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The great interest rate rip off part 10


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Breaking news

 

 

 

 

 

 

 

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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Next rings alarm over Indian summer after slashing sales forecast

 

Retailer warned unusually warm weather would cost the company £25 million in profits

 

Deutsche Bank to replace CFO after posting €92 million loss

 

 

 

 

Fiat Chrysler to spin-off Ferrari in 2015

 

 

 

 

Mark Zuckerberg takes $2bn hit after Facebook shares plunge on spending warning

 

 

 

 

Standard Life boss says equities 'reasonably valued' adding to FTSE gloom

 

 

 

 

'Dead' banker Aubrey Lee Price sentenced to 30 years in prison after faking own death to escape prosecution

 

 

 

 

Sanofi board ousts boss Chris Viehbacher after intense speculation

 

 

 

 

Game on: Premier League clubs challenge £3m rates bill

 

 

 

 

Tesco to face criminal probe after £263million hole found in profits

 

 

 

 

Number of global billionaires has doubled since the financial crisis

 

 

 

 

Last branch standing? Lloyds is latest bank to let customers down

 

Outlook There are two very conflicting views about Lloyds Banking Group’s plans to close 200 branches or so and axe 9,000 jobs.

 

 

Chris Blackhurst: Pride comes before a fall, as Standard Chartered and its boss, Peter Sands, find out

 

 

 

 

Taking swing at bankers’ pay is long overdue

 

 

 

 

James Moore: As winter warmers sit on shelves, Next may suffer

 

 

 

 

Time running out for Peter Sands at Standard Chartered

 

 

 

 

Why BlackBerry should hire Kim Kardashian

 

 

 

 

Glencore and the MPs’ call for an index of evil

 

 

 

 

Stress tests are worth doing – but they need to be properly designed

 

 

 

 

With Brazil's economy at a crossroads, Dilma Rousseff faces difficult second term

 

 

 

 

For some oligarchs, when the seas are rough, they sail off to Zug

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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Share on other sites

29 October 2014 Last updated at 20:07

 

 

Tesco in criminal fraud probe_78611883_8e333a90-263d-4dd9-9440-f286ea192442.jpg

 

The Serious Fraud Office is carrying out a criminal investigation into accounting irregularities at supermarket giant Tesco.

 

 

_78619856_dollar.notes.tower.g.jpgUS Fed ends QE stimulus programme

 

US Federal Reserve announces an end to the quantitative easing stimulus programme begun in 2008 as economic recovery takes hold.

 

 

 

_78589221_187632235.jpg'Number spoofing' [problem] nets millions

 

A new phone [problem] - known as number spoofing - is netting millions of pounds for fraudsters, consumers are being warned

 

 

 

Other Top Stories

 

 

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

Deutsche Bank slumps to quarterly net loss as legal costs weigh | btn_rel_video.gif

 

8:14pm GMT

 

Fed ends bond buying, shows confidence in U.S. recovery

 

8:08pm GMT

 

Fed to launch longer-term reverse repos test in December

 

8:08pm GMT

 

EU's Katainen says no fines for countries on 2014 budget deficits

 

8:04pm GMT

 

EU's Katainen says further study needed on budget plans | btn_rel_video.gif

 

8:04pm GMT

 

Facebook spending gets thumbs up from analysts - if not investors | btn_rel_video.gif

 

Tech 8:02pm GMT

 

Italy to speed up rail operator privatisation

 

7:41pm GMT

 

INSTANT VIEW - U.S. Fed ceases new bond purchases under quantitative easing

 

7:37pm GMT

 

Riksbank has no safety margin as Sweden flirts with deflation

 

Japan 7:30pm GMT

 

Air France-KLM sees more belt-tightening after pilot strike | btn_rel_video.gif

 

Aerospace & Defence 7:18pm GMT

 

Barclays sued by Saudi developer for $10 billion

 

Middle East 7:07pm GMT

 

Permira Debt Managers raises direct lending fund

 

7:05pm GMT

 

Renault posts revenue gain on stronger pricing

 

7:00pm GMT

 

Bond yields up, dollar rallies after more upbeat Fed statement

 

FXpert 6:50pm GMT

 

Microsoft cuts 3,000 jobs, rounding out July plan

 

Tech 6:47pm GMT

 

U.S. mortgage bond prices extend fall after FOMC

 

6:34pm GMT

 

SFO launches probe into Tesco accounting scandal

 

UK 6:20pm GMT

 

Europe should shake up tax rules to boost equity investment - LSE boss

 

6:15pm GMT

 

BoE's Haldane wants global coordination on financial risks

 

6:15pm GMT

 

Fiat Chrysler to list Ferrari stake, issue $2.5 billion convertible bond

 

5:14pm GMT

 

Intertek outperforms as FTSE rises to near three-week high

 

FXpert 5:09pm GMT

 

Deutsche Bank settles dispute with four fired traders: court

 

4:51pm GMT

 

ThyssenKrupp Italian workers injured in clash with police

 

4:29pm GMT

 

UK lenders cut back on new mortgages as housing market slows

 

UK, 4:11pm GMT

 

Diageo delays Scotch distillery plans due to slowdown in demand

 

3:48pm GMT

 

Germany, Britain expect patent box deal at G20 meeting

 

G20 3:38pm GMT

 

Fiat Chrysler not to list stakes in other brands apart from Ferrari

 

3:24pm GMT

 

First Bank of England hike still seen in first quarter but economists less sure: Reuters poll

 

