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Zoopla is investing in the hot area of tech we told you about — PropTech
Property listings portal Zoopla is investing in four startups in the so-called "PropTech" space — property technology.Zoopla says in a statement released on Tuesday that it is investing an undisclosed...
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UK inflation is at its highest in more than a year – but it's still just 0.3%
UK inflation came in at 0.3% for January, according to official figures released on Tuesday.The Office for National Statistics says the consumer price index — the key measure of inflation — increased...
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Saudis, Russia agree oil output freeze, talks with Iran to follow
By Rania El GamalDOHA (Reuters) - Top global oil exporters including Russia and Saudi Arabia agreed on Tuesday to freeze output to tackle a global glut but said the deal was contingent on other...
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Daimler Trucks to cut 1,250 jobs in North America
FRANKFURT (Reuters) - Daimler Trucks said on Tuesday it would cut 1,250 jobs in North America in response to sliding demand.At the Daimler plant in Cleveland, North Carolina, 550 positions will be cut,...
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Banks are hiring former CIA agents to spy on their employees
Some of the world's biggest banks are hiring former spies to try and prevent the rise of any more so-called "rogue traders" and generally ensure that banks are put on the hook for fewer fines.According...
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Vodafone ties up with Liberty in Dutch deal to take on KPN
By Toby Sterling and Paul SandleAMSTERDAM/LONDON (Reuters) - Mobile telecoms network operator Vodafone and cable company Liberty Global have agreed to combine their Dutch operations to create a...
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'Some super bears are now expecting an imminent collapse of China's banking...
China's banking sector is now so big that if it lost only of 10% of its outstanding loans to defaults, that would be the equivalent of wiping out about 30% of China's annual gross domestic product,...
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Apollo Global to buy security services provider ADT Corp
(Reuters) - Electronic security services provider ADT Corp said it had agreed to be acquired by funds affiliated with private equity firm Apollo Global Management LLC for $7 billion.ADT shares rose 45...
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10 things you need to know before the opening bell (spy, spx, qqq, dia)
Here is what you need to know.A secret meeting has produced an agreement to freeze oil production. According to the Financial Times, a secret meeting between Saudi Arabia and Russia has led to the two...
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A top SocGen exec is joining a startup working with the technology behind...
Wall Street-headquartered blockchain company itBit is opening a London office to spearhead expansion to Europe, the Middle East, and Africa.itBit's new London office, its first outside the US, will be...
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Here's a super quick guide to what traders are talking about right now (SPY,...
From Dave Lutz at JonesTrading, here's a quick guide to what traders are talking about on Tuesday morning:Good Morning! Us Futures are up 1.3% from Friday's close and continuing to follow the Oil...
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Blockchain startup itBit is opening a London office — here's what its CEO...
New York-headquartered blockchain startup itBit on Tuesday announced it is opening a new London office to spearhead expansion in Europe, the Middle East, and Africa.We felt that was a good excuse to...
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Futures rise as oil prices stabilize
By Tanya Agrawal(Reuters) - U.S. stock index futures were higher on Tuesday as Brent crude oil prices hit a 12-day high after four of the world's largest producers agreed to freeze output.* Oil prices,...
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Meet the quant hedge fund manager who's killing it this year
Quant hedge fund manager Roy Niederhoffer, the founder of New York-based R.G. Niederhoffer Capital Management, is off to a tremendous start in 2016. The $731 million Niederhoffer Diversified Offshore...
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Medical device maker Stryker to buy Physio-Control for $1.28 bln
(Reuters) - Medical device maker Stryker Corp said it would buy Physio-Control International Inc for $1.28 billion in cash to expand its emergency medical services business.Physio-Control is a unit of...
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Amazon acquires Indian payments processor Emvantage
MUMBAI (Reuters) - Amazon.com Inc said it has acquired Indian payments processor Emvantage Payments Pvt Ltd for an undisclosed sum.Emvantage's employees will join Amazon's India unit that will use the...
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Anglo American shares are diving after the company released a catastrophic...
Shares in Anglo American — the enormous commodities firm, and the world's biggest miner of platinum — are tanking on Tuesday afternoon after the company released a predictably awful set of results this...
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Here comes Empire State manufacturing ... (USD)
We're standing by for the latest reading on manufacturing activity in New York state at 8:30 a.m. ET.Economists estimate that the Empire State manufacturing index will be -10.50, according to...
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Yahoo Finance will live-stream Warren Buffett's epic annual meeting this year...
It's official: Yahoo Finance will live-stream Warren Buffett's epic Berkshire Hathaway annual meeting. On April 30, Yahoo will stream the famous Q&A Buffett and Berkshire's vice chairman Charlie...
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The number of people claiming benefits in the UK just dropped to its lowest...
The number of people claiming benefits in the UK has fallen to its lowest level since 1975, according to employment figures released by the Office for National Statistics.Just 760,000 people claimed...
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