Search Results for: EY
Whiting To Buy Kodiak For $3.8 Billion, Create No. 1 Bakken Producer
July 14th, 2014
Whiting Petroleum Corp. said on Sunday it would acquire Kodiak Oil & Gas Corp. for $3.8 billion in stock, to become the largest producer in North Dakota’s Bakken shale oil formations, eclipsing Harold Hamm’s Continental Resources Inc. . By ...
Barclays Wealth exodus of high-profile staff continues
July 14th, 2014
Barely a month passes without news of another senior departure from Barclays Wealth. The unit, which manages £200bn of assets, resembles something of a revolving door, but the bank denies the high turnover of staff is indicative of retention ...
NZ Dollar Outlook: Kiwi may test post-float high as inflation looms
July 14th, 2014
The New Zealand dollar may test a post-float record this week with second-quarter inflation figures likely to underline the Reserve Bank’s path to higher interest rates, though the currency may struggle to hold those gains. The kiwi may trade ...
Samsung suspends China supplier over child labor
July 14th, 2014
Samsung Electronics Co. said it has suspended business ties with a Chinese supplier that allegedly hired children. The South Korean company, which is the world’s biggest smartphone maker, said in its blog Monday that it had found possible evidence ...
Gold Falls as Portuguese Bank Seeks to Calm Debt Concerns
July 14th, 2014
Gold declined for the first time in three days as concerns eased that banking woes in Portugal will spur a wider debt crisis in Europe, crimping demand for the precious metal as an alternative investment. Banco Espirito Santo SA ...
Traders Flood U.S. With $3.4 Trillion of Bond-Auction Demand
July 14th, 2014
The intensifying debate over when the Federal Reserve raises interest rates is little more than a sideshow when it comes to the ability of the U.S. to borrow. For all the concern fixed-income assets will tumble once the central ...
Goldman Stays Gold Bear as Bullish Wagers Increase: Commodities
July 14th, 2014
Goldman Sachs Group Inc.’s Jeffrey Currie isn’t backing down from his bearish call on gold. As bullion’s 11 percent rally this year beats gains for equities, commodities and Treasuries, he’s sticking with the view that the metal will be ...
US and EU trade talks to resume
July 14th, 2014
Officials from the European Union and the US will spend this week in Brussels trying to make progress negotiating a controversial trade deal. The Trans-Atlantic Trade and Investment Partnership (TTIP) aims to stimulate commerce by reducing barriers such as ...
China Fiscal Spending Jumps 26.1% in June
July 14th, 2014
China’s fiscal expenditure surged 26.1 percent in June from a year earlier to 1.65 trillion yuan (155.3 trillion pounds), reflecting government efforts to speed up spending to shore up the economy. Spending growth accelerated from a rise of 24.6 ...
Asian stocks rebound after portuguese bank scare
July 14th, 2014
Asian stocks rebounded Monday from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S., China and Europe. Oil edged up to stay above $100 after tumbling more than ...
