Corporate News
-
Ashok Shah, CIO at London and Capital, tells CNBC that banks have been given a ¿free lunch¿ borrowing at very low cost in order to boost their profitability.
-
Chris Wheeler, bank analyst at Mediobanca, tells CNBC that the big question is what state the balance sheets of European banks are in.
-
Japanese automobile giant Honda disappointed markets with a trimmed forecast for 2013 this week, but the negative number masks signs of a recovery for the automaker and the rest of the nation's battered sector, said analysts.
-
Steve Sedgwick takes you through the European market open, where stocks have opened flat.
-
John Vail, Chief Global Strategist, Investment Strategy Group, Nikko Asset Management says although there are divergent readings between China's official readings and the HSBC PMI, both are above 50 which indicates modest acceleration in growth.
-
Dell is nearing an agreement to sell itself to a buyout consortium led by its founder and Chief Executive Michael Dell and private equity firm Silver Lake Partners.
-
Nigel Lawson, former Tory chancellor, has urged George Osborne to fully nationalize the Royal Bank of Scotland, attacking the banking industry's bonus culture and what he says are its overrated "star" traders, the Financial Times reports.
-
UK authorities are probing an allegation that Barclays loaned Qatar money to invest in the bank as part of its cash call at the height of the financial crisis in 2008, which enabled the bank to avoid a UK government bailout.
-
The pullback in activity in China's key manufacturing sector highlights the fragility of the recovery in the world's second largest economy, experts told CNBC, following the release of the official manufacturing PMI.
-
More Chinese students are enrolled at American colleges than ever before, but US degrees that are not from Harvard aren't widely valued at home. The Christian Science Monitor reports
-
Talk of a "Great Rotation" into equities from bonds this year as risk appetite returns is overblown, say analysts, adding that a big shift in market positioning is unlikely to come until stronger signs emerge that the global economy has turned a corner.
-
Patrick Chovanec, Associate Professor, Tsinghua University says that allegations that Chinese hackers attacked the New York Times was no big surprise. He also says that China's new leaders are still obsessed about controlling the narrative on China.
-
Morgan Stanley said Chief Executive James Gorman will receive a base salary of $1.5 million in 2013, nearly double the $800,000 he received last year.
-
A U.S. appeals court on Thursday rejected Apple request to revive its bid for a sales ban on Samsung's Galaxy Nexus smartphone.
-
Russell Wasendorf Sr., who admitted looting more than $100 million from broker Peregrine Financial Group in a scheme that shook confidence in the U.S. futures industry, was sentenced to 50 years.
-
The Obama administration has adopted a strict definition of affordable health insurance that will deny assistance to millions of Americans with modest incomes who cannot afford family coverage offered by employers, The NYT reports.
-
With the Dow Jones industrial average on track for its best January since 1989 and the S&P 500 off to its fastest start since 1997, one of Wall Street's most-accurate prediction tools, the January Barometer, is flashing a green light for stocks.
-
Olly Burrows, senior banks analyst at Rabobank, tells CNBC that the vast amount of legislation brought in after the banking crisis is now affecting credit flow to the real economy.
-
European markets have opened flat, with a focus on earnings.
