The Futures Now team discusses copper's terrible run after the red metal lost over 8 percent in the past three days.» Read More
Popular anger at bailouts and austerity has already toppled leaders on the euro zone’s periphery. Now, anger is beginning to infect Europe’s prosperous core, reports the Financial Times.
Francis Ford Coppola, the oenophile film director, has lured a wine expert from Château Margaux, one of Bordeaux’s first growths, to reinvigorate his California winery.
Nokia’s board expects the mobile phone company to suffer more losses in smartphone market share before it enjoys gains from its radical change in strategy, said Jorma Ollila, chairman, the Financial Times reports.
Ivan Glasenberg has broken a decade-long silence ahead of the launch of Glencore’s initial public offering this week, saying that the flotation will give the world’s top commodities trader the financial firepower it needs as consolidation gathers pace, the FT reports.
Analysts expect companies to report slower growth in profits for the first quarter as rising commodity prices dent profit margins and risk hitting consumer spending. The FT reports.
Bernard Madoff has sought to spread blame for his $65 billion Ponzi scheme to banks, regulators and some of his oldest business associates in a rambling jailhouse interview with the Financial Times.
Charles Munger, the long-standing business partner to Warren Buffett, has defended David Sokol even as the former senior Berkshire Hathaway executive remains under fire for buying shares in a chemicals company less than two months before its sale to Mr Buffett.
Portugal is holding talks with the European Union on how to meet its immediate borrowing needs as its banks press Lisbon to seek a bridging loan until a new government can negotiate a bail-out deal, according to the FT.
A look at the markets and a check on the futures with Rick Santelli, live from the Chicago Mercantile Exchange.
The UK and Saudi Arabia on Tuesday took steps to try to cool record oil prices, a day after Brent crude hit an all-time high in sterling terms, reports the Financial Times.
Bob Diamond has decided Barclays must increase its risk appetite amid internal expectations at the bank that a key measure of its profitability will fall or stay stagnant this year, the FT reports.
Transocean, the world’s largest offshore rig company, awarded its executives bonuses for 2010, citing “the best year in safety performance in our company’s history,” in spite of the Macondo disaster in the Gulf of Mexico, according to a regulatory filing. The FT reports.
Tesco launched a second-hand car sales website on Sunday, taking a step into a carbon-producing industry just as it increases efforts to encourage its suppliers to be greener so it can reduce its own carbon footprint, reports the Financial Times.
The European Commission has asked Formula One’s governing body to set up a racing championship series for electric cars, as a way of increasing public awareness and excitement about new-technology vehicles, reports the Financial Times.
Sir John Vickers’ Independent Commission on Banking is to recommend the creation of separately capitalized UK retail banking operations, ringfenced within big bank holding companies, according to three people familiar with the process.
Nasdaq OMX and NYSE cancelled trades in 10 exchange-traded funds after their prices plummeted in early trading on Thursday, raising questions about measures implemented to safeguard investors against sharp market swings after last year’s “flash crash,” the Financial Times reports.
CNBC's Rick Santelli reports on the Crops and Acreage Report. U.S. corn acreage is to rise 5 percent, and corn raises daily limit after bullish USDA crop report.
Jamie Dimon, chief executive of JPMorgan Chase, launched a broadside against financial regulation on Wednesday, warning that new capital rules could be “the nail in our coffin for big American banks,” the Financial Times reports.
CNBC’s analytics team compiled a list of the 10 best-performing commodities in the CRB index so far this year, based on the closing prices on March 29, 2011.
Regulators should include more than 80 banks in their list of global financial institutions of systemic importance that need tighter regulation and higher capital requirements, Douglas Flint, chairman of HSBC, has urged, reports the Financial Times.
Trading firm Virtu Financial says it expects to raise up to $100 million in an initial public offering.
Barry Davis, EnLink Midstream president & CEO, discusses details of the massive deal that mergers Devon Energy with Crosstex Energy and shares his thoughts on processing areas rich in shale oil. The biggest headwind is managing regulations, says Davis.
Guy Wolf, Global Head of Market Analytics at Marex Spectron says commodities have had a volatile start this year, but has a constructive outlook on crude oil.