UK 2:59pm GMT

 

ECB must expand balance sheet by 1 trillion euros to lift inflation: Reuters poll

 

2:46pm GMT

 

UK fraud prosecutor confirms criminal investigation into Tesco

 

UK, 2:38pm GMT

 

France and Italy see no further budget problems with EU

 

2:23pm GMT

 

Fiat Chrysler shares soar on Ferrari, capital boost news

 

2:02pm GMT

 

Fiat Chrysler to issue $2.5 billion mandatory convertible, shares

 

1:51pm GMT

 

SFO to probe Tesco accounting errors - Sky News

 

UK, 1:42pm GMT

 

Tesco woes drag down Norway's $860 bln wealth fund in third quarter

 

UK, Norway 1:42pm GMT

 

Hedge funds muscle into reinsurance, attracting doubters

 

1:18pm GMT

 

European banks increase sovereign bets despite risks

 

1:05pm GMT

 

German prosecutors drop probe of ex-Morgan Stanley banker

 

12:59pm GMT

 

Volkswagen's China JV recalls cars over air bag issue

 

12:40pm GMT

 

Behind the scenes of Sanofi's boardroom bust up

 

12:35pm GMT

 

Facebook warns of increased spending, shares fall | btn_rel_video.gif

 

Tech, Facebook 11:58am GMT

 

Standard Life outlook muddied by British pension rule changes

 

11:48am GMT

 

Irish retail sales up 6 percent in September

 

11:13am GMT

 

Britain's Yorkshire Building Society fined 4 million pounds for mortgage failings

 

UK 11:07am GMT

 

UK signs 1.5 billion pounds military air traffic deal with Thales - NATS JV

 

UK 11:01am GMT

 

Banks see upswing in loan demand across euro zone

 

10:51am GMT

 

French drugmaker Sanofi sacks CEO Viehbacher

 

10:43am GMT

 

UK inflation expectations hold steady at five-year low - YouGov

 

UK, 10:23am GMT

 

World Bank urges China to cut economic growth target to 7 percent in 2015

 

10:17am GMT

 

Next cuts profit guidance as sales feel the heat

 

9:59am GMT

 

Japan establishes expert panel to debate planned second tax rise

 

Japan 9:43am GMT

 

Sanofi board ousts CEO Viehbacher, Chairman Weinberg takes helm

 

9:04am GMT

 

Schneider confirms 2014 forecasts after sales stabilise in Europe

 

8:32am GMT

 

Spain September retail sales rise 1.1 percent year on year - INE

 

8:18am GMT

 

Numericable launches 4.7 billion euro rights issue

 

7:53am GMT

 

STMicro cuts forecasts for fourth quarter, citing soft markets

 

7:44am GMT

 

Johnston Press sees boost from digital business in 2015

 

7:43am GMT

 

BG expects $4 billion sale of Australian gas pipeline by Christmas - source

 

Australia 7:41am GMT

 

New Total chief to visit key oil contacts as Q3 profits dip

 

7:27am GMT

 

Global consumer confidence improves, India most bullish - Nielsen

 

5:55am GMT

 

Analysis - The equity cult alive and kicking, despite deflation threat

 

5:49am GMT

 

Volkswagen says to launch over 20 electric vehicle models in China

 

5:29am GMT

 

Japan factory output jumps, but Abe needs more to cement tax plan

 

Japan 4:19am GMT

 

Exclusive - BAE Systems says U.S. halted its work on F-16 upgrades for South Korea

 

2:58am GMT

 

Japan sales tax hike plan may be negative if it harms economy - S&P

 

Japan 2:40am GMT

 

Pfizer executives - new Treasury rules hamstring inversion deals

 

2:14am GMT

 

In China, high demand for robots but too many robot manufacturers | btn_rel_video.gif

 

Tech 1:21am GMT

 

Exclusive - BAE Systems says U.S. halted its work on F-16 upgrades for South Korea

 

1:04am GMT

 

Deutsche Bank reshuffles board to sharpen legal focus

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 ends one of the most radical monetary experiments in history

 

dollarbills_3089601d.jpg

US central bank ends its unprecedented quantitative easing programme but keeps interest rates on hold

 

Tesco to be investigated by Serious Fraud Office

 

TESCO-TROLLEY_1001153g.jpg

Serious Fraud Office launches formal criminal investigation into Tesco scandal

78 Comments

Opec: Everyone needs to stop panicking about the oil price

 

oil_3089282g.jpg

Opec's secretary general dismisses suggestions member countries have embarked on an oil price war to preserve market share

4 Comments

Lord Hill set to clash with EU on Tobin tax

 

hill-booker_3022188g.jpg

UK's appointment to European Commission says financial transactions tax is 'something that should happen on a global level' if it is to happen at all

5 Comments

Heathrow Airport: We have a 30-strong waiting list

 

heathrow_3089756d.jpg

West London hub says it is forced to turn away business to rival airports in France and Germany as it spells out its case for a third runway

7 Comments

Fiat gears up to spin off Ferrari

 

LaFerrari-1_2922779g.jpg

Fiat Chrysler has revealed plans to list 10pc of the famous marque in the US and possibly Europe

4 Comments

 

UK faces 'debt timebomb' from ageing population

 

pension_2191886g.jpg

Institute of Economic Affairs calls for radical measures, including a smaller NHS, to bring Britain's debt mountain back to sustainable levels

407 Comments

Housing market continues to cool as mortgage approvals fall again

 

mortgages_2931813g.jpg

Bank of England data show mortgage approvals fell to their lowest level since July 2013 last month

32 Comments

High street could be forced to slash clothing prices before Christmas

 

next2_1723577g.jpg

Warm autumn weather leads to profit warning from Next and causes analysts to predict discounting on the high street to shift unsold stock

15 Comments

Yorkshire Building Society fined £4m for mistreating borrowers

 

bills_2532826d.jpg

The mutual caused further financial hardship for many home owners who had mortgage arrears, City regulator says

Good riddance QE, which began well but ended badly

 

How much of output should go on wages?

