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The great interest rate rip off part 10


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Draghi seeks to calm Europe bank fears

 

 

 

 

European Central Bank chief Mario Draghi seeks to calm fears about the health of European banks after a sharp fall in their share prices.

 

  • 15 February 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Aldi to hire 5,000 staff this year

 

Aldi says it will hire 5,000 more staff in the UK this year as the discount supermarket looks to open 80 new stores.

 

  • 15 February 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Live Business Live: European shares soar

 

Europe's biggest stock markets post healthy gains as ECB president Mario Draghi hints at more bond buying

 

 

 

 

 

 

FTSE 100 up 2% as rebound continues

 

  • 15 February 2016
  • From the section Business

 

 

Hornby shares soar as boss is derailed

 

  • 15 February 2016
  • From the section Business

 

 

HSBC to keep headquarters in London

 

  • 15 February 2016
  • From the section Business

 

 

 

 

 

Warning over weaker bank safety buffers

 

  • 15 February 2016
  • From the section Business

 

 

Steel protesters call for EU help

 

  • 15 February 2016
  • From the section Business

 

 

Garrett-Cox to leave Alliance Trust

 

  • 15 February 2016
  • From the section Business

 

 

Drones pose 'real threat' to aircraft

 

  • 15 February 2016
  • From the section Business

 

 

Reckitt Benckiser predicts 'tough' year

 

  • 15 February 2016
  • From the section Business

 

 

Japanese shares soar 7% on weaker yen

 

  • 15 February 2016
  • From the section Business

 

 

 

 

Also in the News

 

 

 

BT ad gets into a muddle about the net

 

 

 

 

 

Airbnb 'delisting hosts for no reason'

 

  • 15 February 2016
  • From the section Business

 

 

 

 

Features & Analysis

 

 

 

Safety check

 

Just how safe are our banks?

 

  • 15 February 2016
  • From the section Business

 

 

 

 

 

Child's play

 

The man who made millions putting kids to work

 

 

 

 

Lasting legacy

 

How can you make inheritance fairer?

 

 

 

 

 

 

 

 

Off target

 

Is it the end of 'Abenomics' in Japan?

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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Most vulnerable EU industries need 100 percent free carbon - France

 

7:36pm GMT

 

France fails to win immediate EU action on farming crisis

 

7:31pm GMT

 

Shell expects its Brazil output to quadruple by 2020 - CEO

 

7:13pm GMT

 

Saudi Naimi heading to Doha as OPEC diplomacy heating up

 

7:11pm GMT

 

ECB ready to act, keeps eye on bank stocks, oil prices - Draghi | btn_rel_video.gif

 

5:49pm GMT

 

European stocks rise sharply as banks and telecoms stocks climb

 

5:48pm GMT

 

German regulator to investigate 'closet index funds'

 

5:39pm GMT

 

French PM says firms shirking hiring pledges under tax break scheme

 

5:37pm GMT

 

Oil holds above $33/barrel on hopes OPEC could act

 

FXpert 5:29pm GMT

 

ECB backs proposals to revive EU market for asset-backed securities

 

5:17pm GMT

 

FTSE rises as Reckitt rallies

 

4:49pm GMT

 

Yen and euro sink as officials ease global nerves

 

FXpert 4:29pm GMT

 

BpiFrance sells remaining 1.7 percent stake in Valeo

 

4:08pm GMT

 

BoE's McCafferty sees wage growth, inflation pushed out further in future - WSJ

 

3:38pm GMT

 

EU deal with Britain should not stop euro zone integration - Draghi

 

3:30pm GMT

 

ECB can accept securities backed by bad loans as collateral, Draghi says

 

3:13pm GMT

 

Most UK firms seriously weighing risks of Brexit, says CBI head

 

2:59pm GMT

 

Factbox - Banks agree Brexit would be bad for UK growth, sterling. But how bad?

 

2:59pm GMT

 

UK regulators demand five-year references for senior bankers

 

2:37pm GMT

 

Modi urged to make reality match 'Make in India' hype | btn_rel_video.gif

 

World 2:28pm GMT

 

UBS rates bankers' behaviour in performance review revamp - sources

 

2:09pm GMT

 

ECB in talks with Italy over buying bundles of bad loans - Treasury

 

1:48pm GMT

 

Bundesbank warns Germany property is overpriced

 

1:34pm GMT

 

ECB in talks with Italy over buying bundles of bad loans - Treasury

 

1:33pm GMT

 

Vonovia deputy-CEO Zinnoecker leaves group

 

1:25pm GMT

 

Scottish minister worries remaining North Sea oil won't be extracted

 

1:12pm GMT

 

European Investment Fund to provide guarantees for Leumi tech loans

 

Middle East 1:07pm GMT

 

Shares climb as firmer Chinese yuan eases deflation fears

 

12:48pm GMT

 

German utilities urged to pledge cash for nuclear clean-up

 

Nuclear Power 12:44pm GMT

 

HSBC keeps headquarters in London, rejects move to Hong Kong

 

12:35pm GMT

 

Storm clouds gather on Italy's budget horizon

 

12:31pm GMT

 

Thyssenkrupp expands in response to new auto orders

 

12:21pm GMT

 

Bundesbank cuts German inflation forecast after oil dip

 

12:06pm GMT

 

Supermarket Aldi to take on 5,000 staff for British expansion

 

11:32am GMT

 

'Brexit' could lead to HSBC moving 1,000 jobs to Paris - Sky

 

UK, 11:12am GMT

 

HSBC shares indicated to open up 3.4 percent after HQ decision

 

11:08am GMT

 

Greek January central government budget surplus beats target, revenues in line

 

11:02am GMT

 

Spot price edges higher on tight supply

 

10:24am GMT

 

Bank of England too soft on banks' capital buffers - commission head

 

9:53am GMT

 

