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The great interest rate rip off part 10


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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Wild week for markets set to end quietly | btn_rel_video.gif

 

FXpert 8:03pm BST

 

Carmakers scramble to adapt to slowing Chinese demand

 

6:58pm BST

 

Autos lift U.S. consumer spending; sentiment slips | btn_rel_video.gif

 

6:49pm BST

 

Google rejects 'unfounded' EU antitrust charges of market abuse | btn_rel_video.gif

 

6:44pm BST

 

Britain's economic growth accelerates in second quarter, helped by trade

 

UK 6:29pm BST

 

Ashley Madison parent CEO quits after huge infidelity data hack

 

6:21pm BST

 

Fed hawks acknowledge market turmoil may delay rate hike

 

5:46pm BST

 

Payments glitch at HSBC leaves thousands of Britons without wages

 

UK 5:41pm BST

 

U.S. crude up 6 percent in second day of short-covering frenzy

 

FXpert, Yemen, Middle East 5:40pm BST

 

Trend-driven funds profit on oil’s slippery path

 

FXpert, Middle East 5:40pm BST

 

Brazil economy sinks into worse-than-expected recession

 

5:36pm BST

 

Moody's cuts 2016 global growth forecasts

 

5:30pm BST

 

FTSE posts biggest monthly decline since 2012

 

FXpert 5:20pm BST

 

Europe can handle future crises without IMF - bailout fund chief

 

5:11pm BST

 

Facebook must obey German law even if free speech curtailed - minister

 

4:58pm BST

 

Investors pull record $29.5 billion from equity funds in China-driven rout - BAML

 

4:48pm BST

 

Think-tank WEF calls for rethink of anti money-laundering rules

 

4:26pm BST

 

Inflation impact of Fed rate hike a bigger issue outside U.S., study finds

 

4:06pm BST

 

China fears linger as focus on Fed sharpens

 

3:46pm BST

 

Investors still in the dark as cyber threat grows

 

2:35pm BST

 

Global funds buy more bonds as China-fuelled volatility surges - Reuters poll

 

Japan 2:25pm BST

 

U.S. funds cut recommended global equity exposure again - Reuters poll

 

2:24pm BST

 

European funds buy bonds, keep cash levels high given equity volatility - Reuters poll

 

2:09pm BST

 

UK investors buy more stocks, cut bond holdings - Reuters poll

 

2:07pm BST

 

Ultra-low German inflation keeps pressure on ECB

 

2:02pm BST

 

Exclusive - Arab OPEC producers brace for oil-price weakness for rest of 2015

 

1:59pm BST

 

Emboldened by $5.2 billion Brazil deal, HSBC drags feet in Turkey - sources

 

Middle East 1:17pm BST

 

Despite record surplus, Germany ignores calls to spend more

 

12:58pm BST

 

Carlyle in talks on 500 million pound takeover of Innovation Group

 

11:56am BST

 

Booming Irish retail sales adds to string of strong data

 

11:38am BST

 

Euro zone sentiment edges to new four-year high in August

 

11:21am BST

 

888 and GVC head into final battle for Bwin

 

11:08am BST

 

China stocks rise sharply on signs of fresh government support | btn_rel_video.gif

 

11:05am BST

 

Japan inflation stalls and spending slides, keeps policymakers under pressure | btn_rel_video.gif

 

Japan 11:04am BST

 

Prosecutor seeks to summon Murdoch in Deutsche Bank trial

 

11:01am BST

 

Bank of China says faces margin pressure in second half from rate liberalisation

 

10:51am BST

 

Huawei brings online smartphone brand Honor to Europe

 

10:49am BST

 

SCA could sell unified forests and forest products unit

 

10:48am BST

 

French payments firm Ingenico submits WorldPay bid - sources

 

10:32am BST

 

RWE Innogy near 1.3 billion-pound UK Galloper wind park deal

 

10:28am BST

 

German HSH Nordbank sees deal with EU taking longer

 

10:05am BST

 

Spanish retail sales power ahead in July

 

Spain 9:00am BST

 

Swiss economy posts surprise growth, skirting recession

 

8:56am BST

 

