Greek stocks fell more than 2% on Monday, as police and protesters clashed in Athens amid marches to commemorate the first anniversary of the police shooting of a teenager.
Insurer MetLife Inc. on Monday forecast a 50% rise in operating earnings next year and released a fourth-quarter 2009 outlook that was in line with Wall Street estimates.
Shares traded in Dubai fell sharply on Monday, led by a 10% drop in shares of Emaar, the property developer behind Burj Dubai, the world's tallest tower, which is scheduled to open next month.
McDermott International Inc. said Monday it will split itself into The Babcock &Wilcox Co., and J. Ray McDermott, with current shareholders receiving one share each of the two companies after the transaction takes place in the next year.
The value of the global carbon trading market could rise from roughly $118 billion in 2008 to nearly $2 trillion by 2020, although it currently remains frozen in the headlights pending safe passage of U.S. emissions trading legislation.
Gold futures fall more than 2% on Monday, extending their sharp losses, as the U.S. dollar rises against its major rivals, reducing the appeal of bullion as a hedge against the currency’s depreciation.
The U.K. is considering a direct tax on bankers’ bonuses or a windfall tax on the banks themselves amid rising public anger over the likely hefty payouts in the sector, according to media reports.
Shares in London fall on Monday, almost wiping out the previous session’s sharp U.S. jobs-related gains, as another tumble for metals futures weighs on mining shares and banks also lose ground.
The U.S. dollar was up slightly versus major rivals other than the Japanese yen Monday, extending Friday's sharp rally in the wake of a much smaller-than-expected drop in November non-farm payrolls and unexpected drop in the unemployment rate
