Jump to content


The great interest rate rip off part 10


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 2539 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Greece Made Preparations to Exit Euro

 

By JACK EWING and NIKI KITSANTONIS 2:25 PM ET

 

 

The contingency plans for a possible exit from the euro began before the current leaders came to power, the former Greek finance minister said.

 

 

 

28varoufakis-tapes-web1-sfSpan.jpg

Louisa Gouliamaki/Agence France-Presse — Getty Images

 

 

The Varoufakis Tapes: Listen to Excerpts

 

By THE NEW YORK TIMES

 

In an audio recording, Yanis Varoufakis, Greece’s recently departed finance minister, detailed a plan for the country to abandon the euro currency.

 

 

 

 

 

 

 

 

 

 

27exim-jp-thumbStandard.jpg

Senate Resurrection of Export-Import Bank Goes to Divided House

 

By JONATHAN WEISMAN 59 minutes ago

 

House Republicans are split over the agency, whose authorization expired June 30 and which had stopped assistance to customers of American exports.

 

27netflix1-thumbStandard.jpg

Netflix Refines Its DVD Business, Even as Streaming Unit Booms

 

By EMILY STEEL

 

Instead of ignoring its DVD-by-mail operation that was dwindling but still bringing in hundreds of millions of dollars in profits every year, the company concentrated on efficiency.

 

db-teva-web2-thumbStandard.jpg

Teva Pharmaceuticals to Buy Allergan’s Generics Business

 

By CHAD BRAY

 

The $40.5 billion transaction would be the latest in what has been a frenzied period of deal-making in the pharmaceutical sector.

 

New York Magazine Faces Tech Problems as Cosby Article Circulates

 

By KATIE ROGERS 9:48 AM ET

 

The magazine’s site had trouble after publishing an article with 35 women who said they had been sexually abused by Bill Cosby. A Twitter user claimed responsibility.

 

 

chinastocks-web1-thumbStandard.jpg

Chinese Shares Tumble Again

 

By NEIL GOUGH 10:20 AM ET

 

The main Shanghai index slid 8.5 percent, it’s biggest one-day decline in eight years, abruptly ending a nearly three-week lull in the market rout.

 

 

27wage-jp-thumbStandard.jpg

Raising Floor for Minimum Wage Pushes Economy Into the Unknown

 

By NOAM SCHEIBER

 

Researchers have little experience with raises of such magnitude. The effects, especially in areas with low median incomes, could be profound.

 

 

27FINEjp-3-thumbStandard.jpg

Fiat Chrysler Gets Record $105 Million Fine for Safety Issues

 

By BILL VLASIC 2:37 PM ET

 

Federal regulators on Sunday levied a record penalty against Fiat Chrysler Automobiles for failing to complete 23 safety recalls covering more than 11 million vehicles.

 

Comcast and Discovery Announce Long-Term Distribution Deal

 

By EMILY STEEL 12:03 PM ET

 

The multiyear agreement is a public olive branch after the two companies clashed during Comcast’s takeover attempt of Time Warner Cable.

 

 

 

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

  • Replies 7.7k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

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

UK economic growth picks up to 0.7%

 

 

 

 

UK economic growth accelerated to 0.7% in the second quarter of the year, helped by a big jump in oil and gas production.

 

 

 

Related content

 

 

 

Full article UK economic growth picks up to 0.7%

 

 

Live Business live: 28 July 2015

 

45 minutes ago

 

Disneyland Paris faces a probe into its pricing practices by France on behalf of the European Commission, according to an article in the Financial Times…

 

 

Full article Business live: 28 July 2015

 

 

 

 

 

 

 

 

 

Braking error led to spaceship crash

 

Investigators say a fatal Virgin Galactic spaceship crash last year was caused by structural failure after the co-pilot unlocked a braking system early.

 

 

 

Related content

 

 

 

Full article Braking error led to spaceship crash

 

 

 

 

 

 

 

Cameron plan 'won't stop dirty cash'

 

David Cameron's plans to crack down on "dirty money" being used to buy UK property have been criticised by tax and property experts.

