Business

China manufacturing contracts, Korea exports slump as Asia’s woes deepen

1 September 2015

An employee works on an assembly line producing Mercedes-Benz cars at a factory of Beijing Benz Automotive Co. (BBAC) in Beijing, China, August 31, 2015. REUTERS/Kim Kyung-Hoon

China’s giant manufacturing sector contracted and exports from South Korea tumbled by the most in six years….read more

 

 


Calpers, Calstrs oppose joint CEO-chairman role at Bank of America

1 September 2015

A Bank Of America sign is pictured in the Manhattan borough of New York August 21, 2014. REUTERS/Carlo Allegri

Two of America’s biggest public pension funds have come together to oppose an amendment of bylaws….read more

 

 


Exclusive: Citi aims to boost equities franchise amid industry shakeout

31 August 2015

A Citigroup office is seen at Canary Wharf in London, Britain May 19, 2015. REUTERS/Suzanne Plunkett

Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalize on a retrenchment by….read more

 

 


Asian stocks set for worst monthly drop in three years as Fed, China loom

31 August 2015

A pedestrian is reflected on an electronic board showing the graph of the recent fluctuations of the Japan's Nikkei average outside a brokerage in Tokyo, Japan, August 27, 2015. REUTERS/Yuya Shino

Global financial markets looked set for another rough week on Monday, with stocks and commodities falling….read more

 

 


Brazil’s economy enters recession

30 August 2015

Brazil has entered-business-people re-el magazineBrazil has entered recession after official figures showed the country’s economy contracted by 1.9%….read more

 

 


Ashley Madison courted several buyers, landed none before attack

29 August 2015

A photo illustration shows the privacy policy of the Ashley Madison website seen behind a smartphone running the Ashley Madison app in Toronto, August 20, 2015. /Mark Blinch

The owner of adultery website Ashley Madison had already been struggling to sell itself or raise funds for….read more

 

 


Facebook has a billion users in a single day, says Mark Zuckerberg

28 August 2015

Mark Zuckerberg business-people re-el magazineFor the first time over a billion people used Facebook on a single day, according to company….read more

 

 


Shanghai shares end week almost 8% lower as markets recover

28 August 2015

Chinese shares-business-people re-el magazineChinese shares ended the week almost 8% lower after volatile trading that started on Monday with shock losses….read more

 

 


Asian shares wobble as China rate cut fails to calm nerves

26 August 2015

Investors look at computer screens showing stock information at a brokerage in Shanghai, China, August 26, 2015. REUTERS/Aly Song

Asian shares struggled on Wednesday as investors feared fresh rate cuts in China would not be enough to….read more

 

 


Great fall of China sinks world stocks, dollar tumbles

24 August 2015

An investor stands in front of an electronic board showing stock information at a brokerage house in Shanghai, China, August 24, 2015. REUTERS/Aly Song

Alarm bells rang across world markets on Monday as a 9 percent dive in Chinese shares and a sharp drop….read more

 

 


 

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