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NEW YORK: U.S. stocks were little changed on Monday as a drop in oil prices that weighed on the energy sector was offset with a strong showing by biotech stocks.
NEW YORK: Stock markets around the world rebounded for the second straight day on Wednesday as fears about last week's Brexit vote eased and investors wagered central banks would ultimately ride to the rescue with more stimulus.
NEW YORK: Cosmetics maker Revlon Inc has agreed to buy Elizabeth Arden Inc in an US$870 million deal to strengthen its skincare and fragrance business and expand in high-growth markets including the Asia-Pacific region.
NEW YORK: With the S&P 500 again coming close to a record this week before falling back, investors will turn next week to a full slate of economic data and a Federal Reserve meeting in hope of fresh reasons whether to drive stocks to new highs.
NEW YORK: The technology sector has taken it on the chin in recent days, after lukewarm-to-disappointing results from a range of bellwethers such as Apple, Alphabet and Microsoft, but stocks of smaller tech companies have managed to buck the downtrend.