Market

The American Apparel factory headquarters is pictured in Los Angeles, California in this file photo taken July 7, 2014. REUTERS/Jonathan Alcorn /files

Hedge fund plans American Apparel future without ex-CEO Charney

17/07/2014(0)
Standard General, a little-known hedge fund that has taken the reins of American Apparel, has mapped out a recovery plan for the retailer with or without its ousted Chief ... Read More
The logo of Russia's top crude producer Rosneft is seen at the company's headquarters, behind the Kremlin wall, in central Moscow

U.S. sanctions set to slow Rosneft’s dollar debt, not oil deals

17/07/2014(0)
President Barack Obama aimed a direct blow at Russia’s economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the ... Read More
A U.S. flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of Washington

U.S. foreclosure activity hits lowest level since 2006: RealtyTrac

17/07/2014(0)
Foreclosure activity in the United States dropped last month to the lowest level since July 2006, before the housing bubble burst, and likely will continue to drop through the ... Read More
China's Minister of Commerce Gao Hucheng delivers a speech at a China-Britain Business Council dinner in London

China urges U.S. not to abuse trade system for own advantage

17/07/2014(0)
China’s commerce minister urged the United States on Thursday not to abuse the global trade system by imposing duties on Chinese goods to protect its own economy, following a ... Read More
yellen - Fed

Yellen Says Restraining the Fed’s Oversight Would Be a ‘Grave Mistake’

17/07/2014(0)
The Federal Reserve’s chairwoman, Janet L. Yellen, said on Wednesday that it would be a “grave mistake” for Congress to adopt legislation proposed by House Republicans constraining the Fed’s ... Read More
oil platform in sea

Vietnam Says China Backing Down In Oil Rig Dispute

17/07/2014(0)
A leading Vietnamese military officer said July 16 that China’s decision to remove a huge oil rig from waters claimed by both countries shows that it is backing down ... Read More
airplane

Global airline CEOs upbeat on revenue growth prospects: survey

17/07/2014(0)
Airlines are confident that their industry will boost revenue over the next year and consider joint ventures a more viable growth driver than mergers, a PricewaterhouseCoopers survey of nearly ... Read More
European_Central_Bank

Handful of non-EU banks to make European stress tests debut

16/07/2014(0)
A handful of global banks are bracing themselves for their first results from Europe’s bank stress-testing regime, which will tell them in October whether they have enough capital to ... Read More
Time Warner

Time Warner rejected $80 billion bid from 21st Century Fox: NYT

16/07/2014(0)
Media mogul Rupert Murdoch is determined to buy Time Warner Inc (TWX.N) after the media conglomerate rejected an $80 billion buyout offer from Twenty-First Century Fox Inc (FOXA.O), the ... Read More
trafigura

Trafigura Targets $8B India Metals Market With Online Store

16/07/2014(0)
Switzerland-based Trafigura has launched an online store in India to sell aluminum, copper and other metals, seeking a slice of the $8 billion market and becoming the first big ... Read More
Broker Cyprus TopFX