Gold dives to 5-year low in sharp selloff on strong dollar
July 20, 2015
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Gold dives to 5-year low in sharp selloff on strong dollar

Spot gold hit $1,088.05 an ounce – its weakest since March 2010 – shortly after…

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Barclays plans to cut more than 30,000 jobs
July 20, 2015
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Barclays plans to cut more than 30,000 jobs

The reported job reductions could cut the London-based bank’s global workforce from approximately 132,000 to…

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Gold Prices slump to 5-year low, 4% decline Recorded
July 20, 2015
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Gold Prices slump to 5-year low, 4% decline Recorded

Gold fell to the lowest in more than five years on Monday, extending a fourth…

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Gold crashes on United States rate rise fears
July 20, 2015
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Gold crashes on United States rate rise fears

Precious metals traders say they expect a ceiling on gold around its current level or…

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SunEdison to Buy Vivint for $2.2 Billion to Expand Solar Power
July 20, 2015
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SunEdison to Buy Vivint for $2.2 Billion to Expand Solar Power

SunEdison is offering Vivint shareholders $16.50 a share, a 52% premium from Friday’s closing price…

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Bank of England chief hints at rate rise soon as year’s end
July 20, 2015
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Bank of England chief hints at rate rise soon as year’s end

The Bank of England has repeatedly said that any increase to base rate will be…

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Nexen apologizes for pipeline leak
July 20, 2015
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Nexen apologizes for pipeline leak

Nexen shut down the pipeline at its 72,000-barrel-per-day Long Lake facility, about 36 kilometres southeast…

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Merkel urges German Parliament to back Greek talks
July 20, 2015
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Merkel urges German Parliament to back Greek talks

German Finance Minister Wolfgang Scheauble, for instance, has been a vocal critic of Greece’s reluctance…

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Morgan Stanley 2Q profit falls 9 percent
July 20, 2015
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Morgan Stanley 2Q profit falls 9 percent

As indicated by earningswhispers.com, Morgan Stanley should report earnings per share (EPS) of $0.79, beating…

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Barclays share price: Bank to slash 30,000 jobs in turnaround drive
July 20, 2015
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Business

Barclays share price: Bank to slash 30,000 jobs in turnaround drive

The bank is already undergoing a major cost-cutting programme which saw 14,000 posts slashed past…

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