While you were sleeping Dealing with Sandy

Tue, 30 Oct 2012

By Margreet Dietz Oct 31 (BusinessDesk) - European's benchmark equity index posted a gain for the day as corporate earnings including from UBS and Deutsche Bank exceeded expectations, providing some relief from concern about the impact of Hurricane Sandy and the global economic slowdown. Wall Street remained closed for a second day as officials began tallying the destruction inflicted by Sandy on the East Coast of the US and is expected to have caused more than US$20 billion in damage. US Treasury markets were also closed today. The supersto...

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