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  • Europe closes flat as Greece gets short-term aid Friday, 17 Jul 2015 | 11:30 AM ET
    German Chancellor, Angela Merkel

    European equities finished around the flatline on Friday, after the European Council approved a short-term loan to Greece.

  • Your mutual fund statement, explained by a robot Friday, 17 Jul 2015 | 10:12 AM ET
    Narrative Science

    USAA has made a big bet on startup Narrative Science, which turns mountains of data into reports that read like a person wrote them.

  • VW, GM shudder as China profit engine sputters Thursday, 16 Jul 2015 | 5:31 PM ET

    Both Volkswagen and GM are heavily exposed to China, which remains a growth market, but last week cut its 2015 forecast for vehicle sales. Barclays downgraded GM's stock to "equal weight" from "overweight" on Thursday, saying it was likely to face the sharpest of the China headwinds among the U.S. autos and auto part makers it covers. GM made 40 percent of its net income...

  • July 16- Intel Corp's move to delay the launch of its next generation chip technology to 2017 may see the company lose ground to rivals Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd. Intel's shares opened 2.7 percent higher on Thursday it lowered its 2015 capex forecast for a second time, and at least five analysts raised their share...

  • BRASILIA, July 15- Brazil's investigation of an alleged currency cartel formed by 15 of the world's largest banks could expand to more financial institutions but it is unlikely to result in trading bans, the head of antitrust watchdog Cade told Reuters on Wednesday. Vinicius Carvalho, making his first public comments on the investigation, said the case was...

  • *China- exposed European stocks seem vulnerable. LONDON, July 15- European auto and luxury goods shares face a bumpy ride due to their high exposure to China, where recent economic data has failed to dissipate investor concerns about growth and volatile stock markets. While European shares look poised to rally again after a Greek debt deal that reduces the risk of...

  • *Relief over Greece and China main driver of gain. TOKYO, July 15- Japan's Nikkei share average extended gains on Wednesday, thanks to relief the worst may be over for Chinese share markets and the debt crisis in Greece, with stronger-than-expected Chinese economic data giving an additional boost. If those two risk factors are behind us, then the focus will be on...

  • *Investment bank core to Barclays- chairman. *Barclays investment bank down two to 8th biggest in world. LONDON, July 14- Any investment bankers hoping for an easier ride at British bank Barclays after Chief Executive Antony Jenkins was ousted last week may be in for a surprise.

  • *Eyes on China after stock market fall. *Fed's Yellen to go before Congress Wednesday-Thursday. For those watching the world economy, China, not Greece, has for a while remained the number one concern.

  • LONDON/ NEW YORK, July 10- British bank Barclays may not pick its next chief executive until early next year, potentially leaving new Chairman John McFarlane in charge for at least eight months. McFarlane fired CEO Antony Jenkins on Wednesday and said he was in no rush to name a successor and will conduct a global search of internal and external candidates.

  • *Fast Retailing tumbles on weak domestic sales outlook. TOKYO, July 10- The Nikkei share average rose on Friday morning as surging China markets eased worries, but gains were capped by sharp losses in Fast Retailing Co on its weak domestic sales outlook for the current quarter. In China, the Shanghai Composite index and the CSI300 index of China's biggest listed...

  • *Barclays 4th big European bank to change CEO this year. LONDON, July 9- Barclays has joined three other European banks in ousting its chief executive, a top-level clear out that has raised expectations of big changes at the banks and triggered an $8 billion jump in their market value. The new leadership at Standard Chartered, Credit Suisse and Deutsche Bank could...

  • FACTBOX-Contenders to be Barclays chief executive Thursday, 9 Jul 2015 | 8:48 AM ET

    Morzaria was born in Uganda and moved to Britain in 1971. The British citizen, who graduated in computer science and accounting from Manchester University, is a qualified chartered accountant. He has also worked at Credit Suisse and SG Warburg. Colm Kelleher, Morgan Stanley president of institutional sales: 3/ 1.

  • BEIJING/ SHANGHAI, July 9- Beijing's increasingly frantic attempts to stem a stock market rout were finally rewarded as Chinese shares bounced around 6 percent on Thursday, but the costs of heavy-handed state intervention are likely to weigh on the market for a long time. The rebound came after China's securities regulator, in its most drastic step yet to arrest...

  • BEIJING/ SHANGHAI, July 9- Chinese stocks rebounded around 6 percent on Thursday, as Beijing's increasingly frantic attempts to arrest a sell-off that has roiled global financial markets finally appeared to gain some traction. In the most drastic step yet to prop up the market, China's securities regulator banned shareholders with large stakes in listed...

  • BEIJING/ SHANGHAI, July 9- Chinese stocks rallied on Thursday after the securities regulator banned shareholders with large stakes in listed firms from selling, in Beijing's most drastic step yet to stem a sell-off that has roiled global financial markets. In what was at least a temporary reprieve, the CSI300 index of the largest listed companies in Shanghai...

  • NYSE said the outage was due to an internal technical issue and not the result of a cyberattack. "It's not a good day, and I don't feel good for our customers who are having to deal with the fallout," NYSE President Thomas Farley told CNBC during the halt. NYSE, which traces its roots back to an agreement under a Buttonwood tree on Wall Street in 1792, handled 6.12 percent...

  • "It's not a good day, and I don't feel good for our customers who are having to deal with the fallout," NYSE President Thomas Farley told CNBC during the halt. The NYSE accounts for more than 60 percent of S&P 500 volume at the close of the market, according to Credit Suisse analyst Ana Avramovic. "If you don't have all the orders on that marketplace on the close, the pricing...

  • *55 percent probability Greece leaves euro zone- economists. *High risk of Greece defaulting on ECB debt payment on July 20. But months of negotiations between Athens and its creditors has so far yielded nothing and Greece became the first developed economy to default on a debt payment to the International Monetary Fund last month.

  • By Tuesday afternoon, the crowded race to the exit was winding down, with prices recovering from three-month lows as traders reassessed the factors they blamed for the worst slide in four months: Greece's debt woes; China's stock market meltdown; talks with Iran over its nuclear program; a stronger dollar; a rise in the number of U.S. oil rigs; a breach of key...