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The great interest rate rip off part 10


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Buffett pays high price for Precision Castparts | btn_rel_video.gif

 

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Outgoing Bank of England official saw 'reasonable' case for August rate hike

 

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Ryanair in talks on first interlining deals with long-haul carriers

 

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Crude oil rebounds along with U.S. gasoline, weaker dollar helps

 

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Pricing widens to help EMEA buyout loans close

 

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IMF thinks Greece needs third bailout worth 90 billion euros - German daily

 

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ECB funding to Greek banks falls by 1.5 billion euros in July

 

World 3:58pm BST

 

UK farmers protest over fear of financial ruin from low milk prices

 

UK, 3:49pm BST

 

Bank of England's Shafik says has no intention of moving jobs

 

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Banks build capital to keep regulators and investors sweet

 

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Russian economy shrinks 4.6 percent year on year in second quarter

 

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China's Bohai Leasing in exclusive talks to buy Avolon for $2.64 billion

 

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Exclusive - China considers replacing head of markets regulator: sources

 

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Reuters poll - Greece and creditors likely to wrap up deal this week: traders

 

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Germany wants strict conditions attached to new Greek bailout

 

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First Greek bank bailout cash could come before stress test - euro zone source

 

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Alibaba to invest $4.6 billion in China electronics retailer Suning

 

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OECD indicator firms for euro zone, slips for U.S. and UK

 

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European Commission says talks with Greece progressing, deal can be reached

 

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Standard Chartered picks head of sanctions compliance in New York

 

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Euro zone sentiment index dips in August - Sentix

 

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IG Group CFO resigns to join investment firm Hargreaves

 

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China says property market to continue recovering in second half

 

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Japan June current account in surplus, marks biggest H1 gain since 2010

 

Japan 3:17am BST

 

NAB third-quarter cash profit rises 9 percent, but margins fall

 

Australia 1:45am BST

 

NAB third-quarter cash profit rises 9 percent, but margins fall

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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Network Rail fined £2m for delays

 

 

 

 

Network Rail is fined £2m by the rail regulator over train delays and cancellations in 2014-15.

 

  • 7 hours ago
  • From the section Business
  • 342 comments

 

 

 

Full article Network Rail fined £2m for delays

 

 

Live Business live: 10 August 2015

 

27 minutes ago

 

The latest quarterly outlook on jobs and pay was published today by the Chartered Institute of Personnel and Development (CIPD). It is based on replies…

 

 

Full article Business live: 10 August 2015

 

 

 

 

 

 

 

 

 

Sport Premier League & NBC agree new deal

 

The Premier League announces a new deal with American broadcaster NBC to show live football matches for the next six years.

 

 

 

 

Full article Premier League & NBC agree new deal

 

 

 

 

 

 

 

Germany 'gained from Greek crisis'

 

The Greek debt crisis has saved the German government some €100bn in lower borrowing costs, a study finds.

 

  • 1 hour ago
  • From the section Europe

 

 

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Full article Germany 'gained from Greek crisis'

 

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Esure profits fall after claims soar

 

  • 10 August 2015
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  • 1 hour ago
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  • 10 August 2015
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Full article UK nightclubs closing at 'alarming rate'

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  • 10 August 2015
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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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Share on other sites

Carphone Warehouse hackers 'used traffic bombardment smokescreen'

 

Carphone-Warehouse_3153776d.jpg

Theft of 2.4 million personal details as systems came under DDoS attack

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Network Rail faces £2m fine from regulator over travel chaos

 

The Office of Rail and Road found that recent delays and cancellations amounted to a breach of Network Rail's licence

 

70928651_A_Greek_n_3379218g.jpg

Germans and Slovaks stand ready to scupper Greek deal

 

Slovakian PM says not "one cent" of taxpayer money will pay for Greek debt write-off as Germans look to split loans into smaller tranches

 

Russia crisis deepens as economy slides into worst recession since 2009

 

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Latest GDP figures show rate of economic contraction doubled to 4.6pc as oil price collapse threaten Putin's finances

 

Alibaba agrees £4.4bn tie-up with Chinese electronics giant Suning

 

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Internet shopping giant buys 20 per cent stake in bricks and mortar retailer in latest acquisition as Alibaba attempts to diversify

 

Leeds housing gets a £162m shot in the arm thanks to Legal & General’s ‘slow money’

 

