Emerging-market stocks declined to a one-month low, led by industrial and technology companies, on concern that a slowdown in China will hamper global economic growth. Russia’s ruble bond yields increased to a record.
Emerging-market stocks dropped, almost erasing a weekly gain, as China’s first onshore default sparked concern that swelling bad debt will weigh on global growth. Vale SA led a slide in commodity shares as metals fell.
Goldman Sachs Group Inc., which generated one-third of its profit from trading last year, is restarting Middle East and North Africa equity sales in Dubai, according to two people familiar with the matter.
Facebook Inc. said a $15 billion lawsuit accusing the company of secretly tracking the Internet activity of its users after they log off should be dismissed because the subscribers didn’t specify how they were harmed.