LONDON-- A round of figures showing China's economy is in relatively good health helped buoy markets Monday, at the start of a week that could offer greater clarity on the economic fates of Greece and Spain. After a lackluster trading session in Asia, the news on China encouraged investors in Europe.
The U.K. economy will get a boost from those who have had a “good recession” after its economic fundamentals changed for the better, according to an influential group of economists.
BANGKOK-- European stocks rose and some Asian markets staged a comeback Monday as investors looked ahead to the release of U.S. earnings reports and Softbank's $20 billion deal for Sprint showed optimism amid economic turbulence.
By afternoon in Europe, benchmark oil for November delivery was down 11 cents to $91.75 a barrel in electronic trading on the New York Mercantile Exchange. Benchmark oil fell 21 cents Friday to settle at $91.86 per barrel on the Nymex. Brent crude, which is used to price international varieties of oil, added 57 cents to $115.19 per barrel in London.
BRUSSELS-- The leader of a separatist party won the race to become mayor of Antwerp, Europe's second biggest port city, and vowed Sunday to use the power base to seek wider autonomy for Belgium's wealthy Dutch-speaking region of Flanders.
DETROIT-- Amphibious vehicles could soon be zooming out of James Bond's garage _ or pond _ and into yours. Michigan- based Gibbs Sports Amphibians Inc. hopes to sell the vehicle worldwide by 2014.. It's sort of magic, "the founder of Gibbs Sports Amphibians, Alan Gibbs, told The Associated Press in a recent interview.
LONDON-- Several supporters of the anti-corporate Occupy movement chained themselves to the pulpit of St. Paul's Cathedral during a service Sunday in an action marking the anniversary of its now-dismantled protest camp outside the London landmark.
TOLEDO, Ohio-- Long before smartphones turned so many of us into amateur photographers and revolutionized how we depict each other through social media, there were the works of French Impressionist Edouard Manet.
BRUSSELS-- Early results from Belgian municipal elections Sunday showed widespread gains for a separatist party that is seeking autonomy for the wealthy Dutch-speaking region of northern Flanders.
LONDON-- Britain's defense ministry announced Sunday that it is investigating whether retired senior officers broke any rules after they were recorded by undercover journalists as appearing to offer to lobby the government on behalf of defense companies. Richard Dannatt and former defense procurement chief Lt.
LONDON-- Supporters of Occupy have gathered outside St. Paul's Cathedral to mark the first anniversary of the anti-corporate movement's now-dismantled protest camp.
Oct 12- James Bond is back and better than ever, according to early reviews on Friday, as the latest movie featuring Britain's smooth-talking, martini-drinking super-spy soared with critics and audiences after an advance screening in London.
LONDON, Oct 12- The British government said on Friday the collapse of a Santander deal to buy 316 UK branches of state-backed bank RBS was a matter for the companies, adding that it remained committed to promoting competition in the banking sector. "This is a commercial matter for RBS and Santander," a Treasury spokesman said.
LONDON, Oct 12- Britain's energy suppliers, hit by rising operating and fuel costs, should think twice before hiking rates for cash-strapped families, finance minister George Osborne said on Friday.
LONDON-- Royal Bank of Scotland said Friday that Spanish bank Santander has backed out of its deal to buy 316 of RBS branches in the U.K., leaving the bailed-out bank looking for a new buyer. In August 2010, Santander agreed to buy the 316 RBS branches in England and Wales, along with the NatWest branch business in Scotland, but the deal was delayed several times.
NEW YORK, Oct 12- The New York- traded shares of Coca Cola Hellenic rose sharply on Friday, a day after the bottling company said it was leaving Greece, making the shares a standout in an otherwise flat market. The BNY Mellon index of leading American depositary receipts.
NEW YORK-- The price of oil dropped Friday after a new report predicted a slower pace of growth in demand for oil, overshadowing concerns about unrest in the Middle East. On the New York Mercantile Exchange:. _ Benchmark oil fell 21 cents to end at $91.86 per barrel.
LONDON-- A Gerhard Richter painting owned by Eric Clapton has sold for 21.3 million pounds, handily beating pre-sale estimates and setting a new auction record for the German abstract artist.
LONDON, Oct 12- Spain's Santander said it pulled out of a deal to buy 316 UK branches from Royal Bank of Scotland as there was no chance of the deal completing by the end of this year and it was unwilling to extend the deadline again.