NEW YORK - U.S. stocks dipped at the open on Monday, after China's finance minister indicated the country will not increase stimulus measures, with data on the housing market due shortly after the opening bell.
Recent Business News
HONG KONG - Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares.
FRANKFURT - Germany's Siemens has agreed to buy U.S. oilfield equipment maker Dresser-Rand for $7.6 billion in cash, aiming to catch up with arch-rival General Electric in a booming U.S. shale gas market.
While the United Kingdom remains united, secession movements elsewhere are still going strong.