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Traders work on the floor of the New York Stock Exchange

Stock Futures Dip on Concerns About Greece

Stock index futures were modestly lower on Monday, extending equities losses from the previous session as concerns over Greece's teetering finances returned to the forefront.
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Nigeria's rescued banks recapitalise

Nigeria's Union Bank on Friday became the last lender rescued in a $4 billion 2009 bailout to get recapitalisation approval, bringing to a close a reform programme set-up two years ago to end the country's banking crisis.
Morocco"s King Mohammed prepares to address the nation in Rabat

Morocco regulator in pledge on monarchy-owned firms

Morocco's antitrust authority pledged total even-handedness in dealing with businesses owned by the monarchy, but exception may be made in sectors that help preserve social stability and firms that are leaders in other sectors, its head said in an interview.
Workers build a pipeline for transporting natural gas

China, Tanzania sign $1 bln gas pipeline deal: report

China and Tanzania have signed a $1 billion loan agreement to build a major natural gas pipeline in east Africa's second-biggest economy, a Tanzanian newspaper quoted the country's energy minister as saying on Friday.
Gold pellets

Central Banks' Gold Buying Helps Lift Gold Prices

Central banks' gold buying is lifting the price of the precious metal in a trend that analysts expect to continue even if widespread predictions of a price rise to $2,000 by year-end comes true.
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Wall Street Sinks at the Open after China Data

Stock indexes fell more than 1 percent at the open on Friday, putting equities on track for their fifth straight monthly decline, as China's manufacturing shrank and stirred fears the global economy was slowing.
Kobe Bryant

Bryant Deal 95 per Cent Done, Say Bologna

NBA All-Star Kobe Bryant was on the verge of making a remarkable move to the modest Italian basketball arena on Friday after Virtus Bologna president Claudio Sabatini described the deal as 95 per cent done.
Shanghai's new financial district skyline is seen from the opposite side of Huang Pu river.

Chinese Private Equity Firms Set Sail Abroad

Flashed on the side of a building here in Shanghai's historic Bund district, an image shows a giant ship named Hony, setting sail from China, traveling past the Statue of Liberty, past Big Ben, and bringing home crates of golden coins.
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Gold up 1%, On Track for Biggest Quarterly Gain This Year

Gold rose more than 1 percent on Friday but was on track for its biggest quarterly gain this year as concerns that the euro zone debt crisis was far from resolved weighed on stock markets and the euro, lifting interest in bullion as an alternative.
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Russia's Polymetal Aims for Premium Listing on LSE

Russian precious metals miner Polymetal is seeking a premium listing on the London Stock Exchange, raising about $500 million in a move it hopes will catapult it into the FTSE 100 bluechip index and hand it currency for acquisitions.
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European Stocks Set for Worst Quarter Since 2008

European stock index futures fell Friday, putting shares there firmly on course to post their biggest quarterly decline since the months following the collapse of Lehman Brothers three years ago.
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SGX, LSE in Joint Bid for London Metal Exchange: Source

The Singapore Stock Exchange Ltd is tying up with London's main bourse to make a joint bid for the London Metal Exchange, a source told Reuters on Friday, as the world's largest metal market seeks a suitor in a deal that could be worth 1 billion pounds ($1.57 billion).
Gold and silver bullion

Gold Holds Gains but Heads for Worst Month Since Oct. '08

Gold jumped more than 1 percent on Friday after Germany's approval for expanding the euro zone bailout fund offered temporary relief to investors, but the precious metal was heading for its worst monthly decline in three years.

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