When Germany faces Portugal at the Euro 2012 soccer championship on Saturday, another battle is playing out between sponsors Nike Inc and Adidas AG for the top spot in selling gear for the world’s most popular sport.
DUBAI — Qatar’s state budget surplus narrowed to 2.9 per cent of quarterly economic output in the third quarter of its 2011-12 fiscal year, as revenue dropped compared with the previous three months while spending took off, data showed on Thursday.
LONDON - European shares retreated from one-week highs on Friday as hopes for more global stimulus faded and data disappointed, with cyclical shares such as banks and miners that suffer in a difficult economic environment featuring among the top losers.
LONDON - Gold fell on Friday, extending losses from the previous day when the U.S. Federal Reserve gave no hint of plans for an imminent stimulus to the economy, disappointing investors and dampening the metal’s appeal as a hedge against monetary easing.
Gold fell more than 1 percent on Friday, extending a sell-off from the previous session when the US central bank chief gave no hint on imminent stimulus, disappointing investors and dampening the appeal of gold as a hedge against monetary easing.