Factbox - Timeline of China's attempts to prevent stock market meltdown

 

8:44am BST

 

VW Finance sees boost from China reserves policy move

 

8:42am BST

 

SK Holdings to buy 482 million pound worth of its own shares

 

8:26am BST

 

UTV Media's Irish TV unit reports turnover below expectations

 

8:03am BST

 

Spain August flash harmonised CPI -0.5 percent year-on-year versus 0 percent in July

 

8:02am BST

 

French producer prices fall 1.6 percent Year-on-Year in July

 

7:48am BST

 

Hermes first-half operating income rises 20 percent

 

Japan 7:47am BST

 

Jimmy Choo first-half underlying sales rise 3.3 percent

 

7:35am BST

 

Japan's July factory output seen rising at slower pace on weak demand

 

Japan 7:33am BST

 

Insight - U.S. retailers prod China for lower prices after devaluation

 

7:30am BST

 

Exclusive - China aluminium shake-up planned in state reform push

 

Nuclear Power 7:29am BST

 

Insight - Days numbered for barcodes as shoppers demand more data

 

7:27am BST

 

China's market turmoil should speed up service sector opening - U.S. lobby

 

6:35am BST

 

China local govt pension funds to start investing $313 bln 'soon'

 

6:31am BST

 

Falling prices drag on China July industrial profits

 

6:22am BST

 

Silk Road no stairway to heaven for China's machinery makers

 

6:06am BST

 

Factbox - For commodity trading advisors, oil's downtrend has been a friend

 

FXpert 5:03am BST

 

Japan fund managers trim stock holdings, raise bonds in August - poll

 

Japan 5:01am BST

 

British service sector growth surges in August - CBI

 

4:24am BST

 

ExxonMobil, BHP to spend 188 million pounds to replace Australian pipeline

 

1:56am BST

 

Inmarsat says new broadband network offers bright sales prospects

 

1:30am BST

 

Markets rebound from China slump, strong U.S. data helps | btn_rel_video.gif

 

FXpert 12:11am BST

 

Consumer confidence bounces back to 15-year high in August - GfK

 

12:09am BST

 

British service sector growth surges in August - CBI

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

U.S. OKs $3 billion upgrade of Boeing Apache helicopters for UK

 

Aerospace & Defence 27 Aug 2015

 

U.S. second-quarter GDP growth revised sharply higher to 3.7 percent | btn_rel_video.gif

 

27 Aug 2015

 

Boeing wins $1.49 billion order for 13 P-8A aircraft

 

Aerospace & Defence 27 Aug 2015

 

Oil soars over 10 percent, biggest gain in six years as shorts scramble

 

FXpert 27 Aug 2015

 

Lonmin sees full-year cash costs below guidance

 

Africa 27 Aug 2015

 

China official blames Fed for global market rout, not yuan

 

27 Aug 2015

 

South Africa's platinum industry 'extremely ill' - Lonmin CEO

 

Africa 27 Aug 2015

 

UBS to pay $1.7 million settlement over sanctions case - U.S. Treasury

 

27 Aug 2015

 

French Economy Minister pledges love, reforms, to business leaders

 

27 Aug 2015

 

China stocks jump on U.S. rally, yuan edges up | btn_rel_video.gif

 

27 Aug 2015

 

U.S. leaning against regulatory relief for three banks in Libor scandal

 

27 Aug 2015

 

Google rejects 'unfounded' EU antitrust charges of market abuse

 

27 Aug 2015

 

China official blames Fed for global market rout, not yuan

 

27 Aug 2015

 

Russian authorities burn food for BMW racing team

 

27 Aug 2015

 

Moscovici says Europe's economy robust enough to weather Chinese turmoil

 

FXpert 27 Aug 2015

 

Huawei brings online smartphone brand Honor to Europe

 

27 Aug 2015

 

FTSE rallies, U.S. data eases concerns over China

 

FXpert 27 Aug 2015

 

One in 65 adults in Britain is now a millionaire - study

 

UK, 27 Aug 2015

 

Ukraine reaches 'win-win' deal with creditors on $18 billion debt

 

World 27 Aug 2015

 

