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A Ferrari SpA dealership employee took a spin on Nanjing’s 600-year-old city wall, leaving tire marks on the Chinese relic and prompting an apology from the automaker.

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LONDON — Markets recovered their poise on Thursday after a jittery few days during which Greece’s political chaos spooked investors. Spanish shares outperformed all others after the government confirmed it will nationalize the country’s fourth-largest bank.

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Gold steadied on Thursday after falling to a four-month low in the previous session, as an uptick in the euro after Spain moved to clean up its banks and Europe’s bailout fund approved a key payment to Greece took some pressure off prices.

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Saudi Arabia has transferred $1 billion to Egypt’s central bank, an Egyptian minister said on Thursday, in a move seen as helping Cairo secure a $3.2 billion loan from the IMF.

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Strong demand ahead of steep cuts in sector subsidies gave Germany’s battered solar industry a respite in the first quarter, with the country’s two biggest players beating profit expectations.

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Gold steadied in Europe on Thursday after falling to a four-month low in the previous session, as an uptick in the euro after Spain moved to clean up its banks and Europe’s bailout fund approved a key payment to Greece took some pressure off prices.

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Japanese electronics giant Sony on Thursday posted a record full-year loss of $5.7 billion, but vowed it would swing back into the black this year as it embarks on a huge restructuring plan.

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Thousands of off-duty police officers are marching through London in a demonstration over pay and budget cuts, while tens of thousands of British public sector workers walk off the job to protest the government’s proposed changes to pension plans.

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World stock markets fell Wednesday, with Japan’s Nikkei closing at a three-month low, as political turmoil in Greece pushed the debt-crippled country closer to financial disaster.

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