Measuring the point at which investors have exhausted their selling in a market downturn is an inexact science at best, and at its worst akin to sticking a finger in the air to judge shifting winds.
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U.S. consumer sentiment rises despite Ebola fears
While the appearance of the deadly Ebola virus in Texas is worrying the nation, it has yet to lead Americans to take a more cautious view over how to spend their money, data suggested on Friday.
U.S. housing recovery rolls on as groundbreaking rises
U.S. housing starts and permits rose in September, a signal the market's modest recovery is supporting what appears to be growing strength in the broader economy.
Publishers aim to take Chinese literature to the world
China, the world's second-biggest book market after the United States, has long been a consumer of works from other countries, now it is making a push to export its own literature abroad, helped by the e-book revolution.
Chiquita board rejects Cutrale-Safra offer, may weigh improved bid
The board of Chiquita Brands International Inc (CQB.N) on Thursday said a takeover bid by Brazilian juice maker Grupo Cutrale and investment firm Safra Group was "inadequate," and again recommended shareholders back a tie-up with Irish rival Fyffes Plc (FFY.I).
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Amazon.com Inc is expanding its online grocery delivery program to Brooklyn's well-heeled Park Slope neighborhood on Friday, giving the No. 1 U.S. online retailer a foothold in one of the wealthiest and densest markets in the United States.
The top 113 earners among staff at the Federal Reserve's Washington headquarters make an average of $246,506 per year, excluding bonuses and other benefits - more than Fed Chair Janet Yellen and nearly double the normal top government rate.
World stocks hit a nine-month low on Friday but oil and southern European bonds were off their week's worst levels, as investors began to dust themselves off after one of the most volatile spells in world markets in years.
Just six weeks into his job, Tesco (TSCO.L) boss Dave Lewis must look at selling assets in Britain and abroad as he battles to raise funds to pull the world's No.3 grocer out of the deepest crisis in its 95-year history.
Loss-making budget airline Virgin Australia Holdings Ltd (VAH.AX) will buy full control of its ailing 60 percent-owned Tiger Australia Airways business for just A$1, signaling plans to cut a bloated fleet that has hobbled turnaround efforts.
Food distributor Sysco Corp (SYY.N), fighting to complete a merger with US Foods Inc [USFOO.UL], is attempting to craft a package of potential asset sales weighty enough to convince U.S. antitrust regulators to approve the deal.
Goldman Sachs Group (GS.N) is in discussions to acquire IndexIQ, a Rye Brook, New York-based exchange-traded fund provider, according to three sources familiar with the situation.
The embattled U.S. Export-Import Bank on Thursday said it authorized $1.7 billion in financing to support U.S. exports of helicopters, business jets and agricultural aircraft since fiscal 2012, aiding a sector hit hard by the 2008 financial crisis.
Asian stocks clawed back some of this week's losses on Friday after a solid set of U.S. data calmed turbulence in global financial markets, though underlying worries about slowing world economic growth kept investors on edge.