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 Announces End to Bond-Buying, Citing Job Gains

 

By BINYAMIN APPELBAUM 2:10 PM ET

 

 

The central bank noted recent weakness in some gauges of inflation expectations, but it said the likelihood of persistently low inflation had diminished.

 

 

 

 

30fed-pic3-sfSpan-v2.jpg

Alex Wong/Getty Images

 

Ben Bernanke, the former Federal Reserve chairman who engineered the quantitative easing program, with Janet L. Yellen, the current Fed chief, in 2013.

 

 

 

 

 

 

 

DealBook

 

dbpix-repeat1-thumbStandard.jpg

Prosecutors Wrestling With Wall Street’s Repeat Offenders

 

By BEN PROTESS and JESSICA SILVER-GREENBERG 32 minutes ago

 

Prosecutors are exploring whether to strengthen deferred or non-prosecution agreements from two years ago, or scrap them altogether and force the banks to plead guilty to a crime, say lawyers briefed on the cases.

 

DealBook

 

dbpix-ferrari2-thumbStandard.jpg

Fiat Chrysler to Spin Off Ferrari Sports Car Brand

 

By CHAD BRAY 21 minutes ago

 

Fiat plans to list about 10 percent of Ferrari’s shares and distribute the remaining stake to its shareholders some time next year. It will be the first time Ferrari has been independent since the late 1960s.

 

Bits Blog

 

29bits-wheeler-thumbStandard.jpg

F.C.C. Proposal Would Allow à la Carte Internet Video Services

 

By EDWARD WYATT 3:01 PM ET

 

The proposal by Tom Wheeler, chairman of the Federal Communications Commission, would allow some so-called over-the-top online video providers to carry cable and local broadcast stations, provided they could agree on financial terms.

 

30sanofi-pic1-thumbStandard.jpg

Christopher Viehbacher, Sanofi Chief, Is Ousted by Board

 

By DAVID JOLLY 12:56 PM ET

 

Company shares just their biggest drop since 1999, after a warning that sales growth in Sanofi’s top-selling drug, for diabetes, was faltering.

 

 

Applepay-thumbStandard.jpg

Apple Pay Runs Afoul of MCX, a Group With a Rival Product

 

By MIKE ISAAC

 

Rite Aid and CVS are not accepting Apple Pay because they belong to a consortium of retailers planning to release their own mobile payment system next year.

 

 

 

 

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

Breaking news

 

 

 

 

 

 

 

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

Link to post
Share on other sites

Diageo, Jose Cuervo near deal to swap brands - WSJ

 

01 Nov 2014

 

BNP CEO - French banks should pay only two thirds of bailout contribution

 

01 Nov 2014

 

Takata discloses air bags with a new flaw were made from 2008-2014

 

01 Nov 2014

 

Putin awards a posthumous Order of Honour on Total's Margerie

 

01 Nov 2014

 

Kaufhof owner Metro says held talks with Karstadt owner

 

01 Nov 2014

 

German pilots won't strike during negotiations with Lufthansa - Focus

 

Aerospace & Defence 01 Nov 2014

 

Rocket Internet IPO propped up by underwriting bank - filing

 

Tech 01 Nov 2014

 

KPN's America Movil board member sells part of KPN stake

 

Tech, 01 Nov 2014

 

Meyer Burger CEO says no current plans to raise more capital - paper

 

01 Nov 2014

 

China's October factory growth unexpectedly hits five-month low - official PMI

 

01 Nov 2014

 

J.P. Morgan found hackers through breach of corporate event website - media

 

Tech, Cyber Crime 01 Nov 2014

 

Foreign access to China's card clearing market next August - report

 

Tech 01 Nov 2014

 

South Korea exports rise 2.5 percent in October, trade surplus at record

 

01 Nov 2014

 

Mexico could help realise Central America economic plan - ministry

 

01 Nov 2014

 

Oi, America Movil, Telefonica to bid for Brazil's TIM, sources say

 

Exclusive - U.S. probing Standard Chartered over Dubai banking: sources

 

Middle East 31 Oct 2014

 

Shares jump, yen slumps as BOJ ramps up stimulus | btn_rel_video.gif

 

FXpert, Japan 31 Oct 2014

 

Brazil gives go-ahead to 31 solar parks in push for new energy

 

31 Oct 2014

 

Former Monte Paschi management convicted as crisis mounts

 

31 Oct 2014

 

Jilted Chinese supplier tells would-be U.S. reshorer -'Not so fast'

 

31 Oct 2014

 

Airbus in talks with China Aircraft Leasing for 100-plane order - Figaro

 

Aerospace & Defence 31 Oct 2014

 

U.S. October auto sales seen rising 6 percent - Reuters poll

 

31 Oct 2014

 

Greece to define post-bailout relationship with EU, IMF by early 2015 - finmin

 

IMF 31 Oct 2014

 

Oi, America Movil, Telefonica to bid for Brazil's TIM - sources

 

