Bloomberg US index futures drifted lower and European stocks dropped as investors awaited a possible Federal Reserve interest-rate cut and some of the season’s biggest corporate earnings. Treasuries edged higher and most European bonds rose. Contracts on the S&P 500 nudged down a day after the US equity benchmark hit a record, and ahead of results from drug giants Pfizer …

Bloomberg Indian stocks rose on optimism that companies have weathered the worst of an economic slowdown. Tata Motors Ltd surged for a second session after posting earnings that beat expectations. The S&P BSE Sensex climbed 1.5% to 39,831.84 at the 3:30 pm close in Mumbai. The NSE Nifty 50 Index advanced 1.4%. Sentiment is improving as companies report business wasn’t …

Bloomberg The chief executive officer of fashion giant Hennes & Mauritz AB says a growing movement that shames consumers represents a very real social threat. Karl-Johan Persson, the 44-year-old H&M CEO and son of its billionaire chairman, is speaking out as a pattern of shaming that initially targeted air travellers spreads into more industries, including his. The movement has gained …