News by: Himanshu Singh
General Electric’s shares fell 3.1% after rallying on Friday, when the company said it may return more than $90 billion to investors through 2018.
And banks could be forced to pay out billions in compensation for mis-selling payment protection insurance.
SoftBank Corp. jumped 2.1% after a report that SnapDeal.com, in which the Japanese phone company owns a stake, is planning a US listing.
And banks are set to pay out billions more in compensation for missold payment protection insurance policies, as claims continue to flood in.
And David Cameron will pledge on Saturday to spend at least £8 billion per year extra on the health service by 2020.
The energy sector surged 1.5% on the back of a 1.8% rise in Brent crude LCOc1, which rebounded from a drop of 6% on Wednesday.
And France widens HSBC Swiss bank inquiry to global holding company.
And IMF has warned that fund managers pose threat to global financial stability.
Equities moved between negative territory and session highs as traders looked for clues as to when the first rate rise could occur.
And FedEx agrees to buy TNT Express for €4.4 billion in its bid to expand foothold in Europe.
Traders avoided big bets ahead of quarterly results, which are widely expected to decline due to a stronger dollar.
Expectations the Fed could hold off longer on raising US interest rates offset concerns over Friday's surprisingly weak monthly jobs report.
And Cadbury hit with $92 million tax bill in India over providing inaccurate information when claiming an excise tax exemption linked to a factory.
Japanese exporters suffered the most after the weaker-than-expected US data saw the dollar decline to 118.81 yen.
And Russian billionaire Mikhail Fridman is drawing up plans for a $16 billion investment spree in telecoms and technology businesses in Europe and the US.
And Diageo raised a glass to its Gleneagles Hotel subsidiary after the iconic golf venue paid its parent a £41.8 million dividend last year.
And an interest rate increase in the US this summer looks much less likely after jobs data came in significantly below expectations yesterday.
The consumer discretionary sector gained the most yesterday, helped by CarMax.
And HSBC is 'cast-iron certain' to breach banking rules again, a senior executive admits saying its size made large-scale regulatory breaches a virtual inevitability.
And Obama to impose sanctions on overseas cyber attackers that threaten America’s national security or economic health.