Families who pack up the car this Fourth of July weekend will spend much less on gasoline than last year — prices are down by more than a third from last summer. But when it comes to fueling your investment portfolio, a specialized exchange-traded fund may hedge against unwelcome oil-price spikes.
Europe Markets: Utilities drag Europe lower; British Air climbs
European shares edged lower on Friday with U.S. equity markets closed for a holiday, with utilities and metals producers dragging lower.
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London Markets: British Airways surges while London closes flat
British Airways surged on plans to cut capacity, while the broader London market closed flat Friday.
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E.U. urges derivatives clearing house
The European Commission on Friday outlined a plan designed to overhaul the regulation of the over-the-counter derivatives market, which includes a proposal to widen the use of clearing houses for derivatives transactions.
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London Markets: Reed Elsevier stars in quiet London trade
Reed Elsevier on Friday stood out in a drab London market on Friday after Credit Suisse upgraded the European media sector and said the Anglo-Dutch company was one of its top picks.
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Bank of Ireland margins come under pressure
Bank of Ireland on Friday says its margins have come under further pressure in the last three months.
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