31 Oct 2014

 

Dollar General extends tender offer for Family Dollar shares again

 

31 Oct 2014

 

Japan's central bank shocks markets with more easing as inflation slows | btn_rel_video.gif

 

Japan 31 Oct 2014

 

Banks boost FX settlement war chest to as much as $6.5 billion

 

31 Oct 2014

 

Virgin Money lending rises ahead of planned London listing

 

31 Oct 2014

 

U.S. consumer spending falters; wage gains highest since 2008

 

31 Oct 2014

 

Exxon, Chevron profits boosted by refining as oil prices fall

 

31 Oct 2014

 

Banks lead FTSE higher after Japanese stimulus boost

 

FXpert, Japan 31 Oct 2014

 

Ex-Monte Paschi chairman sentenced to jail in derivatives case

 

31 Oct 2014

 

British banks buoyed by new rules on risk buffers

 

UK 31 Oct 2014

 

Daimler buys into Agusta as motorbike and car tech converge

 

31 Oct 2014

 

BNP back in profit, on look out for bolt-on acquisitions | btn_rel_video.gif

 

31 Oct 2014

 

Without a plan, junk status looms for Tesco - Moody's

 

31 Oct 2014

 

Barclays confident it will exceed Bank of England's leverage ratio demand

 

UK, 31 Oct 2014

 

Exclusive: Morgan Stanley commodities staff spooked by CEO comment

 

31 Oct 2014

 

Exclusive: Morgan Stanley commodities staff spooked by CEO comment

 

31 Oct 2014

 

Shares in Barclays up seven percent after BoE leverage ratio delay

 

UK, 31 Oct 2014

 

Schaeuble says consumption strong, but confidence worsening in Europe

 

31 Oct 2014

 

Leaner Sony gains smartphone lift despite its own mobile malaise

 

Tech, Japan 31 Oct 2014

 

Chevron quarterly profit jumps 13 percent

 

31 Oct 2014

 

Exxon quarterly profit rises three percent on refining

 

31 Oct 2014

 

RBS takes 400 million pound forex hit and warns more to come

 

31 Oct 2014

 

Euro zone inflation edges up to dim chance of new ECB action

 

31 Oct 2014

 

British investors cut equity holdings, boost cash, property

 

31 Oct 2014

 

UK says will pay off part of World War One-era debt next year

 

31 Oct 2014

 

Warm weather set to push M&S non-food sales down again

 

31 Oct 2014

 

Trial of former UBS executive dredges up Swiss banks' shady past

 

31 Oct 2014

 

Samsung Elec seeks China comeback with first metallic smartphones

 

Tech 31 Oct 2014

 

Monte Paschi, Carige to present recovery plans soon-Bank of Italy

 

31 Oct 2014

 

Italy says private capital will meet Monte Paschi, Carige needs

 

31 Oct 2014

 

British Airways owner confident on growth as rivals falter

 

Aerospace & Defence 31 Oct 2014

 

Copper miner Kazakhmys restructuring over, now called Kaz Minerals

 

31 Oct 2014

 

ECB's Visco says concrete risk of deflation cannot be ignored

 

31 Oct 2014

 

AB InBev profit capped by weak U.S., Brazil recession

 

31 Oct 2014

 

Regus forecasts capex below estimates, eases fears over debt

 

31 Oct 2014

 

Advertising group WPP sticks to full-year outlook despite slowdown

 

31 Oct 2014

 

SuperGroup says no discounts as warm weather hits profit outlook

 

31 Oct 2014

 

RBS says won't pay dividend until core capital ratio tops 12 percent

 

31 Oct 2014

 

ECB's Nowotny says never say never on QE, but not now - CNBC

 

31 Oct 2014

 

Bank of Ireland capital and margins rise further in third quarter

 

31 Oct 2014

 

Credit Suisse adds 390 million Swiss francs to litigation provisions

 

31 Oct 2014

 

German retail sales see biggest fall in more than seven years

 

31 Oct 2014

 

Starbucks Americas sales disappoint on softer traffic

 

31 Oct 2014

 

Forex positions help Swiss National Bank to nine-month profit

 

31 Oct 2014

 

Turkish regulator approves Aviva, Sabanci pension unit partial float

 

31 Oct 2014

 

Japan coalition Komeito official says hard to raise sales tax as scheduled

 

31 Oct 2014

 

BOJ unexpectedly eases monetary policy further

 

Japan 31 Oct 2014

 

Asset sale not on the cards for Indonesia's indebted Bakrie Group - sources

 

31 Oct 2014

 

World Bank to cut 500 jobs in some units as part of revamp

 

31 Oct 2014

 

Danone to buy 25 percent of Chinese dairy firm Yashili for $550 million

 

31 Oct 2014

 

China's shadow banking sector growing rapidly, third largest in world - FSB

 

G20 31 Oct 2014

 

Barclays sets aside 500 million pounds for FX fines as profits rise | btn_rel_video.gif

 

31 Oct 2014

 

Samsung Electronics shares rally on earnings, shareholder returns hopes

 

31 Oct 2014

 

Japan consumer inflation slows, piling pressure on BOJ to act

 

Japan 31 Oct 2014

 

Japan government ready to take steps to revive economy - Amari

 

Japan 31 Oct 2014

 

Japan to approve GPIF boosting domestic stocks to 25 percent - sources

 

Japan 31 Oct 2014

 

UK consumer morale edges down - GfK

 

31 Oct 2014

 

