WASHINGTON U.S. consumer spending in June advanced at its slowest pace in four months as demand for automobiles softened, suggesting the economy lost some momentum at the end of the second quarter.
A massive sell-off of stocks in Greece on Monday underscored the uncertainty that still surrounds the Mediterranean nation as its government tries to secure a new international bailout to avoid a disastrous default.
(Adds details from court filing and background throughout). By Tom Hals. Aug 3 (Reuters) - Alpha Natural Resources Inc, one of the largest U.S.
HSBC 581.3p +1.6p. Questor says Hold. The sale of HSBC's [LON:HSBA] Brazilian arm is the latest step in a retrenchment that could eventually see the banking giant up sticks and move its headquarters back to Hong Kong.
Kraft has announced a recall of some American cheese singles amid concerns about the plastic wrap that covers the individual slices.