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Insurance group is investing its 'slow money' in housing projects across the country

 

supermarkets_1119536d.jpg Supermarket turmoil causes UK plc profits plunge

 

 

 

gocompare_1792276g.jpg

Esure says motorists will pay the price for rise in claims

 

Insurer says premiums will rise as its own profits fall 21pc

 

China’s stocks rise as merger speculation offsets weak economic data

 

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Asian shares edged higher, but remain at historic lows on the back of weak industrial data from China on Friday

 

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Hargreaves Lansdown poaches IG's Chris Hill to become new CFO

 

Chris Hill will join Hargreaves next February

A slowdown in China’s high-speed economy may be a boost for Britain

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

Investors Find Ways to Indirectly Profit From Valuable Start-Ups

 

By KATIE BENNER

 

 

Companies without deep pockets and connections are coming up with roundabout ways to get a piece of the action.

 

 

 

0810BIZINVEST-sfSpan-v2.jpg

Peter Earl McCollough for The New York Times

 

Jackie Fertitta, left, Frank Timons and LeAnne Schweitzer of Pier 88 Investment Partners, a small hedge fund in San Francisco that was founded in 2013.

 

 

 

 

 

 

 

 

 

 

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On the Defensive, the S.E.C. Quietly Pursues High-Profile Cases

 

By ALEXANDRA STEVENSON and MATTHEW GOLDSTEIN

 

The Securities and Exchange Commission continues to adapt its regulatory role, pushing ahead with insider trading cases and one involving cybersecurity.

 

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Jack Dorsey and Other Twitter Insiders Make Show of Support

 

By MIKE ISAAC 1:54 PM ET

 

The interim chief executive is among a group of executives making stock purchases during one of the company’s most difficult times.

 

11db-berkshire-web1-thumbStandard.jpg

Warren Buffett’s Berkshire Hathaway to Buy Aerospace Supplier for $37.2 Billion

 

By MICHAEL J. de la MERCED and CHAD BRAY 2:18 PM ET

 

The transaction for Precision Castparts is the latest major deal for Mr. Buffett’s company as it has looked to strike a big takeover.

 

Bits Blog

 

Study of Ad-Blocking Software Suggests Wide Use

 

By MARK SCOTT

 

Almost 200 million people worldwide now regularly use ad-blocking software. About 45 million of them are in the United States and 77 million in Europe.

 

Mallinckrodt Pharmaceuticals to Acquire Therakos for $1.33 Billion

 

By CHAD BRAY 11:45 AM ET

 

The deal for Therakos, a maker of immunotherapy drugs, is expected to broaden Mallinckrodt’s offerings and to expand its business in hospitals.

 

10COKE-1-thumbStandard.jpg

Coca-Cola Funds Scientists Who Shift Blame for Obesity Away From Bad Diets

 

By ANAHAD O’CONNOR 1:07 PM ET

 

The company supports a new nonprofit, the Global Energy Balance Network, that promotes a “science-based” approach to weight control: Get more exercise and worry less about cutting calories.

 

10finlandtech-thumbStandard.jpg

After Nokia Layoffs, Tech Workers in Finland Regroup and Refocus

 

By MARK SCOTT

 

Thousands of laid-off workers have started their own businesses or have been recruited by other tech companies lured to Finland by its surplus of talent.

 

10mtime1-thumbStandard.jpg

Mtime Helps Hollywood Clear China’s Marketing Hurdles and Reach Fans

 

By BROOKS BARNES and AMY QIN

 

Trailers and TV ads are tough marketing tools to use in China, but the service Mtime offers packages to help American filmmakers reach a huge, and quickly growing, audience.

 

 

 

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

China devaluation clobbers stocks, dollar gains on forex fear

 

FXpert 8:24pm BST

 

Analysis - Buffett's biggest deal casts light on pension burden

 

7:40pm BST

 

Oil down 5 percent after China yuan devaluing, weak OPEC outlook

 

FXpert 7:35pm BST

 

Symantec to sell Veritas for $8 billion to focus on security software | btn_rel_video.gif

 

7:33pm BST

 

China's devaluation fires cannon in global currency war | btn_rel_video.gif

 

FXpert 7:20pm BST

 

U.S. warns China against backsliding on currency commitments

 

FXpert, 7:20pm BST

 

Greece and lenders agree bailout after all-night talks | btn_rel_video.gif

 