ECB faces inflation headache even as lending bounces | btn_rel_video.gif

 

27 Aug 2015

 

Russian finance minister says will demand full debt repayment from Ukraine - state TV

 

World 27 Aug 2015

 

Marchionne ready to take over as Ferrari CEO before IPO - sources

 

27 Aug 2015

 

Oil services firms beat expectations, tough times loom

 

27 Aug 2015

 

Morningstar cautions on size of Standard Life's 44 billion pounds GARS fund

 

UK 27 Aug 2015

 

Syngenta management faces pressure to appease investors

 

27 Aug 2015

 

First BoE rate hike to come in early 2016, but conviction wavering - Reuters poll

 

27 Aug 2015

 

Aldermore doubles profit as lending grows

 

27 Aug 2015

 

Iran to offer South Pars oil project at London conference

 

27 Aug 2015

 

China to increase 'targeted' policy adjustments - Xinhua

 

27 Aug 2015

 

China eases housing investment rules for foreigners

 

27 Aug 2015

 

Apple fast closing in on wearable device maker Fitbit - IDC

 

27 Aug 2015

 

Analysis - 'Bad bank' path worn by Ireland and Spain looks steep for Greece | btn_rel_video.gif

 

27 Aug 2015

 

ESM's Regling says Greek debt relief possible, but no haircut

 

27 Aug 2015

 

'Black swan' hedge fund Qbasis cashes in on market ructions

 

27 Aug 2015

 

Europe at risk of weak growth, repeated crises - ECB's Coeure

 

27 Aug 2015

 

Singapore developer teams up with Man Utd 'Class of 92'

 

27 Aug 2015

 

Playtech mulls deals in online gambling, trading businesses

 

Middle East 27 Aug 2015

 

Exporters run for high ground as China growth story unravels

 

FXpert 27 Aug 2015

 

Liberty Global CEO - no timeframe on talks with Vodafone

 

27 Aug 2015

 

Ukraine won't give Russia better debt deal than other creditors - PM

 

World 27 Aug 2015

 

Kremlin pivot to China slowed as projects delayed

 

27 Aug 2015

 

ESM's Regling says threat of Grexit is still there

 

27 Aug 2015

 

CRH completes deal push with 839 million pounds purchase of U.S. glass firm

 

27 Aug 2015

 

RTL regains German market share, eyes digital M&A

 

27 Aug 2015

 

China's yuan ends firmer on suspected intervention, stock rally

 

27 Aug 2015

 

French business morale at four-year high, but investment missing

 

27 Aug 2015

 

UK annual house price growth lowest since mid-2013 - Nationwide

 

UK 27 Aug 2015

 

Foresight fund completes purchase of UK solar farm

 

27 Aug 2015

 

China bank BoCom's first half profit up 1.5 percent, bad debts grow

 

27 Aug 2015

 

Diamond's Atlas Mara on lookout for more deals after swing to profit

 

Africa 27 Aug 2015

 

China's slowing auto market to put further pressure on oil

 

27 Aug 2015

 

Recruiter Hays on track for 2018 target after profit jump

 

27 Aug 2015

 

China's richest man says time for government to abandon high growth rate 'fantasy'

 

27 Aug 2015

 

China's Wanda buys Ironman Triathlon owner for 419 million pounds

 

27 Aug 2015

 

Daimler says would welcome new Chinese long-term investor

 

27 Aug 2015

 

Consumption drives Spain's economy to 1.0 percent growth in second quarter

 

Spain 27 Aug 2015

 

Deutsche Annington CEO tempers takeover talk - Handelsblatt

 

27 Aug 2015

 

Fresenius to raise div as it reaches 2017 target early

 

27 Aug 2015

 

China stocks buoyed by U.S. rally, yuan edges up | btn_rel_video.gif

 

27 Aug 2015

 

Adidas CEO sees no crisis in China - paper

 

27 Aug 2015

 

Acer founder says open to takeover amid stock price slide

 

27 Aug 2015

 

Ukraine PM announces 'good financial news', calls special government meeting

 

27 Aug 2015

 

China media slams Western 'hype' over economic slowdown

 

