Markets

gap-warns-on-strong-dollar-port-delays

Gap warns on strong dollar, port delays

After the closing bell: Gap lowering its full year profit forecast blaming the strong dollar and delays in getting its merchandise to stores because of labor issues at west coast ports. JC Penney Feb 27, 2015
internet-traffic-equality-for-all

Internet traffic equality for all

Life, liberty and internet traffic equality for all. So says the Federal Communications Commission. It voted to adopt new rules that basically treat the internet like a utility. FCC Commissioner Tom Feb 27, 2015
germany-will-back-greece-for-now

Germany will back Greece for now

Behind the smiles the Greek Finance Minister is worried. He fears Athens will struggle to repay its debts to the EU and IMF this year. The Central Bank governor is nervous too. Yannis Stournaras Feb 26, 2015
euro-zone-shaking-off-the-blues

Euro zone shaking off the blues?

Opposition parties in Spain are upping their game ahead of elections later this year. This rally by the anti-austerity Podemos party followed the Prime Minister's state of the nation speech. He said Feb 26, 2015
sky-wars-boeing-fedex-vs-airlines

Sky wars: Boeing, FedEx vs. airlines

It's sky wars: three big U.S. airlines versus a domestic plane maker, express delivery company and others. The battle is over the Open Skies agreements, which allow airlines to fly routes they want in Feb 26, 2015
ukraine-economy-on-the-brink

Ukraine economy 'on the brink'

Ukrainian troops on the move - this time away from the front line. Their withdrawal revives hopes for a ceasefire in the east of the country. But elsewhere, another battle is raging - against Feb 26, 2015
3-5bln-losses-a-good-year-for-rbs

3.5bln losses - a 'good' year for RBS

For most companies, a 3.5 billion pound loss would be disastrous. But for the Royal Bank of Scotland, this is considered pretty good. 2013's deficit was as much as 9 billion. The bank is 7 years Feb 26, 2015
bse-closes-points-261-34-down-on-feb-26

BSE closes points 261.34 down on Feb 26

New Delhi, Feb 26 (ANI): Trading at the Bombay Stock Exchange today closed 261.34 points down to stand at 28,746.65. At the National Stock Exchange the Nifty closed 83.40 points down to stand at 8,683.85. NTPC and CENTURYTEX were among the top gainers of Group A with an increase of 4.90 % and 3.43 % along with TATA ELXSI LTD. and PEL with an increase of 3.36% and 2.86% respectively, while the top losers of Group A include UNIONBANK and SIEMENS with a decrease of 4.63% and 4.35% along with PIPAVAVDOC and RASOYPR with a decrease of 4.22% and 4.08% at the close of the markets. The Auto sector is down 280.32 points at 19,352.50 while the banking sector is down 198.72 points at 21,276.69 and the reality sector is up at 5.81 points at 1,763.56. The Indian currency is down 0.27% at Rs 61.80 per dollar. Feb 26, 2015
the-original-rogue-trader-20-years-on

The original rogue trader: 20 years on

He is the original rogue trader. The man who single-handedly brought down Britain's oldest bank. Nick Leeson's losses at Barings totalled a staggering 1.4 billion dollars. But 20 years on, he says Feb 26, 2015
hong-kong-to-fund-homegrown-fashion

Hong Kong to fund homegrown fashion

Another year, another massive fiscal surplus in Hong Kong. The city has decided it's going to cut taxes and spread the wealth, dishing out over four billion bucks in sweeteners to support local Feb 26, 2015
china-shuns-big-tech-names

China shuns big tech names

China on a mission to push out some of the world's biggest tech companies. Crossing their products off its state purchase list even while adding thousands made by smaller domestic players. The Feb 26, 2015
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