Shell pursues transition plan after sealing $53 billion BG deal

 

9:51am GMT

 

Japan ready to work with G7 to soothe markets - sources

 

G20, Japan 9:37am GMT

 

BAE Systems lines up oil executive Woodburn as next CEO

 

9:21am GMT

 

Japanese banks rush to cut deposit rates ahead of BOJ going negative

 

Japan 9:04am GMT

 

Reckitt Benckiser sales beat estimates on health focus

 

8:48am GMT

 

Russia - Better Iran-Saudi Arabia ties would help oil prices: RIA

 

8:29am GMT

 

China shares resume with modest losses, yuan firms despite trade slump

 

7:43am GMT

 

Acacia Mining's full-year core profit falls on lower gold prices

 

7:39am GMT

 

Global slowdown fears overshadow Singapore aviation show

 

Aerospace & Defence 7:36am GMT

 

Boeing sees new aircraft demand worth $550 billion in SE Asia in 20 years

 

Aerospace & Defence 7:34am GMT

 

Africa's big cities offer investors hope in hard times

 

7:18am GMT

 

Japan economy shrinks more than expected, highlights lack of policy options

 

Japan, G20 7:06am GMT

 

Malaysia Airlines says delays Airbus A380 sale for two years at least

 

Aerospace & Defence 6:57am GMT

 

Employers plan to rein in wage increases in 2016 - survey

 

UK 5:30am GMT

 

Southeast Asia's record jet orders seen at risk - IATA

 

Aerospace & Defence 4:10am GMT

 

Airlines reject criticism of fares after oil price drop

 

Aerospace & Defence 4:09am GMT

 

Japan PM Abe: Hope G20 take appropriate steps on global woes

 

G20, Japan 3:02am GMT

 

Japan's Suga - Expect economy will recover moderately

 

Japan 2:33am GMT

 

HSBC drops plan for 2016 pay freeze in speedy backpedal

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

Botched Brexit negotiations 'could damage the eurozone'

 

unionflag_3337436d.jpg

Central bank chief warns that single market and future of the European monetary union must be protected

Comments

HSBC_2423961g.jpg

Osborne's promises to the City kept HSBC in London

 

HSBC chairman Douglas Flint says the Chancellor's promises to support the City of London and to boost trade with China helped stop the bank from quitting the UK

 

 

banks_1780461g.jpg

PPI claims firms face crackdown on fees

 

Banks welcome tighter rules on 'unscrupulous' claims management firms

Comments

STeel_brussels_2_3575313g.jpg

Steel summit calls for tougher action on Chinese imports

 

Industry demands harsher trade duties and faster action to save Europe's crisis-hit steel sector, but little hope of action from European Commission

 

 

Aldi to create 5,000 new jobs as its adverts are branded "disingenuous"

 

aldi_3308864d.jpg

Discount supermarket is opening 80 new UK shops but its advertising campaign has been criticised as "misleading" by analysts

Comments

Katherine Garrett-Cox to leave Alliance Trust

 

cox_3238908g.jpg

Departure comes after a long battle with activist investor Elliott Advisors, which resulted in her stepping down from the trust's board in October

 

 

hornby2_1810702g.jpg

Hornby shares jump 14pc as boss steps down

 

Richard Ames is leaving the company "with immediate effect"

 

Chancellor's avalanche of business taxes has pushed UK to a 'tipping point', CBI warns

 

osborne2_3574422d.jpg

Confederation of British Industry urges Chancellor not to saddle businesses with any more taxes

 

reckitt_1793193g.jpg

Cold and flu season boosts Reckitt Benckiser

 

The company behind brands such as Nurofen and Strepsils enjoyed strong growth in its consumer health division

 

hawk_2338097g.jpg

BAE Systems appoints chief operating officer

 

Defence giant confirms the appointment of Charles Woodburn

German 'bail-in' plan for government bonds risks blowing up the euro

 

Negative central bank interest rates herald new danger for the world

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

Zika Virus Increases Concerns About Employee Safety

 

By JULIE CRESWELL and DAVID SEGAL

 

 

As reports of infections rise, employees and management at a variety of corporations are grappling with how to handle jobs and projects in affected regions.

 

 

 

15jpZTRAVEL-sfSpan.jpg

Martial Trezzini/European Pressphoto Agency

 

Marie-Paule Kieny of the World Health Organization spoke Friday at the United Nations’ Geneva office about Zika research.

 

 

 

 

 

 

 

 

 

 

 

16db-rico1-thumbStandard.jpg

At Puerto Rico’s Power Company, a Recipe for Toxic Air, and Debt

 

By MARY WILLIAMS WALSH 2:38 PM ET

 

For years, Abraham Ortiz, of Puerto Rico’s power authority, reported that it bought oil that failed to meet clean-air standards. He was ignored.

 

 

 

15japangdp-web-thumbStandard.jpg

Rising Yen Adds to Abe’s Challenges as Japan’s Economy Contracts

 

By JONATHAN SOBLE

 

The economic campaign that Prime Minister Shinzo Abe began three years ago, known as Abenomics, relied on a relatively weak currency.

 

 

16db-hedge-thumbStandard.jpg

In a Turbulent Market, Hedge Fund Managers Spot an Opportunity

 

By ALEXANDRA STEVENSON and MATTHEW GOLDSTEIN 1:21 PM ET

 

Some big-name managers are starting new hedge funds, sensing a chance to make big, bold bets on the volatility in stocks, bonds and commodities.

 

SoftBank Announces Stock Buyback of About $4.4 Billion

 

By AMIE TSANG and HISAKO UENO

 

It would be the biggest share repurchase the company has made.

