U.S. stocks opened higher Tuesday, led by energy as supply disruptions boosted oil prices.
U.S. stocks opened higher Tuesday, led by energy as supply disruptions boosted oil prices.
Euro zone trade remained in surplus in May and the April surplus was revised up, data showed on Wednesday, as exports continued to grow twice as fast as imports despite a strong euro.
Global stock markets are forging ahead with the Dow Industrials claiming the 13,000 level but as February's sudden sell-off reminded investors, things can change in a hurry. In this special report, CNBC World's Worldwide Exchange program teams up with CNBC.com for a global stocks outlook.
Drugmaker Schering-Plough is buying Organon Biosciences for about $14.5 billion. Organon is part of the Dutch paint and chemical company Akzo Nobel whose shares are at a new high today on the news. Schering Chairman and CEO Fred Hassan has been saying for quite some time that he's "very much in the deal flow" on company conference calls and in interviews with CNBC, so the fact that he's making a big acquisition doesn't come as a huge shock.
The Nasdaq Stock Market’s failure to take over the London Stock Exchange with a $5.3 billion hostile bid leaves it dangerously leveraged and in need of clear strategy to keep up with the other major exchanges, according to one LSE shareholder.
Another year another WEF. Another chance to experience the almost surreal meet of the world's most powerful people. A meet where any pretence that business, academia, economics and politics are separate entities is dropped. As a journalist I get unparalleled access to almost everyone who is currently espousing the latest ideas of how to make us all better off and who is equally telling us how to avoid up-coming disasters.