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
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
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
British workers’ earnings grew at the slowest rate on record in the three months to May, one gauge showed, even as unemployment fell further, giving the Bank of England ... Read More
BlackRock Inc (BLK.N), the world’s largest money manager, reported an 11 percent jump in second-quarter profit on Wednesday, boosted by strong markets that helped drive flows into its products ... Read More
Bank of China Ltd. is hiring traders and sales people in Hong Kong as it sets up a high-yield bond-trading platform to boost market share and cement its position ... Read More
When Ahmad Zuaiter started a frontier-markets hedge fund, the former Soros Fund Management LLC money manager chose Dubai over New York and London. Zuaiter’s Jadara Capital Partners LP and ... Read More
At a meeting in Brazil, the leaders of Brazil, Russia, India, China and South Africa announced on Tuesday that they were establishing a development bank to challenge the influence ... Read More
China’s economy, the second largest worldwide after the USA, achieved better than expected growth in the second quarter of 2014, according to official figures released Wednesday that showed government ... Read More
Apple is moving up to business class. And its seatmate will be IBM. In a deal that could deepen Apple’s sales to corporations and strengthen IBM’s position in business ... Read More
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