 

The Week Ahead

 

15AHEAD1-thumbStandard.jpg

Questions for the E.C.B. Leader, Fed Minutes and Walmart Earnings

 

By THE NEW YORK TIMES

 

This week, Mario Draghi will appear at a hearing in Brussels, the Federal Reserve will release an account of its most recent policy-making meeting and both Walmart and Nordstrom will report fourth quarter earnings.

 

15VWPORSCHE1-thumbStandard.jpg

Trial Illuminates Porsches’ Rise to Power at Volkswagen

 

By JACK EWING

 

Prosecutors claim that the Porsche holding company misled investors in 2008 on its plan to take over Volkswagen, sending VW stock soaring.

 

15SPEECH1-thumbStandard.jpg

Creating a Computer Voice That People Like

 

By JOHN MARKOFF

 

Creating a computer “personality” is as much an art as it is a science, and it’s a challenge that more and more software designers are grappling with.

 

15MICKLETHWAIT-thumbStandard.jpg

Micklethwait’s Balancing Act, After a Year as Bloomberg Editor in Chief

 

By RAVI SOMAIYA

 

The newest editor in chief has weathered a broad refocusing in Bloomberg’s newsroom and may have to contend with Michael Bloomberg’s presidential run.

 

15hsbc-web-thumbStandard.jpg

HSBC to Keep Headquarters in London Instead of Hong Kong

 

By CHAD BRAY

 

The British bank had announced a review of a possible move last April, citing regulations and a tax on lenders.

 

15POPE-web1-thumbStandard.jpg

In Mexican Slum, Pope Francis Laments Economic Gap

 

By AZAM AHMED and JIM YARDLEY

 

By coming to Ecatepec, one of the country’s largest, poorest and most violent cities, the pope placed himself at the center of Mexico’s identity crisis.

 

 

 

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

 

 

 

Consumer confidence bounces back in Australia despite global market turmoil

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

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

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

U.S. appeals court upholds Apple e-book settlement

 

7:52pm GMT

 

Some Boeing, Airbus suppliers have cold feet about increasing production

 

Aerospace & Defence 7:47pm GMT

 

HSBC effectively scraps pay rise for managers at UK retail bank - source

 

7:24pm GMT

 

Fed policymakers discussed changing interest rate path - minutes

 

7:05pm GMT

 

Oil deal optimism fuels rally in crude, global stocks

 

FXpert 6:33pm GMT

 

Oil up 7 percent as Iran welcomes output freeze without word on cuts | btn_rel_video.gif

 

Middle East, FXpert 6:31pm GMT

 

Kremlin says it is not linking oil and Syria in talks with Saudis

 

FXpert 6:31pm GMT

 

Four oil producers begin Tehran meeting on output

 

FXpert 6:31pm GMT

 

UAE says oil freeze deal will have positive impact on supply-demand balance

 

FXpert 6:31pm GMT

 

UK wage growth slows to lowest since February, unemployment rate unchanged

 

UK 5:53pm GMT

 

Iran offers no action in support of global oil pact | btn_rel_video.gif

 

Middle East 5:43pm GMT

 

Italy would veto any cap on banks' government debt holding - PM Renzi

 

5:41pm GMT

 

Trump, Rubio chide Apple over order on shooter's phone

 

World 5:07pm GMT

 

FTSE lifted by recovery in Glencore

 

4:50pm GMT

 

Prada sales stagnate as China weakness bites

 

4:20pm GMT

 

Boeing CEO sees no downturn in commercial airplane cycle

 

Aerospace & Defence 4:06pm GMT

 

Jammie Dodger maker Burton's in talks to buy Fox's Biscuits - sources

 

3:45pm GMT

 

Aston Martin to develop electric car with China's LeEco

 

3:07pm GMT

 

European banks' risky oil loans make investors edgy

 

2:31pm GMT

 

LPC-Glencore to refinance short-term debt early, shares rise

 

2:01pm GMT

 

Brazil expects Samarco dam-disaster deal by Friday

 

1:59pm GMT

 

Icelandic workers to block Rio Tinto aluminium exports over wage dispute

 

1:05pm GMT

 

Iranian banks reconnected to global payments network

 

Middle East 12:25pm GMT

 

Air France to announce 1,400 job cuts next week, unions say

 

Aerospace & Defence 12:08pm GMT

 

Investors more downbeat but not despondent on Swiss economy

 

12:01pm GMT

 

Fiat Chrysler to use more temporary layoffs at Maserati plant - union

 

11:58am GMT

 

Rolls-Royce considering ValueAct's bid for a seat on the board

 

11:08am GMT

 

Head of Barclays investment bank to retire next month - BBG

 

10:57am GMT

 

Sterling strengthens as UK employment hits record high

 

10:38am GMT

 

No plans to retest 2014 Sochi Olympics Biathlon samples-IBU

 

Sport 10:33am GMT

 

Euronext's core profit jumps on strong listings, cash trading

 

10:16am GMT

 

Japan Economy Minister - need more data to measure impact of negative rates

 

Japan 9:44am GMT

 

European shares propped up by gains in Credit Agricole, Glencore

 

9:43am GMT

 

Airbus to keep border security unit in defence electronics sale

 

Middle East 9:42am GMT

 

Britons see lowest chance of BoE rate rise since October 2013 - Markit

 

9:33am GMT

 

BAE picks Mahindra for Indian gun assembly plant

 

9:02am GMT

 

RWE omits 2015 dividend as power plant impairment leads to loss

 

8:42am GMT

 

China promises economic stability as G20, parliament loom

 

G20 8:26am GMT

 

Analysis - With recession lights amber, brittle markets vulnerable to all shocks

 

8:10am GMT

 

China Zheshang Bank wins clearance for $1 billion Hong Kong IPO - IFR

 

8:03am GMT

 

Akzo Nobel to buy BASF coatings for 475 million euros

 

7:58am GMT

 

China's Okay Airways in commitment for Boeing 737 jets worth $1.3 billion

 

