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Updated: 23 min 59 sec ago

Stocks fall on fine print from Yellen

Wed, 16/07/2014 - 00:49
Federal Reserve Chair Janet Yellen's Senate testimony was overshadowed by a Fed report warning of stretched valuations in sectors like small cap social media and biotech. Bobbi Rebell reports.
Categories: Financial Media

Intel beats, Yahoo misses, Fed unfriends social media

Wed, 16/07/2014 - 00:32
Summary: Stocks were most lower after a Federal Reserve warning on small cap social media and biotech stocks; Intel tops raised expectations; Yahoo results hurt by falling ad rates; Oil below $100. Conway G. Gittens reports.
Categories: Financial Media

Breakingviews: Goldman, JPMorgan shine dimly

Tue, 15/07/2014 - 19:15
Reynolds Holding and Antony Currie explain how good results in underwriting and other businesses in the two banks' second-quarter earnings are not enough to take returns beyond the mediocre.
Categories: Financial Media

UK regulators cap pay-day lenders

Tue, 15/07/2014 - 18:56
Britain's financial regulators plan to cap the sky-high interest rates charged by so-called payday lenders for short-term loans. Critics have argued the industry's practices exploit those struggling to make ends meet. Hayley Platt listens to both sides of the argument.
Categories: Financial Media

UK seeks place in space race

Tue, 15/07/2014 - 18:39
The UK government's unveiled ambitious plans to build a spaceport in Britain by 2018, although it hasn't yet been decided where. Several sites are being looked at, including some in Scotland, which is due to hold a referendum on independence in September. Joanna Partridge reports
Categories: Financial Media

Fed's Yellen says U.S. recovery incomplete, defends loose policy

Tue, 15/07/2014 - 17:54
Federal Reserve Chair Janet Yellen says U.S. economic recovery remains incomplete, with a still-ailing job market and stagnant wages justifying loose monetary policy for foreseeable future. Rough Cut (no reporter narration).
Categories: Financial Media

Juncker at EU helm - rough seas ahead?

Tue, 15/07/2014 - 17:53
Jean-Claude Juncker outlines a 300 billion euro programme of incentives for member states to make ambitious economic reforms, ahead of a vote confirming his appointment. As markets once again fret over the progress of the EU recovery, Juncker has major challenges in store as the next president of the European Commission. Ciara Sutton reports.
Categories: Financial Media

Weak trading hits JPMorgan, Goldman profits

Tue, 15/07/2014 - 17:40
Lackluster fixed income trading bit into the profits of JPMorgan Chase and Goldman Sachs but not by as much as feared. Fred Katayama reports.
Categories: Financial Media

Long 'to do' list for Russian World Cup

Tue, 15/07/2014 - 17:07
The World Cup circus moves on ... Even as Germany celebrates its triumph, the focus swings to preparations for 2018 in Russia - and whether President Putin can succeed in showcasing his country against a backdrop of concerns over cronyism, cost overruns and human rights. David Pollard reports.
Categories: Financial Media

Farnborough: AirAsia flies into unfriendly skies

Tue, 15/07/2014 - 16:30
July 15 - Japan and India are proving the toughest markets to crack for booming budget airline AirAsia. We talk to CEO Tony Fernandes at the Farnborough Air Show.
Categories: Financial Media

Atlantic City's Trump Plaza Hotel to close

Tue, 15/07/2014 - 16:30
Roughly 1,000 employees pink slipped at Atlantic City's Trump Plaza Casino in anticipation of September closure. Linda So reports.
Categories: Financial Media

Breakingviews: BES will lure the bulls

Tue, 15/07/2014 - 11:50
July 15 - BES stock has fallen sharply again. Banco Espirito Santo probably still has a sliver of equity which suggests opportunity for a private-sector saviour, says Breakingviews.
Categories: Financial Media

Airbus confident it will land Delta order of A330neos: COO

Tue, 15/07/2014 - 10:25
Airbus COO John Leahy’s personal goal is to sell 100 A330neos this week at the Farnborough International Air Show and has a total sales goal of over 1,000 of the revamped aircraft with a chunk of the demand still coming from developing markets such as Asia and Latin America.
Categories: Financial Media

China's COSCO ready to up bet on Greece

Tue, 15/07/2014 - 10:16
July 15 - State-owned shipping giant COSCO aims to build a gateway to Chinese investment in Europe through Greece's biggest port. Jane Lanhee Lee finds out why it's prepared to boost its stake in the project.
Categories: Financial Media

Farnborough: Embraer takes on the big boys

Tue, 15/07/2014 - 10:00
July 15 - Brazil might just be better at building airliners than playing football. We talk to President and CEO of Embraer Commercial Aviation Paulo Cesar Silva.
Categories: Financial Media

Asia Day Ahead: Aussie iron ore and China GDP

Tue, 15/07/2014 - 09:50
July 15 - Will slumping iron ore prices cut into Rio Tinto’s production plans? Maybe not. But for the miner and many others, much still depends on China’s growth, which likely held steady in the second quarter.
Categories: Financial Media

Farnborough: Why Qatar's CEO scares Airbus, Boeing

Tue, 15/07/2014 - 09:30
July 15 - Qatar Airways chief Akbar Al Baker is one of the biggest customers for Airbus and Boeing - and one of their most outspoken critics. Julian Satterthwaite talks to him at the Farnborough Air Show.
Categories: Financial Media

Breakingviews: Why India policy is poised for real change

Tue, 15/07/2014 - 06:59
Pledges from India's finance minister on boosting the corporate bond market and inflation-targeting policy may sound awfully familiar, but Breakingviews’ Andy Mukherjee sees grounds for optimism.
Categories: Financial Media

M&A Monday means a good day for stocks.

Tue, 15/07/2014 - 00:01
A wave of mergers and deals, along with better-than-expected Citigroup results, help to lift stocks. Bobbi Rebell reports.
Categories: Financial Media

Citigroup settles $7 billion mortgage probe

Mon, 14/07/2014 - 22:05
Citigroup and the Department of Justice agree to put the bank's bad behavior on mortgage securities behind them with a $7 billion settlement. Conway G. Gittens reports.
Categories: Financial Media