LONDON—European stocks were mostly little changed Friday, unable to make any real headway after another round of weak U.S. data undermined confidence in the pace of the global recovery.
ATHENS—The European Union said measures taken by the Greek government up to June to reduce its budget shortfall seemed to go far enough to meet its 2010 target, though more work is needed to lock in the gains.
LONDON—McDonald’s Corp.’s yuan bond sale, the first by a foreign company in Hong Kong, may pave the way for a new global debt market as China seeks to capitalize on its status as the engine of the world’s economic recovery.
