Investors 2010 keep a positive attitude
Investors kicked off 2010 in bullish mood. Financial markets kicked off 2010 on an upbeat note on Monday with world stocks close to 15-month highs on hopes for a sustainable economic recovery.
Investors kicked off 2010 in bullish mood. Financial markets kicked off 2010 on an upbeat note on Monday with world stocks close to 15-month highs on hopes for a sustainable economic recovery.
Novartis aimed to buy rest of Alcon from Nestle, the world’s largest food group, for $39 billion, boosting its holding in Alcon to 77 percent. The Swiss drugmaker bought an initial 25 percent stake in 2008.
Mutual funds see the year off with growth of assets. Net value of the assets managed by Bulgarian collective investment schemes marks an uptake of 5% to BGN 353,6 million. A year ago mutual funds erased 57% of their assets, the Pari Daily informed.
A trade group for the lenders that finance half the capital equipment investment in the United States said on Tuesday the sharp pullback in business borrowing that marked the recent downturn moderated markedly in November — an encouraging sign companies may be growing more confident in the sustainability of the recovery. U.S. business investment is showing life.
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