Business
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Are British bonds a riskier bet than they look?
LONDON - Investors fleeing the euro zone to seek safety in British government bonds may be taking a riskier bet than they think: The ultra-low interest rates the shrinking UK economy is paying look unlikely to last.
Recent Business News
Clegg sounds shift from austerity to growth - FT
LONDON - Britain is looking at shifting its austerity programme toward a fresh emphasis on growth through state-backed investment in housing and infrastructure, Lib Dem Deputy Prime Minister Nick Clegg said on Wednesday.
PTT's $1.9 billion bid for Cove trumps Shell
LONDON - Thailand's PTT Exploration and Production stoked the bid battle for Cove Energy on Wednesday, topping Royal Dutch Shell with a 1.22-billion-pound ($1.9 billion) offer that underscores interest in new east African gas finds.
Online grocer Ocado delivers faster sales growth
LONDON - Online British supermarket Ocado posted an acceleration in sales growth in its second quarter, raising hopes it has got to grips with bottlenecks at its distribution centre that led to a string of profit downgrades last year.
Nationwide lifts mortgage lending by 44 percent
LONDON - Nationwide, Britain's biggest customer-owned financial services group, reported a 44 percent increase in loans to home buyers in its last fiscal year, including a sharp rise in the number of mortgages provided to first-time home buyers.
- Europe
- U.S.
- Asia
- Sectors
| DOW | 12,502.81 |  -1.67 |
-0.01% |
| S&P; 500 | 1,316.63 |  +0.64 |
+0.05% |
| NASDAQ | 2,839.08 | -8.13 |
-0.29% |
| TR US Index | 119.38 | +0.05 |
+0.04% |
Sector Summary
| Energy | -0.57% |
| Basic Materials | -1.23% |
| Industrials | -0.62% |
| Cyclical Goods & Services | -0.52% |
| Non-Cyclical Goods & Services | -0.31% |
| Financials | -0.70% |
| Healthcare | -0.29% |
| Technology | -0.18% |
| Telecoms | -0.42% |
| Utilities | -0.47% |
Europe Market Reports
- U.K.: UPDATE 1-UK Stocks-Factors to watch on Weds May 23
- 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
- Germany: European shares slip; H&M; falls on weak margins
- Spain: Spanish stocks - Factors to watch on Tuesday
- Switzerland: European shares fall on caution ahead of EU meeting
Other Reports
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