LONDON World shares slid towards their fourth weekly loss in the last five on Friday, as a boost from a supportive-sounding European Central Bank gave way to caution before U.S.
China's stocks slumped in Hong Kong to a two-year low amid speculation mainland shares will decline when trading resumes on Monday after holidays.
FRANKFURT Bayer's (BAYGn.DE) plastics maker Covestro aims to raise about 2.5 billion euros ($2.8 billion) with an initial public offering in the fourth quarter, sources said, leaving its parent to focus on drugs and pesticides.
HONG KONG - Bohai Leasing of China plans to buy the Irish aircraft leasing firm Avolon in a deal with worth $7.6 billion, the companies said.
VLADIVOSTOK, Russia—Russian President Vladimir Putin made a pitch Friday for greater investment in his country's resource-rich Far East region, despite a slowdown in the Chinese economy that has shaken global markets.