27 Aug 2015

 

Spain final second quarter GDP 1.0 percent quarter-on-quarter, 3.1 percent year-on-year - INE

 

27 Aug 2015

 

Bouygues lifts profit goal for telecoms unit

 

27 Aug 2015

 

Amec Foster Wheeler's pretax profit falls on low oil prices

 

27 Aug 2015

 

Total sells North Sea gas pipelines for 585 million pounds

 

27 Aug 2015

 

Nationalized Dutch insurer ASR says solvency to decline under new rules

 

27 Aug 2015

 

Pernod full-year profit up 2 percent, China improves

 

27 Aug 2015

 

BOJ's Kuroda says China slowdown unlikely to hit Japan exports much

 

Japan 27 Aug 2015

 

China market chaos blamed on exodus of regulatory 'turtles'

 

27 Aug 2015

 

Temasek joins MBK in bid for Tesco's South Korea business - sources

 

27 Aug 2015

 

Nippon Life in talks to buy NAB's insurance unit - Yomiuri newspaper

 

Australia 27 Aug 2015

 

China stocks rise early as Wall Street gains calm global contagion fears

 

27 Aug 2015

 

Exchanges, Barclays win dismissal of U.S. high-frequency trading case

 

27 Aug 2015

 

Monsanto, rivals eye next step after Syngenta deal collapse

 

27 Aug 2015

 

Sainsbury's boosts pay on shop floor

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Steady Financial Advice, With Friendship as a Bonus

 

By RON LIEBER

 

It is rare to meet actual orphans with stock portfolios, let alone ones who have hung on to investments for nearly 50 years.

29money-web-sfSpan.jpg

Taylor Glascock for The New York Times

 

Barnaby Dinges, left, and Sanford Kovitz at Kovitz Investment Group in Chicago. Mr. Kovitz has advised Mr. Dinges since he was 9.

 

 

 

 

 

 

 

 

29nsa-web-thumbStandard.jpg

N.S.A. Phone Data Collection Backed by Appeals Court

 

By JAMES RISEN 12:41 PM ET

 

The ruling allows the agency to continue it so-called bulk phone records program, though in November it is to come to an end under a new law.

 

28cnbc-fischer-thumbStandard.png

Fed Official Fischer Leaves Door Open for September Rate Increase

 

By BINYAMIN APPELBAUM 12:31 PM ET

 

Stock market volatility could cause the Fed to hesitate, the central bank’s vice chairman said in a CNBC interview, but only if it persisted.

 

Wall St. Slips Lower After a Wild Week

 

By THE ASSOCIATED PRESS 11:57 AM ET

 

While market turmoil had thrown into doubt expectations of a Fed rate increase in September, the vice chairman’s comments left that possibility open.

 

 

28eupublishers-web1-thumbStandard.jpg

European Publishers Play Lobbying Role Against Google

 

By MARK SCOTT and NICOLA CLARK

 

An alliance of newspaper and magazine publishers has taken an increasingly active role in fighting the growing dominance of the tech giant.

 

 

China Investigates Top Executives of Communist Paper’s Website

 

By CHRIS BUCKLEY

 

The announcement did not detail the accusations against the two employees of People’s Daily’s online operation.

 

zombies-slide-SWFF-thumbStandard.jpg

Zombie Factories Stalk the Sputtering Chinese Economy

 

By MICHAEL SCHUMAN

 

The government is keeping failing factories on life support in an effort to maintain social stability, but the policy may hinder a return to healthy growth.

 

29ashley-web-thumbStandard.jpg

Ashley Madison Chief Steps Down After Data Breach

 

By NICOLE PERLROTH 14 minutes ago

 

The change came after hackers stole the online dating service’s data and released personal information related to more than 30 million accounts.

 

29applemusic-web-thumbStandard.jpg

Ian Rogers, Apple Music Executive, Is Leaving Company

 

By BEN SISARIO 11:39 AM ET

 

Mr. Rogers’s departure comes as a surprise; the music streaming service he led began only two months ago.

