Business
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Oligarch hatches plan to buy TNK-BP stake - FT
LONDON - Mikhail Fridman, the Russian billionaire, has been meeting institutional investors in London to canvas support for his plan to buy half of BP's stake in TNK-BP , the Financial Times reported on Thursday.
Recent Business News
China June export orders weakest since 2009 - HSBC Flash PMI
BEIJING - China's factory sector contracted for an eighth straight month in June, with export orders and prices turning in their weakest showing since early 2009, a private-sector survey showed on Thursday.
Asian Shares struggle, commodities down as Fed disappoints
SINGAPORE - Asian stocks outside Japan slipped and commodities fell broadly on Thursday after the Federal Reserve ramped up monetary stimulus by expanding "Operation Twist" but disappointed some investors who had been hoping for more aggressive measures.
Coca-Cola to distribute high-protein milk drink in U.S.
- Coca-Cola Co has signed a deal with Fair Oaks Farms Brands to distribute the Core Power range of high-protein energy drinks in the United States, as the soft drink giant moves into the dairy products market.
KPN fails to find buyer for German unit E-Plus
AMSTERDAM - Dutch telecom KPN's attempt to sell its German unit E-Plus to Spain's Telefonica - a move intended to ward off an unsolicited approach by Carlos Slim - has fallen through, just days before the Mexican tycoon's tender offer closes.
- Europe
- U.S.
- Asia
- Sectors
DOW | 12,824.39 | -12.94 | -0.10% |
S&P 500 | 1,355.69 | -2.29 | -0.17% |
NASDAQ | 2,930.45 | +0.69 | +0.02% |
TR US Index | 122.58 | -0.19 | -0.16% |
Sector Summary
Energy | -0.39% |
Basic Materials | -0.13% |
Industrials | +0.02% |
Cyclical Goods & Services | +0.36% |
Non-Cyclical Goods & Services | -0.34% |
Financials | +0.42% |
Healthcare | -0.08% |
Technology | +0.31% |
Telecoms | -0.18% |
Utilities | -0.59% |
Europe Market Reports
- U.K.: UPDATE 1-UK Stocks-Factors to watch on Wednesday June 20
- Amsterdam: UPDATE 1-Dutch property funds resume merger talks
- Belgium: UPDATE 2-AkzoNobel shares jump, but takeover seems a stretch
- France: French and Benelux stocks-Factors to watch on Oct. 3
- Spain: Spanish stocks - Factors to watch on Tuesday
- Switzerland: Bank stocks help lift European shares to month-high