A round-up of the key stories across the specialist financial media, including news that shareholders of Olympus, hoping for a fresh start, have approved a new board.
Shareholders of Olympus Corp approved a new board on Friday, hoping for a fresh start at the camera and medical device maker that hid $1.7 billion of investment losses in Japan's biggest corporate scandal in decades.
German business confidence has risen for a sixth consecutive month, highlighting the robustness of Europe’s largest economy even as the eurozone debt crisis takes its toll on much of the rest of the continent.
US stock futures advance on GE, Schlumberger earnings
US stock-index futures rose, indicating the Standard & Poor’s 500 Index will snap two days of losses, as General Electric and Schlumberger reported earnings that beat estimates.
Europe urged to fix crisis as G-20 warns of more stress
Europe’s governments were told the onus for fixing their debt woes lies with them as the Group of 20 warned the two-year crisis still threatens global growth.
Rising layoffs, falling home sales and slowing manufacturing activity are sparking fears that the economic recovery is headed for a springtime stall for the third year in a row.