Aerospace & Defence 7:46am GMT

 

Philippine Air signs $3.7 billion deal for Airbus jets

 

Aerospace & Defence 7:46am GMT

 

AstraZeneca wins FDA breakthrough status for key cancer drug

 

7:29am GMT

 

UAE oil minister says open to cooperation

 

7:23am GMT

 

China stocks rise to fresh 3-week high on stimulus hopes

 

7:14am GMT

 

Ageas fourth quarter results hit by Britain floods

 

7:09am GMT

 

China, Hong Kong stocks take a breather; energy shares drag

 

5:06am GMT

 

Exclusive - Qatar, China in $6.4 billion battle for Australian freight giant

 

Australia, Middle East 4:54am GMT

 

Indian tax office tells Vodafone to pay $2 billion in tax dispute

 

3:56am GMT

 

Exclusive - Brazil could waive U.S. dollar to bolster Iran trade - minister

 

Middle East 2:37am GMT

 

ECB's Nowotny - Market turbulence driven by emerging markets: website

 

2:00am GMT

 

No U.S. inflation progress, no Fed rate hikes: Rosengren

 

1:56am GMT

 

Apollo Global braves LBO rout with $7 billion ADT deal | btn_rel_video.gif

 

1:29am GMT

 

Iran could decide fate of first global oil deal for 15 years

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

Bargain hunting lifts global stocks as oil rally fades | btn_rel_video.gif

 

16 Feb 2016

 

Argentina reaches settlement in U.S. debt class action - mediator

 

16 Feb 2016

 

Insight - Slumbering Pakistani steel giant shows why state sell-offs are stalled

 

Special Reports, Middle East 16 Feb 2016

 

British lender Metro Bank cuts IPO price

 

16 Feb 2016

 

Yen climbs as risk appetite sours on oil output freeze

 

FXpert, Middle East 16 Feb 2016

 

Peru still unclear on whether Guzman can run for president

 

World 16 Feb 2016

 

Oil loses nearly 4 percent as hopes over Saudi, Russia deal fade | btn_rel_video.gif

 

16 Feb 2016

 

Saudis and Russia agree oil output freeze, Iran still an obstacle | btn_rel_video.gif

 

Middle East 16 Feb 2016

 

Merkel warns against gains for British banks under EU deal - party officials

 

UK, World 16 Feb 2016

 

Dutch foundation seeking VW damages says gets investor support

 

16 Feb 2016

 

Monte Paschi prosecutors seek charges against 13 bankers

 

16 Feb 2016

 

FTSE rises as oil shares hang on to gains

 

16 Feb 2016

 

Drinks can makers Ball, Rexam launch $3 billion asset sale ahead of merger -sources

 

16 Feb 2016

 

Euro zone banks more able to absorb headwinds than in 2012 - ECB

 

16 Feb 2016

 

Sterling losses deepen, hits 2-week low vs dollar | btn_rel_video.gif

 

16 Feb 2016

 

EDF to pour first Hinkley Point concrete in 2019, Brexit or not

 

16 Feb 2016

 

No clear case for intervention on bond market liquidity - Bank of Ireland

 

16 Feb 2016

 

Anglo American to sell iron ore unit, profits plunge | btn_rel_video.gif

 

16 Feb 2016

 

UK inflation edges up to one-year high in January as fuel price fall slows | btn_rel_video.gif

 

UK 16 Feb 2016

 

Iraq ready to freeze production at Jan levels pending deal -source

 

16 Feb 2016

 

Lawyers look to UK pensions for next mis-selling pay-outs

 

16 Feb 2016

 

Uber may deliver latest blow to European parcel firms

 

16 Feb 2016

 

Norway's economy loses its shine

 

Norway 16 Feb 2016

 

BNP Paribas says to hire 20,000 staff in 2016

 

16 Feb 2016

 

Iran may be offered special terms in oil output deal – sources

 

16 Feb 2016

 

ITV appoints reality TV pioneer Bazalgette as chairman

 

16 Feb 2016

 

GE explores oil and gas business in Iran with top exec visit

 

Middle East 16 Feb 2016

 

Vodafone ties up with Liberty in Dutch deal to take on KPN

 

16 Feb 2016

 

EDF Energy extends life of four UK nuclear power stations

 

Nuclear Power 16 Feb 2016

 

Qatar Airways threatens to cancel Pratt & Whitney engine order

 

Middle East, Aerospace & Defence 16 Feb 2016

 

Russia - Four countries ready to freeze oil output at Jan levels if others join in

 

16 Feb 2016

 

Rosneft - Too early to draw conclusions on Doha meeting impact - RIA

 

16 Feb 2016

 

European shares steady as oil companies rise

 

16 Feb 2016

 

Saudi's Naimi says output freeze enough to improve market

 

16 Feb 2016

 

Four oil producers agree to freeze output at January levels - Qatar energy minister

 

16 Feb 2016

 

EDF cuts dividend, says Hinkley Point decision to be made soon

 

Nuclear Power 16 Feb 2016

 

Oil powers meet in Doha for private pow-wow as $30 crude woes mount

 

Middle East 16 Feb 2016

 

Anglo American to exit coal assets 'at the right time' - CEO

 

16 Feb 2016

 

Bank of Japan says negative rates would apply for $201 billion of reserves

 

Japan 16 Feb 2016

 

Mitsubishi wins $940 million order to supply 20 of its regional jets

 

Aerospace & Defence 16 Feb 2016

 

Prices rise as cold weather boosts consumption

 

16 Feb 2016

 

Qatar Airways CEO - may cancel Pratt engine order if A320neo problems unresolved

 

Aerospace & Defence 16 Feb 2016

 

European car sales up 6.3 percent in January - ACEA

 

16 Feb 2016

 

BGEO Group profit boosted by banking, healthcare businesses

 