 

28DB-CARLYLE-thumbStandard.jpg

Carlyle Finds Hedge Funds Hazardous as Its Private Equity Business Dominates

 

By ALEXANDRA STEVENSON

 

Carlyle’s core buyout business continues to exceed Wall Street’s expectations, but its track record on hedge funds has been mixed, raising questions on its ability to diversify.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

HSBC starts processing delayed payments

 

 

 

 

HSBC says it has started processing the 275,000 payments affected by an IT glitch, and that they should be completed by Saturday.

 

 

 

Related content

 

 

 

Full article HSBC starts processing delayed payments

 

 

Live HSBC customers to receive delayed payments

 

34 minutes ago

 

Fed rate rise in September: Getting the wrong end of the stick

 

 

Full article HSBC customers to receive delayed payments

 

 

 

 

 

 

 

 

 

Ashley Madison founder steps down

 

The founder and chief executive of the Ashley Madison extra-marital affair website, Noel Biderman, steps down following data hack.

 

 

 

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Full article Ashley Madison founder steps down

 

 

 

 

 

 

 

Property sales 'down 15%' but prices up

 

The number of homes being sold in England and Wales has fallen significantly, according to figures from the Land Registry.

 

 

 

Related content

 

 

 

Full article Property sales 'down 15%' but prices up

 

Popularity of Isas 'at ten-year low'

 

 

Full article Popularity of Isas 'at ten-year low'

'Flash crash' trader hearing to proceed

 

 

Full article 'Flash crash' trader hearing to proceed

CPS considers new hacking prosecution

 

  • 1 hour ago
  • From the section UK

 

Full article CPS considers new hacking prosecution

 

 

 

Shanghai shares end wild week down 8%

 

 

Full article Shanghai shares end wild week down 8%

Second-quarter UK growth steady at 0.7%

 

  • 28 August 2015
  • From the section Business

 

Full article Second-quarter UK growth steady at 0.7%

Brazil's economy enters recession

 

 

Full article Brazil's economy enters recession

Facebook hits billion users in a day

 

 

Full article Facebook hits billion users in a day

Post Office expands Sunday openings

 

  • 28 August 2015
  • From the section Business

 

Full article Post Office expands Sunday openings

FTSE up after quieter trading day

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Fed will wait on China turmoil before hiking rates

 

USdollari_3422705d.jpg

Stanley Fishcher says full effects of Beijing's devaluation policy have yet to unfold, complicating the picture for a September rate hike

16 Comments hsbc_1015660g.jpg

HSBC hit by payments crash on payday

 

The giant bank says it is having problems with the BACS payments system, as customers wait for their pay ahead of the bank holiday weekend

 

Surge in exports boosts UK growth in second quarter

 

UKhat_2477648d.jpg

Growth confirmed at 0.7pc in the second quarter as exports and business investment rise sharply

 

 

citinov24_1119521g.jpg

Worldpay pushing bidders for higher offers

 

The private equity owners of Worldpay tell bidders they will have to work harder if they want to buy the payments firm before its stock market float

 

Jimmy Choo sales step up as luxury shoe-maker outpaces wider industry

 

choo_3031244d.jpg

 

RRR_3418403g.jpg

Central banks ride to the rescue as China intervenes to buy up stocks

 

Stock markets rally after dovish noises from the Federal Reserve and ECB over prospects of more easing in the wake of stock market turmoil

 

 

Bwin remains in play for 888 and GVC despite posting a dip in revenues

 

poker_2894603d.jpg

The battle for bwin between rivals 888 and GVC continues, despite the gaming group reporting declining sales

 

Trafalgar_square3_1840169g.jpg

Marshalls lays foundations for strong year as sales jump

 

Landscape products company Marshalls outperforms wider construction industry in first-half, fuelled by commercial demand

 

frankie_2386322g.jpg

Restaurant Group plans further expansion

 

The owner of the Frankie and Benny's and Chiquito chains plans to open more outlets over the rest of the year

Citigroup braces for world recession, calls for Corbynomics QE in China

 

World faces a $1.23 trillion foreign investment vacuum

 

The decades-old tension threatening to rip Europe apart

 

Has globalisation reached its high-water mark?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

'Massive gas discovery' off Egypt coast

 

 

 

 

Italian energy group Eni says it has found one of the world's largest natural gas fields off Egypt's coast.

