Business

Photo

Stress tests, Ebola cool global stocks after best week of year

LONDON - World stocks dipped on Friday, as European bank stress test results due at the weekend and New York City's first case of Ebola prompted investors to lock in profits after the best week for shares in well over a year.

Recent Business News

Three major nations absent as China launches World Bank rival in Asia

SHANGHAI - Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders.

Special Report: Why Madrid's poor fear Goldman Sachs and Blackstone

Madrid - Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same.

3:32am EDT

Asia economic growth to languish as China slows: poll

BANGALORE - Emerging Asia will contribute less to the global economy in 2015 than was expected just months ago as a slowdown in China drags on growth in the region, partially offset by acceleration in the United States, Reuters polls showed.

5:13am EDT

Exclusive: Port squeeze threatens U.S. retailers' holiday stocking plans

CHICAGO/LOS ANGELES - A shortage of transportation equipment and possible labor disruptions at ​the Los Angeles/Long Beach port complex, ​the nation's busiest, is delaying shipping containers for up to three weeks, threatening timely delivery to retailers for the holiday season.

1:35am EDT

Amazon's holiday-quarter forecast disappoints, shares dive

SAN FRANCISCO - Amazon.com Inc's sales projections for the crucial holiday quarter disappointed Wall Street and third-quarter results missed forecasts, sending the online retailer's shares 9 percent lower on Thursday. | Video

Tech, Media 23 Oct 2014

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary