Ronnie Mansolillo / Blog
European stocks dropped for a fourth day on concern the region is slowing, hurting global growth. Asian shares fell with metals and Brent crude slumped to the lowest since 2010. The Stoxx Europe 600 Index lost 0.8 percent by 8:26 a.m. in London. The MSCI Asia Pacific Index sank 1...
The Bank of Japan won’t reach its 2 percent inflation target next year and needs to manage expectations, according to the International Monetary Fund. “The BOJ hasn’t lowered the flag on that yet,” Naoyuki Shinohara, a deputy managing director at the IMF, said in an interview in Washington...
Sony Corp. (6758) is turning to the booming PlayStation business to help its struggling smartphone division, unveiling a new mobile handset with Verizon Communications Inc.’s network that streams video games. The new Xperia Z3v phone will go on sale in the U.S. on Oct...
Gold prices capped the longest rally since June amid easing concern that the Federal Reserve is close to raising interest rates, reviving demand for the metal as an inflation hedge. More than $1...
Investors who quickly read their brokerage statements and just glance at the bottom line have reason to look more closely, even at portfolios that are less active: There’s a risk that cyber thieves could hack into your account and wire money to their own accounts, or make unauthorized trades to m...
Mario Draghi’s policy tools are being blunted in Berlin. The European Central Bank president has stopped short of large-scale sovereign-bond purchases as efforts to mollify Germany’s political elite do little to silence criticism of his ever-more expansionary measures...
Barclays Plc (BARC) agreed to pay $20 million and cooperate with a group of Eurodollar-futures traders suing other banks, to settle litigation over manipulation of the benchmark London interbank offered rate. The accord, reached Oct...
FRANKFURT--German exports in August suffered their biggest monthly fall since January 2009, adding to a recent spate of dismal economic indicators from Europe's largest economy, data from the country's Federal Statistics Office showed Thursday. Exports plunged by 5...
Want to make your mark in M&A – or maybe restructuring, at a smallish house, possibly from the U.S., with a frontier-type attitude, preferably in the City? You’re in luck. Financial News says they’re cropping up like Cronut vendors in 2013. Firstly, Stephens Europe is expanding...
More than 8,000 people signed a petition last year on Change.org urging Walt Disney Co. (DIS) Chairman and Chief Executive Officer Robert Iger to “Save Disneyland Paris...