World 6:31pm BST

 

Berlin says Merkel, Tsipras spoke by phone on Tuesday

 

World 6:22pm BST

 

Google morphs into Alphabet; investors cheer clarity | btn_rel_video.gif

 

6:07pm BST

 

Google overhaul 'shareholder friendly' but details scarce | btn_rel_video.gif

 

6:07pm BST

 

BMW looks at whether Google's Alphabet infringes trademark rights

 

6:07pm BST

 

Bank of England to look more closely at costs of financial regulation

 

UK 6:05pm BST

 

BMW heir Stefan Quandt asks for exemption from takeover bid rule

 

5:43pm BST

 

BMW's car sharing to seek franchise partners - Handelsblatt

 

5:42pm BST

 

India set to seek $99 million in damages from Nestle after food scare - government source

 

5:33pm BST

 

Exclusive - Macquarie to enter U.S ETF market making business

 

Australia 5:23pm BST

 

FTSE falls as China devaluation hits Burberry, mining stocks

 

FXpert 4:58pm BST

 

Greek PM seeks parliament approval of bailout by Thursday

 

World 4:52pm BST

 

China's big-spending tourists pause at stores as yuan drops

 

FXpert, 4:24pm BST

 

UK business body welcomes China's yuan devaluation

 

FXpert 4:17pm BST

 

OPEC says cheap oil taking longer to subdue rival suppliers

 

3:46pm BST

 

U.S. productivity rises in second quarter, but trend still soft

 

3:35pm BST

 

Russian firms, banks shrink as they face fresh peak debt payment

 

3:24pm BST

 

Jaguar Land Rover eyes Slovakia for new plant

 

3:17pm BST

 

Germany to carefully examine Greek bailout deal - deputy finance minister

 

World 2:49pm BST

 

Iran says oil output will not rise until sanctions relief

 

2:10pm BST

 

Eurogroup to meet Friday for Greece deal talks - Spain's Rajoy

 

World 12:23pm BST

 

Greek bailout package 82-86 billion euros - EU source

 

World 12:21pm BST

 

China devalues yuan after poor economic data | btn_rel_video.gif

 

12:19pm BST

 

Factbox - Reforms Greece must make for its bailout

 

World 12:05pm BST

 

China strengthens hold over oil market as price maker

 

FXpert 11:49am BST

 

Shares in Serco climb after it maintains profit guidance

 

11:48am BST

 

Greece says bailout package to be 85 billion euros over three years

 

World, IMF 11:28am BST

 

EU Commission says in principle Greek bailout deal achieved

 

World 11:27am BST

 

Greek markets surge as Athens clinches bailout deal

 

World 11:15am BST

 

German investor morale slumps on angst about global outlook

 

11:02am BST

 

Co-op Bank escapes punishing fines for past failings

 

10:36am BST

 

Adecco quarter two raises concerns about margin target

 

10:16am BST

 

Toshiba to write down over 513 million pounds after accounting probe - Nikkei

 

10:10am BST

 

Prudential profits jump 17 percent on Asia, UK growth

 

10:06am BST

 

Dutch engineering group Imtech granted protection from creditors

 

9:58am BST

 

Spread between onshore and offshore yuan widens to biggest since September 2014

 

9:54am BST

 

China's devaluation spurs jitters in overseas yuan markets

 

9:54am BST

 

Analysts sharply cut Japan growth forecasts, cloud BOJ optimism

 

Japan 9:53am BST

 

Exor to get 40 percent of The Economist after Pearson stake sale - source

 

9:40am BST

 

Just Retirement to buy rival in 669 million pound deal

 

9:27am BST

 

Hong Kong shares slip after yuan devaluation, airlines down

 

Aerospace & Defence 9:13am BST

 

Dutch insurer Delta Lloyd shares fall on capital setback

 

8:56am BST

 

Germany voices cautious on Greek 'business model'

 

World 8:11am BST

 

Automakers feel China heat as buyers burnt by stocks rout desert showrooms

 

8:07am BST

 

Adecco expects growth in France to pick up - CEO

 

7:55am BST

 

Ladbrokes first-half profit falls 44 percent

 

7:32am BST

 

Japan anxious at lull, U.S. 'giving up', in pan-Pacific trade talks

 

Japan 7:31am BST

 

Jungheinrich lifts forecast on strong quarter two, buys Mias

 