 

 

 

Related content

 

 

 

Full article Cameron plan 'won't stop dirty cash'

 

Ford warns on China car demand

 

 

Full article Ford warns on China car demand

Volkswagen overtakes Toyota in sales

 

 

Full article Volkswagen overtakes Toyota in sales

Royal Mail 'broke competition law'

 

  • 28 July 2015
  • From the section Business

 

Full article Royal Mail 'broke competition law'

 

 

 

BP profits fall on low oil price

 

 

Full article BP profits fall on low oil price

China shares continue to slide

 

  • 28 July 2015
  • From the section Business

 

Full article China shares continue to slide

Malaysia sackings over money scandal

 

  • 7 hours ago
  • From the section Asia

 

Full article Malaysia sackings over money scandal

ITV profits up 25% despite ratings fall

 

  • 28 July 2015
  • From the section Business

 

Full article ITV profits up 25% despite ratings fall

RSA leads FTSE higher after bid move

 

 

Full article RSA leads FTSE higher after bid move

Next profit forecast up on sales rise

 

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

HeidelbergCement agrees to buy 45 percent stake in Italcementi

 

8:03pm BST

 

DuPont sees 'challenging' months ahead as farm sales weaken

 

7:48pm BST

 

BoE's Cunliffe says no turning back the 'regulatory dial'

 

7:02pm BST

 

Stocks rally after losing streak as China fears dwindle

 

FXpert, 6:31pm BST

 

German, French tank makers seal armoured vehicles tie-up

 

6:31pm BST

 

Barclays boss McFarlane seen speeding asset sales, cost cuts

 

6:22pm BST

 

Hedge fund economist to join Bank of England's MPC

 

UK 6:20pm BST

 

Greek bourse to reopen Wednesday or Thursday after ECB approval - regulator

 

6:08pm BST

 

Honeywell to buy Melrose's utility metering business for $5.1 billion

 

5:54pm BST

 

Britain's economy bounces back, despite currency hit to exporters | btn_rel_video.gif

 

UK 5:44pm BST

 

Cash-rich Zurich Insurance eyes bid for British rival RSA

 

5:30pm BST

 

FTSE rebounds on deal-making prospects

 

FXpert 4:54pm BST

 

Britain seeks to stop foreign 'dirty money' hiding in UK property market | btn_rel_video.gif

 

UK 4:37pm BST

 

Santander UK finance chief quits as bank keeps IPO plans on ice

 

Spain 4:31pm BST

 

Ireland told to keep Irish Water utility on govt books

 

4:02pm BST

 

Banks fail to persuade regulators to dilute new buffer rules

 

G20 3:35pm BST

 

Sainsbury's overtakes Asda to become UK's No.2 supermarket

 

3:22pm BST

 

Vidal completes $44 million move from Juve to Bayern

 

Sport 3:17pm BST

 

BP profits slump after huge oil spill charge | btn_rel_video.gif

 

Middle East 3:07pm BST

 

Bank of England ends 'drip-feed' news, but will clarity result?

 

2:45pm BST

 

RBS to sell $2.2 billion Citizens shares to take stake below 25 percent

 

2:18pm BST

 

China shares fall again as Beijing scrambles to calm markets | btn_rel_video.gif

 

1:08pm BST

 

Heineken, Diageo end joint ventures in South Africa, Namibia

 

Africa 11:49am BST

 

Hikma to buy Boehringer's U.S. generic drug business for $2.65 billion

 

11:17am BST

 

Vodafone Spain to cut up to 1,300 jobs following Ono purchase

 

10:46am BST

 

GKN to buy Dutch aerospace supply firm for 706 million euros

 

Aerospace & Defence 10:30am BST

 

Orange confirms annual targets as recovery signs grow

 

10:27am BST

 

As Fed approaches rate hike, job growth shifts away from oil patch

 

10:07am BST

 

BHP plans to shed around 100 HQ jobs as commodities tumble

 

9:51am BST

 

Next lifts profit expectations after first-half beat

 

9:27am BST

 

UK bank Shawbrook's profit nearly doubles on loan book growth

 

9:17am BST

 

Ofcom says Royal Mail price changes breach competition law

 

UK, 9:03am BST

 

Orange will keep debt under control after EE sale - CFO

 

8:52am BST

 

BP's bill for oil spill rises to $54.6 billion after additional settlement

 

8:28am BST

 

Drax starts strategic review after UK green policy changes

 

8:17am BST

 

Virgin Money posts robust first-half profit on surge in mortgage lending

 

7:59am BST

 

Thales set to win 1 billion euro London Underground contract - La Tribune

 

