Reuters – Wall Street may struggle this week to build on its best weekly performance in almost 30 years as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn.
Reuters – If markets are forward looking, investors might find themselves tempted to buy stocks and other risky assets just as major economies, most of them already in recession, deteriorate further.
Reuters – Deloitte LLP, the administrator of the retail and distribution businesses of British retailer Woolworths Group Plc , has received dozens of inquiries from companies and individuals for parts of the business, according to newspaper reports on Sunday.
Reuters – BHP Billiton Chief Executive Marius Kloppers will likely use the same pragmatic resolve to grapple with a collapse in metals markets that he did in ditching a mega takeover of mining rival Rio Tinto .
Reuters – The holiday shopping season got off to a slow start as consumers, squeezed by the economic crisis, bought carefully and said they would wait for better deals closer to Christmas.