Citigroup sets aside $600 million more to cover legal costs | btn_rel_video.gif

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

Japan September household spending falls 5.6 percent vs year ago - govt

 

Japan 30 Oct 2014

 

Citigroup sets aside $600 million more to cover legal costs | btn_rel_video.gif

 

30 Oct 2014

 

Japan Sept core CPI rises 3.0 percent year-on-year

 

Japan 30 Oct 2014

 

Starbucks Americas sales disappoint on softer traffic

 

30 Oct 2014

 

Twitter product chief sidelined as user engagement slides

 

Tech 30 Oct 2014

 

Starbucks sees no coffee shortages despite Brazil's drought

 

30 Oct 2014

 

Expedia's third-quarter profit soars 50 percent

 

30 Oct 2014

 

BOJ to maintain asset buying, keep rosy inflation view despite growing risks

 

Japan 30 Oct 2014

 

Goldcorp sees rebound from weak third-quarter, stock slumps

 

30 Oct 2014

 

In war on smog, struggling China steel mills adapt to survive

 

30 Oct 2014

 

Dollar surges as Fed ends third-quarter on hawkish note

 

FXpert 30 Oct 2014

 

Trade, defence buoy U.S. economy | btn_rel_video.gif

 

30 Oct 2014

 

Barclays sets aside 500 million pounds for FX fines as profits rise | btn_rel_video.gif

 

30 Oct 2014

 

U.S. says hard to imagine EU trade deal without investor protection

 

30 Oct 2014

 

U.S. Fed buys $5.3 billion of mortgage bonds, sells none

 

30 Oct 2014

 

Conoco sees third quarter profit rise, 2015 capex seen lower

 

Africa 30 Oct 2014

 

Germany denies report on post-bailout aid for Greece

 

30 Oct 2014

 

Exclusive - Owners of Spain's Parques Reunidos ponder $2.6 billion sale: sources

 

Spain 30 Oct 2014

 

Wal-Mart to close 30 underperforming stores in Japan, take charge

 

Japan 30 Oct 2014

 

Japan's SoftBank sets sights on America Movil assets - WSJ

 

Japan 30 Oct 2014

 

Nigeria set to avoid FIFA suspension after court case is dropped

 

30 Oct 2014

 

Ireland's AIB bucks trend to cut mortgage rates

 

30 Oct 2014

 

Conoco to spend less in 2015, below $16 billion

 

30 Oct 2014

 

St James's Place outperforms as FTSE stages late rally

 

FXpert 30 Oct 2014

 

Weak inflation figures hit euro zone, but not expected to jolt ECB

 

Spain 30 Oct 2014

 

MasterCard profit beats estimates as card usage rises

 

30 Oct 2014

 

ECB to start ABS purchases in November with help from asset managers

 

30 Oct 2014

 

Analysis - Oil price declines have small-cap shale investors scrambling

 

30 Oct 2014

 

Artificial hips business boosts Smith & Nephew profit

 

30 Oct 2014

 

UK outlines new legal powers for Bank of England to regulate mortgages

 

UK, 30 Oct 2014

 

Thomson Reuters financial products sales improve

 

30 Oct 2014

 

Power of 'France Inc' on display in Sanofi boardroom coup

 

Aerospace & Defence 30 Oct 2014

 

Zambia's Treasury says no change in policy, markets should stay calm

 

Africa 30 Oct 2014

 

Zambia may be backing off steeper mine royalty rates - Barrick

 

Africa 30 Oct 2014

 

Daimler, VW dampen speculation about imminent CEO succession

 

30 Oct 2014

 

Financial adviser Sesame fined for fourth time

 

30 Oct 2014

 

Next Shell chairman brings U.S. corporate experience, green agenda

 

30 Oct 2014

 

Americans face post-foreclosure hell as wages garnished, assets seized

 

30 Oct 2014

 

BP says major Azeri oil field set for month of maintenance

 

30 Oct 2014

 

RBS to reveal funds held to settle forex probes

 

30 Oct 2014

 

JPMorgan tops pay table with 461,000 pounds for London bankers - survey

 

30 Oct 2014

 

Shell outpaces peers with profit growth, keeps spending

 

30 Oct 2014

 

Chrysler recalls 33,443 light trucks in U.S. for tyre pressure issues

 

30 Oct 2014

 

Lufthansa shares drop after 2015 profit guidance cut for second time

 

Aerospace & Defence 30 Oct 2014

 

Aviva new business rises, UK life shows surprise bounce

 

30 Oct 2014

 

Britain's 'bad bank' warns of interest rate dangers ahead

 

30 Oct 2014

 

BT targets big spenders as broadband battle intensifies

 

30 Oct 2014

 

National Australia Bank plans UK exit after slide in annual profit

 

Australia 30 Oct 2014

 

Scottish Power may cut size of offshore wind farm

 

UK, Spain 30 Oct 2014

 

GE plans stake sale in two SOUTH Korean finance JVs - sources

 

30 Oct 2014

 

Euro zone sentiment unexpectedly improves in October

 

30 Oct 2014

 

Volkswagen profit jumps on record Audi, Porsche sales

 

30 Oct 2014

 

Volkswagen's Skoda Auto says nine-month deliveries up by 13 percent to 774,100 cars

 

30 Oct 2014

 

Lufthansa says dividend payout may be limited this year

 

30 Oct 2014

 

Barclays says FX provision covers talks with more than one body

 

30 Oct 2014

 

Visa, Mastercard welcome Beijing's plans to free bank cards market

 