7:11am BST

 

Greek finance minister says 'minor issues' pending with lenders

 

World 6:54am BST

 

China July loan growth surprises after stock market rescue

 

5:56am BST

 

New Google CEO Pichai made ascent with low-key style and technical chops

 

5:49am BST

 

Symantec agrees to sell data storage unit to Carlyle - source

 

5:12am BST

 

Hyundai Motor Group says to launch wage peak system from 2016

 

4:04am BST

 

China's yuan headed for record fall after PBOC reform

 

3:46am BST

 

Greece and lenders agree on primary budget targets - official

 

World 3:42am BST

 

Google morphs into Alphabet Inc, investors cheer clarity | btn_rel_video.gif

 

12:50am BST

 

Buffett pays high price for Precision Castparts | btn_rel_video.gif

 

Aerospace & Defence 12:47am BST

 

Buffett bets Precision can deliver long-term as aircraft sales grow

 

Aerospace & Defence 12:46am BST

 

Greece, lenders locked in marathon talks for bailout deal

 

12:13am BST

 

UK July food sales soggy after BBQs rained off - BRC

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

Greek deal agreed 'in principle'

 

 

 

 

Greece agrees a bailout deal "in principle" with its creditors, with the Athens parliament expected to vote on the plan on Thursday.

 

  • 3 hours ago
  • From the section Business
  • 463 comments

 

 

Related content

 

 

 

Full article Greek deal agreed 'in principle'

 

 

Live Business live: 11 August 2015

 

25 minutes ago

 

The Associated Press has this interesting story from Venezuela. The country's largest beer manufacturer says it will restart operations after shortages of raw materials led…

 

 

Full article Business live: 11 August 2015

 

 

 

 

 

 

 

 

 

32 charged over insider trade 'hack'

 

US authorities have charged a total of 32 members of an alleged international hacking and insider trading ring.

 

 

 

Related content

 

 

 

Full article 32 charged over insider trade 'hack'

 

 

 

 

 

 

 

China devalues yuan to three-year low

 

China's central bank devalues the yuan to its lowest rate against the US dollar in almost three years, calling it a "one-off" adjustment.

 

  • 11 August 2015
  • From the section Business

 

 

Related content

 

 

 

Full article China devalues yuan to three-year low

 

Google shares up 5% on restructuring

 

 

Full article Google shares up 5% on restructuring

Tube workers announce fresh strikes

 

  • 2 hours ago
  • From the section London

 

Full article Tube workers announce fresh strikes

Homeowners hurry to remortgage

 

 

Full article Homeowners hurry to remortgage

 

 

 

Yuan devaluation pulls down FTSE 100

 

 

Full article Yuan devaluation pulls down FTSE 100

Asia and US boost Prudential profit

 

 

Full article Asia and US boost Prudential profit

Co-op Bank escapes regulatory fine

 

Full article Co-op Bank escapes regulatory fine

Ladbrokes profits hit by writedowns

 

Full article Ladbrokes profits hit by writedowns

Policymaker close to rate 'yes' vote

 

Full article Policymaker close to rate 'yes' vote

Mone to lead entrepreneurship review

 

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

Greek debt deal reached but targets branded 'utterly unachievable'

 

newPic_1930_PNG_3404872d.jpg

Broad terms of a third bail-out deal for Greece agreed after marathon talks, but economists say fiscal targets are "fantasy" and will not be met

25 Comments

Google and Alphabet: What does this all mean?

 

larrypage_3404531d.jpg

Q&A: Google chief executive Larry Page has announced a dramatic restructuring of the company that will see it renamed Alphabet. We explain.

 

 

China’s renminbi gambit: why it has devalued the yuan

 

yuan_1667792g.jpg

Fears of slowing growth and a desire to have the renminbi recognised as an elite currency have prompted China to devalue the yuan

 

 

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US authorities break up 'insider trading ring' that used Ukrainian hackers

 

Almost two dozen people face criminal and civil charges over trades based on hacked results announcements

 

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Pension firms Just Retirement and Partnership agree £1.7bn merger

 

The annuities specialists have joined forces after government pension reforms hammered their businesses

 

Why are Britain's nightclubs in such a desperate situation?