16 Feb 2016

 

'Too early to talk about any decision' - Russian industry source on talks in Doha

 

16 Feb 2016

 

Oil ministers expected to hold Doha news conference-sources

 

16 Feb 2016

 

Airbus says not getting aircraft delivery deferral requests from airlines

 

Aerospace & Defence 16 Feb 2016

 

Global investment banks' earnings may decline in 2016 - JP Morgan

 

16 Feb 2016

 

Four oil ministers start meeting in Doha - sources

 

16 Feb 2016

 

Airbus revises 2015 net orders higher by 44 aircraft

 

Aerospace & Defence 16 Feb 2016

 

Merlin Entertainments names Anne-Francoise Nesmes as new CFO​

 

16 Feb 2016

 

Oil powers meeting set to support crude price volatility

 

16 Feb 2016

 

Asian shares extend gains as investor fears ease

 

FXpert 16 Feb 2016

 

Thai PTT to delay LNG purchase from Shell, BP due to weak demand

 

16 Feb 2016

 

Avation places $130 million aircraft order with ATR

 

Aerospace & Defence 16 Feb 2016

 

Volkswagen says China sales may rise in line with auto market, explores new tie-up - executive

 

16 Feb 2016

 

China January new yuan loans climb to record high in seasonal surge

 

FXpert 16 Feb 2016

 

China and Hong Kong stocks rebound, led by energy shares

 

16 Feb 2016

 

Bank of Japan launches negative rates, already dubbed a failure by markets

 

Japan 16 Feb 2016

 

Toshiba says it is not considering ending PC production

 

16 Feb 2016

 

Mexico fines Volkswagen $9 million for failing to certify imports

 

16 Feb 2016

 

Brexit hit to UK industry would slow GDP growth by 0.5 percent a year - trade group CEEMET

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 considered changing course on rates

 

 

 

 

Members of the Federal Reserve considered changing plans to raise interest rates throughout 2016 amid worries about heightened economic risks, minutes show.

 

  • 17 February 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

UK unemployment drops by 60,000

 

Unemployment in the UK fell by 60,000 between October and December to 1.69 million, according to the Office for National Statistics.

 

  • 17 February 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Live Business live: Oil price surge boosts Wall Street

 

US stocks could see a third day of gains after a surge in oil prices pushed up energy stocks

 

 

 

 

 

 

Bombardier to cut 7,000 jobs worldwide

 

  • 17 February 2016
  • From the section Business

 

 

Mirror publisher 'to launch new paper'

 

  • 17 February 2016
  • From the section Business

 

 

Iran 'welcomes' oil output freeze deal

 

  • 17 February 2016
  • From the section Business

 

 

 

 

 

Russia sues Ukraine over $3bn debt

 

  • 17 February 2016
  • From the section Europe

 

 

Aston Martin in electric car venture

 

 

 

Miners help FTSE 100 rise 2.87%

 

  • 17 February 2016
  • From the section Business

 

 

Hundreds of students hit by data breach

 

 

 

Apple rejects order to unlock killer's phone

 

 

 

Australia's Woodside profit tumbles 99%

 

  • 17 February 2016
  • From the section Business

 

 

 

 

Also in the News

 

 

 

India to launch under $7 smartphone

 

  • 17 February 2016
  • From the section India

 

 

 

 

Google boss on stuff that failed

 

 

 

 

 

Features & Analysis

 

 

 

From indyref to Brexit

 

The lessons for Scottish business on surviving the looming choice on Europe.

Douglas Fraser Business/economy editor, Scotland

 

 

 

 

 

 

 

China crisis?

 

How the world's biggest property developer sees the market

 

  • 16 February 2016
  • From the section Business

 

 

 

 

 

Helping hand

 

The sisters offering jobs to Syrian refugees

 

  • 16 February 2016
  • From the section Business

 

 

 

 

 

 

 

Staying ahead

 

Asia drives demand for international schools

 

  • 16 February 2016
  • From the section Business

 

 

 

 

 

A sub of my own

 

Why personal submarines are the latest must-have accessory

 

  • 16 February 2016
  • From the section Business

 

 

 

 

 

Judge dread

 

Why is the legal profession so resistant to technology?

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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Top Stories

 

Fed considered changing course on rates

 

 

 

 

 

 

 

 

 

 

Members of the Federal Reserve considered changing plans to raise interest rates throughout 2016 amid worries about heightened economic risks, minutes show.

 

Related content

 

 

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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Negative interest rates a 'dangerous experiment' as monetary policy hits buffers

 

clouds_3576827d.jpg

Central bank 'put' is disappearing as negative interest rates signal 'policy exhaustion', warn investment banks

 

Sluggish wage growth takes shine off record UK employment

 

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Jobs rich recovery shows more people in work than ever before but pay growth remains subdued

 

Bombardier to axe 1,000 UK jobs in restructuring

 

CSeries_3465998a_3576840d.jpg

Aircraft and train maker Bombardier slashes 7,000 jobs worldwide after troubles building its latest jet

 

BT_2356771g.jpg

Ofcom doesn't have the power to split BT and Openreach, think tank warns

 

BT faces fresh demands to divest Openreach, this time from right-leaning Centre for Policy Studies - days before a major market review

 

Oil markets stunned as Iran welcomes Saudi-Russian accord

 

Iran_3576938d.jpg

Prices soar more than 7.5pc as Islamic Republic gives cautious approval to production cap but remains cool on its participation

Comments

 

Trinity Mirror plans new national newspaper 'New Day'

 

mirror_1839320d.jpg

Publisher to target mid-market with new print title

Comments

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Business rates set to deliver record-breaking £23.5bn to council coffers next year

 

Figures released just days after CBI warns the system risks undermining the economic recovery

 

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Barclays’ investment bank boss Tom King to retire

 

Mr King is the second senior boss to leave the bank this year, following chief operating officer Jonathan Moulds out the door

 

 

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William Hill warns merger of rivals will hit competition

 

The bookmaker has told the competition regulator that the tie-up of Ladbrokes and Coral poses a threat to the bookmaking market

Comments

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Rolls-Royce set to add activist investor ValueAct to board

 

Troubled engineer expected to vote on adding ValueAct to its board

Oil prices soar as Iran comes to the table sending FTSE back through 6,000

 

Don't believe the hedge funds when it comes to business views on Brexit

 

There will be another crisis. It’s just a question of when

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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Fed Officials, at Meeting, Found Economic Outlook Cloudy

 

By BINYAMIN APPELBAUM 2:29 PM ET

 

 

Federal Reserve policy makers declined to offer a forecast for economic conditions, saying it was unclear whether market turmoil would impede growth.

