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Summer of discontent beckons

LONDON - The late spring warmth spreading across Europe and the United States is unlikely to soothe a growing anxiety in financial markets that the global outlook is anything but balmy. | Video

Recent Business News

China to encourage private capital in banking industry

BEIJING - China will give private capital the same entry standards to the banking industry as other capital, state media said on Sunday, as the government makes its hardest push in a decade to court private investors by welcoming them into a handful of sectors.

12:19pm BST

Glencore to lay out Xstrata merger plans

LONDON - Glencore will this week move into the final stage of its long-awaited $30 billion takeover of miner Xstrata , as shareholders are sent detailed documents on the deal, kicking off a last charm offensive ahead of July votes.

10:35am BST

China enters new era of services expansion with Singapore CPG buy

BEIJING - China broadened its overseas investment strategy into the services industry on Sunday, with the country's top state-owned design and management purchasing a Singapore design firm.

11:39am BST

Canada's RIM to cut at least 2000 jobs - report

TORONTO - Research In Motion Ltd is preparing for a major restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000 jobs worldwide, the Globe and Mail reported on Saturday, citing unnamed sources.

26 May 2012
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DAX 6,339.94 +24.05 +0.38%
CAC 40 3,047.94 +9.69 +0.32%
TR Europe 113.94 +0.00 +0.00%
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Gold 1,573.10 +15.60 +0.99%
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Corn 578.50 +0.00 +0.00%