 

minstry_2676943d.jpg

 

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Marks & Spencer says farewell to womenswear boss

 

Frances Russell, who headed the high street retailer's womenswear division, is leaving the business in the latest key management shake-up

 

 

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Prudential impresses with first post-Thiam results

 

Insurance group expresses confidence in Asian business despite market volatility

 

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Homeowners in frantic race to remortgage before rates go up

 

Borrowers are locking in low interest rates now in the expectation that the Bank of England will increase the cost of borrowing in the next few months

 

Johnston Press sizes up competition for possible merger

 

highfield_2998583d.jpg

Chief executive of the Scotsman publisher Johnston Press considers merger with local media revials following a recent share price fall

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

Tentative Greek Debt Accord Might Do Little to Revive Economy

 

By LIZ ALDERMAN 2:42 PM ET

 

 

The plan, outlined in a 20-hour negotiating session, would provide aid worth up to about $95 billion in exchange for harsh austerity terms.

 

 

 

 

11colbert-web-sfSpan.jpg

Richard Shotwell/Invision, via Associated Press

 

 

Stephen Colbert Makes Plans, and Prays for Trump

 

By JOHN KOBLIN

 

The new host of “The Late Show” on CBS says he’s eager to get back onstage and jokingly shared his hopes regarding Donald J. Trump’s presidential campaign.

 

 

 

 

State of the Art

 

11state3-thumbStandard.jpg

With Google as Alphabet, a Bid to Dream Big Beyond Search

 

By FARHAD MANJOO

 

From Google’s start, Larry Page has been afflicted with a desire for two competing corporate virtues: focus and expansiveness.

 

 

 

12alphabet-thumbStandard.jpg

Google Creates Alphabet, but Runs Into BMW

 

By JACK EWING 10:45 AM ET

 

Alphabet is Google’s new entity that will house its search and other businesses, but BMW already has a unit called Alphabet and owns the domain name.

 

 

 

 

 

 

 

 

The Upshot

 

12UP-China-thumbStandard.jpg

Why Did China Devalue Its Currency? Two Big Reasons

 

By NEIL IRWIN 10:38 AM ET

 

The nation wanted to keep its economy on an even keel, but it is also looking to assert more leadership in the global economy.

 

 

 

12db-insider-web-thumbStandard.jpg

Nine Charged in Insider Trading Case Tied to Hackers

 

By ALEXANDRA STEVENSON and MATTHEW GOLDSTEIN 23 minutes ago

 

The international scheme generated more than $100 million in illegal profits, and the S.E.C. is bringing a parallel lawsuit in the case.

 

12nbcnews-web-thumbStandard.jpg

NBC ‘Nightly News’ Holds Lead in Fight for Viewers

 

By EMILY STEEL 1:29 PM ET

 

The network’s evening news broadcast, drew an average of 7.8 million total nightly viewers during the week of Aug. 3, more than ABC’s “World News Tonight” and CBS’s “Evening News.”

 

12Japan1-web-thumbStandard.jpg

Japan Restarts Reactor, Lifting 2-Year Ban Prompted by Fukushima Accident

 

By JONATHAN SOBLE

 

The reactor at the Sendai Nuclear Power Plant, in Kagoshima prefecture, is the first to return to service.

 

Carlyle Group and Other Investors to Acquire Veritas Technologies for $8 Billion

 

By CHAD BRAY

 

Carlyle said it had teamed up with G.I.C. of Singapore and others to buy the data storage company from the Symantec Corporation.

 

 

 

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

 

 

 

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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UK jobless total nudges higher

 

 

 

 

UK unemployment rose by 25,000 to 1.85 million in the April to June period but there are more people in work than a year ago, official figures show.

 

  • 2 hours ago
  • From the section Business
  • 1031 comments

 

 

Related content

 

 

 

Full article UK jobless total nudges higher

 

 

Live Business live: 12 August 2015

 

31 minutes ago

 

An extraordinary Eurogroup meeting - that's the eurozone finance ministers' gathering - has been called, on the topic of Greece, in Brussels on Friday. Ministers…

 

 

Full article Business live: 12 August 2015

 

 

 

 

 

 

 

 

 

China currency falls for second day

 

China's commerce ministry says a lower yuan will help exports, as the Central Bank cuts the currency's rate against the dollar for a second day.

 

 

 

Related content

 

 

 

Full article China currency falls for second day

 

 

 

 

 

 

 

Varoufakis: Bailout 'won't work'

 

Former Greek finance minister Yanis Varoufakis says the latest Greek bailout deal with its creditors will not work.

