World financial markets were unsettled again on Thursday as a week-long sell-off in benchmark government bonds, stocks and the dollar, and a race up in oil prices, was compounded by UK election uncertainty.
Tags: Europe
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Tesla Motors Inc (TSLA.O) Wednesday reported a wider first-quarter net loss, but outperformed expectations and stuck to key milestones for the year ahead despite pressure on margins.
The U.S. stock market has struggled for direction of late, but next week's payroll report could confirm whether the recent weakness in data and stock prices is waning as the weather warms, or the start of a longer-term trend.
Detroit's automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead.
A holiday in most of Europe thinned trade on Friday after a tumultuous week when the dollar dove, bond yields soared and stock markets in Europe and the United States weakened.
The euro rose for a third day against the dollar on Thursday, pushing above $1.12 for the first time in two months on growing concern over the U.S. economy's prospects.
World stock markets and the dollar remained in a sharp sell-off mode on Thursday, having been jolted sharply lower by weak U.S. growth data and cautious comments from the Federal Reserve.
Italian refiner Saras (SRS.MI) and Russian energy giant Rosneft (ROSN.MM) have called off plans to set up a trading joint venture, Saras Managing Director Dario Scaffardi said on Tuesday.
Stocks fell in Europe on Wednesday, following Asian stocks lower, while the dollar held near two-month lows before a Federal Reserve policy statement expected to show the U.S. central bank in no hurry to raise interest rates.
Ford Motor Co (F.N) reported a first-quarter profit that was less than analysts expected, selling fewer vehicles in North America as it worked to increase production of the redesigned F-150 pickup truck, and losing money in South America.
