Stocks on both sides of the Atlantic advanced amid better-than-expected corporate earnings and US consumer confidence climbing to the highest level in seven years. Focus is also squarely on US Federal Reserve policy makers as they started their two-day meeting. The central bank is expected to end its monthly bond-buying program. Shares of Amgen jumped, last up 5.1 percent, after …

Lib Petagna, the chief investment officer of HRL Morrison & Co which manages Infratil, has sold down his stake in the listed infrastructure investor, with Accident Compensation Corp’s investment portfolio taking up the majority of the shares. JML Capital, an entity related to Petagna, sold 3 million shares on market at $2.81 on Oct. 24, reaping $8.43 million, according to …

New Zealand shares edged up to a new record, paced by MightyRiverPower and Argosy Property, as investors bought dividend paying equities on the expectation interest rates will stay lower for longer. Guinness Peat Group dropped after updating the market about ongoing uncertainty around its UK pension obligations. The NZX 50 Index rose 4.505 points, or 0.1 percent, to 5338.331, rising to a record for the …