News by: Himanshu Singh
The Nasdaq resumed its recent advance, boosted by a rebound in Apple Inc. shares.
And RBS moves to speed up full return to private sector as it unveiled a new restructuring plan that aims to cut costs and boost capital.
And Germany has sold five-year debt at a negative yield for the first time.
Declines in Hewlett-Packard Co. and Apple Inc. offset gains among retailers amid corporate earnings.
And Europe’s big banks will need to raise capital as ECB is trying to harmonise more than 150 national variances in capital rules among the member countries.
Shares gained as investors reacted positively to remarks from Fed Chair and Greece won EU approval for its proposed budget reforms.
Boeing Co. fell the most on the Dow industrials after Goldman Sachs cut its rating on the company to sell from neutral.
And BHP Billiton’s interim profits fell by almost half amid slumping prices for its most important commodities.
And HSBC chief Stuart Gulliver pulled into the bank’s tax scandal as the bank confirms of a Swiss bank account used for bonuses.
The Nikkei 225 gained 0.9%, while Australia’s S&P/ASX 200 Index added 0.5%.
And Andrew Higginson, who joined Morrisons’ board in October, has been hired as a special adviser to Warburg Pincus, the private equity owner of Poundland.
And under-fire HSBC closes in on £15 billion profit as analyst warns tax avoidance row 'is yet to fully unravel'.
Investors grappled with renewed drop in oil prices and a continued impasse between Greece and its creditors over loans.
And Greece defiant as Germany tears Athens' formal request of loan extension.
Energy shares fall led by Exxon Mobil following an explosion and fire at an Exxon refinery near Los Angeles and a drop in crude oil prices.
And Greece has been thrown a lifeline by the European Central Bank after the ECB agreed to €3.3 billion more emergency funds for the country’s banks.
Optimism grew that a debt deal would be reached with Greece easing fears among investors that the country could leave the eurozone.
And Greece was showing signs of buckling under pressure from its eurozone partners as it prepared to seek an extension of a loan agreement.
And Apollo and CVC close in on sale of the Lloyd’s of London insurer Brit less than a year after it floated.
Investors reacted to news that Greece and its European creditors appeared to have reached a fresh stalemate over whether to extend a bailout.