UK 7:49am BST

 

Gloo Networks to list on AIM, seek media sector deals

 

Japan 7:37am BST

 

Statoil second-quarter profit beats forecast; keeps dividend

 

Norway 7:32am BST

 

ITV sees net ad revenues improving gradually

 

7:14am BST

 

UBS says legal reserves stand at $2.5 billion, details Puerto Rico probes

 

7:01am BST

 

As oil slumps, BOJ relies on yogurt, ketchup to hit price goal

 

Japan 4:40am BST

 

PBOC to inject $8 billion via reverse repos, biggest since July 7

 

3:38am BST

 

China economy still facing downward pressure - state planner

 

3:38am BST

 

China stocks slump in early trade despite regulators' pledge of more support

 

3:32am BST

 

Fiat Chrysler could spend billions to buy back unrepaired trucks | btn_rel_video.gif

 

3:27am BST

 

Chinese regulator vows share support after markets tumble 8.5 percent in a 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

UK recovery 'motors ahead' as GDP per head returns to pre-crisis levels

 

Brussels denies claims that Troika 'controls' Greek tax system

 

Athens_stock_excha_3390470d.jpg

Athens stock exchange given the green light to resume trading after European Commission denies Varoufakis plot allegations

8 Comments

boe_3387103g.jpg

Restructure banks to help wider society, says BoE chief economist

 

Andy Haldane wants to see sweeping changes to the way companies are run and bosses paid, as well as different shareholder ownership structures

7 Comments

estateagency_2185373g.jpg

Home ownership an 'empty promise' as house prices hit record highs

 

Monthly rises in the North East dwarf house price growth in London

 

santander_3390570g.jpg

Santander UK’s finance boss quits in frustration at float delays

 

Stephen Jones joined in 2011 to help the bank float, but there are currently no signs that the long-planned public listing will take place

Comment

 

Chinese stocks slide for a second day

 

china-stocks3_3389484d.jpg

China's main stock markets recover some of their losses following Monday's plunge, only to fall back again

 

 

wind_farm_3100213g.jpg

Drax attacks 'costly and unreliable' wind and solar

 

Yorkshire-based biomass power plant sparks row within green energy industry after attacking wind and solar

 

deepwater_1801346g.jpg

BP profits wiped out by latest legal bill from Deepwater Horizon explosion

 

 

royal-mail_2695354d.jpg Ofcom accuses Royal Mail of bid to crush competition with price hikes

 

 

 

supermarkets_1119536g.jpg

Sainsbury's becomes UK's second biggest supermarket as Asda stalls

 

Sales were up by 1pc at the Co-operative

 

 

Contactless_E00KA8_3182041g.jpg

Contactless cards replace cash as shoppers flash the plastic

 

Shoppers are using cards for smaller transactions

The UK is living off borrowed time - and money

 

There's a ray of hope that Greece can cure itself of the rat poison of austerity

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

As Tech Booms, Workers Turn to Coding for Career Change

 

By STEVE LOHR 10:30 AM ET

 

 

Schools that offer accelerated training in digital skills are drawing more and more “career changers,” and graduates can make six-figure base salaries.

 

 

 

29reboot-web1-sfSpan.jpg

Matt Edge for The New York Times

 

After a three-month course in computer programming and data analysis, Paul Minton, a former math major, moved up from waiting tables to a job as a data scientist, earning more than $100,000 a year.

 

 

 

 

 

 

 

 

 

 

 

28db-bank-thumbStandard.jpg

Executive Departure Draws Attention to Bank of America’s Growth Strategy

 

By JULIE CRESWELL and MICHAEL CORKERY 47 minutes ago

 

The departure of Bank of America’s chief financial officer stunned analysts, and raised new questions about the ability of the bank’s chief executive, Brian T. Moynihan, to keep it moving forward.

 

28chrysler-web2-thumbStandard.jpg

Big Fine for Fiat Chrysler, Then Further Penalties to Set Example for Industry

 

By BILL VLASIC

 

The automaker could pay up to $105 million in addition to giving authority to an independent safety monitor, buying back defective vehicles and paying consumers to participate in a Jeep recall.

 

29ford-web1-thumbStandard.jpg

Ford Earnings Jumped in 2nd Quarter

 

By AARON M. KESSLER

 

The automaker reported record profit in North America and an overall $1.9 billion in net income in the quarter.

