Markets news on stocks, currencies and commodities; Following a slide in markets on Thursday after Dubai World, the Gulf emirate’s public investment company, carrying $59 billion of liabilities, shocked markets by seeking to delay repayment on much of its debt, Asian markets fell sharply Friday. However, worries have eased in Europe. Meanwhile, today, Black Friday, the day after Thanksgiving Day, is generally the single busiest shopping day of the year in the US and accounts for nearly one-fifth of the retail industry’s annual sales.
Related posts:
- Markets News Monday: Dubai fears ease; Food group Aryzta reports 16% fall in first quarter revenues
- Markets News Afternoon: Shares slide on Dubai default worries; London Stock Exchange resumes after technical hitch
- US new home sales rose in October; Adds to positive news on weekend sales
- Markets News Afternoon: Stocks slide in Europe and US as sovereign debt worries rise; Euro below $1.38; Trichet says ECB’s interest rate are “appropriate”
- Markets News Friday: Shares slide in Europe and Asia; Credit Suisse warns increased capital/ regulation may cut European bank returns to pre-1990s levels