News by: Himanshu Singh
And Barclays faces a barrage of shareholder anger over excessive pay following another troubling year for the bank.
And America’s two largest former investment banks report increased earnings but Morgan Stanley's profits rise and Goldman's fall.
Shares eked out modest gains as results from General Electric and Morgan Stanley beat estimates.
Shares rose after Fed Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo! earnings topped estimates.
And UK interest rates are expected to climb to 1.75% next year, according to a Treasury survey of City economists.
Shares gained yesterday as earnings from Coca-Cola Co. and Johnson & Johnson overwhelmed concerns that tensions in Ukraine are worsening.
And a let-up in petrol price rises helped UK inflation fall to 1.6% in March from 1.7% in February.
And Google has bought drone manufacturer Titan Aerospace, as both Google and Facebook are racing to provide internet access with aircraft.
Investors shrugged off geopolitical tensions to buy equities after receiving a boost from solid earnings from Citigroup and a strong pick-up in retail sales last month.
And insiders at some of the hottest private and publicly traded internet companies unloaded substantial personal stakes ahead of the slump in tech stocks .
Raw-material companies fell, while telecommunications shares advanced in morning session.
And if Scotland votes for independence, the UK’s defence and aerospace industries risk losing their status as a big player, says ADS chief.
And Co-operative Bank's annual report and accounts, issued yesterday, after two delays, showed a £1.3 billion loss.
The Dow Jones plummeted 267 points, the S&P 500 lost 39 points and the Nasdaq fell 130 points.
And biotechnology companies suffered their biggest one-day share price drop in 30 months.
And Guinea to strip Beny Steinmetz company of lucrative mining concessions after an investigation into corruption.
Stocks ended up more than 1% led by tech shares after Fed minutes eased concern about the timing of future interest-rate increases.
And a new “leverage ratio” will force the eight largest US banks to hold a minimum of 5% equity to total assets to absorb losses in a crisis.
Gains were capped by a decline in banking stocks as regulators finalised the rule to limit banks' reliance on debt.
And a radical overhaul of the national accounts this autumn will double the official measure of household savings.
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