RPT-David Bowie's art collection arrives in NY ahead of November sale
Sept 26 Sotheby's on Monday previewed the contemporary art collection of late rock star David Bowie at their gallery headquarters in New York ahead of its auction in November.
LONDON Feb 22 European shares rose on Friday in a broad-based rally as investors took advantage of the previous session's steep falls to pick up equities on the cheap, though traders cited some caution given weekend elections in Italy.
The FTSEurofirst 300 provisionally closed up 1.2 percent at 1,165.43, having sunk 1.5 percent on Thursday as uncertainty over the U.S. Federal Reserve's future monetary policy was compounded by disappointing news on the euro zone economy.
Brightening the mood on Friday, data showed German business morale surged at its fastest pace in over two years in February.
"People are looking more relaxed today with the Ifo showing that at least for the German economy things are moving into the right direction," Gerhard Schwarz, strategist at Baader Bank, said.
"I think we are now in a kind of digestion phase going on for a couple of weeks, and after that I would expect a resumption of the uptrend."
Investors in Europe have been seeking protection against the risk that Italian elections next week could produce a political stalemate that will make fiscal reforms more difficult to implement.
NEW YORK, Sept 26 A federal appeals court on Monday cleared the way for American Express Co to enforce rules prohibiting merchants that accept its cards from steering customers toward lower-cost cards offered by competitors.
WASHINGTON, Sept 26 Large regional banks that must satisfy the U.S. Federal Reserve's 'stress test' would be exempted from a key portion of the review that examines risk management and internal controls under a proposal outlined on Monday.