GO
Loading...

Barclays PLC

More

  • Ferrari looks to burnish brand value ahead of IPO Thursday, 11 Dec 2014 | 1:11 AM ET

    MILAN— Ferrari's sleek sports cars and souped-up Formula 1 racing machines have made the prancing horse logo among the world's most powerful brands. The Made-in- Italy luxury goods sector is abuzz over whether Marchionne's ambition could facilitate the creation of an alliance of high-end producers, one that might stand up to the French conglomerates like...

  • TOKYO, Dec 11- Asian stocks fell on Thursday as falling oil prices added to global growth concerns, while the dollar saw a bit of a respite against the yen and euro after successive sharp losses. Spreadbetters expected the bearish tone for equities to continue into Europe, forecasting Britain's FTSE to fall by as much as 0.3 percent at the open, and Germany's DAX and...

  • Dec 11- The New York banking regulator is investigating if Deutsche Bank and Barclays Plc used algorithms on their trading platforms to manipulate foreign exchange rates, a source with direct knowledge of the matter told Reuters. Benjamin Lawsky, the head of New York's Department of Financial Services, has ordered a monitor to be installed at Deutsche Bank and...

  • Fiat Chrysler prices share offering at $11 each Thursday, 11 Dec 2014 | 12:09 AM ET

    Dec 11- Fiat Chrysler Automobiles NV said it had priced an offering of 87 million common shares at $11.00 each as the carmaker seeks funds to cut debt and pay for an ambitious investment plan. The mandatory convertible securities will be issued in denominations of $100 each and will be converted into FCA common shares on Dec. 15, 2016, it said.

  • Dec 10- The New York banking regulator is investigating if Deutsche Bank and Barclays Plc used algorithms on their trading platforms to manipulate foreign exchange rates, a source with direct knowledge of the matter told Reuters. Benjamin Lawsky, the head of New York's Department of Financial Services, has ordered a monitor to be installed at Deutsche Bank and...

  • TOKYO, Dec 11- Asian stocks fell on Thursday as falling oil prices continued to feed into global growth concerns, while the dollar struggled against peers such as the yen and euro after a further drop in U.S. bond yields. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 percent as another large decline in oil prices took a heavy toll on energy...

  • TOKYO, Dec 11- Asian stocks fell early on Thursday as falling oil prices continued to feed into global growth concerns, while the dollar lost more ground against peers such as the yen and euro after a further drop in U.S. bond yields. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent as another large drop in oil prices took a heavy toll...

  • NEW YORK, Dec 10- U.S. stocks lost more than 1 percent on Wednesday in the S&P 500' s biggest decline since Oct. 13 as another big drop in oil prices hammered energy shares. Selling accelerated in afternoon trading, and by day's end, NYSE declining issues outnumbered advancers by a ratio of 4.66 to 1 ratio. Brent crude touched a new five-year low of $63.56 as Saudi...

  • NEW YORK, Dec 10- U.S. stocks extended their declines on Wednesday afternoon, with all three major indexes down more than 1 percent each as the energy sector resumed its recent slide along with oil prices. Selling picked up in early afternoon, with declining issues outnumbering advancing ones on the NYSE by 2,450 to 613, for a 4.00- to-1 ratio.

  • NEW YORK, Dec 10- U.S. stocks extended their declines in afternoon trading on Wednesday as the energy sector resumed its recent slide along with oil prices. Exxon Mobil, down 3.2 percent, led declines on the S&P 500.. "Oil seems to be the one theme that has more control over the direction of the market and the degree that volatility emerges than any other theme right now,"...

  • *Oil price slump could herald return of mega-mergers. LONDON, Dec 10- Plunging oil prices look set to trigger another wave of industry consolidation after a decade when mega-deals were scarce, but investors want to see mergers that can squeeze out cost savings and only after a lavish dividend is paid. "Anyone who doesn't think consolidation is going to happen must...

  • *China inflation falls to 5- year low of 1.4 pct. LONDON, Dec 10- Oil prices were anchored near five-year lows and Germany's benchmark government bond yield fell to a record low on Wednesday as concerns over Greece's political and financial prospects spurred demand for safety. At 1220 GMT Britain's FTSE 100 was up 0.2 percent at 6,542 points, Germany's DAX was up...

  • *Skymark in talks with four funds on capital injection. *Skymark is also talking to JAL on code-sharing. Skymark, which began code-sharing talks with Japan's second-largest carrier Japan Airlines Co Ltd last month, will also hold similar talks with their bigger rival ANA.

  • WASHINGTON, Dec 9- U.S. wholesale inventories rose more than expected in October, prompting some economists to raise their growth forecasts for the fourth quarter. The Commerce Department said on Tuesday wholesale inventories increased 0.4 percent, despite an energy price-related decline in the value of petroleum stocks. Barclays raised its...

  • *Deutsche Bank retains its rankings in league tables. FRANKFURT, Dec 9- Deutsche Bank's determination to be the last European in the upper echelons of global investment banking is an expensive waiting game for investors. Germany's flagship lender is holding its ground against U.S. leaders such as JP Morgan and Goldman Sachs in revenues, but its returns are...

  • Barclays: 7% growth won't matter to China  Monday, 8 Dec 2014 | 8:47 PM ET

    Jian Chang, Chief China Economist at Barclays, says a growth target of 7 or 7.5 percent won't matter much to China's domestic economy.

  • Will this country be the next oil domino? Monday, 8 Dec 2014 | 5:44 PM ET

    Nigeria started 2014 as a frontier-market darling, but now the African economy could take a body blow from the oil price decline.

  • FACTBOX-Analysts' reactions on OPEC decision Monday, 8 Dec 2014 | 5:37 PM ET

    Dec 8- Oil analysts are taking stock of the recent OPEC meeting that decided against production cuts despite a huge oversupply in world markets. "We assume no material OPEC supply cuts and no unplanned supply disruptions take place during 2015.". "Regardless of what OPEC does, we believe the market will be looking for real supply response from non- OPEC producers.

  • *Italy's credit downgrade weighs on sentiment. LONDON, Dec 8- European shares fell early on Monday, trimming some of the previous session's sharp gains after Italy's sovereign debt rating was cut late on Friday and following soft economic data from China and Japan. "The Italian downgrade is a reminder that the European sovereign debt crisis has not vanished...

  • MILAN, Dec 5- Fiat Chrysler Automobiles began meeting U.S. investors on Friday after launching a $2.5 billion convertible bond issue and a share sale to reduce its debt pile and fund an ambitious investment plan. The newly created FCA, which moved its primary share listing to New York in October, wants to invest 48 billion euros over five years to turn Jeep, Maserati...