AP – Investors around the world remained on edge Sunday as Congress continued to work on a deal to raise the country’s borrowing limit and avoid a U.S. debt default.
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Read More »Reuters – A $3 trillion deal that U.S. lawmakers could reach to raise the U.S. borrowing limit and avoid default could spur a relief rally in Wall Street stocks and a rise in U.S. government yields on Monday.
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Reuters – Investors eagerly bought the shares of Dunkin’ Donuts parent Dunkin’ Brands Group Inc , sending them up as much as 56 percent on their first day of trading on Wednesday.
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Read More »AP – Diageo PLC, the world’s biggest liquor producer, has agreed to pay about $16.4 million to settle civil allegations of bribing government officials in India, Thailand and South Korea to get sales and tax benefits for its Johnnie Walker and Windsor Scotch whiskeys and other brands.
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Reuters – Global stocks fell to their lowest in more than a week on Thursday, knocked down by mounting concerns about a U.S. debt default which also kept the dollar subdued against the safe-haven Swiss franc and the yen.
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AFP – European stocks markets slumped on Thursday, weighed down by debt strains in the United States, which offset earnings news from blue-chip companies, while the euro rose against the dollar.
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AFP – London stock markets closed higher at the end of trade on Thursday as corporates declared quarterly results though fears of a US debt default kept investment senitment jittery.
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Reuters – Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship.
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