Wall St. drifts before long weekend; consumer stocks up
U.S. stocks ended little changed on Friday ahead of the long holiday weekend, though indexes ended a two-week streak of losses and consumer shares were strong for a second day.
MILAN IKEA has halted the sale of meatballs at its Italian shops produced by Swedish supplier Familjen Dafgard on concerns they may contain horsemeat, a spokesman for IKEA's Italian unit told Reuters.
"We stopped selling in Italy meatballs from this Swedish producer," a the spokesman said. "Our meatballs must be made of beef and pork. We will carry out checks on possible DNA presence (of horsemeat)."
IKEA is stopping sales of its popular minced meal lunch after checks by the Czech food regulator found horsemeat in some of its meatballs.
A horsemeat scandal in Europe has prompted widespread product withdrawals, consumer concern and government investigations into food processing systems across the continent.
(Reporting By Maria Pia Quaglia; Writing by Lisa Jucca; editing by Keith Weir)
TORONTO The Toronto Stock Exchange's efforts to win a slice of the massive Saudi Aramco public listing plays up the country's deep experience in natural resources as part of a broader offer to help the kingdom with its shift away from oil dependence.
Billionaire Carlos Slim is looking to sell a minority stake in Telesites SAB de CV , the Mexican wireless tower company that he controls, people familiar with the matter said on Friday.