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Abigail Johnson Named CEO of Fidelity Investments

14/10/2014(0)
Fidelity Investments is getting its first new chief executive since the Carter administration. In a memo to employees, the nation’s second-largest fund manager said Monday that it named Abigail ... Read More
G20 - image

G20 watchdog toughens up new rule for securities financing

14/10/2014(0)
Global regulators are making it more expensive for hedge funds and insurance companies to raise money from loaning shares in a bid to curb hitherto unregulated risks in “shadow ... Read More
oil

Five reasons oil prices are dropping

14/10/2014(0)
As oil prices continue to fall, analysts and producers are trying to wrap their heads around the reasons and identify a floor price. Even though crude benchmarks like Brent ... Read More
china coal

New Chinese coal import tax causes disaster for Australian miners

14/10/2014(0)
China’s bombshell decision to impose tariffs on coal imports could prove to be the tipping point for Australian miners already struggling to stay afloat. The move by the economic ... Read More
moex

Moscow Exchange Signs Cooperation Agreement with Bank of China

13/10/2014(0)
Moscow Exchange and Bank of China have signed a cooperation agreement aimed at expanding collaboration between the Russian and Chinese financial markets. Bank of China President Chen Siqing and ... Read More
Citibank logo is seen at the facade of a Citibank building in New York

U.S. banks ramp up credit card lending but margins may suffer

13/10/2014(0)
As traditional Wall Street money makers like stock and bond trading suffer, banks are growing increasingly willing to invest in less glamorous operations: their credit card businesses. JPMorgan Chase ... Read More
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Ruble Risks Betrayal at Home in Nation’s Rush for Dollars

13/10/2014(0)
More Russians are beginning to keep their cash in dollars and euros as the ruble tumbles to records amid central bank efforts to maintain control over the pace of ... Read More
italy

Italy on Sale to Chinese Investors as Recession Bites

13/10/2014(0)
Clotilde Narzisi and Luca Soliman have run the Caffe Orefici, 200 feet from Milan’s iconic Duomo Cathedral, for 10 years. Forced to sell their business because of high taxes, ... Read More
cape-town-south-africa

Emerging markets enter slow growth era

13/10/2014(0)
Growth in emerging markets is slowing to its lowest ebb since the aftermath of the financial crisis due to a combination of China’s fading dynamism, a sputtering performance in ... Read More
eu us

Concerns rise over US-EU trade talks

13/10/2014(0)
There are rising concerns in Europe over negotiations to liberalise trade with the United States. The project, the Trans-Atlantic Trade and Investment Partnership, or TTIP, aims to remove a ... Read More
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