NEW YORK/ LONDON, March 14- ICE raw sugar futures fell more than 4 percent to a two-week low on Friday as traders liquidated long positions on signs that a recent rally triggered by weather worries in top grower Brazil may have been overdone.» Read More
For 30 years, whenever economic crises hit the world, Jean-Claude Trichet was at the centre of action. As his career draws to a close – his eight-year term as European Central Bank president ends in three weeks – the former French finance official and Banque de France governor is in the midst of his biggest crisis yet. The FT reports.
The Fast Money traders with tomorrow's trade on Google. Also Dan Dicker, MercBloc president provides insight on copper & oil prices, and China's trade data, with the Fast Money traders.
The aggregate shortfall of UK corporate pension schemes soared in September and is now at its second-highest level, new industry data show, as falling markets and bond yields sharply reduced returns.
Should we feel confident that the crisis will soon be over? No. At least, nobody now sees the euro zone crisis as a little local difficulty. It has become the epicenter of an aftershock of the global financial crisis that could prove even more destructive than the initial earthquake, writes Martin Wolf in the FT.
The average UK household will be in “fuel poverty” by the next election in 2015 if energy bills, which have almost doubled as a share of median income since 2004, stay on their current path, the FT reports.
It is hard to envisage a less propitious climate for equity analysis than a gloomy outlook for advanced economies combined with sustained and severe market volatility.
US hedge funds and private equity firms that specialise in distressed situations are gearing up new or existing European offices in expectation of a surge in coming opportunities as the continent grapples with its sovereign debt crisis and sputtering growth, reported the FT.
George Osborne will need to be “Churchillian” in acting swiftly to bolster corporate confidence and unlock private investment in energy, transport, broadband and housing, according to the head of Britain’s biggest business lobby group. The FT reports.
“We told you so”. That captures the reaction of many American bankers and policymakers towards Europe these days, writes Gillian Tett of the FT.
Discussing opportunities to invest in managed futures, with Susan Roberts, RG Niederhoffer Capital Management senior managing director.
The European Central Bank (ECB) was urged to slash the euro zone base rate to one percent as the European debt crisis threatened a second recession but high inflation makes such a move unlikely.
Excessive speculation in the oils futures market is to blame for higher oil prices, not supply and demand, Senator Bernie Sanders told Cramer.
Crude oil futures are rallying off a one-year low since the EIA reported a surprising drop in US oil inventories, with Tom Petrie, Bank of America Merrill Lynch vice chairman.
CNBC's Rick Santelli takes a look at the markets impact to the upcoming operation twist.
CNBC's Bill Griffeth reports on restructuring plans at Eastman Kodak; the dip in U.S. corn futures; and lower crude oil prices.
Facebook is in the advanced stages of developing mobile applications that will for the first time bring games and other apps that work on its web platform to smartphones, the FT reports.
Europe’s banks are seeking increasingly creative ways to finance themselves as they attempt to make up for a dearth of traditional debt funding amid market turmoil.
A positive feedback loop between banks and weak sovereigns is emerging, with a potentially calamitous effect on the euro zone and the global economy, Martin Wolf writes in the FT.
Lou Grasso, Millennium futures trader has the details on the pop in the precious metal.
CNBC's Rick Santelli & Steve Liesman, and Carly Fiorina, former HP CEO with a check on the financial markets ahead of the opening bell.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead to next week. Oil and nat gas were up slightly today, Gold hit a six-month high, but dropped after word came out Russia would not intervene in Ukraine.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. St. Patrick's Day is Monday and spring arrives Thursday. The NCAAs begin this week and the Fed meets.
Kat Cole, Cinnabon president and CEO, says despite rising commodity prices, business has been fairly stable. Cole also weighs in on obesity and minimum wage.