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Crude Oil Prices Continue Decline, Dropping to Lowest Levels Since 2012
The main international benchmark fell about 2 percent, and the American equivalent dropped below $90 a barrel.
Thu, 02 Oct 2014 13:56:58 GMT
DealBook: Allianz Chief Executive to Step Down Next May
The German insurer, which owns Pimco, requires its top executives to step down when they turn 60, and Michael Diekmann turns 60 next year. The management change comes amid turmoil at Pimco.
Thu, 02 Oct 2014 13:46:14 GMT
DealBook: Virgin Money Planning London I.P.O. in October
The British financial services company is the latest challenger to larger, more traditional banks in Britain to plan to list its shares. It expects to raise about $242 million.
Thu, 02 Oct 2014 13:19:05 GMT
DealBook: Rocket Internet Shares Fall in Frankfurt Trading Debut
The German technology company?s initial public offering, one of the largest in the country in more than a decade, has tested European investor appetite for Internet companies.
Thu, 02 Oct 2014 13:02:29 GMT
E.C.B. Leaves Key Interest Rate Unchanged
The decision to keep the benchmark rate at 0.05 percent was a foregone conclusion because the rate is already effectively as low as it can go.
Thu, 02 Oct 2014 11:50:25 GMT
Global Stocks Succumb to Growth Fears; ECB Trillion Euro Question Awaits
World stocks and oil were knocked hard on Thursday after global manufacturing data and an Ebola health scare in the United States spooked markets, sending investors scurrying to the safety of U.S. bonds, the yen and gold.
Thu, 02 Oct 2014 09:03:50 GMT
U.S. Will Increase Production of the Ebola Drug ZMapp, but May Not Meet Demand
Supplies of ZMapp, which is seen as the most promising experimental treatment for Ebola, are expected to be limited to hundreds or thousands of treatment courses by early 2015.
Thu, 02 Oct 2014 01:52:16 GMT
G.M. Details Plan to Increase Profits
The automaker told investors and analysts that it would cut costs and expand its China operations, emphasizing growth and financial results.
Thu, 02 Oct 2014 00:20:06 GMT
Indians Join the Wave of Investors in Condos and Homes in the U.S.
Not-so-superrich Indians are joining buyers from other countries who see the recovering United States housing market as a safe haven for their money.
Wed, 01 Oct 2014 23:33:35 GMT
Bits Blog: German Regulator Warns Google Over Collecting Users? Data
The city of Hamburg?s data protection commissioner said the tech giant?s information gathering risked creating ?meaningful and comprehensive? records of individuals without consent.
Wed, 01 Oct 2014 22:12:58 GMT
DealBook: Rocket Internet Prices Its I.P.O.
The German technology company Rocket Internet has priced its initial public offering at the top of its price range at 42.5 euros a share, valuing the company at roughly $8.4 billion.
Wed, 01 Oct 2014 22:04:51 GMT
Gadgetwise: Getting Value Out of an Old iPhone, Galaxy or Similar Device
Mailing your phone to a reseller, handing it to a cellphone store or putting it up for sale online can reduce or fully cover the price of an upgrade.
Wed, 01 Oct 2014 22:03:54 GMT
France Produces a ?No Austerity? Budget, Defying E.U. Rules
The plan defers bringing the budget deficit within a European threshold until 2017, as Paris said that a more rapid shift would harm the economy.
Wed, 01 Oct 2014 21:47:06 GMT
Machine Learning: Mobile Malware: Small Numbers, but Growing
A soaring percentage increase in phone infections is tempered by the fact that some basic tech hygiene will usually protect you.
Wed, 01 Oct 2014 21:36:08 GMT
British Nominee to Oversee E.U. Financial Markets Faces Skeptics in Brussels
Jonathan Hill was pressed to explain why someone from outside the eurozone should write the rules governing financial markets and the banking sector across Europe.
Wed, 01 Oct 2014 20:32:34 GMT
E.U. Telecom Companies Look for Room to Grow
Senior executives called on regulators to allow more consolidation within the sector as a way to help Europe?s economy.
Wed, 01 Oct 2014 20:09:54 GMT
British Regulator Will Investigate Tesco Over Erroneous Guidance
The announcement dealt another blow to the supermarket chain, whose stock has fallen by nearly half since the start of the year.
Wed, 01 Oct 2014 19:08:16 GMT
Protesters in Hong Kong Are Targets of Scrutiny Through Their Phones
A fake mobile app, aimed at luring demonstrators, is being used to eavesdrop on individuals and their data, a mobile security company says.
Wed, 01 Oct 2014 18:29:31 GMT
App Smart: Smartphone Photography Evolves With Camera Apps and Related Tools
There are plenty of apps that help you take better pictures with your phone, or even with your regular camera.
Wed, 01 Oct 2014 17:50:54 GMT
Green Column: Badger Hunts Divide Britons
The government has authorized a cull of hundreds of the animals in an attempt to combat bovine tuberculosis, which badgers can transmit.
Wed, 01 Oct 2014 15:59:37 GMT
Bits Blog: The iPhone 6 Coming Soon to China, After Stern Look at Security
The Chinese government said that after it presented Apple with concerns about the iPhone 6?s security features, the company provided it with ?official materials? to address them.
Wed, 01 Oct 2014 15:55:19 GMT
DealBook: EBay to Spin Off PayPal, Adopting Icahn?s Strategy
The move, which the activist investor Carl C. Icahn had called for, will cleave eBay almost in half and separate it from a company that generates almost half its revenue.
Wed, 01 Oct 2014 15:52:36 GMT
DealBook: Ackman Fund Raises More Than $3 Billion in Amsterdam I.P.O.
The initial public offering of Pershing Square Holdings is expected to give the activist investor William A. Ackman a permanent pool of capital to make bigger, bolder bets.
Wed, 01 Oct 2014 15:43:32 GMT
New York Times Plans to Eliminate 100 Jobs in the Newsroom
The paper, saying it needed to reduce costs to safeguard profitability, said it would cut about 100 news jobs and a smaller number in other operations.
Wed, 01 Oct 2014 13:14:44 GMT
DealBook: Shares of German Online Retailer Zalando Rise in Frankfurt Debut
The shares rose as much as 14 percent in their first day of trading, but retreated from that level later in the session.
Wed, 01 Oct 2014 13:00:24 GMT
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