SPI futures down 2 points; On Wall Street, S&P +0.3%, Nasdaq +0.5%, Dow Jones +0.1%; In Europe, Eurostoxx +0.3%, FTSE100 +0.2%, CAC +0.3%, DAX +0.1%; Spot gold down 0.2% to $US1287.32 an ounce; Brent crude oil up 0.6 per cent to $US103.04 a ...
The European Central Bank gets back to work after the summer next week with inflation in the euro zone now down to 0.3%. That may not prove enough for them to bring in new policy measures.
Consumer spending has dropped down. The fall is the very first if we see the six months' statistics. It is also observed that households' confidence remained high in August approaching the highest point in seven years.
Berkshire Hathaway Inc. (A:US)'s $3 billion of financing for Burger King Worldwide Inc. (BKW:US)'s planned takeover of Tim Hortons Inc. (THI) gives billionaire Warren Buffett the option to buy a 1.75 percent stake in the combined company.
A+E Networks is close to acquiring a 10 percent stake in Vice Media Inc., a deal that would value the company at about $2.5 billion, according to people with knowledge of the matter.