 

 

 

18state-illo1-sfSpan.jpg

Stuart Goldenberg

 

 

State of the Art

 

Zenefits Scandal Highlights Perils of Hypergrowth

 

By FARHAD MANJOO

 

Zenefits’ announcement of serious errors underscores how huge funding rounds and overinflated expectations may wreak havoc in Silicon Valley.

 

 

 

 

18encryption2alt-thumbStandard.jpg

Should the Authorities Be Able to Access Your iPhone?

 

By MATT APUZZO 12:21 PM ET

 

An act from the 18th century helped the Justice Department in its push to make Apple help write software to disable privacy defenses in its phones.

 

 

 

 

18Appleletter-web-thumbStandard.jpg

Apple Fights Order to Unlock San Bernardino Gunman’s iPhone

 

By KATIE BENNER and ERIC LICHTBLAU

 

Timothy D. Cook, Apple’s chief, said the government’s request to bypass security on the phone used by Syed Rizwan Farook had “chilling” implications.

 

 

 

 

 

 

 

 

 

 

 

18abc-thumbStandard.jpg

Paul Lee Resigns as ABC Entertainment Chief; Successor Named

 

By BROOKS BARNES 2:22 PM ET

 

Mr. Lee, who found hits like “How to Get Away With Murder,” will be succeeded by Channing Dungey, who becomes the first black president of a major broadcast network.

 

Political Backlash Grows in Washington to Chinese Takeovers

 

By KEITH BRADSHER and PAUL MOZUR

 

Chinese interest in American tech companies, like the failed bid for Fairchild Semiconductor, is drawing scrutiny from the White House and Congress.

 

F.D.A. Deals Setback to Catalyst in Race for Drug Approval

 

By SABRINA TAVERNISE 1:54 PM ET

 

Catalyst Pharmaceuticals, vying for exclusive rights to a drug called Firdapse, said it received a letter saying its application was incomplete.

 

 

Russia Sues Ukraine in London Court Over Unpaid Debt Claim

 

By ANDREW E. KRAMER 2:22 PM ET

 

The Russian finance ministry says it is owed $3 billion, escalating a legal battle between the countries that is already raging in European courts.

 

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As Marijuana Sales Grow, Start-Ups Step In for Wary Banks

 

By NATHANIEL POPPER

 

New businesses seek to offer transparency in transactions at pot dispensaries, which are being rebuffed by banks and credit card companies.

 

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U.S. Had Cyberattack Plan if Iran Nuclear Dispute Led to Conflict

 

By DAVID E. SANGER and MARK MAZZETTI

 

The plan, named Nitro Zeus, was designed to disable Iran’s air defenses, communications systems and parts of its power grid but was suspended after the deal was fulfilled.

 

Bill Simmons Names His New Website the Ringer

 

By JOHN KOBLIN 12:18 PM ET

 

Mr. Simmons left ESPN acrimoniously last year and his website there, Grantland, was discontinued. The new site is expected to debut by summer.

 

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U.S. Government Calls on Cuba to Do More to Open Economy

 

By JULIE HIRSCHFELD DAVIS 1:10 PM ET

 

The secretary of commerce and other American officials met with their Cuban counterparts, although the continuing embargo complicated the talks.

 

 

 

 

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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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.

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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.

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Share on other sites

Employers can now use 'big data to find out if you're pregnant

 

'There are enormous potential risks in these efforts, such as the exposure of personal health data to employers or others'

 

 

 

 

 

Osborne urged to spend more on infrastructure by OECD

 

 

 

 

 

Saudi Arabia says it 'will not cut oil production'

 

 

 

 

 

 

 

 

The one thing about a partner’s personality that affects your career

 

The conscientiousness of a person’s partner was found to be a massive predictor of income, number of promotions and job satisfaction

 

 

 

 

 

UK homes worth £1m to ‘triple by 2030’

 

 

 

 

 

How UK paid leave compares to other countries in Europe: in charts

 

 

 

 

 

 

EU referendum: The business arguments for and against UK membership

 

The debate has sparked a war of words between business organisations on either side of the debate.

 

 

 

 

 

 

Europe's most respected think tank has told Osborne to lay off cuts

 

The think tank said that low interest rates mean Governments in many countries can borrow for long periods

 

 

 

 

 

 

 

 

British Gas reports bumper profits despite energy costs plummeting

 

British Gas has angered customers after reporting operating profits up 31 per cent for the year

 

 

 

 

 

 

10 tiny tweaks that can save you up to £4,000 a year

 

Some small changes you can make to your habits that could have a big impact on your yearly finances.

 

 

 

 

 

 

 

 

Asda removes 'unmanned' food bank donation points from UK stores

 

A charity chief executive says the decision is 'very disappointing'

 

 

 

 

 

 

Powa: Is Dan Wagner’s latest unicorn hobbled?

