European stocks rebounded from a three-month low before reports on American consumer confidence and home sales. Asian shares fell and U.S. index futures gained.
TeliaSonera AB (TLSN) climbed 7.1 percent after saying it will receive 22 billion kronor ($3.3 billion) from selling shares in OAO MegaFon and a special dividend as Russia’s second-largest mobile-phone operator prepares for a London initial public offering. Nordea Bank AB (NDA), the Nordic region’s biggest lender, rose 3.8 percent after profit topped estimates. Michelin & Cie. climbed 6.9 percent on increased revenue.
Mohammad Bin Zayed revamps Khalifa Fund board
General Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince, Deputy Supreme Commander of the UAE Armed Forces and Chairman of Abu Dhabi Executive Council, issued a resolution on Thursday rest