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London investors await G20 meeting

London investors await G20 meeting

Investors in the British stock market, which hit a 10-month high this week, will this week look forward to the Group of 20 finance ministers’ meeting in London amid a dearth of company results.

Europe stocks rally as British recession eases

Europe stocks rally as British recession eases

European equities rallied Friday, boosted by some better-than-expected company news and data showing that the British recession was not as deep as expected in the second quarter, analysts said.

Oil prices creep up following positive data

Oil prices creep up following positive data

Oil prices edged higher Friday amid resurgent demand in Asia and positive economic data in the United States and Europe that supported hopes the global economy is pulling out of recession.