 

28trade-thumbStandard.jpg

Issues Mount as Negotiators Gather to Wrap Up Trans-Pacific Trade Pact

 

By JONATHAN WEISMAN

 

The challenges make the prospect of closing a deal on the Trans-Pacific Partnership by the end of the week highly uncertain.

 

29BP-web-thumbStandard.jpg

BP Reports Loss as Oil Spill Settlement Takes Toll

 

By STANLEY REED and CLIFFORD KRAUSS 1:11 PM ET

 

The roughly 40 percent fall in oil prices since last year is also sharply cutting into profits at the British company and at other oil companies.

 

 

db-door-web1-thumbStandard.jpg

Top Official at Justice Dept. to Leave Post

 

By BEN PROTESS 10:01 AM ET

 

Marshall L. Miller, a close adviser to Loretta Lynch, will step down from his role as the criminal division’s No. 2 official.

 

29chinastock02-thumbStandard.jpg

Chinese Markets Uneasy After Huge Sell-Off

 

By NEIL GOUGH

 

Shanghai’s main share index fell sharply in the early hours, but ended down just 1.7 percent after the government pledged to support the market.

 

 

 

Earnings Reports

 

 

 

 

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

MasterCard's revenue misses estimates on higher incentives

 

8:07pm BST

 

New Bank of England rate-setter to keep interest in hedge fund

 

7:36pm BST

 

Bank of England creates capital buffer for banks to absorb losses

 

UK 7:22pm BST

 

Exclusive - GSK faces new corruption allegations, this time in Romania

 

7:19pm BST

 

Stocks climb ahead of Fed statement

 

FXpert 6:44pm BST

 

UK mortgage lending jumps in June, business lending plunges

 

UK, 5:53pm BST

 

Barclays to speed up cost-cuts and asset sales | btn_rel_video.gif

 

5:19pm BST

 

Barclays says doesn't expect to raise capital externally

 

5:19pm BST

 

Barclays must cut bureaucracy, exit some countries, new boss says

 

5:19pm BST

 

Barclays applies for new licence to meet UK ring-fence rules

 

5:19pm BST

 

Volkswagen lowers sales goal as China growth slows down

 

5:13pm BST

 

FTSE finishes higher, Hikma and GlaxoSmithKline boost

 

FXpert 4:55pm BST

 

Rolls-Royce wins $580 million engine servicing deal with Vietnam Airlines

 

Aerospace & Defence 4:30pm BST

 

Zurich Insurance says any RSA bid likely to be all in cash

 

4:28pm BST

 

Banks have not fully learned lessons from Libor scandal - UK watchdog

 

UK, FXpert 4:00pm BST

 

New British bank Atom raising 25 million pounds - sources

 

3:59pm BST

 

Lufthansa's risky bet with booking fees: will it pay off?

 

Aerospace & Defence 3:23pm BST

 

Disappointed ECB says euro zone economies further apart than at the start

 

3:00pm BST

 

Weak profit forecasts from merger partners beset LafargeHolcim

 

2:54pm BST

 

OMV to sell UK North Sea Rosebank project stake - sources

 

2:17pm BST

 

GSK flags up pipeline as HIV drugs help it beat profit forecasts

 

2:06pm BST

 

Irish central bank planning for possible 'Brexit'

 

2:01pm BST

 

Outside auditors should check bank capital, UK industry body says

 

1:33pm BST

 

UK July retail sales growth slows, outlook weakens - CBI

 

11:14am BST

 

China July official factory PMI seen steady at 50.2 but still tepid

 

11:07am BST

 

Britain's Greggs raises profit outlook again

 

11:04am BST

 

Taylor Wimpey, Foxtons say buyer interest heats up post-election

 

10:52am BST

 

China stocks bounce back as intervention restores stability

 

10:47am BST

 

Going for Gold(man) - UK bank analyst pay tops out at 71,000 pounds

 

10:32am BST

 

Total beats profit forecast, cost cuts to exceed targets

 

10:30am BST

 

Lone Star to buy UK property firm Quintain for 700 million pounds

 

10:13am BST

 

Premier Farnell sees lower first-half adjusted operating profit

 

10:12am BST

 

Caterer Compass warns profits to be hit by restructuring costs

 

9:54am BST

 

Celesio buys Sainsbury's pharmacies

 