 

His e-commerce software company, Powa, which he claimed would be one of the biggest of all time, is said to be struggling to pay staff, some of whom have been locked out of its European offices. Jamie Nimmo investigates

 

 

 

 

 

The 10 biggest business stories on Thursday February 18

 

 

 

 

 

What the ‘i' in iPhone stands for

 

 

 

 

 

 

Market Report: Wall Street lifts FTSE 100 back above the 6,000 barrier

 

Our American cousins were to thank for hoisting the FTSE 100 back above the 6,000 barrier, as a surge on Wall Street gave UK stocks a second wind. The blue-chip index rose steadily before a late push lifted it up 168.15 points to 6,030.32 – another impressive rise of 2.9 per cent.

 

 

 

 

 

 

 

 

Plus500 is back in the game with new clients

 

The FCA imposed the freeze last May while the Atletico Madrid sponsor carried out money-laundering checks on clients

 

 

 

 

 

 

Bombardier to cut more than 1,000 Belfast jobs

 

The aerospace manufacturer plans a global cull of 7,000 due to falling sales

 

 

 

 

 

 

 

Amazon fashions a new online clothing label

 

The online retail giant is believed to want to line up Frances Russell to take a senior role in its fashion division

 

 

 

 

 

Majority of UK households think rate rise is unlikely before 2017

 

 

 

 

 

The rights – and wrongs – of Apple’s privacy protection fight

 

 

 

 

 

 

Banking reform is more confusing than it needs to be

 

Economic View

 

 

 

 

 

 

 

Getting Russia and Saudi to agree is only half the battle

 

Traders had been anticipating a production cut, not a mere freeze

 

 

 

 

 

Donald Trump's 12 tips for lifelong success

 

 

 

 

 

How much can the government see of what's on people's phones?

 

 

 

 

 

 

Russian vodka exports slump by 40 per cent

 

Sales of the national drink fell by 42 per cent last year, the lowest level in a decade, to 43.m litres

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How to get that job: Robin Windsor, professional dancer

 

In the highly competitive dance world, Windsor suffered numerous set-backs and disappointments

 

 

 

 

 

Cyber attacks are increasing because bosses don’t know their enemy

 

 

 

 

 

Starbucks, Costa and Caffe Nero respond to ‘shocking’ sugar levels

 

 

 

 

 

 

The Instagram pets that have become profitable businesses

 

Celebrities including pets can make $2,000 and more once they have broken the 100,000 follower mark.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

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

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Brent down as U.S. crude build eclipses output freeze plan | btn_rel_video.gif

 

FXpert 8:06pm GMT

 

Global stocks extend rally on emerging markets strength; oil loses gains

 

FXpert 7:33pm GMT

 

Citigroup plans to exit retail banking in Argentina, Brazil - Bbg

 

7:32pm GMT

 

Credit Suisse to fast-track top junior bankers to retain talent - sources

 

7:16pm GMT

 

Saudi Arabia 'not prepared' to cut oil production - AFP

 

6:33pm GMT

 

P&G needs to be more agile, says new CEO Taylor

 

6:32pm GMT

 

IMF board to confirm new Lagarde mandate Friday - French paper

 

IMF 6:31pm GMT

 

Asda vows to win UK price war despite worst quarter ever

 

6:19pm GMT

 

Major Argentine creditors object to bid to lift debt injunctions

 

6:16pm GMT

 

Barclays to pay $50 million to end U.S. currency rigging lawsuit

 

6:12pm GMT

 

European shares pull back from two-week high

 

Aerospace & Defence, FXpert 5:46pm GMT

 

Vivendi to bid for Gameloft, in talks with beIN Sports on Canal Plus

 

5:40pm GMT

 

Exclusive: EU set to clear $67 billion Dell, EMC unconditionally - sources

 

5:39pm GMT

 

Nestle sales growth misses expectations, sees tough 2016 | btn_rel_video.gif

 

5:36pm GMT

 

FTSE falters as mining stocks, 'Brexit' fears weigh | btn_rel_video.gif

 

5:35pm GMT

 

Sterling strengthens on hopes for EU summit deal

 

FXpert 5:32pm GMT

 

Stocks extend rally with oil; eyes on EU summit

 

4:43pm GMT

 

Iran's Bank Mellat to seek damages against Britain after EU ruling

 

World, Middle East, 4:04pm GMT

 

'Selfish' oil firms relish new production despite glut

 

3:08pm GMT

 

Britain's EU settlement could backfire on City of London

 

3:06pm GMT

 

U.S. jobless claims fall; manufacturing appears to stabilise

 

2:19pm GMT

 

Iran's Bank Mellat to pursue damages against Britain after winning EU ruling

 

Middle East 2:06pm GMT

 

ECB sees increased risks, some pressing for pre-emptive action

 

1:17pm GMT

 

Nigeria's BUA in talks with China's Sinoma over $1.9 billion steel, cement deal

 

Africa 12:45pm GMT

 

Uber losing $1 billion a year to compete in China

 

12:40pm GMT

 

Market's long view of Bank of England rate hikes unwarranted - Cunliffe

 

12:03pm GMT

 

Plan to revive Russian economy to cost $11.7 billion -Economy Minister

 

11:48am GMT

 

S&P cuts Anglo American to junk, 3rd agency to do so this week

 

11:45am GMT

 

Italy's Meridiana seeks 900 layoffs as part of Qatar Airways deal - source

 

Aerospace & Defence 11:44am GMT

 

Brazil economic activity tanks again as recession deepens

 

11:38am GMT

 

Puma sees 'female future' helped by Rihanna designs

 

11:16am GMT

 

In a rare move, Japan's Panasonic gives corporate blessing to same-sex marriages

 

Japan 11:10am GMT

 

Iraq oil minister says talks between OPEC and non-OPEC members to continue

 

Iraq, Middle East, FXpert 11:09am GMT

 

Centrica trims investments as energy price slump weighs

 

10:48am GMT

 

