FRANKFURT, Germany— Swiss bank Credit Suisse says net profit fell 34 percent in the first quarter as revenues decreased from its investment banking business. Profit fell to 859 million Swiss francs from 1.303 billion in the same quarter a year ago. Group core revenues fell 8 percent to 6.469 billion francs.» Read More
NEW YORK, Oct 28- Earnings season may be only half over, but the focus on profits should subside this week as investors turn their attention to the coming election and Friday's jobs data- the last major economic indicator before the Nov. 6 contest.
*New York mass transit system to close at 7 p.m. Sunday. *NYSE and Nasdaq plan to open for trading Monday. NEW YORK, Oct 28- New York- based stock exchanges are sending officials into Manhattan on Sunday to stay in hotels and coworkers' homes as the NYSE and Nasdaq prepare to open for business on Monday, even as Hurricane Sandy closes off public transportation links.
The Warner Bros. thriller from director and star Ben Affleck, inspired by the real-life rescue of six U.S. embassy workers during the 1979 Iranian hostage crisis, made nearly $12.4 million this weekend, according to Sunday studio estimates. "
*New York City subway system to shut down. HATTERAS ISLAND, N.C., Oct 28- Hurricane Sandy could be the biggest storm to hit the United States mainland when it comes ashore on Monday night, bringing strong winds and dangerous flooding to the East Coast from the mid-Atlantic states to New England, forecasters said on Sunday.
KIEV, Ukraine-- Ukraine's opposition parties performed strongly in Sunday's parliamentary vote, according to an exit poll, but President Viktor Yanukovych's party could still retain control of the legislature as its members are likely to sweep individual races across the country.
NEW YORK, Oct 28- New York City will suspend its train, subway and bus service Sunday night ahead of Hurricane Sandy, which is expected to bring strong winds and dangerous flooding to the East Coast, New York Governor Andrew Cuomo said at a news conference.
*Resource stock performance tied to China, commodities.
NEW YORK, Oct 28- New York City will suspend its train, subway and bus service Sunday night ahead of Hurricane Sandy, which is expected to bring strong winds and dangerous flooding to the East Coast, New York Governor Andrew Cuomo said at a news conference. ``If it turns and moves off, great.
PANAMA CITY, Panama-- Panama's government has repealed a measure to sell state-owned land in a duty-free zone along the Panama Canal following a week of sometimes violent protests.
HATTERAS ISLAND, N.C., Oct 28- Hurricane Sandy could be the biggest storm to hit the United States mainland when it comes ashore on Monday night, bringing strong winds and dangerous flooding to the East Coast from the mid-Atlantic states to New England, forecasters said on Sunday.
ZURICH/ LONDON, Oct 28- A metal door set into a mountain in Switzerland offers a way out for fine art investors forced to pay over the odds to insure their collections.
NEW YORK-- The New York Stock Exchange plans to open for trading as usual Monday, even as Hurricane Sandy barrels its way up the Atlantic.
According to the flight-tracking service FlightAware, 1,100 Sunday flights have been canceled as of Sunday afternoon, with more than 265 cancellations at Newark Airport, a hub of United Airlines.
KIEV, Ukraine-- Ukraine's opposition parties alleged widespread violations in Sunday's parliamentary vote, seen as a test of President Viktor Yanukovych's commitment to democracy and European values.
ATHENS, Greece-- Police have arrested the publisher of a magazine that printed what is it says is a list of more than 2,000 Greek depositors at an HSBC bank in Switzerland.
NEW YORK-- New York City announced the closings of it mass transit and school systems, both the nation's largest, and ordered residents to leave some low-lying areas Sunday ahead of the massive storm approaching the eastern third of the U.S.
SUDBURY, Ontario, Oct 28- In an office trailer parked outside a mine shaft in northern Ontario, operator Carolyn St-Jean leans back in her chair and monitors a machine loading nickel-rich ore into rail cars deep underground.
JERUSALEM-- Israel's Justice Ministry has indicted the former chairman of a major bank on charges including aggravated fraud and money laundering. The suspicions against Danny Dankner, who served as chairman of Bank Hapoalim between 2007 and 2009, center on the lender's dealings with Turkey's BankPozitif.
NEW YORK-- New York City's transit service will suspend bus, subway, and commuter rail service in advance of the massive storm expected to hit the eastern third of the United States, Gov. Subways and trains will be suspended starting at 7 p.m. Sunday, with the last buses running at 9 p.m., Cuomo said.
HATTERAS ISLAND, N.C., Oct 28- Weather forecasters warned on Sunday that Hurricane Sandy will affect a large area of the U.S. East Coast but said it was too early to pinpoint where the storm, which has the potential to be the biggest to hit the mainland, would make landfall.