Financials (Legacy)

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

Published 12/08/2015

BEIJING Government spending in China jumped by nearly a quarter in July to a three-month high as authorities accelerated spending on state projects and hiked [more…]

Hackers stole secrets for up to $100 million insider-trading profit: U.S

Published 12/08/2015

NEW YORK A group of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five [more…]

Deal makers, PE staff may get biggest bonus hikes: Johnson Associates

Published 12/08/2015

Deal makers and employees at private equity firms are expected to receive the biggest bonus increases this year on Wall Street, according to a forecast [more…]

Greek PM Tsipras says deal with lenders is close

Published 05/08/2015

ATHENS Greek Prime Minister Alexis Tsipras said on Wednesday Greece is close to concluding a deal with lenders on a multi billion euro bailout, which [more…]

German carmakers buy Nokia maps to fend off digital rivals

Published 03/08/2015

FRANKFURT/HELSINKI German carmakers BMW (BMWG.DE), Audi (VOWG_p.DE) and Mercedes (DAIGn.DE), will pay around 2.5 billion euros ($2.75 billion) to buy Nokia's maps business, a transformational [more…]

Greek blue chip stock index futures open down 15.2 percent

Published 03/08/2015

ATHENS Greek blue-chip stock index futures opened sharply down on Monday ahead of the stock market's open, with the nearest contract ATFQ5 expiring on August [more…]

HSBC selling unprofitable Brazil unit to Bradesco for $5.2 billion

Published 03/08/2015

SAO PAULO HSBC Holdings Plc (HSBA.L) agreed to sell its Brazilian unit to Banco Bradesco SA (BBDC4.SA) for $5.2 billion, retreating from the second-largest emerging [more…]

NBCUniversal close to investing in BuzzFeed: source

Published 30/07/2015

LOS ANGELES Comcast Corp's (CMCSA.O) NBCUniversal film and television unit is close to making an investment in online publisher BuzzFeed and is in talks to [more…]

Greek PM says will not implement measures beyond those set at summit

Published 29/07/2015

ATHENS Greek Prime Minister Alexis Tsipras said on Wednesday that his government would not implement reform measures beyond what was agreed with lenders at a [more…]

Cheating website relieved it is not being judged after hack

Published 21/07/2015

TORONTO Cheating spouses website AshleyMadison.com, facing hackers' threats to leak clients' nude photos and sexual fantasies, said it is heartened by some initial public response [more…]