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  • Most recently, Murphy served as a director at investment firm BlackRock Inc. She will be based in Stamford, Connecticut. Prior to joining the role, Glotzbach served as senior vice president of retirement solutions at Morningstar Inc. She will work out of the San Mateo office. She will relocate from Melbourne, Australia, to San Mateo.

  • HARTFORD, Conn.— A Venezuelan financier who ran a massive fraud scheme used investment funds as personal piggy banks to support a lavish lifestyle, including a $5 million home on Connecticut's Gold Coast, prosecutors said in a memo urging a federal judge to sentence him to at least 12 years in prison. The New Canaan home built by Francisco Illarramendi is so big it...

  • LONDON, Jan 27- Copper slid on Tuesday back towards the prior session's 5-1/ 2 year low on concerns over slowing growth and weak demand in top consumer China as well as rising metal inventories. Data showed China's factory profits grew at their weakest rate in two years in 2014 as economic growth slipped to a 24- year low, underscoring the challenges the country...

  • SYDNEY/ SINGAPORE, Jan 27- Asian airlines are slashing fuel surcharges as oil prices hover at six-year lows, but passengers hoping for cheaper tickets will be disappointed as carriers are likely to bump up fares to maintain margins. Australia's Qantas Airways Ltd became the latest airline to eliminate the surcharge on Tuesday, but at the same time said it was...

  • LONDON, Jan 27- Copper slipped on Tuesday, struggling to mount a recovery from the prior session's 5-1/ 2 year low as investors weighed further evidence of slowing growth in top consumer China while stocks continued to build. In addition, data showed China's factory profits grew at their weakest rate in two years in 2014.. Three-month copper on the London Metal...

  • *Markets giving Greece benefit of the doubt for now. The euro rose as much as 0.9 percent to trade at $1.13455, lifting it further from an 11- year trough of $1.1098 reached on Monday, when it became clear that Greece had voted in a new anti-bailout government. Investors are hopeful that the left-wing Syriza party leader, Alexis Tsipras, is willing to negotiate,...

  • SINGAPORE, Jan 27- Investors seeking to buy property in Singapore or Hong Kong this year may be better off listening to U.S. As interest rates rise, property prices in Hong Kong and Singapore may fall by as much as 5 percent this year, according to a report on prime residential real estate in the region by property consultant Knight Frank. He said a fall in real estate...

  • NEW YORK, Jan 26- The euro rebounded on Monday as investors took advantage of steep losses sustained during two days of dramatic selling, with the final push down to a fresh 11- year low coming after elections in Greece put an anti-austerity government in power. Greece elected, as expected, left-wing leader Alexis Tsipras of the anti-bailout Syriza party.

  • SASKATOON, Saskatchewan, Jan 26- Saskatchewan is likely to tighten what are already some of North America's strictest rules for purchasing farmland as the Western Canadian province looks to fend off big money managers hungry for what they see as a winning investment. Stewart said the changes could also include measures to foil the plans of Vancouver- based...

  • FOREX-Euro ricochets off lows following Greek vote Monday, 26 Jan 2015 | 11:57 AM ET

    NEW YORK, Jan 26- The euro rebounded on Monday as investors took advantage of steep losses from two days of dramatic selling, with the final push down to a fresh 11- year low coming after the results of elections in Greece put an anti-austerity government in power. Greece elected, as expected, left-wing leader Alexis Tsipras of the anti-bailout Syriza party.

  • BEIJING, Jan 26- Chinese investors are set to fork out $20 billion on offshore property this year, up 21 percent on 2014 as more domestic real estate developers and insurers internationalize their holdings, Jones Lang LaSalle Inc said on Monday. "The easing of restrictions over the last a few years by the Chinese government has... much easier for institutions as well...

  • *Euro hits 11- year low in knee-jerk reaction to Greece vote. *Investors see limited fallout from Greece in longer term. TOKYO, Jan 26- The euro skidded to an 11- year low and stock prices fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with...

  • HONG KONG, Jan 26- Dalian Wanda Group, China's biggest commercial real estate conglomerate, said on Monday it is investing $1 billion in a prime property development close to Sydney Harbor, its second large investment in Australia. Australia was the third top destination for Chinese property investment after the United States and Britain in the first eleven...

  • *Greece vote results stokes fresh concerns of instability in Europe. TOKYO, Jan 26- The euro skidded to near an 11- year low and U.S. stock futures fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with international lenders. Syriza leader Alexis...

  • DIARY- Top Economic Events to Feb 10 Friday, 23 Jan 2015 | 7:00 PM ET

    DAVOS, Switzerland- Bank of England Governor Mark Carney to take part in panel discussion on "The Global Economic Outlook"- 1500 GMT. **DUSSELDORF, Germany- Deutsche Bundesbank board member Joachim Nagel speaks at the annual conference of the German-Chinese Economy, organized by Handelsblatt and HSBC- 1400 GMT. LUXEMBOURG- Central Bank of Luxembourg Governor and...

  • *Copper falls 3.5 percent this week. *China's factory growth stalls in January. LONDON, Jan 23- Copper fell on Friday, posting its sixth straight weekly loss as it moved back towards a recent 5-1/ 2- year low, weighed down by a stronger dollar and concerns about the outlook for demand from top consumer China.

  • *China factory activity contracts for 2nd month. LONDON/ BEIJING, Jan 23- Businesses across Asia and Europe have slashed prices at the start of the year to drum up trade, surveys showed on Friday, vindicating the European Central Bank's decision to print money in a bid to revive inflation. Euro zone firms cut prices at the fastest rate in nearly five years and Chinese...

  • *Copper on track for 2 percent fall this week. *Premiums for bonded nickel in China surge. LONDON, Jan 23- Copper fell on Friday, and was on track for its sixth week of falls after failing to post a convincing rebound from last week's 5-1/ 2 year low, weighed by concerns about the outlook for demand from top consumer China.

  • LONDON, Jan 23- The euro hit an 11- year low below $1.13 on Friday, a day after the European Central Bank announced a plan to pump more than a trillion euros into the faltering euro zone economy, and two days before a snap election in Greece. The euro fell to $1.1258 in early European trading on Friday, its lowest since September 2003 and down 0.7 percent on the day.

  • *Euro struggles against peers after ECB, Greece next in focus. TOKYO, Jan 23- Asian equities extended a global equities rally on Friday after the European Central Bank launched a bond-buying stimulus drive in a landmark move that buoyed investor risk appetite, drove bonds higher and left the euro pinned near 11- year lows. Crude oil prices jumped after Saudi...