 

 

 

Related content

 

 

 

Full article Varoufakis: Bailout 'won't work'

 

Kraft Heinz announces 2,500 job cuts

 

 

Full article Kraft Heinz announces 2,500 job cuts

Pass on VAT saving, airport shops urged

 

  • 3 hours ago
  • From the section UK
  • 156 comments

 

Full article Pass on VAT saving, airport shops urged

G4S profits rise on emerging markets

 

 

Full article G4S profits rise on emerging markets

 

 

 

Pearson sells Economist Group stake

 

  • 12 August 2015
  • From the section Business

 

Full article Pearson sells Economist Group stake

Alibaba revenues miss expectations

 

 

Full article Alibaba revenues miss expectations

Shell Arctic drilling 'risky'

 

 

Full article Shell Arctic drilling 'risky'

FTSE drops as yuan fall hits markets

 

 

Full article FTSE drops as yuan fall hits markets

India sues Nestle over Maggi noodles

 

  • 12 August 2015
  • From the section India

 

Full article India sues Nestle over Maggi noodles

Greek deal agreed 'in principle'

 

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

In Former Hummer Plant in Indiana, Mercedes Turns Out S.U.V.s for China

 

By BILL VLASIC

 

 

An old plant has become an example of how a modest-size Rust Belt manufacturer can find its niche in an increasingly global automotive industry.

 

 

 

12AUTOjp-sfSpan.jpg

Andrew Nelles for The New York Times

 

Workers at the AM General plant in Mishawaka, Ind., will build Mercedes-Benz R-class luxury S.U.V.s for export to China.

 

 

 

 

 

 

 

 

 

 

 

greece-explain-topalt-thumbStandard.jpg

Germany, Less Defiant, Clearing Path for 3rd Greek Bailout

 

By ALISON SMALE, JACK EWING and JAMES KANTER 32 minutes ago

 

While a political obstacle course still lies ahead, officials in Berlin and Brussels are speaking of a markedly improved negotiating climate.

 

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Devaluation Hints at China’s Rising Distress Over Economy

 

By NEIL GOUGH 1:36 PM ET

 

With the Chinese renminbi now taking its biggest plunge in decades, the worry is that the country’s already slowing economy is even worse off and the government is panicking.

 

 

 

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Alibaba Profit Misses Expectations; $4 Billion Stock Buyback Is Planned

 

By PAUL MOZUR 9:36 AM ET

 

The Chinese e-commerce giant has had a turbulent first year as a public company, and its stock price has fallen about 35 percent from the highs of November 2014.

 

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F.D.A. Warns Company Over Kardashian Instagram Marketing

 

By CHRISTINE HAUSER 1:03 PM ET

 

The Food and Drug Administration said that Kim Kardashian West’s promotion of a morning-sickness product did not mention the drug’s risks.

 

News Analysis

 

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Handling of Donald Trump Puts Fox News on the Spot

 

By JONATHAN MAHLER

 

If there is a war between Donald Trump and Fox News, it is an unconventional one. It is not mutually assured destruction; it is mutually beneficial combat.

 

 

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Google Goal in Restructuring as Alphabet: Autonomy

 

By CONOR DOUGHERTY

 

The Internet giant has been short on details about how its reconfiguration as the entity Alphabet will work. But a look at Nest Labs may provide some clues.

 

 

 

 

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

Markets reel as investors fear worst of Chinese slowdown is yet to come

 

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Beijing's decision to let the yuan has spooked traders who believe the scale of China's slowdown is much worse than officials acknowledge

7 Comments Greece agrees draft deal with creditors - but waits for Germany to say yes

 

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Draft deal struck with Athens includes sale of ports and overhaul of healthcare industry

 

 

UK unemployment rises as wage growth suffers shock slowdown

 

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Office for National Statistics says second successive rise in UK unemployment suggests Britain's spectacular jobs growth could be 'levelling off'

 

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RBS gives its top staff £1.8m in stock awards - but boss pledges his share to charity

 

Ross McEwan said he would not take up the role-based allowance

 

Interserve in line for multi-million pound profit hit from changes to minimum wage

 

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The outsourcing and construction groups says the new national wage policy will drain £15m from profits next year

 

Watchdog cracks down on bonuses at payday lenders

 

