LONDON, Sept 10- London Stock Exchange Group said on Wednesday that its shareholders have approved the company's planned $2.7 billion takeover of U.S. index compiler and asset management firm Frank Russell.» Read More
Nat Rothschild, Co-founder of Bumi stepped up the bitter battle for control of the Indonesia-focused miner, attacking both the board for its inaction and CEO Nick von Schirnding for "embellishing his CV."
The Federal Reserve Bank of New York was warned as early as mid-2008 that banks may have been misreporting their Libor borrowing rate to aid their own trading positions, much earlier than previously known.
European stocks finished higher in choppy trading Friday, logging 17-month highs amid a backdrop of mixed signals about U.S. budget talks.
European shares closed higher on Thursday, getting a fresh boost from stronger-than-expected U.S. housing data.
European shares pared losses in afternoon trading on Wednesday to close higher after U.S. House Speaker John Boehner said he was optimistic that a deal on the U.S. "fiscal cliff" of tax rises and spending cuts could be reached.
European shares edged higher on Tuesday after an agreement by international lenders to cut Greece's debt gave some short-term support to investor sentiment.
European shares ended a five-day winning streak on Monday as a slump in Barclays after a shareholder sold warrants in the company resulted in it leading both financial stocks and the broader market lower.
European shares posted their best weekly gain so far this year after rising for a fifth day on Friday, boosted by strong German data and growing expectations Greece will soon get the next dose of financial help.
European shares closed higher after choppy trade on Wednesday as investors watched for signs of progress on a delayed deal to unlock aid to keep Greece solvent.
European equities edged higher on Tuesday, building on the previous session's strong gains and bolstered by expectations that euro zone finance ministers will approve the next tranche of bailout cash for Greece.
The European stock indexes closed sharply higher on Monday on signs of progress in U.S. negotiations to avert the looming $600 billion “fiscal cliff” of tax hikes and spending cuts.
European shares closed down on Friday, with losses led by the banking sector, in tandem with weakness on Wall Street due to ongoing concerns about the U.S. fiscal policy outlook.
PATRICK LEGLAND, Global Head of Research, Societe Generale says there is a structural change under way in exchanges as market volumes have fallen and people have moved to dark pools.
European stocks ended lower on Thursday, with a key index hitting a two-month low, as data that showed the euro zone had slipped into recession again spooked investors.
Bargain-hunting and talk of a financial aid deal for Greece pushed European shares into a positive close, despite gloomy German data and negative corporate news.
European shares ended lower for a fourth straight session on Monday, with mounting uncertainties related to a looming U.S. fiscal crisis and the next tranche of aid for Greece hurting investor sentiment.
European stocks trimmed losses on Friday to close narrowly in the black after a batch of positive U.S. data suggested the world's largest economy grew more than initially estimated in the third quarter.
European equities ended slightly down on Thursday following a roller-coaster session marked by brisk volume, with rekindled worries about Greece keeping investors on edge.
European shares reversed course on Wednesday to close lower, after data showed weak German industrial production. European indexes had rallied in the morning session after U.S. President Barack Obama won re-election.
European equities were lifted by a clutch of strong earnings reports on Tuesday, although volumes were subdued as many preferred to wait for the outcome of the neck-and-neck U.S. Presidential campaign.