Market News

European stocks posted muted moves as investors prepared for key US jobs numbers that will provide clues on the chances of a Federal Reserve interest-rate hike this month. Volkswagen AG shares jumped on plans for a sweeping restructuring at the carmaker.

A sting operation has abruptly overturned the leader’s attempt to put financing scandals behind him

Ferrexpo Plc, an iron ore miner in Ukraine working to stave off insolvency, raised about $100 million from investors through a long-awaited fundraising program that it had called essential for its continued survival.

Beata Manthey, European equity strategy head at Citi, says economic data, earnings revisions and government policy paint a positive picture for European firms. "We argue that actually policymakers are making good steps toward really protecting [the] European economy going forward," Manthey tells Blo

FORM 8.5 (EPT/RI)

FORM 8.5 (EPT/RI)

Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)

A record cash surplus in India’s banking system is driving away borrowers.

Angel Ubide, Citadel's head of economic research for fixed income and macro, discusses the outlook for Federal Reserve policy, Treasuries and the spread between French and Italian bond yields. Ubide talks with Francine Lacqua in Cernobbio, Italy. (Source: Bloomberg)

Nigerian billionaire Aliko Dangote said an initial public offering for his refinery, Africa’s largest, will open within two weeks.