9:40am BST

 

Sky beats year forecasts with broad demand across Europe

 

9:36am BST

 

Man Group gets first-half performance fee boost, shares rise

 

9:35am BST

 

Britain's Capita sees organic growth accelerating in 2016

 

9:32am BST

 

Antofagasta cuts annual copper output forecast on Antucoya project delay

 

Sport 9:05am BST

 

Total sells stake in Shetlands project to Britain's SSE

 

8:54am BST

 

India's SpiceJet in talks with Boeing, Airbus for $11 billion jet deal

 

Aerospace & Defence 8:50am BST

 

British American Tobacco beats expectations, shares up

 

8:41am BST

 

Shift to international clients boosts Jupiter first-half net revenue

 

8:39am BST

 

Tate & Lyle says trading in line with expectations

 

8:12am BST

 

Renishaw sees lower revenue for current full year

 

8:08am BST

 

Wizz Air upgrades annual profit guidance on strong summer travel

 

Aerospace & Defence 7:36am BST

 

Tullow remains in the red as weak oil prices eats into revenue

 

7:30am BST

 

National Express confident on 2015 after first-half profit rises

 

7:24am BST

 

Belgium's Solvay to buy U.S. peer Cytec for $5.5 billion

 

6:51am BST

 

Telefonica Deutschland second quarter core profit up 13.5 percent on data, E-Plus

 

6:49am BST

 

Peugeot profit surges, meets recovery goals early

 

6:42am BST

 

Fed expected to push ahead with rate hike plan

 

6:02am BST

 

British software firm Reward Gateway sold to U.S. private equity

 

5:03am BST

 

Twitter shares fall as growth of monthly users slows

 

2:51am BST

 

Twitter CEO Dorsey's criticism of company refreshing, analysts say

 

2:51am BST

 

UK's Quintain in takeover talks with U.S.-based Lone Star - Sky News

 

1:06am BST

 

Twitter shares fall as growth of monthly users slows

 

12:10am BST

 

Carlyle closes 3.5 billion euro European buyout 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.

Link to post
Share on other sites

Link to post
Share on other sites

US Fed moves closer to rate hike

 

 

 

 

The US central bank , the Federal Reserve, keeps its key interest rate on hold but indicates it is more positive on the US economy.

 

  • 21 minutes ago
  • From the section Business

 

 

Related content

 

 

 

Full article US Fed moves closer to rate hike

 

 

Live Business live: 29 July 2015

 

10 minutes ago

 

Aligned interests?

 

 

Full article Business live: 29 July 2015

 

 

 

 

 

 

 

 

 

Twitter's honesty hits shares

 

Twitter's shares plunge more than 13% after the firm warns it will take time to attract new users.

 

 

 

Related content

 

 

 

Full article Twitter's honesty hits shares

 

 

 

 

 

 

 

GlaxoSmithKline sees big profits fall

 

Pharmaceuticals giant GlaxoSmithKline (GSK) sees a big fall in second-quarter earnings amid continued pressure from generic drugmakers.

 

 

 

Related content

 

 

 

Full article GlaxoSmithKline sees big profits fall

 

Car repair bills 'like a lottery'

 

  • 29 July 2015
  • From the section Business

 

Full article Car repair bills 'like a lottery'

Barclays reports 25% rise in profits

 

  • 29 July 2015
  • From the section Business

 

Full article Barclays reports 25% rise in profits

Windows 10 launch is 'new era'

 

  • 29 July 2015
  • From the section Technology
  • 708 comments

 

Full article Windows 10 launch is 'new era'

 

 

 

Personal insolvency at 10-year low

 

 

Full article Personal insolvency at 10-year low

VW warns of 'challenges' ahead

 

 

Full article VW warns of 'challenges' ahead

Nintendo surprises with net profit

 

  • 29 July 2015
  • From the section Business

 

Full article Nintendo surprises with net profit

SSE buys gas field stake for £565m

 

 

Full article SSE buys gas field stake for £565m

FTSE boosted by company reports

 

 

Full article FTSE boosted by company reports

Uber sued over workers' rights

 

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

Barclays profits climb as investment bank makes surprise lurch to health

 

barclays_3378012d.jpg

Pre-tax profits rose to £3.1bn in the six months to the end of June

diamond1_1482055g.jpg

Libor-style scandals could happen again as banks are failing to reform, says FCA

 

No bank or brokerage has taken enough action to enforce good behaviour, the Financial Conduct Authority says

 

 

rouble_3391430g.jpg

Russia tries to halt rouble slide as crisis returns to haunt Putin

 

Russia’s central bank halts daily purchases of foreign currency after the rouble hits 60 to the dollar

101 Comments

coenew_3391825g.jpg

Chime in sale talks with WPP and Providence

 

Providence Equity Partners and rival WPP could snap up the British marketing company for more than £350m.