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Consumer credit firms face a probe into their pay and incentive practices in an effort to cut down the risk of mis-selling

Comment

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Pearson to sell stake in The Economist for £469m

 

The company will sell its stake in the newspaper to Italian investor Exor and The Economist Group

 

Alibaba's shares slide to record low as revenue growth disappoints

 

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The Chinese e-commerce giant announced a $4bn share buyback scheme and posted a 28pc rise in quarterly revenues

Comment

Channel 4 backs sport producer owned by Jake Humphrey and David Coulthard

 

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Growth Fund investment in expansion of Whisper Films aims to introduce more competition to two-player live coverage market

 

Reckitt forced to license K-Y brand by competition regulator

 

Kraft Heinz slashes 2,500 jobs in US and Canada amid changing tastes

 

The Competition and Markets Authority said a competitor must be given time to develop a rival lubricant brand

The most important unanswered questions about the Greek bail-out deal

 

 

Labour’s desire to renationalise railways would fail passengers

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

China lets yuan fall further, fuels fears of currency war | btn_rel_video.gif

 

FXpert 6:57pm BST

 

Creditors to subject Greek deal to tough October review | btn_rel_video.gif

 

6:48pm BST

 

UK regulator wins 7.6 million pounds High Court 'layering' market abuse order

 

UK 6:07pm BST

 

RBS hands out $5.2 million in 'role-based' pay awards

 

5:54pm BST

 

Analysis - UK wage growth may level off, muddying rates picture for BoE

 

5:53pm BST

 

FTSE dragged lower by miners and Unilever

 

FXpert, 5:53pm BST

 

Yuan move probably appropriate if China slowing - Fed's Dudley

 

FXpert 5:52pm BST

 

China 'fully capable' of stabilising yuan - central bank economist

 

FXpert 5:52pm BST

 

Oil steady on U.S. stockpile decline, dollar drop

 

FXpert, 5:36pm BST

 

Fidelity National to buy software maker SunGard in $9.1 billion deal | btn_rel_video.gif

 

5:32pm BST

 

Global stocks, yields tumble after China lets yuan fall again

 

FXpert 5:24pm BST

 

Atom Bank taps video game technology to win mobile customers

 

5:05pm BST

 

German Finance Ministry says Berlin does not reject Greek bailout

 

4:23pm BST

 

Alibaba shares hit record low after earnings miss

 

4:18pm BST

 

Exclusive - Star trader Rokos courts investors for blockbuster hedge fund launch

 

4:17pm BST

 

Eurogroup to meet on Greece on Friday in Brussels - spokesman

 

4:14pm BST

 

German FinMin paper says Greek MoU lacks clarity on policy

 

4:13pm BST

 

IEA sees oil glut persisting despite soaring demand

 

FXpert, 3:59pm BST

 

Agnelli family lifts stake in The Economist as Pearson sells out | btn_rel_video.gif

 

UK, 3:46pm BST

 

UK watchdog requires Reckitt to license K-Y brand for 8 years

 

3:02pm BST

 

Germany views third Greek bailout package as insufficient - Bild

 

2:58pm BST

 

Exclusive - Greek bank access to bailout cash to be restricted: sources

 

2:54pm BST

 

Tata Steel says to continue talks to sell Europe long-products unit

 

2:29pm BST

 

Lower bonuses hit UK wage growth, jobless rate steady

 

UK 2:08pm BST

 

Varoufakis exit marked 'sea change' in Greek talks, EU sources say

 

2:06pm BST

 

Greece agrees steps to tackle banks' bad loans

 

2:05pm BST

 

Greek PM Tsipras says bailout deal will end economic uncertainty

 

1:00pm BST

 

Greek bailout deal will be get first review in October - EU sources

 

12:48pm BST

 

Germany says Greek MOU goes in 'right direction'

 

12:48pm BST

 

Alibaba's Suning deal a riposte to growing might of rival JD.com

 

12:47pm BST

 

Greek bailout bill submitted to parliament for approval

 

12:12pm BST

 

Exclusive - China steel exporters cut prices in bid to jump on yuan drop

 

12:10pm BST

 

Resurgent foreign trade seen helping drive German second quarter growth

 

12:08pm BST

 

Iran oil output could jump sharply post-sanctions - IEA

 

Middle East 12:03pm BST

 

Weaker euro zone output data suggests disappointing GDP - analysts

 

12:02pm BST

 

