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Greece “gets so much noise from everyone, that it’s so fascinating that it causes the typical mom and pop that are saving not to want to invest because they’re afraid,” BlackRock Inc. President Robert Kapito said in an interview in Miami...
Overnight, the Greek bailout crisis has taken a disappointing turn, after yesterday’s eurogroup meeting in Brussels failed to agree a blueprint for future talks...
Tesla Motors Inc. Chief Executive Elon Musk thinks that the company’s market capitalization could equal the one of Apple Inc.’s in 10 years, says MarketWatch. Musk made the comments on a conference call with analysts following Tesla’s unexpected quarterly loss...
On Thursday the Australian dollar dropped sharply on disappointing jobs data that underlined a vulnerable view on economic recovery and on continued turmoil in Greece bailout talks...
On Wednesday the euro plunged to seven-year lows against its UK counterpart, amid mounting concerns over whether Greece will reach a compromise deal with creditors to extend its bailout program. The euro held steady against the U.S. dollar...
On Wednesday PwC issued a report detailing the difficulties facing the UK's oil and gas industry. The company argues that because of the recent drop in oil prices many British oil and gas firms will need to transform the way they operate...
The ratings agency Moody's said cheap oil will not boost the global economic growth, as it would be offset by the eurozone's economic woes as well as slowdowns in China, Japan and Russia. Thus, the agency would not be revising its growth forecasts for the G20 countries...
Egypt will join Russia-led Eurasian free trade zone, which includes Russia, Armenia, Belarus, and Kazakhstan, Egyptian President Abdel al-Sisi announced at a joint news conference with Vladimir Putin...
The British currency rose against its US peer on Wednesday, however gains were capped, as market players were concerned over Greece's uncertain future in the euro zone...
The New Zealand dollar rose against its U.S. peer on Wednesday, but gains were seen limited as market players were concerned over Greece's future in the euro zone...