Oil extends rally towards $35 after Iran welcomes output freeze

 

FXpert, Middle East 10:37am GMT

 

BAE Systems sees 2016 growth on military spending recovery, cyber security demand

 

10:16am GMT

 

PIMCO sees 40 percent chance of 'Brexit', uncertainty to hit markets

 

10:03am GMT

 

Telecom Italia shares rise after broker upgrade

 

9:27am GMT

 

Tullow Oil finds potential issue at Ghana field, shares drop

 

Africa 9:23am GMT

 

Deutsche Boerse aims to be Top 2 global player

 

9:12am GMT

 

Amazon.com to open new fulfillment centre in UK

 

8:56am GMT

 

HSBC executives rue missed chance in HQ choice

 

8:55am GMT

 

China's HNA Group to buy Ingram Micro for $6 billion

 

Aerospace & Defence 8:47am GMT

 

Air France-KLM beats forecasts with return to profit

 

Aerospace & Defence 8:37am GMT

 

Rich Chinese splurge on sportswear as luxury's lustre dims | btn_rel_video.gif

 

8:28am GMT

 

Australian winegrowers say cheers to China's changing tastes

 

Australia 8:22am GMT

 

Insurer Lancashire's profit hit by fall in gross premiums

 

8:20am GMT

 

Oil prices climb as Iran endorses oil output cap

 

Middle East 7:56am GMT

 

South32 considering buyout of Anglo American manganese unit

 

Australia, Africa 6:45am GMT

 

Eurotunnel wants France, UK to pay migrant crisis bill

 

6:34am GMT

 

Boeing engineers' union overwhelmingly backs new labor contracts

 

Aerospace & Defence 6:02am GMT

 

Geely's Volvo sees record sales, higher earnings in 2016

 

5:05am GMT

 

Toyota recalling 2.9 million vehicles globally over seatbelt issue

 

4:20am GMT

 

Starboard takes steps toward proxy fight with Yahoo - Bloomberg

 

3:38am GMT

 

Pratt & Whitney, VietJet sign $3 billion engine deal

 

Aerospace & Defence 3:35am GMT

 

China January inflation data shows deflationary pressure persists

 

2:29am GMT

 

Gold investment demand in China to grow if price rally holds

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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Asda sees biggest sales fall on record

 

 

 

 

Supermarket Asda sees sales fall 5.8% during the three months that include Christmas - its biggest fall in quarterly sales on record.

 

  • 18 February 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

 

World economy 'needs urgent action'

 

The Organisation for Economic Co-operation and Development calls for urgent action by world leaders to tackle slowing growth as it cuts global economic forecasts for 2016.

 

  • 18 February 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Live Business live: Wall Street wobbles on oil and China data

 

US shares struggle for gains on oil price and China growth uncertainty, miners drag FTSE back below 6,000.

 

 

 

 

 

 

Buy-to-let landlords in rush to borrow

 

  • 18 February 2016
  • From the section Business

 

 

British Gas profits jump by 31%

 

  • 18 February 2016
  • From the section Business

 

 

Sales and profits rise at BAE Systems

 

  • 18 February 2016
  • From the section Business

 

 

 

 

 

Air France-KLM returns to profit

 

  • 18 February 2016
  • From the section Business

 

 

English home ownership sees small rise

 

  • 18 February 2016
  • From the section Business

 

 

KitKat maker Nestle reports profit fall

 

  • 18 February 2016
  • From the section Business

 

 

Least satisfied rail users revealed

 

  • 18 February 2016
  • From the section England
  • comments

 

 

Oil and mining stocks drag FTSE lower

 

  • 18 February 2016
  • From the section Business

 

 

Venezuela hikes petrol prices amid crisis

 

  • 18 February 2016
  • From the section Business

 

 

 

 

Also in the News

 

 

 

 

US plans to boost cable TV competition

 

  • 18 February 2016
  • From the section Business

 

 

 

 

 

Indian firm launches $3.67 smartphone

 

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

Bank of England deputy says 2019 rate hike expectations not justified

 

bank_of_england_3572145d.jpg

Sir Jon Cunliffe says bets by investors that interest rates could even be cut are not backed by economic fundamentals

Oil prices crash after Saudis dash hope of production cut

 

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The Kingdom's foreign minister says other nations can freeze production or limit supply but Saudis will not take part in a cut

 

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Centrica urges policy overhaul as it warns of 'looming gap' in UK energy supplies

 

Britain's biggest energy supplier says Government must make significant changes to its capacity market, which is supposed to keep the lights on

 

 

asda2_1723523g.jpg

Asda serves up worst ever quarterly sales on record after bleak Christmas

 

Dismal trading numbers heap pressure on chief executive Andy Clarke

 

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Global leaders must act now as fresh downturn looms, warns OECD

 

OECD urges collective action to fight threat of low-growth trap

 

 

Defence a new priority for Government, says BAE chief

 

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Defence giant BAE Systems reveals solid results as boss Ian King welcomes stability of defence review and rising military budgets

 

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Eurotunnel boss calls for Channel Tunnel extension to protect against migrants

 

Jacques Gounon said that 600m of exposed line were Eurotunnel's 'weakest point' and should be enclosed

 

ft_2411727g.jpg

Financial Times to return to City of London home

 

The newspaper will move out of its Southwark Bridge offices in 2018

 

A_suspect_is_led_b_3577479g.jpg

Five Chinese bank execs arrested in Spain in money laundering probe

 

The executives at ICBC have been arrested following a €40m international money laundering investigation by Spanish police and Europol

 

WATER_2699009g.jpg

Ofwat slams water firms for failing vulnerable customers

 

Customers struggling to pay their water bills should not be left to suffer in silence, said the regulator

Our economic debate on Brexit has descended into insultingly superficial scaremongering

 

What do markets do when they fear their best hope of salvation

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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