Sep 21, 2012 9:51 AM ET
The European indexes advanced on speculation that Spain is nearing a bailout request. Italy estimated contraction to deepen to 2.4% this year. Greece failed to reach an agreement with its coalition partners on spending cuts demanded by the troika.
Sep 21, 2012 9:02 AM ET
Italy deepened its estimate of recession this year. Euro zone consumer confidence unexpectedly fell in September. German leading index climbed and Dutch consumer spending declined in July.
Sep 21, 2012 8:56 AM ET
adidas reduced Reebok 2015 sales target to €2 billion from €3 billion. Barry Callebaut intends to sell its factory and related business in Dijon. Richemont agreed to acquire Peter Millar.
Sep 20, 2012 4:18 PM ET
World markets and indexes in New York closed down after economic data from the euro zone, China and Japan indicated weakening outlook. Global deal making continues despite market uncertainties. The U.S. dollar strengthened, oil decreased and gold and copper eased.
Sep 20, 2012 10:06 AM ET
The European indexes declined on weak Chinese manufacturing data. For the second time this week, demand exceeded at Spanish debt auction. Peugeot agreed to sell 75% stake in Gefco to JSC Russian Railways for €800 million.
Sep 20, 2012 8:31 AM ET
German producer prices rose and Swiss trade surplus fell in August. The euro zone private sector contracted and French manufacturing PMI fell in September. Italian industrial orders rose unexpectedly in July.
Sep 20, 2012 8:15 AM ET
Kleinwort Benson agreed to acquire BHF-BANK for €384 million. Liberty Global intended to launch a €35 a share cash offer on all of the shares and other securities of Telenet.
Sep 19, 2012 4:11 PM ET
Markets in New York and around the world were on the upswing after Bank of Japan decided to ease monetary stance and existing home sales increased to a rate last seen 2-years ago. Oil declined for the third day in a row on the global growth worries.
Sep 19, 2012 8:34 AM ET
The European indexes pared early morning gains and Germany raised €4.084 billion from the sale of its two-year note at positive yields. Spain faces more pressure from policymakers to request for a bailout.
Sep 19, 2012 7:40 AM ET
Euro zone construction output fell and French leading economic index rebounded in July. Economic expectations in Switzerland declined slightly in September.