Beijing said to choose London for first offshore sovereign debt market
October 15, 2015
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Beijing said to choose London for first offshore sovereign debt market

“It’ll benefit China’s push to make the yuan an official reserve currency and its aim…

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Kids Company bosses grilled by MPs over misuse of public funds
October 15, 2015
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Kids Company bosses grilled by MPs over misuse of public funds

Kids Company chief executive Camila Batmanghelidjh is facing a grilling from MPs on 15 October…

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Inflation Rises To 9.4 Per Cent In September
October 15, 2015
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Inflation Rises To 9.4 Per Cent In September

The fall in September inflation was mainly driven by easing food price rises, according to…

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SABMiller rejects AB InBev’s 3rd acquisition offer
October 15, 2015
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SABMiller rejects AB InBev’s 3rd acquisition offer

SABMiller added that its statement was released “without the prior agreement or approval of AB…

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Early trade in New York: Dollar rises against basket of currencies
October 15, 2015
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Early trade in New York: Dollar rises against basket of currencies

Asian shares rose on Thursday and the dollar struggled near multi-week lows after weak US…

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China’s ‘Big Three’ network operators inject 214b yuan assets into telecoms
October 15, 2015
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China’s ‘Big Three’ network operators inject 214b yuan assets into telecoms

Once their asset disposals are completed, China Mobile’s stake in China Tower will be at…

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Goldman Sachs blames global market fears as third-quarter earnings fall short
October 15, 2015
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Goldman Sachs blames global market fears as third-quarter earnings fall short

Goldman Sachs reported diluted earnings per share (EPS) of $2.90 ($1.43 billion earnings) in third…

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Producer Prices Declined in September
October 15, 2015
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Business

Producer Prices Declined in September

The consumer price index (CPI) – the basket of goods and services used to measure…

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Fed Governor: Not “Appropriate” to Raise Rates Now
October 15, 2015
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Fed Governor: Not “Appropriate” to Raise Rates Now

Traders see about a 40 percent chance the Fed will hike in December, and give…

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Oprah’s New Show ‘Belief’ Shares Stories, Allows People To Connect
October 15, 2015
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Business

Oprah’s New Show ‘Belief’ Shares Stories, Allows People To Connect