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Updated: 32 min 25 sec ago
Jeffrey Goldfarb and Antony Currie discuss how the bank run by James Gorman generated its best return on equity in years and the tantalizing prospect of it beating its cost of capital.
European shares are dented by the latest round of sanctions on Russia, which are targeting oil producer Rosneft and other energy, financial and defence firms. How deeply will the impact be felt by Russia - and will the EU follow with its own measures? Joanna Partridge reports.
July 17 - The ECB has set out plans to publish an unprecedented trove of data on individual banks, says Vitor Constancio, Vice President of the European Central Bank.
Microsoft says it will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it trims its newly acquired Nokia phone business. Deborah Lutterbeck reports.
CEO Jim Gorman's bet on wealth management to stabilize Morgan Stanley's earnings is starting to pay off. Fred Katayama reports.
Orders nudge $100bn at the Farnborough Air Show and a new survey shows aviation chiefs are upbeat on growth prospects. Ciara Sutton asks whether, despite recent expectations, the sector may be heading for clearer skies ahead.
With Britain sweltering in a summer heatwave, things are warming up in the UK political arena, too, ahead of next year's election. And for the economy, prompting a new round of debate over how the Bank of England should respond. David Pollard reports.
Cloud computing is the way forward for cost-conscious businesses, says Germany business software-maker SAP, but at the same time detailing a smaller-than-expected operating profit in its second quarter results. Hayley Platt reports.
Leaders of the BRICS emerging market nations launch a $100 billion development bank and a currency reserve pool in their first concrete step towards reshaping the Western-dominated international financial system. Ciara Sutton reports.
July 17 - The best golfers in the world will be tested by England's second oldest links course at Hoylake. It promises to be a classic but who'll end up holding the Claret Jug on Sunday?
July 17 - Liberty Global has bought 6.4% of ITV from BSkyB. In time it could bid for the whole of the British broadcaster, says Breakingviews.
July 17 - With the property sector viewed as an economic weak spot, China house prices will be closely watched on Friday. Plus, a behind-the-scenes look at a Bank of Japan policy meeting.
July 17 - Improving external indicators, such as robust trade balances and competitive currencies, are disguising flaws that threaten Asian economies from the inside, says Breakingviews' Andy Mukherjee.
July 17 - Foreign investors might be able to buy a piece of Chinese Internet giants like Alibaba, but a murky corporate structure ensures shareholders will never be in the driver's seat. John Foley explains.
Summary: The Dow reaches new heights on Time Warner's rebuff of Twenty-First Century Fox; Yum benefits from KFC China rebound; PayPal gives eBay results a bounce; Bank of America reaches mortgage deal with AIG; Take 2 at Congress for Fed Chair Janet Yellen. Lily Jamali reports.
In the latest validation that content is king- Rupert Murdoch's Twenty-First Century Fox proposed takeover of Time Warner goes after premium content and the billions of viewers that come with it. Bobbi Rebell reports.
Kate Kelly joins Rob Cox to discuss her new book, “The Secret Club That Runs the World,” and the elite group of traders who control the commodities industry.
After rejecting 21st Century Fox's $80 billion offer, Time Warner says it wants to go it alone. But Wedbush Securities James Dix says to stay in control, it might team up with others - like CBS.
Antony Currie and Robert Cyran explain that Murdoch may have to surrender one of his cherished possessions if he wants to buy Time Warner: his super-voting stock in Twenty-First Century Fox.
Portugal Telecom has become the latest firm to be caught up in the troubles surrounding Portugal's biggest listed bank Banco Espirito Santo, forcing it to revise a merger with Brazil's Oi. As Portuguese assets have had a bumpy ride in recent days. Joanna Partridge asks if investors should be bracing for the start of mini-crises in the periphery?