 

 

 

Related content

 

 

 

Full article 'Massive gas discovery' off Egypt coast

 

 

 

 

 

 

 

 

 

 

Inquiry into restaurant tipping abuse

 

The abuse of tipping by restaurants is to be the subject of an investigation launched by Business Secretary Sajid Javid.

 

  • 1 hour ago
  • From the section UK

 

 

Related content

 

 

 

Full article Inquiry into restaurant tipping abuse

 

 

 

 

 

 

 

VW and Suzuki settle four-year dispute

 

The International Chamber of Commerce rules that VW should sell its stake in Suzuki, ending a four-year dispute between over their failed partnership.

 

 

 

 

Full article VW and Suzuki settle four-year dispute

 

China punishes 197 over stock 'rumours'

 

  • 12 minutes ago
  • From the section China

 

Full article China punishes 197 over stock 'rumours'

Rate rise on agenda despite China woes

 

  • 29 August 2015
  • From the section Business

 

Full article Rate rise on agenda despite China woes

HSBC glitch payments 'all processed'

 

  • 29 August 2015
  • From the section UK

 

Full article HSBC glitch payments 'all processed'

 

 

 

Ex-Sainsbury's boss slams Living Wage

 

  • 29 August 2015
  • From the section Business
  • 896 comments

 

Full article Ex-Sainsbury's boss slams Living Wage

Ashley Madison founder steps down

 

 

Full article Ashley Madison founder steps down

Brooks 'to return as News Corp chief'

 

  • 29 August 2015
  • From the section UK

 

Full article Brooks 'to return as News Corp chief'

Property sales 'down 15%' but prices up

 

  • 28 August 2015
  • From the section Business

 

Full article Property sales 'down 15%' but prices up

Popularity of Isas 'at ten-year low'

 

  • 28 August 2015
  • From the section Business

 

Full article Popularity of Isas 'at ten-year low'

'Flash crash' trader hearing to proceed

 

  • 28 August 2015
  • From the section Business

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Link to post
Share on other sites

John Sculley: 'Steve Jobs was misrepresented in popular culture'

 

sculley2_3422587d.jpg

Exclusive: The former Apple chief executive on Steve Jobs, the greatest current technology leaders and why Aaron Sorkin’s Jobs biopic will tell the truth about his and Jobs’ “amazing relationship”

Channel Tunnel rail link owner and insurer eye City Airport bid

 

london-city_2878263g.jpg

Borealis Infrastructure and Allianz are understood to have joined forces for a swoop on the airport, which has been valued at £2bn

 

Peppa Pig maker Entertainment One explores takeover interest

 

peppapig_2949066g.jpg

Film and television company sought interest from with Sky and Vivendi

 

Challenger banks get chance to fight for tax cut

 

70072013_George_Os_3368703d.jpg

 

China's 'Black Monday' will not derail rate rises, says Mark Carney

 

mark-carney_2655022g.jpg

The Bank of England governor claims that the UK's 'ongoing domestic strength' is a match for turbulent headwinds from the East

 

 

'Supergiant' gas field discovered in Mediterranean

 

cludiodescalzi_3423786g.jpg

Italian oil giant Eni says field off Egypt's coast holds equivalent of 5.5bn barrels of oil

 

Funds swoop to buy cheap stocks as global panic slashes values

 

stock-market-shang_3416563g.jpg

Some large deals have been made in the wake of China's 'Black Monday' market crash

 

Giving it welly: Joules’ sales soar as it nears 100th store

 

joules-2_3421545g.jpg

The rural fashion brand is flying high after the Duke and Duchess of Cambridge were papped with one of its bags

 

 

McDonald's to overhaul lunch menu and introduce pulled pork

 

McDonalds-Food_1899463d.jpg

 

 

Bwin.Party takeover battle enters final furlong

 

poker_2894603g.jpg

GVC and 888 are fighting over online gambling company Bwin and the tussle is set to climax in days

China is not the crisis that some would have you believe

 

Britain's economy would be lost without immigration

 

The West is paying the price for decades of underinvestment

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Prison Vendors See Continued Signs of a Captive Market

 

By DAVID SEGAL

 

 

As judges and policy makers debate sentencing changes to curb incarceration, those who sell goods to jails and prisons find little cause for concern.