Comment

gherkin_1249604g.jpg

Prove you understand your risks or hold more capital, banks told

 

Banks will have to build up bigger buffers if they cannot show their whole culture is geared to prudent risk management, the Bank of England has said

1 Comment

China 'still learning how stock markets work', says IMF chief

 

china_3391530d.jpg

Christine Lagarde says China's stock market had seen an 'extraordinary' rise before it dropped last week

3 Comments

 

71735142_This_June_3391720g.jpg

Weak inflation stalls hopes of Federal Reserve interest rate rise

 

US central bank acknowledges that low inflation could mean slower progress in raising rates

2 Comments

sainsbury-pharmaci_3390854g.jpg

Sainsbury's sells pharmacy business to rival LloydsPharmacy

 

Pharmacy business goes to Celesio, German parent of LloydsPharmacy

 

 

fortitude-michael-_3181712g.jpg

Sky calls for BBC iPlayer to be opened up

 

Now TV delivers in the UK as operator prepares for first season without Champions League football

 

Wembley developer Quintain scores £700m bid from privaty equity firm Lone Star

 

wembley-new-look_3390819d.jpg

Quintain's share price rocketed by almost 25pc on the news

 

Barclays must decide what kind of bank it wants to be

 

The UK is living off borrowed time - and money

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 Indicates It Is Close to Raising Interest Rates as Labor Market Tightens

 

By BINYAMIN APPELBAUM 2:09 PM ET

 

 

The central bank was upbeat, saying that while growth remained disappointing by historical standards, the economy was expanding moderately.

 

 

 

fedliftoff-jobs1-sfSpan.jpg

Casey Kelbaugh for The New York Times

 

 

When Will the Fed Raise Rates?

 

By KEVIN GRANVILLE

 

More than seven years ago the Federal Reserve put its benchmark interest rate close to zero, as a way to bolster the economy. But that policy is about to change.

 

 

 

 

 

 

 

 

 

 

 

30db-rico-web1-thumbStandard.jpg

Puerto Rico Missing Bond Payment Might Bring Woe, if Not Default

 

By MARY WILLIAMS WALSH 1:57 PM ET

 

Puerto Rico says it may not be in default for failure to pay moral obligation bonds, but financial experts say nonpayment would have reverberations.

 

korea-kimchi-deficit-thumbStandard.jpg

Chinese Trade Rules Put South Korea’s Kimchi Industry in a Pickle

 

By ALEXANDRA STEVENSON 11:43 AM ET

 

South Korea is not permitted to export kimchi, fermented cabbage, to China, but cheaper Chinese kimchi flows freely into South Korea, competing with the domestic product.

 

 

Bits Blog

 

29bits-livetxt-thumbStandard.jpg

Yahoo Offers New Mobile Chat Service Featuring Silent Video

 

By VINDU GOEL 1:08 PM ET

 

Last year, Yahoo all but gave up on updating its Messenger mobile apps. Now, the company is introducing a new, decidedly quirky messaging app with a surprising combination of features.

 

29FACEBOOKweb-thumbStandard.jpg

Facebook Expands in Politics, and Campaigns Find Much to Like

 

By ASHLEY PARKER

 

The social networking giant has increased its government and politics team, and it has rolled out several products since the last presidential vote to help campaigns.

 

ups-web1-thumbStandard.jpg

UPS Agrees to Buy 46 Million Gallons of Renewable Diesel

 

By DIANE CARDWELL

 

The package delivery giant wants to displace 12 percent of the petroleum-based fuels in its ground fleet by 2017 and hopes to stimulate investment.

 

30greekdebt-web-thumbStandard.jpg

Tsipras Seeks to Avert Party Split as Greece’s Creditors Arrive for Talks

 

By NIKI KITSANTONIS 11:46 AM ET

 

As dissenters pushed for a congress of his Syriza party, the premier said that sealing an agreement on a bailout was the current priority.

