Glencore's Wild Ride Has Investors Asking: Can It Happen Again?
From London to New York to Hong Kong, the frantic question kept coming: could this be another Lehman? But nowhere did it cause more alarm than inside Glencore Plc -- the Swiss commodities giant that...
View ArticleOil higher on bets the oil glut might be shrinking
Oil climbed from a two-week low amid speculation that a government report will show a slowdown in drilling has trimmed US crude production - a sign that the oil glut might finally be shrinking. US...
View ArticleAnglo American Closes Mozambique Office Amid Cost-Cutting Push
Anglo American Plc closed its office in Mozambique, 18 months after calling off the $A540 million ($380 million) purchase of a majority stake in a coal asset in the country, as the company seeks to...
View ArticleThe Only Place Confidence Isn't Booming in Portugal Is Stocks
The upbeat mood surrounding Portugal’s economic resurgence is nowhere to be seen in its stock market. Business and consumer confidence in Europe’s third-most indebted nation has soared since 2012,...
View ArticleTrading update: six months ended 30 September 2015 (Electrocomponents plc)
(Source: Electrocomponents plc) Electrocomponents plc has today issued a trading update for the six months ended 30 September 2015 ('H1') ahead of publishing half-year results on 19 November 2015 In...
View ArticleJapan's big manufacturers see sentiment worsen in Sept. as exports, output...
TOKYO, Oct. 1 (Xinhua) -- Sentiment at Japan's big manufacturers worsened in September from three months earlier although going ahead firms are looking to boost investments, the Bank of Japan's (BOJ)...
View ArticleThe Pain Trade: How Slumping Commerce Threatens Global Growth
The world’s biggest economies are finding it increasingly hard to trade their way out of trouble. Once the grease of global growth, international commerce failed to rebound completely from the 2009...
View ArticleEditors of Prestigious Journal Sacrifice Standards to Defend an Unethical...
Read more in Public Citizen's October Health Letter Since its founding in 1812, the New England Journal of Medicine (NEJM) has established itself as one of the premier medical journals in the world. It...
View ArticleGlencore's Credit Rating at Risk If Commodity Slump Doesn't Stop
Glencore Plc is doing everything from selling assets to ditching the dividend to retain its credit rating, but there’s one big thing the company can’t control: commodity prices. Metals prices such as...
View Article'It could've been worse' is the new 'good' in this lackluster world economy
There are a lot of red arrows in the global economic data. But economists are hopeful that the current worldwide slowdown may be stabilizing. South Korean exports in September tumbled 8.3% from a year...
View ArticlePoland Fires Utility's CEO Who Didn't Buy Loss-Making Coal Mine
The Polish government-controlled supervisory board of Tauron Polska Energia SA dismissed the chief executive officer of the nation’s second-biggest utility after he failed to buy a loss-making coal...
View ArticleThe pain trade: Is this the beginning of the end of globalisation?
The world's biggest economies are finding it increasingly hard to trade their way out of trouble. Once the grease of global growth, international commerce failed to rebound completely from the 2009...
View ArticleChinese factory output keeps shrinking, but stock markets rally - business live
All the latest economic and financial news, as China’s factory output dips to a new six-year low....
View ArticleRussian Manufacturing Slump Eased More Than Forecast Last Month
Growth in output and new orders helped moderate a downturn in Russia’s manufacturing more than forecast by economists, bringing an industry gauge to its best showing in seven months. The Purchasing...
View ArticleMood of big manufacturers in Japan worsens on China woes in tankan survey
The confidence of Japan’s big manufacturers worsened in the three months to September, the central bank’s tankan survey found on Thursday, raising doubts the government’s "Abenomics" policies of fiscal...
View ArticleFirst woman since 1929 to lead Bloomberg Businessweek after star editor Josh...
Josh Tyrangiel is stepping down as the editor of Businessweek, the flagship business magazine of Bloomberg. He will be replaced by Ellen Pollock, who is currently deputy editor of the magazine. She...
View ArticleEconomic forecast: growing uncertainty regarding the global economic...
(Source: Bundesverband Deutscher Banken eV) 30. September 2015 11:00:00 'The global economic prospects have become markedly more uncertain over the past few weeks, particularly where the emerging...
View ArticleBloomberg Businessweek Editor-In-Chief Josh Tyrangiel Resigns
Bloomberg Businessweek Editor-in-Chief Josh Tyrangiel is leaving his post at the magazine to “consider new opportunities,” Bloomberg announced Thursday. “I’ve spent six years working with some of the...
View ArticleOil gains as expectations grow on US employment
Oil pared a weekly slump before US employment data that might show the labor market is improving in the world’s biggest oil user and amid signs China’s economy is stabilizing. Futures in New York...
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