Credit Agricole confirms regional bank plan to boost capital
PARIS (Reuters) - Credit Agricole SA on Tuesday confirmed a report that it was looking at the possibility of selling stakes in over three dozen regional banks, saying it would bolster its capital and...
View ArticleThis trading firm made £20 million from the craziness in the markets
IG Group, the online brokerage and trading platform, dropped its half year results on Tuesday morning, and it has had a bumper start to 2016, thanks to the ongoing craziness in the global markets right...
View ArticleUK inflation just hit an 11-month high — but it's still only at 0.2%
UK inflation came in at 0.2% for December, according to official figures released on Tuesday.The Office for National Statistics says the consumer price index — the key measure of inflation — increased...
View ArticleIMF cuts global growth forecast as China, falling oil prices weigh
By David LawderWASHINGTON (Reuters) - The International Monetary Fund cut its global growth forecasts for the third time in less than a year on Tuesday, citing a sharp slowdown in China trade and weak...
View ArticleRenault plans engine software patch to cut diesel emissions
PARIS (Reuters) - French carmaker Renault will announce measures in March to reduce real-world emissions of nitrogen oxide (NOx) pollutants from its latest diesel vehicles, Chief Competitive Officer...
View ArticleOcado is popping after rumours that Amazon is ready to make a takeover offer
Ocado's shares are popping, after rumours that Amazon is preparing a takeover bid for the online grocery retailer.According to the Daily Mail's Market Report, rumours abound in the City of London that...
View ArticleA prominent developer who claims bitcoin has 'failed' denies he's part of a...
A high-profile developer made waves last week with the explosive claim that bitcoin has "failed."Mike Hearn, who has worked around the digital currency for five years, announced he was leaving the...
View ArticleThe £85 billion company behind Ben & Jerry's neatly explained why low oil...
Unilever, the consumer-goods giant whose products include Ben & Jerry's ice cream and Dove soap, has pithily explained why rock-bottom oil prices are bad for global growth.Oil prices have crashed...
View ArticleMorgan Stanley beats (MS)
Morgan Stanley reported earnings that beat on the top and bottom lines.The firm reported diluted earnings per share of $0.39 on revenue of $7.74 billion.Analysts were expecting adjusted earnings per...
View ArticleU.S. companies likely to take further big hits from Venezuela economic turmoil
By Tim McLaughlinBOSTON (Reuters) - A slew of major U.S. corporations are likely to announce in the next few weeks whether they will take big writedowns for their troubled Venezuela operations, and...
View ArticleDon't let 'jerks' ruin your day — here's how to overcome their bad energy at...
Everyone's got to work with jerks. One jerk can effect the performance of everyone in their company. Here's some tips to deal with your office jerk. Produced by Joe AvellaFollow BI Video: On...
View ArticleBank of America beats
(Reuters) - Bank of America Corp reported a 9.8 percent rise in profit for the final quarter of the year, helped by lower expenses.BofA, the No. 2 U.S. bank by assets, said its net income attributable...
View ArticleMorgan Stanley posts fourth-quarter profit
(Reuters) - Morgan Stanley reported a fourth-quarter profit, compared with a year-earlier loss, as its legal costs plunged and compensation expenses fell.The Wall Street bank reported earnings of $753...
View ArticleIMF: Markets are 'over-reacting'
The International Monetary Fund cut its global growth forecasts for the third time in less than a year on Tuesday, but its chief economist says markets are "over-reacting" to the world's economic...
View ArticleHere's a super quick guide to what traders are talking about right now (DIA,...
Via Dave Lutz at JonesTrading, here's a quick guide to what traders are talking about before the first day of trading this week. Good Morning! US markets bouncing from their August/September lows –...
View Article10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, MS, BAC)
Here is what you need to know before US markets open after a long weekend.China is growing at its slowest pace since 2009. The Chinese economy grew at an annualized rate of 6.8% for the December...
View ArticleDelta Air misses fourth-quarter expectations, sees unit revenue decline
(Reuters) - Delta Air Lines Inc on Tuesday reported fourth-quarter profit slightly below analysts' expectations and forecast that passenger unit revenue will continue to decline in early 2016 amid...
View ArticleStock futures up as weak China GDP raises stimulus hopes
By Abhiram Nandakumar(Reuters) - U.S. stock index futures were higher on Tuesday after China's slowest annual growth rate in 25 years raised hopes of further stimulus measures from Beijing.* China's...
View ArticleFutures are surging (SPY, DJI, IXIC, USO, OIL, VDE, BNO, CNY, BAC, JPM, NFLX)
US stock futures are firmly higher as we await the market open after the long weekend. Near 7:30 a.m. ET, the three big indexes were up about 1.7%, with Dow futures gaining about 270 points...
View ArticleReport: GM is buying failed ride-hail service Sidecar and starting its own...
General Motors is spending an undisclosed amount about to buy up what's left of failed ride-hailing and delivery service Sidecar, which shut down last year."The automaker has acquired the technology...
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