 

 

 

29DB-HACK-thumbStandard-v2.jpg

U.S. Extends Investigation of JPMorgan Chase Hacking

 

By MATTHEW GOLDSTEIN

 

Federal authorities say they believe that some of the people suspected in last summer’s big online attack against JPMorgan Chase also turned to friends and acquaintances to further their ends.

 

 

 

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

Oil companies slash spending, jobs as prices slide for second time

 

7:34pm BST

 

U.S. rate hike prospects lift dollar, Treasury yields

 

FXpert 6:56pm BST

 

EU regulators to decide on 47 billion pound Shell, BG deal by September 2

 

6:52pm BST

 

Starwood Hotels reaches out to potential bidders - sources

 

6:31pm BST

 

Consumer spending bolsters U.S. second-quarter growth | btn_rel_video.gif

 

6:04pm BST

 

FTSE reaches one-week high as energy shares rally

 

FXpert 5:44pm BST

 

New BoE policymaker's hedge fund interests to face scrutiny - lawmaker

 

5:20pm BST

 

UK financial watchdog shuffles pack as it hunts for new CEO

 

5:03pm BST

 

Step aside, here come Europe's hot economies: Spain and Ireland

 

4:51pm BST

 

BAE Systems says still waiting for expected combat jet orders | btn_rel_video.gif

 

Aerospace & Defence 4:01pm BST

 

Euro zone's inflation-less recovery gains traction

 

3:43pm BST

 

Ryanair says won't accept IAG offer for Aer Lingus until mid-August

 

Aerospace & Defence 3:37pm BST

 

Start-up British brokers get lift from market volatility

 

UK, 3:33pm BST

 

UK recovery boosts Santander revenues, but Spain lags

 

Spain 2:52pm BST

 

With no sign of oil price rebound, Shell wields axe again | btn_rel_video.gif

 

2:44pm BST

 

Edging towards rate hike, BoE sets out money market reform plan

 

2:34pm BST

 

Shell to 'take a good look' at North Sea after BG deal | btn_rel_video.gif

 

2:18pm BST

 

UK ruling could land banks with 33 billion pound compensation bill - study

 

1:42pm BST

 

China shares slide as banks investigate their market exposure

 

1:21pm BST

 

Lloyd's of London applies to open up in Malaysia

 

1:10pm BST

 

UK's Countrywide forecasts fewer house deals this year

 

1:09pm BST

 

Irish economy grows strongly as it looks to lead EU again

 

1:08pm BST

 

ECB's money-printing working though deflation, growth threats persist

 

12:58pm BST

 

China vows more targeted policy steps to lift economy

 

12:52pm BST

 

Idemitsu Kosan to buy Shell's stake in Japanese refiner for $1.4 billion

 

Japan 12:25pm BST

 

German inflation stays very low in July, state data suggests

 

11:22am BST

 

Delphi Automotive to buy UK's HellermannTyton for about 1.07 billion pounds

 

11:18am BST

 

Insight - Failed FT bid shows Axel Springer caught between tradition and ambition

 

11:08am BST

 

Santander's UK arm won't be spun off in next two years - UK CEO

 

11:04am BST

 

Rolls-Royce's half-year profit slumps, forecast unchanged

 

Aerospace & Defence 10:55am BST

 

Deutsche Bank says legal charges threaten its recovery

 

10:53am BST

 

Thomas Cook says Tunisia, Greece and forex to dent profit

 

Middle East 10:50am BST

 

Lufthansa braces for battle with budget rivals in home market

 

Aerospace & Defence 10:49am BST

 

UK watchdog bans former Rabobank trader after Libor conviction

 

10:29am BST

 

Renault profit surge fails to wow amid pricing slide

 

10:24am BST

 

Sanofi's diabetes sales slow, Genzyme's jump

 

10:16am BST

 

Centrica to shed assets, staff, to focus on supply, services

 

UK 10:07am BST

 

Audi cuts 2015 car sales outlook on China

 

9:54am BST

 

German unemployment rises but economy seen powering ahead

 

9:41am BST

 

BT on track for full year due to broadband, pay-TV demand

 

UK 9:39am BST

 

Unexpected RBS profit boosts chance of early share sale

 

9:35am BST

 

Chime in advanced takeover talks with WPP-Providence consortium

 

