Amazon unit may be moving into sporting goods Inc's Quidsi unit may be getting into sporting goods, challenging retailers in this niche, including Dick's Sporting Goods, Hibbett Sports and Cabela's, analysts at Credit Suisse said Monday.

FTSE Close Lower as Bank Shares Lead Retreat

Weakness in banks and commodity stocks dragged Britain's leading share index lower on Monday as the protracted search for a Greek bond deal and concerns about economic growth kept investors nervous.

UK Opposition Seeks Debate on RBS Chief's Bonus

Pressure grew on the chief executive of bailed-out lender Royal Bank of Scotland on Sunday to give back a million pound ($1.5 million) bonus as the Labor opposition said it would force a parliamentary debate on the row.

U.S. Economic Snapshot: How Are We Doing?

The U.S. economy is not robust by any means, but the recent manufacturing-driven recovery, if tepid, is finally beginning to erase memories of the disappointing slowdown in 2011. On the wings of the recent gains, growth in most sectors of the economy is likely to continue - and maybe even pick up momentum towards the end of the year.

European Stocks Hit Highest Level Since August

European stocks hit their highest close since early August on Monday, with euro zone banks gaining sharply following a report that France and Germany were calling for a relaxation of global bank capital rules to prevent a credit crunch.


Nikkei Climbs to Two-Week High

Japan's Nikkei average rose to its highest closing level in nearly two weeks on Wednesday with traders citing a boost from large programme trade in the afternoon, while electrical wire companies were the small-cap favorite of the day.
Hang Seng Index

Chinese Stock Markets Surge 4.2 Percent

China shares on Tuesday surged 4.2 percent, their biggest one-day gain in more than 27 months, after Beijing reported that the world's second-largest economy grew faster than expected in the last quarter of 2011, although at its weakest pace in 2-1/2 years.
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Telcos to Halt Mobile Network Spending Spree

Telecom operators globally are expected to cut spending on their networks this year, hitting equipment makers that were only just beginning to recover from intense price wars and the last economic downturn.
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Japan to Cut Iran Oil Imports

Japan has joined the U.S. in its economic efforts to pressure Iran to abandon its nuclear program by agreeing to buy less Iranian oil.
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Forex Trade Emails Cast Doubt on SNB's Hildebrand

The supervisory council of the Swiss National Bank forced Philipp Hildebrand to step down as chairman after emails about a currency trade by his wife failed to clear him of involvement in the deal, newspapers reported on Tuesday.