A wide range of financial markets tumbled Monday amid a stunning sell-off of gold and silver, new signs of global economic weakness and still deeper fears following the afternoon Boston Marathon attack. Read full article >>
(Reuters) – Shares of network gear maker F5 Networks Inc fell as much as 20 percent and dragged down others in the sector after the company estimated second-quarter results way below analysts’…
* Richemont shares down 6 pct, dragging down sector (Adds comments from Montblanc CEO, analyst, details)
SAO PAULO — When the Brazilian economy began to stall last year, officials in Latin America’s largest country started pulling pages from the playbook of another major developing nation: China. They hiked tariffs on dozens of industrial products, limited imports … Continue reading
NEW YORK (Reuters) – Stock index futures fell on Tuesday on concerns the slow global economy will continue to dent corporate revenues, with a trio of Dow components appearing to confirm investor worries.
WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods fell sharply in August, suggesting the main engine of the economic recovery was stalling even as a report showing a drop in new claims for jobless aid offered a hopeful sign … Continue reading
(Reuters) – Chipmaker Marvell Technology Group Ltd’s current-quarter results may miss expectations on faltering growth at its lucrative mobile phone chips business in China and continued slowdown in…
* Net writedowns of loans in Austria, CEE region down 18.6 pct
Real-Time Advice: Overall car sales slumped last month, but these vehicle categories are still hot.
An economic slowdown in China and other major developing countries has pulled one of the few remaining props from the world economy, which is already threatened by the financial crisis in Europe and a sluggish U.S. growth. Read full article … Continue reading