9:30am BST

 

Diageo signals turnaround after another flat year

 

9:22am BST

 

AstraZeneca beats profit forecasts, helped by external deals

 

8:57am BST

 

UK fund firm Schroders tops forecasts on strong inflows

 

8:54am BST

 

Henderson first-half pretax profit up 29 percent, market outlook uncertain

 

8:51am BST

 

Babcock sees slowdown in defence revenue

 

8:43am BST

 

Samsung Electronics cautious on second half; capital returns disappoint | btn_rel_video.gif

 

8:42am BST

 

RBS says not in talks with U.S. authorities over mortgage settlements

 

8:36am BST

 

Dutch PostNL agrees to management buyout of UK arm Whistl

 

UK 8:35am BST

 

Euronext's core profit jumps on strong cash trading

 

8:31am BST

 

Spectris sees full-year profit at lower end of market expectations

 

8:13am BST

 

Spain's Telefonica lifts revenue forecast but margins pressured

 

Spain 8:11am BST

 

Weir Group's first half profit falls 40 percent hurt by slump in oil

 

8:01am BST

 

Moneysupermarket.com first-half up 28 percentt, year outlook improves

 

7:53am BST

 

Laird's first-half statutory pretax profit jumps 35 percent

 

7:46am BST

 

Rentokil on track to deliver full-year expectations

 

7:33am BST

 

Lloyds sells 2.6 billion pounds of Irish loans to Goldman, CarVal, BoI group

 

7:23am BST

 

U.S. second-quarter GDP seen rebounding on consumer spending, housing

 

6:07am BST

 

BOJ's Ishida warns of stimulus costs, future imbalances

 

Japan 5:28am BST

 

Japan June factory output subdued, second-quarter GDP contraction eyed

 

Japan 5:08am BST

 

Uber launches car leasing unit, makes entry into financial services

 

4:56am BST

 

Samsung Electronics says second-quarter Galaxy S6 sales below expectations

 

2:12am BST

 

U.S. Federal Reserve says economy improving; September rate hike in view | btn_rel_video.gif

 

1:30am BST

 

Bank of England's Cunliffe sees worry over market reaction to a U.S. rate hike

 

1:29am BST

 

Facebook profit falls nine percent as costs soar

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

IMF wary of third Greek bailout

 

 

 

 

The International Monetary Fund is wary of any financial contribution to a third Greek bailout and is unlikely to provide funds at the first stage.

 

  • 31 minutes ago
  • From the section Business

 

 

Related content

 

 

 

Full article IMF wary of third Greek bailout

 

 

Live Business live: 30 July 2015

 

16 minutes ago

 

The US Treasury has imposed fresh sanctions on people and firms said to have evaded previous sanctions related to Russia and Ukraine. Sanctions have been…

 

 

Full article Business live: 30 July 2015

 

 

 

 

 

 

 

 

 

US economic growth picks up to 2.3%

 

The US economy grew at an annualised pace of 2.3% in the three months to June, official figures show.

 

 

 

Related content

 

 

 

Full article US economic growth picks up to 2.3%

 

 

 

 

 

 

 

UK now Santander's biggest market

 

The UK has become Santander's most profitable market, generating just over a fifth of the bank's profits in the first half of 2015.

 

 

 

Related content

 

 

 

Full article UK now Santander's biggest market

 

EDF loses 266,000 UK customer accounts

 

 

Full article EDF loses 266,000 UK customer accounts

British Gas owner cuts 6,000 jobs

 

  • 8 hours ago
  • From the section Business
  • 683 comments

 

Full article British Gas owner cuts 6,000 jobs

Royal Dutch Shell cuts 6,500 jobs

 

 

Full article Royal Dutch Shell cuts 6,500 jobs

 

 

 

RBS reports £153m first-half loss

 

 

Full article RBS reports £153m first-half loss

Sony's net profit more than triples

 

  • 30 July 2015
  • From the section Business

 

Full article Sony's net profit more than triples

Tunisia and Greece hit Thomas Cook

 

 

Full article Tunisia and Greece hit Thomas Cook

Shell and Rolls pull FTSE higher

 

 

Full article Shell and Rolls pull FTSE higher

Sales flat for drinks giant Diageo

 

 

Full article Sales flat for drinks giant Diageo

Pension exit fee consultation starts

 

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

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...