Vitor Constancio, vice president of the European Central Bank, earlier this month. The central banker on Wednesday sent the strongest signal yet that the ECB is ready to buy sovereign bonds early next year if more stimulus is needed.
Continue reading below. Tiffany & Co. reported net income of $38.3 million, or 29 cents per share, in its third quarter. Earnings adjusted to extinguish debt were 76 cents.
Saudi Arabia will this week push the Organization of Petroleum Exporting Countries (OPEC) to cut production by up to 1.5 million barrels a day to help re-balance the market and lift oil prices from their four-year lows, analysts and strategists told CNBC.
The European Commission proposed a 315 billion-euro ($392 billion) investment plan based on guarantees and a small amount of seed money in order to offer European Investment Bank funds to a wider range of projects.
Black Friday, the huge shopping day after American Thanksgiving, used to be a single day. But as marketers try to squeeze as much money out of Black Friday as possible, it now extends from Thursday to Sunday.