Market

China

IMF: China should set slower but safer growth

31/07/2014(0)
China should set an economic growth target of 6.5-7 percent for 2015 and refrain from stimulus measures unless the economy threatens to slow sharply from that level, the International ... Read More
shell

Royal Dutch Shell sees ‘robust’ profits rise

31/07/2014(0)
Oil giant Royal Dutch Shell has described its performance as “robust” after its second-quarter profits more than doubled. Shell said profits for the period rose to $5.15bn (£3bn) from ... Read More
banco espirito santo

Banco Espírito Santo reports a loss of €3.6 Billion

31/07/2014(0)
Banco Espírito Santo on Wednesday reported a first-half loss of €3.58 billion (or $4.8 billion), the largest ever for a Portuguese institution, wiping out the bank’s €2.1 billion capital ... Read More
BNP Paribas is pictured on the building of the bank in Geneva

New York Governor involved in BNP deal to get $1 billion more for NY state fund

31/07/2014(0)
Only days before U.S. authorities reached a landmark $8.97 billion settlement with BNP Paribas over the bank’s dealings with countries subject to U.S. sanctions, New York Governor Andrew Cuomo ... Read More
putin-pic

Russians worry over the growing sanctions from the West

31/07/2014(0)
Russia confronts the biggest sanctions from the West since the Ukrainian crisis erupted and has therefore adopted a nonchalant public stance, with President Vladimir V. Putin emphasizing the importance ... Read More
Argentinaflag

Argentina’s credit rating follows further cuts

31/07/2014(0)
Standard & Poor’s on Wednesday cut its credit rating on Argentina’s foreign-currency sovereign debt to “selective default” even as talks between officials from Latin America’s No. 3 economy and ... Read More
Legal firm Hogan Lovells representative Nina LeClair talks to U.S. military veteran applicant Jacob Wilkens at a hiring fair for veteran job seekers and military spouses at the Verizon Center in Washington

U.S. economy advances in second quarter

30/07/2014(0)
U.S. economic growth likely regained steam in the second quarter as activity picked up broadly, which would bolster expectations for a stronger performance in the last six months of ... Read More
barclays

Barclays gains Profit But Investment Banking Revenue declines

30/07/2014(0)
Barclays said on Wednesday that it had swung to a profit in the second quarter, but that it was hurt by lower revenue in its investment banking unit and ... Read More
Amazon

Amazon to invest $2 billion more in India

30/07/2014(0)
Amazon.com Inc (AMZN.O)  announced that is planning to invest a further $2 billion in India just a day after the country’s largest e-tailer Flipkart attracted $1 billion of fresh ... Read More
AstraZeneca

AstraZeneca invests in Almirall lung drugs up to $2.1 billion

30/07/2014(0)
AstraZeneca (AZN.L) took a major step to build up its respiratory medicine business on Wednesday by striking a deal worth up to $2.1 billion for the rights to Spanish ... Read More
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