30 Oct 2014

 

Bayer third-quarter adjusted profit gains slightly on strong crop chemicals

 

30 Oct 2014

 

Bayer says eyeing more deals after bulking up consumer care

 

30 Oct 2014

 

Momentum in Britain's housing market eases further in October - Nationwide

 

30 Oct 2014

 

Samsung seeks smartphone revamp to arrest profit slide | btn_rel_video.gif

 

Tech 30 Oct 2014

 

St. James's Place funds under management rise 17 percent

 

30 Oct 2014

 

Japan PM Abe - Sales tax hike hurts consumers' purchasing power

 

Japan 30 Oct 2014

 

BOJ's Kuroda says capex rising gradually

 

Japan 30 Oct 2014

 

Serious Fraud Office launches probe into Tesco accounting scandal

 

UK 30 Oct 2014

 

Spirit Pub agrees to extend deadline for Greene King offer

 

30 Oct 2014

 

UK 'bad bank' repays 1.6 billion pounds to government in first half

 

30 Oct 2014

 

Lufthansa CFO says further major strikes could hurt 2014 targets

 

Aerospace & Defence 30 Oct 2014

 

Bayer third-quarter adjusted profit gains slightly on strong crop chemicals

 

30 Oct 2014

 

Holcim says not to form joint organisation with Cemex in Spain

 

30 Oct 2014

 

Rent squeeze points to frailty of Spain's retail bounce

 

Spain 30 Oct 2014

 

Businesses, trade to support U.S. third-quarter growth

 

30 Oct 2014

 

China's preliminary third-quarter current account surplus $81.5 billion

 

30 Oct 2014

 

China's official PMI seen edging up to 51.2 in October but still subdued

 

30 Oct 2014

 

China's official PMI seen edging up to 51.2 in October but still subdued

 

30 Oct 2014

 

Hyundai plans to take on Toyota's Prius with new hybrid model

 

Japan 30 Oct 2014

 

Japan PM - GPIF portfolio must change reflecting end of deflation

 

Japan 30 Oct 2014

 

Japan PM - GPIF portfolio must change reflecting end of deflation

 

Japan 30 Oct 2014

 

Samsung Electronics sees higher handset average sale price in fourth-quarter

 

Tech 30 Oct 2014

 

Brazil shocks with interest rate hike in wake of election

 

30 Oct 2014

 

China banks' bad loans surge, credit crunch could spread west

 

30 Oct 2014

 

Fed ends bond buying, shows confidence in U.S. recovery | btn_rel_video.gif

 

30 Oct 2014

 

NY recovers $18 million using warrants for Facebook accounts

 

Tech, Facebook 30 Oct 2014

 

U.S. prosecutors reopen probes against several big banks - The New York Times

 

30 Oct 2014

 

Coca-Cola to buy 29 percent stake in Indonesian unit for $500 million

 

Australia 30 Oct 2014

 

Ex-controller charged with embezzling from Connecticut hedge fund

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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2 November 2014 Last updated at 20:29

 

 

Thousands of low paid set for pay rise_78697738_pa%282%29.jpg

 

Tens of thousands of UK workers are set for a pay rise following a surge in the number of companies signed up to the UK Living Wage.

 

 

_78700085_78699853.jpgChina manufacturing growth slows

 

Growth in China's manufacturing sector slowed in October, an official survey suggests, reinforcing concerns about a slowdown in the wider economy.

 

 

 

_78705738_hi023744554.jpgMerkel 'would accept UK exit from EU' New

 

Chancellor Angela Merkel would accept the UK's exit from the EU if David Cameron insists on migration curbs, German press reports say

 

 

 

Other Top Stories

 

 

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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Britain blocking VAT red tape from Europe

 

hmrc_2969758d.jpg

Plans to introduce a standard sales tax return are on the rocks as states row over additional bureaucracy

119 Comments Diageo to swap Bushmills whiskey for control of luxury tequila Don Julio

 

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Drinks giant expected to detail asset swap deal with Jose Cuervo of Mexico to gain full control of the Don Julio tequila brand

Comment

Tesco eyes £1bn from bank sale

 

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Troubled supermarket giant considers float of Tesco Bank as it seeks to raise much-needed capital

76 Comments

Hedge fund takes £100m bet on M&S share price fall

 

MS1_1_3092919g.jpg

Lone Pine Capital builds a 1.6pc short position as Britain's biggest clothing retailer prepares to unveil another slump in sales

100 Comments

 

Ikea embarks on biggest programme of price cuts in history

 

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UK arm of Swedish retailer says it will make 'largest investment into lowering prices we've ever made' as revenues in UK reach £1.4bn

35 Comments

Standard Chartered investors pushing for major shake-up

 

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Shareholder pressure is rapidly mounting on chairman John Peace and Peter Sands, the chief executive, to step down

3 Comments

Lloyds forex probe finds no wrongdoing

 

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Bank passes results of internal investigation to the Financial Conduct Authority

6 Comments

Three-way tussle to take United Biscuits

 

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Kelloggs, Burtons Biscuits and Turkey's Ulker fight to take control of McVities digestives maker

1 Comment

Lending curbs 'not enough to stave off crisis'

 

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National Institute of Economic and Social Research says regulatory focus on controlling mortgage market not sufficient to prevent repeat of 2008 crisis

10 Comments

Fever-Tree puts some fizz back in the IPO market

 

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Lloyds backs two entrepreneurs behind 'the perfect gin and tonic'.

