Spain’s government bonds advanced for the first time in three days as yields that climbed to the highest level in five weeks attracted buyers amid speculation that central banks will keep interest rates low.
Austria will risk contagion should it allow Hypo Alpe-Adria-Bank International AG to fail or force bondholders to take losses, the central bank said, as the nationalized lender’s debt slid for a second day.
Spotify Ltd., the music streaming company, plans to offer a free advertising-supported service for mobile devices in the U.S. and other countries, according to three people with knowledge of the situation.
Winds exceeding 100 miles an hour and heavy rain battered Scotland and parts of England, killing a truck driver and disrupting rail services as storms sweep across the North Atlantic and the North Sea.
The Riksbank should stop worrying about Sweden’s record private debt load and could do more to support economic growth, said Pier Carlo Padoan, chief economist at the Organization for Economic Cooperation and Development.
Nordea Bank AB, the Nordic region’s largest bank, will open a full-scale currency and money markets desk in Singapore to offer clients trading around the clock as it expands services for customers with operations in Asia.
Oasmia Pharmaceutical AB rose the most in more than three months after the biotechnology company said its manufacturing plant in Sweden passed a pre-approval inspection by the U.S. Food and Drug Administration.