 

 

 

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Peter Hoffman for The New York Times

 

A traditional Styrofoam serving tray and a safer JonesZylon serving tray, with weapons made from them.

 

 

 

 

 

 

 

 

 

 

 

30fed-SUB-thumbStandard.jpg

Optimistic About Inflation, Stanley Fischer Suggests That Fed Will Stick to Plan on Rates

 

By BINYAMIN APPELBAUM

 

The remarks of the Federal Reserve’s vice chairman were highly anticipated after days of turmoil in financial markets that raised questions about whether the Fed’s plans had changed.

 

30bank-JP-thumbStandard.jpg

Owned by Union, Amalgamated Bank Gives Lift to the Left

 

By NICHOLAS CONFESSORE

 

Amalgamated Bank has aggressively carved out a position as the left’s private banker, leveraging deep connections with the Democratic establishment.

 

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Bitcoin Technology Piques Interest on Wall St.

 

By NATHANIEL POPPER 59 minutes ago

 

Financial firms are looking at the network and software that make it possible for Bitcoin to move around the world instantly and inexpensively.

 

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Zombie Factories Stalk the Sputtering Chinese Economy

 

By MICHAEL SCHUMAN

 

The government is keeping failing factories on life support in an effort to maintain social stability, but the policy may hinder a return to healthy growth.

 

 

Mending Hearts

 

30statin-JP-thumbStandard.jpg

New Alternatives to Statins Add to a Quandary on Cholesterol

 

By GINA KOLATA

 

Doctors find it difficult to ignore patients’ complaints about statins, which are much cheaper, even though clinical trials have found that they have minimal side effects.

 

 

On Work

 

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Galloping Away to a Place Beyond Words

 

By ALIA VOLZ

 

Every Thursday, a Spanish interpreter leaves the bustling city behind to spend an afternoon volunteering as a mounted National Park Service patroller.

 

The Haggler

 

30-HAGGLER-thumbStandard.jpg

Rousting the Book Pirates From Google

 

By DAVID SEGAL

 

A writer finds her e-book in Google Play with a different author’s name on the cover, revealing Google’s slow response to complaints of pirated works.

 

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With Ruble’s Decline, Russian Tourists Gain Appreciation for the Motherland

 

By SABRINA TAVERNISE

 

Since the ruble’s fall late last year put foreign vacations out of reach of many in the middle class, more Russians are choosing to vacation at home.

 

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U.S. Is Seen as Laggard as Russia Asserts Itself in Warming Arctic

 

By STEVEN LEE MYERS

 

With warming seas creating new opportunities at the top of the world, nations are scrambling over the Arctic. But Russia may be beating the United States to the punch.

 

 

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Young Hands in Mexico Feed Growing U.S. Demand for Heroin

 

By AZAM AHMED

 

To meet the U.S. demand for heroin, Mexico is enlisting children to harvest opium. The money is too much to ignore for most, and the terrain is more manageable for those of slighter frame.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

China tells G20 it's committed to structural reforms, growth - Moscovici

 

8:12pm BST

 

Eyes on China data, rate meetings

 

G20 7:54pm BST

 

Stocks slide as jobs data makes Fed move unclear

 

FXpert 6:27pm BST

 

VW's finance chief set to become new chairman | btn_rel_video.gif

 

5:48pm BST

 

U.S. labour market shows some muscle despite slower job growth | btn_rel_video.gif

 

5:48pm BST

 

Good summer gives Lufthansa CEO confidence for 2015 goals | btn_rel_video.gif

 

Aerospace & Defence 5:45pm BST

 

FTSE falls, U.S. jobs data suggests Sept rate hike possible

 

FXpert 5:38pm BST

 

GVC trumps 888 to clinch deal for Bwin

 

4:35pm BST

 

Volatile oil casts doubt on ECB's future inflation gauge

 

3:44pm BST

 

Japanese banks among bidders for GE's local finance unit - sources

 

