European shares closed higher on Tuesday after a raft of positive earnings news as well as a successful bond auction in Italy.
European shares closed lower on Monday as Hurricane Sandy forced major U.S. markets to stay closed.
European shares eked out small gains on Friday after better-than-expected U.S. economic growth figures helped outweigh the impact on investor sentiment of yet more gloomy corporate outlooks.
Norwegian oil and gas firm Statoil reported third-quarter operating earnings below expectations on Friday and cut its 2013 production guidance due to a major asset divestment.
In the past couple of years, as the eurozone woes have unfolded, international investors have been transfixed by one small country on the edge of the region: Greece. They would do well to keep watching another tiddler: Finland. For while Finland has not created much drama, precisely because it is one of the strongest eurozone members, some fascinating discussions are under way, the FT reports.
It is unclear how much Wen Jiabao, the prime minister of China, who has staked a position as a populist and a reformer, knows about the $2.7 billion in assets that his family has amassed, which are hidden behind a thicket of partnerships. The NYT reports.