Balfour sees problem contracts resolved by end of 2016

 

11:14am BST

 

Insight - China central bank under pressure to weaken yuan further | btn_rel_video.gif

 

11:09am BST

 

LME fee increase had no impact on trading volumes - CEO

 

10:51am BST

 

Oil and gas problems pile up for new Bilfinger CEO

 

10:46am BST

 

Old Mutual creates investment division, reshuffles management

 

10:35am BST

 

Disciplined approach keeps G4S recovery on track

 

10:21am BST

 

Israel's Orange second-quarter profit slides 80 percent

 

Middle East 10:10am BST

 

Greece and lenders agree bailout, shares rally | btn_rel_video.gif

 

World 10:07am BST

 

Germany examining whether EU can guarantee Greek debt to IMF - Die Zeit

 

IMF, World 10:06am BST

 

Danish debit card sales rise 9.3 percent year-on-year in July - Nets

 

9:41am BST

 

E.ON confident on complex Urenco disposal - CEO

 

9:36am BST

 

Germany's Henkel reports 14 percent rise in quarter two sales

 

9:24am BST

 

Germany's Henkel says remains bullish on China

 

9:24am BST

 

Interserve warns that higher wage bill could stall growth

 

9:22am BST

 

Hong Kong stocks follow China, global markets lower on weaker yuan

 

9:16am BST

 

Italy June world trade surplus narrows year-on-year

 

9:13am BST

 

GSK shuts U.S. plant due to bacteria, no supply disruption seen

 

8:47am BST

 

Credit Suisse in talks to settle 'dark pool' allegations - WSJ

 

8:33am BST

 

China state-owned banks sell dollars to steady yuan - traders

 

FXpert 8:30am BST

 

Talanx sees no further writedowns in German life

 

8:28am BST

 

French June current account surplus highest since November 2011

 

8:25am BST

 

Property site Zoopla wins back agents, expects rise to continue

 

8:24am BST

 

China stocks drop as yuan falls further; airlines, property in the crosshairs

 

8:22am BST

 

Sweden's Industrivarden lures CEO from private equity

 

8:13am BST

 

BMW July sales rise 5.6 percent as Europe demand offsets China slump

 

8:10am BST

 

Imtech failed to pay its German arm 15 million pounds - administrator

 

7:59am BST

 

China economic growth falters in July, yuan's slide adds to worries

 

7:53am BST

 

Exor to get 40 percent of The Economist after Pearson stake sale - source

 

7:49am BST

 

China July property investment slows further, sales improve

 

7:45am BST

 

Exor ups stake in The Economist to 43.4 percent for 287 million pounds

 

7:44am BST

 

Zoopla says has started winning back lost agents

 

7:30am BST

 

China July steel output falls 4.6 percent on year - statistics bureau

 

7:24am BST

 

LME quarter two profit doubles as trading fee hike pays out

 

6:15am BST

 

Factbox - HKEx, LME initiatives after the $2.2 billion takeover

 

6:14am BST

 

China July fiscal spending jumps 24 percent to three-month high

 

5:15am BST

 

Bank of England to look more closely at costs of financial regulation

 

UK, 5:01am BST

 

UK business body welcomes China's yuan devaluation

 

FXpert 3:37am BST

 

China's big-spending tourists pause at stores as yuan drops

 

FXpert 3:37am BST

 

U.S. warns China against backsliding on currency commitments

 

FXpert 3:37am BST

 

OPEC says cheap oil taking longer to subdue rival suppliers

 

3:36am BST

 

Venezuela says pushing for OPEC, Russia action to stem oil fall

 

3:36am BST

 

Google buys time for bold bets with new Alphabet structure

 

1:47am BST

 

Google morphs into Alphabet; investors cheer clarity | btn_rel_video.gif

 

12:26am BST

 

New Google CEO Pichai made ascent with low-key style and technical chops

 

12:26am BST

 

Google overhaul 'shareholder friendly' but details scarce | btn_rel_video.gif

 

12:26am BST

 

GSK closes North Carolina plant after Legionnaires' bacteria found

 

12:20am BST

 

M&S's new clothing boss rings womenswear changes

 

12:09am BST

 

China devaluation sparks fear of currency war, angers U.S. lawmakers | btn_rel_video.gif

 

FXpert 12:07am BST

 

U.S. warns China against backsliding on currency commitments

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

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