Japan 3:32pm BST

 

G20 vows transparency on rate moves as global growth disappoints

 

G20 3:08pm BST

 

Falling knife or screaming buy? Glencore ticks both boxes

 

2:37pm BST

 

IMF exec says increasing likelihood of interim quota deal

 

IMF 1:39pm BST

 

Credit flow for growth still curbed by NPLs in Europe - Lagarde

 

G20 1:29pm BST

 

Inflationary pressures on the rise in the euro zone - ECRI indicator

 

1:05pm BST

 

ECB's Nowotny - euro zone inflation may turn negative

 

1:05pm BST

 

Dim prospects for Europe boost chances of extra money printing

 

G20 12:55pm BST

 

Swiss consumer prices fall by most in 56 years

 

10:52am BST

 

L'Oreal trims cosmetics market forecast for 2015

 

10:48am BST

 

Airbus orders reach 754 jets after August surge

 

10:36am BST

 

G20 finance ministers meet in Turkey as China casts clouds over growth

 

G20, Middle East 10:20am BST

 

Luxembourg finmin relaxed on prospect of Fed rate hike

 

G20 10:20am BST

 

Weidmann open to talks on including China in IMF currency basket

 

IMF 10:08am BST

 

New perspective needed for global growth says Turkish PM

 

10:08am BST

 

Australia court fines Visa arm 8.26 million pounds, cites anti-competitive conduct

 

9:40am BST

 

Mercedes-Benz August deliveries rise 53.1 percent in China

 

9:36am BST

 

Dutch chase third spot in group after Blind's horror debut

 

Sport 9:26am BST

 

Investors buckle up for expected drop in China's forex reserves

 

9:23am BST

 

UK new car registrations up 9.6 percent in August - SMMT

 

9:14am BST

 

Experts propose to G20 two-stage approach for TLAC bank buffers - source

 

G20 8:59am BST

 

Bayer to launch Covestro IPO, eyeing 1.84 billion pounds

 

8:59am BST

 

Japan's Kyushu Electric eyes first H1 profit in five years with nuclear restart

 

Japan, Nuclear Power 8:49am BST

 

Putin urges investment in Russia's vast Far East

 

8:48am BST

 

No BOJ easing needed in October if inflation expectations anchored - IMF

 

Japan, IMF 8:46am BST

 

Italy may raise 2015 growth forecast after data - minister to paper

 

8:41am BST

 

Bwin admits investors split on its backing of GVC takeover

 

8:22am BST

 

Communique will not urge Fed against rate hikes - G20 delegate

 

G20 7:57am BST

 

Indian drugmaker Cipla pushes into U.S. with two deals

 

7:55am BST

 

German July industry orders fall on weak foreign demand

 

7:47am BST

 

Japan second-quarter GDP seen revised down on bigger falls in capex

 

Japan 7:37am BST

 

IMF says no BOJ easing needed in October if inflation expectations anchored

 

Japan, IMF 7:36am BST

 

UK's August retail sales fall is biggest decline in seven years - BDO survey

 

7:16am BST

 

Japan aims for investment pact with Iran 'as soon as possible'

 

Japan, Middle East 7:06am BST

 

Japan's Amari: falls in China stocks don't reflect fundamentals

 

Japan 4:31am BST

 

Japan wages rebound, but modest bonus gains weigh on consumption

 

Japan 4:31am BST

 

Russia's Putin says sees nothing dramatic in declining oil prices

 

4:29am BST

 

Japan's Amari: Momentum gathering for TPP ministerial meeting

 

Japan 3:46am BST

 

Russia, Venezuela seek to combat shared oil price woes

 

3:45am BST

 

Russia, Venezuela did not reach agreement on supporting global oil prices

 

3:45am BST

 

Bwin board now prefers GVC's buyout offer over 888's - the Telegraph

 

2:55am BST

 

Russia's Polyus Gold CEO says interested in firm remaining public

 

2:15am BST

 

Foreign investors navigate turmoil in Chinese markets with new playbook

 

1:44am BST

 

UK's August retail sales fall is biggest decline in seven years - BDO survey

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

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