European Services, Manufacturing Contract Further
Europe’s manufacturing and service industries contracted at the fastest pace in almost seven years in September.
After Record Single-Day Increases, Crude Prices Fall
Despite the pending $700 million buyout, analysts suggest that a recession in the U.S. economy may be unavoidable causing oil futures to fall.
Nomura Makes It Official
Japan’s preeminent securities broker announced that it has finalized a deal to buy Lehman Brothers equity and mergers division.
