Barclays is braced for further job losses at its investment bank, as the re-shaping of the bank continues.» Read More
NEW DELHI, March 14- India's wholesale price-based inflation eased to a nine-month low in February as food and fuel prices moderated, raising expectations that the central bank would leave interest rates unchanged at its policy review next month.
*MSCI ex- Japan skids to three week lows, on track for weekly loss. TOKYO, March 14- Asian shares skidded to a three-week low and the yen held steady at lofty levels on Friday, as heightened tension in Ukraine ahead of a weekend referendum prompted investors to shed riskier assets.
March 13- Barclays is reviewing the size and shape of its investment bank, in a review that is expected to result in it shrinking and focusing on its most profitable areas, two people familiar with the matter said on Thursday. A spokesman for Barclays said there were no plans for any change in leadership in the investment bank.
March 13- Barclays is planning to axe thousands of jobs in a radical shakeup of its investment banking division and may replace the European and U.S. heads of the unit, the Financial Times reported, citing sources.
TORONTO, March 13- Toronto-Dominion Bank hopes to expand its U.S. wealth management business, targeting a million people with at least $100,000 in liquid assets who already are customers of its growing U.S. retail bank, said a senior executive of Canada's second-largest lender.
*Credit Suisse also says sees slowdown in parts of fixed income. PARIS, March 13- Deutsche Bank said on Thursday it has had a "slow" start to the year in its investment bank, due to market uncertainty related to the crisis in Ukraine and concerns about economic growth in China and Germany.
Treasuries prices edged lower on Thursday on better-than-expected U.S. retail sales and jobless claims data, but lingering concerns over China's economy and geopolitical tensions in Russia and Ukraine limited losses.
HONG KONG/ SHANGHAI/ SYDNEY, March 13- Chinese funds taking massive short positions played a powerful role in copper's slide to around four-year lows this week, signalling the growing force of the sector in global commodities markets.
COPENHAGEN, March 13- Shares in Danish outsourcing company ISS jumped by more than 15 percent from the offer price after they returned to the Copenhagen stock market on Thursday.
*U.S. Senate announces its own probe of GM, NHTSA over recall. *Senate, House say criminal investigation could complicate their probes.
*Senate, House say criminal investigation could complicate their probes. DETROIT/ WASHINGTON, March 12- General Motors Co said on Wednesday that even after the vehicles in its ignition-switch recall are repaired, owners should avoid weighing down their key rings with anything more than the key and fob.
SAO PAULO, March 12- The hiring of three top bankers of BR Partners Banco do Investimento SA by New York- based Moelis& Co LLC was "improper and unethical," Ricardo Lacerda, chief executive officer of the Brazilian investment bank, said on Wednesday, adding that BR Partners is considering possible action.
*Sell-off in copper on China concerns seen overdone. *No evidence of deals unravelling in China- industry. LONDON, March 12- Copper rebounded from earlier losses on Wednesday as a sell-off triggered by concerns about the impact of credit problems in China was considered to be overdone.
*India's national elections to kick off on April 7. NEW DELHI, March 12- India's flagging economy delivered rare good news on Wednesday with a slight expansion of industrial production and further cooling in consumer prices, offering some respite to the ruling coalition before next month's general election.
*No evidence of systemic risk or deals unravelling in China- industry. LONDON, March 12- Copper extended losses for a fourth straight session on Wednesday, sinking to fresh 44- month lows on persistent worries about the potential for credit problems in China to unleash metal from inventories.
March 12- Energy XXI Ltd will buy its closest rival EPL Oil& Gas Inc for $1.53 billion as the company looks to better compete with private-equity backed explorers such as Fieldwood Energy in the shallow-water region of the Gulf of Mexico. Energy XXI said on Wednesday the acquisition would boost its production to about 65,000 barrels of oil equivalent per day.
*No evidence of systemic risk or deals unravelling in China- industry. LONDON, March 12- Copper spiralled lower for a fourth straight session on Wednesday, sinking to fresh 44- month lows on persistent worries about the potential for credit problems in China to unleash metal from inventories.
President Dilma Rousseff, or whoever wins the election, will have to make deep budget cuts, raise taxes and take other painful steps to address Brazil's growing financial imbalances. Economists currently expect Brazil's gross domestic product to grow 1.68 percent this year, and 2 percent in 2015, according to a weekly survey by the central bank.
*Shanghai copper futures lowest since 2009, gold hits 5-1/ 2 mth high. LONDON, March 12- A dizzying fall in copper to a near four-year low compounded increasing concern in China over its economic slowdown on Wednesday to send a wave of unease sweeping through world markets.
*Copper prices melting as Shanghai futures hit lowest since 2009. SYDNEY, March 12- Asian stock markets swung lower on Wednesday as economic uncertainty in China and the United States combined with political tensions in Ukraine to keep investors cautious and commodities under a dark cloud.