Comment

 

History will surely see QE as a major mistake

 

Another sacrifice may not be enough to save Peter Sands

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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For Macy’s, a Makeover on 34th Street

 

By NATASHA SINGER

 

 

Macy’s flagship has long tried to be everything to everyone. But in a $400 million renovation, it’s taking sharper aim at millennials and free-spending tourists.

 

 

 

 

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playbutton_arrow.png

 

 

 

 

 

 

 

02POT1-thumbStandard.jpg

For Pot Inc., the Rush to Cash In Is Underway

 

By JOHN LELAND and MOSI SECRET

 

With medical marijuana coming to New York, a curious collection of players is jockeying to cash in.

 

 

The Workologist

 

21workologist-illo-thumbStandard.jpg

Silencing the Wolf Whistles

 

By ROB WALKER

 

A reader asks the Workologist how to finally put a stop to two male co-workers’ inappropriate behavior toward women.

 

Applied Science

 

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That Devil on Your Shoulder Likes to Sleep In

 

By MATT RICHTEL

 

Research shows that people are more likely to lie or cheat in the afternoon and evening, when their brains are worn out.

 

Workspace

 

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In the Office of the Hard Rock C.E.O., Riffs on a Theme

 

 

The office of Hamish Dodds, chief executive of Hard Rock International, reflects the restaurant chain’s eclectic, rock ‘n’ roll aesthetic.

 

Vocations: The Prosthetist

 

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Their Steps Make Her Dance

 

 

“Knowing that they’re walking because of something I made for them hits me in the heart,” says Julianne Gupta, 28, who works at a prosthetics company.

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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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

Breaking news

 

 


 

 

 

 

 

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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Share on other sites

HSBC sets aside $378 million to cover potential fines in currency probe

 

HSBC said discussion with HSBC "ongoing" and resolution "likely to involve payment of significant financial payment"

 

Virgin America confirms IPO plans as it seeks $1 billion valuation on NASDAQ

 

 

 

 

Dunkin' Donuts unveils calorie-packed snickerdoodle and sugar cookie latte ahead of Christmas

 

 

 

 

Just Eat serves healthy increase in sales over summer months

 

 

 

 

Publicis buys SapientNitro for $3.7 billion

 

 

 

 

Diageo swaps tequila for whiskey in $1bn deal

 

 

 

 

Zopa lends £250m in a year as peer-to-peer industry booms

 

 

 

 

Argentina suspends Procter & Gamble operations in 'tax fraud probe'

 

 

 

 

Numbers of workers paid less than Living Wage on the rise with women and students hit hardest

 

 

 

 

Ryanair raises profit forecast as drive to improve image begins to pay off

 

 

 

Suddenly Swiss banks are not being regulated gently. How they hate it

 

Global Outlook

 

Government can benefit from business's expertise – but clear focus is required

 

 

 

 

Dave Lewis's 'revolution' is nothing more than what you’d expect from a Tesco boss

 

 

 

 

Mark Leftly: Work capability testing is a tough job – so call in the Greatest to do it

 

 

 

 

James Moore: Homeowners will benefit from fixed-rate price war

 

 

 

 

James Moore: Standard Life’s star is purring like a Bugatti

 

 

 

 

James Moore: When the crowd starts funding it’s time to look for an exit

 

 

 

 

James Moore: As winter warmers sit on shelves, Next may suffer

 

 

 

 

Taking swing at bankers’ pay is long overdue

 

 

 

 

Last branch standing? Lloyds is latest bank to let customers down

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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Share on other sites

U.S. Treasury expects to borrow $232 billion in fourth quarter

 

8:11pm GMT

 

Monte Paschi says knows nothing about NIT 10 billion euro offer

 

8:03pm GMT

 

LabCorp to pay $6.1 billion for drug trial company Covance

 

7:57pm GMT

 

Hyundai, Kia in record settlement with US for overstating mileage

 

7:53pm GMT

 

Allergan says has been approached by another party about a deal

 

7:50pm GMT

 

Obama, Fed's Yellen to discuss long-term U.S. economic outlook -White House

 

G20 7:49pm GMT

 

Fed awards fewer reverse repos at lower interest rate

 

7:45pm GMT

 

Fed says loan standards easing, credit demand up in certain areas

 

7:44pm GMT

 

Fed could move before markets expect, Fisher says

 

7:30pm GMT

 

Late-summer 2015 too late for rate hike - Fed's Fisher

 

7:14pm GMT

 

L'Oreal third-quarter like-for-like sales growth misses estimates

 

7:09pm GMT

 

French car sales lose momentum amid economic gloom

 

7:07pm GMT

 

Pimco rehires Seidner, El-Erian confidant, as a CIO

 

7:05pm GMT

 

October world factory activity expands slowly, stimulus still needed

 

6:57pm GMT

 

Daughter of Zara founder declares 5 percent Inditex stake

 

6:52pm GMT

 

Fidelity, T. Rowe Price funds load up on Alibaba shares

 

6:51pm GMT

 

Central bank expectations lift dollar; Wall Street hits record

 

FXpert, 6:33pm GMT

 

Argentina sees 'better possibility' of holdout debt deal in 2015

 

6:29pm GMT

 

U.S. factory activity back at three-and-half year high

 

6:26pm GMT

 

Publicis to buy U.S. digital ad firm Sapient for $3.7 billion

 

Tech 6:07pm GMT

 

Fisher applauds Fed's reluctance to react to market

 

5:58pm GMT

 

