NEW YORK - Wall Street rose modestly on Monday after Chinese inflation data eased worries about policy tightening there, while investors were cautious before speeches on the economy by top Federal Reserve officials.
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LONDON - HSBC played down a report on Monday that it was considering listing a third of its British retail and commercial banking arm in order to meet UK regulation and unlock value for shareholders.
BRUSSELS - The euro zone's bailout fund should be allowed to lend to help finance the closure of banks in the bloc, a proposal prepared for euro zone finance ministers showed on Monday.
- McDonald's Corp reported weaker-than-expected global sales at established restaurants for November, hurt by a sharp drop in comparable-store sales in the United States.
LONDON - Banks in Europe, keen for any hints about next year's industry health check by European regulators, will find few pointers from Ireland's just-completed review of its three major lenders.
Today's jobs report showed that the US economy added 203,000 jobs in November, and the unemployment rate fell to 7.0% for the first time since recession.