, Aussie Slide
The Stoxx Europe 600 Index lost 0.3 percent as of 8:02 a.m. in London, while the MSCI Asia Pacific Index declin
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CaixaBank Agrees to Buy Civica Amid Spanish Banking Overhaul
CaixaBank’s all-stock offer values Civica at 1.97 euros a share, or 0.35 times book value, the buyer said in a statement late yesterday. The transaction, in which Civica i
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Monti Signals Spanish Euro Risk as EU to Bolster Firewall
Monti pointed to Spain’s struggle to control its finances ahead of a finance ministers meeting in Copenhagen starting on March 30, where officials will seek agreement to raise a 500 billion-euro ($664 billion
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Greece eurozone exit would be 'catastrophic,' Merkel says
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Asian Stocks Extend Weekly Loss in ’12; Copper, Kiwi Gain
The MSCI Asia Pacific Index (MXAP) slipped 0.9 percent as of 3:18 p.m. in Tokyo, heading for a 1.7 percent drop this week, the most since
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Most Americans Since 2004 See Economy Improving as Jobs Pick Up
The share of households viewing the economy as heading in the right direction rose to 34 percent in March, the most since January 2004, pushing the Bloomberg monthly expectations gauge to a one-year high of 1. The weekly Bloomberg Comfort Index (COMFCOMF) was minus 34.9 in the
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Microsoft’s tablet strategy could challenge Apple
Details are TBA, but one thing is a pretty safe bet: The product had better be on the store shelves in October, the drop-dead date for the 2012 holiday shopping season. A lot of companies, Microsoft MSFT -0.25% not least among them, are c
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Asia Stocks Pare Gain as China PMI Tempers Japan Surplus
First Tractor Co., a Chinese maker of farm equipment, jumped 6 percent in Hong Kong after the mainland’s central bank cut reserve requirements to more branches of Agricultural Ba
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Europe stocks higher, led by banks, oil
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Oil drops on Saudi assurances, easing Hormuz concerns
The OPEC kingpin has sought to calm worries that the West's standoff with Iran over its nuclear program could roil global markets, and said late on Monday it w
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Spain banks' bad loans data hits highest since Aug. 1994
Loans that fell into arrears incteased by 4.2 billion euros to 140 billion euros in January.
Outstanding debt have continued to climb as the country slides back into recession and the economy is held back by t
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Apple to Pay Dividend, Buy Back Stock to Return Some of Cash
Investors will receive a quarterly dividend of $2.65 a share starting in the period beginning July 1, Cupertino, California-based Apple said today in a statement. The buybacks will begin in
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Europe stocks fall; banks, miners off
The Stoxx Europe 600 index XX:SXXP -0.27% lost 0.4% to 271.19, potentially breaking a four-day winning streak.
Among biggest gainers in the index TNT Express NL:TNTE +1.89% rose 2% after United Parcel Service Inc. UPS -0.67% agreed to pay $6
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Asian Stocks, European Futures Rise on Economy; Oil Gains
The Stoxx Europe 600 Index (SXXP) slipped 0.4 percent at 9:20 a.m. in London and Standard & Poor’s 500 Index futures lost 0.3 percent. The yield on the 10-year Treasury note declined two basis points. The yen appreciate