U.S. October auto sales best in several years, GM misses

 

5:55pm GMT

 

European companies defy gloomiest results forecasts

 

5:48pm GMT

 

HSBC sets aside $1.8 billion for forex probe, misconduct | btn_rel_video.gif

 

5:38pm GMT

 

Turkey's Yildiz buys United Biscuits as pursues global quest

 

Middle East 5:35pm GMT

 

William Hill's Manila support arm hit by illegal gambling probe

 

5:28pm GMT

 

Weak utility stocks and HSBC peg back FTSE

 

FXpert 5:18pm GMT

 

Latecomer Croatia finds no easy access to EU prosperity

 

4:33pm GMT

 

October global factory growth matches September's modest pace - PMI

 

4:29pm GMT

 

Exclusive: LightSquared has deal to end Chapter 11 under lender control - source

 

4:26pm GMT

 

RBS changes auditor to EY from 2016

 

4:18pm GMT

 

Audi profit margin slips as plant costs offset sales gains

 

4:14pm GMT

 

Analysis - Brazil's BNDES in spotlight as Rousseff faces fiscal pressure

 

4:01pm GMT

 

Factbox - Brazil's BNDES is top source of loans for companies

 

4:01pm GMT

 

Top StanChart investor backs under-fire management

 

3:51pm GMT

 

Poll - Chance ECB buys sovereign bonds rises to even odds - traders

 

Japan 3:26pm GMT

 

Porsche recalls 4,428 sports cars for faulty boot panel parts

 

3:13pm GMT

 

Smaller banks, non-execs at risk from new UK rules - industry

 

2:27pm GMT

 

UK manufacturing surges, but weak exports cloud outlook

 

UK 2:20pm GMT

 

Banks set aside up to $7 billion as UK currency settlement looms

 

2:04pm GMT

 

Ireland eyes access to China's beef market in 2015

 

12:57pm GMT

 

Foreign access to China's card clearing market next August - report

 

Tech 12:55pm GMT

 

Ryanair lifts profit forecast as better service pays off

 

Aerospace & Defence 12:52pm GMT

 

VW says to halt car production in Russia again this week

 

12:31pm GMT

 

Euro zone factory growth sluggish in October as prices fall - PMI

 

11:24am GMT

 

Factory output shows central Europe resilient amid Russia sanctions

 

11:24am GMT

 

ECB to keep TLTRO terms unchanged unless economic picture darkens - sources

 

10:53am GMT

 

Diageo gives up Bushmills for control of Don Julio tequila

 

10:50am GMT

 

Sky Deutschland swings back to black ahead of BSkyB deal

 

10:32am GMT

 

Apple plans investor call ahead of a potential bond sale - WSJ

 

Tech 10:08am GMT

 

HSBC says only detailed FX settlement talks are with UK regulator

 

10:07am GMT

 

UBM to focus on largest, most-profitable shows

 

9:56am GMT

 

Insight - East German town shows 'flourishing landscapes' within reach at last

 

9:47am GMT

 

Daimler opens Beijing R&D centre to tune Mercedes-Benz to Chinese tastes

 

9:26am GMT

 

Alibaba's first earnings to test mettle, investor enthusiasm

 

Tech 9:23am GMT

 

German manufacturing sector rebounds in October after September dip - PMI

 

9:03am GMT

 

French manufacturing contracts less than first reported in Oct - PMI

 

8:53am GMT

 

China October PMIs point to cooling economic momentum, growth target at risk | btn_rel_video.gif

 

8:45am GMT

 

French car registrations dropped 3.8 percent in October - CCFA

 

8:29am GMT

 

Spanish manufacturing expands for 11th straight month in Oct - PMI

 

8:26am GMT

 

Sky Deutschland CEO sees more quarters with net loss

 

8:02am GMT

 

Holcim profit hit by weak Europe and forex

 

7:54am GMT

 

LVMH to redistribute Hermes shares Dec 17

 

7:46am GMT

 

Irish manufacturing expands for 17th straight month in October - PMI

 

6:11am GMT

 

China's final HSBC PMI hits three-month high, but risks remain

 

5:47am GMT

 

Cheaper tomorrow? Bank of Japan battles entrenched 'deflation mindset'

 

Japan 4:58am GMT

 

Japan economy minister calls for fiscal stimulus if third-quarter GDP data weak

 

Japan 4:58am GMT

 

Argentina accuses Procter & Gamble of tax fraud, says suspends operations

 

3:18am GMT

 

RBS to aid City of London police with training on financial crime - FT

 

UK, 1:25am GMT

 

Sydney set to become yuan hub, clearing bank appointment eyed

 

Australia 12:42am GMT

 

South Korea October manufacturing PMI contracts for second month, hits four-month low

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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Share on other sites

3 November 2014 Last updated at 20:04

 

 

HSBC reserves $378m in currency probe_78710553_78709819.jpg

 

HSBC has set aside $378m (£237m) to cover potential costs from investigations into currency trading.

 

 

_78732607_165360170.jpgHyundai and Kia in $100m settlement

 

US regulators announce that carmakers Hyundai and Kia have agreed to a record $100m settlement for overstating the fuel economy of their cars, in violation of the Clean Air Act.

 

 

 

_78729340_78729334.jpgTurkish firm buys Jaffa Cakes owner

 

United Biscuits, maker of Jaffa Cakes and Penguin biscuits, is sold to Turkey's Yildiz by its private equity owners.

 

 

 

Other Top Stories

 

 

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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