Markets / Finance
China’s Interest-Rate Cut Likely To Pinch Bank Profitability
November 22 2014 1:51 PM
China’s midsize banks are already suffering from higher rates of bad loans and a slowdown in profit growth.
Indian Watchdog Says Cement Giants' Merger Would Hurt Competition
November 22 2014 6:16 AM
The Competition Commission of India has put the merger deal between Lafarge and Holcim up for public scrutiny.
NY Financial Regulators Grilled By Senate Committee
November 21 2014 3:51 PM
“It’s past time that the Federal Reserve shows -- with actions, not words -- that it will protect consumers rather than Wall Street.”
Drop In Gas Prices Could Spur Black Friday Spending
November 21 2014 1:46 PM
Black Friday officially kicks off the holiday shopping season next week and economists predict a boost in spending due to a drop in gas prices.
Dow Soars After China Cuts Rates
November 21 2014 10:57 AM
The Dow soared over 160 points Friday after China announced a surprise rate cut and Europe stepped up stimulus measures.
China Surprises With Interest Rate Cut To Spur Growth
November 21 2014 7:31 AM
A few weeks ago, Chinese President Xi Jinping had assured global business leaders that the risks faced by China's economy were "not so scary."
Draghi Throws Door To QE Wide Open As Recovery Wanes
November 21 2014 5:29 AM
Draghi said there was now no sign of economic improvement in the months ahead.
Rolls-Royce Wins $5B Order From Delta
November 21 2014 4:06 AM
The engines ordered are the Trent XWB engines to power 25 Airbus A350s, and Trent 7000 engines to power 25 Airbus A330neo aircraft.
UK Drops Challenge To EU Cap On Bankers' Bonuses
November 21 2014 2:16 AM
The EU cap on bankers' bonuses is designed to reduce risk-taking, and British authorities decided that a challenge was "unlikely to succeed."
India's Kotak Bank Buys ING Vysya In Record $2.4B Share Deal
November 20 2014 11:56 PM
India has 40 publicly traded banks, 24 of them majority owned by the government.
Gap Reports 11% Q3 Earnings Growth
November 20 2014 4:34 PM
The clothing and accessories retailer is expanding across China and the Middle East.
Average Price For Turkey Dinner Up Slightly In 2014
November 20 2014 12:00 PM
The average cost of feeding 10 people for Thanksgiving has risen slightly from last year.
Inflation Unchanged In October As Gas Prices Fall
November 20 2014 11:43 AM
A key gauge the Fed uses to measure inflation remained unchanged in October, as gasoline fell for the fourth month in a row.
Best Buy's Q3 Earnings Far Exceed Expectations
November 20 2014 9:52 AM
The electronics retailer reported an increase in sales, surprising analysts who predicted a drop.
UK Challenge To EU Cap On Bankers' Bonuses Dealt Huge Blow
November 20 2014 6:28 AM
Today's ruling is not legally binding, but the court, which will make the final decision, follows such rulings a majority of the time.
Global Shares Hurt By China, Europe Slowdown
November 20 2014 6:15 AM
Data showed factory output contracted in the world's second-biggest economy for the first time in six months.
RBS Fined $88M For 2012 IT System Crash
November 20 2014 6:05 AM
The regulator said it had handed out the fine for "inadequate systems and controls" at the bank.
Fed Downplayed Global Woes In October
November 20 2014 1:14 AM
Major central banks throughout the world are facing a similar dilemma over inflation.
Delta Gives Airbus $13B Order
November 19 2014 9:43 PM
A hotly contested race for a big airplane order ends in victory for Europe over the U.S.
SEC's New Rules Meant To Prevent Market Glitches
November 19 2014 4:49 PM
The new rules will be rolled out over the next year.