Business investment by Australian companies slumped a record 9.2 percent in the September quarter, causing the Aussie to drop 0.4 percent.» Read More
Michele Della Vigna, head of European energy research at Goldman Sachs, says he expects the biggest contraction of capital expenditure since the early 1990s to occur over the next three years.
Alexei Yakovitsky, CEO and chairman of VTB Capital, says he sees some capital coming back into Russia and that his business will hopefully make a profit this year.
*Deutsche Bank seen avoiding capital increase, down 0.8 pct. *Telefonica down on reported mobile merger doubts. MILAN, Oct 8- European shares were little changed on Thursday, with profit taking across several sectors offset by stronger auto stocks, while Deutsche Bank was volatile after rigorously cleaning up its balance sheet.
LONDON, Sept 27- Thousands of jobs cuts, business closures and billions of euros of capital raising are all on the cards as the new bosses of three of Europe's biggest banks respond to pressure to devise new strategies to revive them. Credit Suisse Chief Executive Tidjane Thiam, Deutsche Bank's John Cryan and Standard Chartered's Bill Winters are putting the...
Sept 8- E* Trade Financial Inc said it would eliminate all of the $4.4 billion wholesale funding obligations from its bank's balance sheet by the end of the current quarter to make room for low-cost deposits. Shares of E* Trade, which operates a discount broker-dealer and a bank, jumped 6.4 percent to $27 in early trading on the Nasdaq. In March, it cut its outstanding...
Wong Kok Hoi, MD & CIO at APS Asset Management, says “new economy” stocks listed in China's A-share markets will outperform in the long run.
TORONTO, Aug 17- OMERS Ventures, one of Canada's biggest venture-capital firms, said on Monday it has raised about C $260 million for a second fund to invest mainly in early-stage technology companies. Lead investors in the fund are Bank of Montreal, Cisco Systems and the Ontario Municipal Employees Retirement System, parent of OMERS Ventures.
TORONTO, Aug 17- OMERS Ventures, one of Canada's biggest venture-capital firms, said on Monday it has raised about C $260 million for a second fund to invest mainly in early-stage technology companies. OMERS Ventures invested in Shopify before its IPO in May, and was one of the big winners from that offering. "The closing of the fund is a positive signal for Canada's...
Nick Hungerford, CEO of Nutmeg, discusses Zurich Insurance, which may be considering a takeover bid on British insurer RSA.
Standard Chartered halved its dividend and said it would raise capital from investors if needed, as new chief executive, Bill Winters, discussed reviving the bank.
LONDON, Aug 5- Standard Chartered halved its dividend and said it would raise capital from investors if needed, as new chief Executive Bill Winters outlined his thoughts on reviving a bank hit by a 44 percent slump in first-half profit. Shares in the Asia- focused lender rose 4.5 percent to 994.9 pence on Wednesday as investors welcomed Winters' move to set a target...
Rett Wallace, Co-Founder and CEO of Triton Research, explains the difference between public and private initial public offerings (IPOs).
David Kostin, Goldman Sachs chief US equity strategist, discusses challenges for U.S. markets, jobs, and a raise in rates.
Jouko Ahvenainen, co-founder and executive chairman of Grow VC Group, explains how it stands out from other crowdfunding websites like Kickstarter.
Companies – even new ones – appear to be skipping out on capex, but that spending may just not get counted because your kid is playing with it, UBS said.
Maria Contreras-Sweet, U.S. Small Business Administration, discusses the growing industry of small businesses and what the U.S. Small Business Administration is doing to improve things.
Post-9/11 veterans struggle as their unemployment rate stands at 6.7 percent, versus 5.5 percent for the general population.
Fmr Rep. Barney Frank joins CNBC's Steve Liesman to discuss stress tests, unemployment and capital.
CNBC's Rick Santelli reports the latest economic data on business supplies.
CNBC's Jeff Cox talks about capital expenditure and how this has been the missing link for the economy.