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German lawmakers back early retirement plan

May 23rd, 2014 (0)
German lawmakers have approved a pension-reform package including a much-criticized provision for some people to retire early on full pensions. Germany is raising the retirement age to 67 from 65 but plans, at the insistence of Chancellor Angela Merkel’s ...

Soft Futures market outlook

May 23rd, 2014 (0)
Wheat futures once again started firm, but whether they will end that way… There may be some cause to hope that the trend which set in on Tuesday, of strong starts followed by weak closes, may come to an ...

German Business Confidence Declines as Economy Seen Slowing

May 23rd, 2014 (0)
German business confidence declined more than economists forecast amid signs that growth in the euro area’s largest economy will slow this quarter. The Ifo institute’s business climate index, based on a survey of 7,000 executives, fell to 110.4 in ...

EU Market Rules, Logitech Probe, Finra Fines: Compliance

May 23rd, 2014 (0)
Europe’s capital markets are getting a new foundation. The 28-nation European Union’s top markets regulator yesterday made public more than 800 pages of proposed rules that cover everything from high-frequency trading curbs to transparency requirements for bond markets and ...

Toyota Recalls 466,000 Vehicles Globally For Spare Tire, Braking Issues

May 23rd, 2014 (0)
Toyota Motor Corp said on Thursday it is recalling 466,000 minivans and cars globally, mostly in the United States, for possible faulty brakes and loss of a spare tire. The Japanese automaker said it is recalling about 16,000 Lexus GS ...

Dollar better bid after data, euro hobbled by rate cut view

May 23rd, 2014 (0)
The dollar hovered at one-week highs against the yen and held its ground on the euro early on Friday, having drifted up broadly after promising U.S. housing and factory activity data gave Treasury yields a bit of a lift. ...

Huge oil reserves in southern England

May 23rd, 2014 (0)
A report published on Friday is expected to say that there are several billion barrels of oil in shale rocks under large parts of southern England. But getting the oil out of the ground will involve the controversial process ...

FSMA to ban certain financial products’ marketing

May 22nd, 2014 (0)
The Financial Services and Markets Authority (FSMA), the Belgian regulatory authority, published an announcement as follows: The marketing of certain financial products to retail clients in Belgium will be banned starting on 1 July 2014. The Regulation to this ...

How Google overtook Apple to become the world’s most valuable brand

May 22nd, 2014 (0)
Google has surpassed Apple as the world’s most valuable brand, according to MillwardBrown’s 2014 BrandZ ranking. Apple, which had been #1 in the prior three years, fell 20% in brand value to an estimated $147.9 billion amid a “growing perception that ...

Facebook, Google Balk at Loophole in Bill to Rein in NSA

May 22nd, 2014 (0)
A group of technology companies, including Facebook Inc. (FB), Google Inc. (GOOG) and Apple Inc. (AAPL), said the bill U.S. lawmakers plan to vote on today to limit National Security Agency spying doesn’t go far enough. The legislation “has ...
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