Stocks rise on economic hopes ahead of payrolls (Reuters)
Reuters - Stocks rose on low volume on Thursday as data showed improvement in housing and the job market a day ahead of the critical monthly payrolls figures.
Economic data damp down fears of new recession (Reuters)
Reuters - Pending sales of previously owned U.S. homes rebounded unexpectedly in July and new claims for jobless benefits fell last week, helping quell fears the economy could face a double-dip recession.
Dell’s enterprise challenge remains after 3Par (AP)
AP - Dell Inc. doesn’t have to start over in its quest to become a significant purveyor of technology for businesses after losing a multibillion dollar bidding contest for an obscure data-storage maker.
No CommentsEU critical of France over Roma
The European Commission criticises France over its expulsions of Roma (Gypsies) and requests more information about the crackdown.
No CommentsGerman banker ’should be fired’
The German central bank calls on the country’s president to dismiss one of its board members over comments he made about immigration and Jews.
No CommentsRussia extends grain export ban
Russia will consider lifting its grain export ban only after the next year’s harvest has been reaped, Vladimir Putin says.
No CommentsECB ups eurozone growth forecasts
The European Central Bank raises its forecast for eurozone growth for this year and next year, and keeps interest rates on hold.
No CommentsMan held over Russia club blaze
Police in Spain arrest a Russian man wanted for questioning about a fire at a Russian nightclub that killed more than 150 people in 2009.
No CommentsUK’s Hague defended over aide
David Cameron supports William Hague “100%” following speculation about the foreign secretary’s private life, the PM’s spokeswoman says.
No CommentsS&P and Nasdaq buoyed by housing, jobs data (Reuters)
Reuters - The S&P 500 and Nasdaq advanced on Thursday, building on their best day in eight weeks in the previous session as data showed an improvement in pending home sales and a drop in initial jobless claims.