- Futures up as weak earnings worries fade
(Reuters) - U.S. stock index futures rose on Tuesday after earnings results by companies including IBM <IBM.N> helped ease fears of a disappointing earnings quarter.
- Strong dollar weighs on DuPont's full-year profit forecast
(Reuters) - DuPont <DD.N> reported a better-than-expected profit as cost cuts propped up margins in some businesses but the chemical manufacturer said a stronger dollar would eat into its full-year operating profit.
- With a prince's backing, James Murdoch may soon ascend at Fox
(Reuters) - Saudi Arabia's Prince Alwaleed bin Talal is in no doubt that James Murdoch is ready to take a much bigger role at Twenty-First Century Fox, by far the largest part of the media empire that James' father Rupert Murdoch built.
- Boutique banks to suffer most if Comcast-Time Warner Cable deal vetoed
(Reuters) - Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge.
- Iran wants OPEC to pave way for its extra oil production when sanctions lifted
ANKARA (Reuters) - Members of the Organization of the Petroleum Exporting Countries (OPEC) should prepare for extra Iranian crude production when Western sanctions on Tehran are lifted, Iran's oil minister was quoted on Tuesday by state news agency IRNA as saying.
- Aberdeen, Blackrock flag risks in frothy Chinese stock markets
SINGAPORE (Reuters) - Aberdeen Asset Management's head of Asian operations warned on Tuesday that Chinese money was moving "a bit like a casino" in domestic stock markets, while BlackRock called on China to reform its capital markets further to avert boom and bust scenarios.
- BNP executive tipped as front-runner to head Bank of France
PARIS (Reuters) - Top BNP Paribas <BNPP.PA> banker Francois Villeroy de Galhau emerged as a possible candidate to replace the retiring governor of the Bank of France on Tuesday as he was named to lead a new state-sponsored investment drive.
- Inflation goal may be too low, says Fed's Rosengren: FT
(Reuters) - Central banks including the Federal Reserve may need to set higher inflation targets in the future to avoid dealing with low economic growth, Eric Rosengren, president of the Federal Reserve Bank of Boston, said in an interview with the Financial Times.
- ECB staff have proposal to tighten Greek use of emergency funding: Bloomberg
FRANKFURT (Reuters) - European Central Bank staff have prepared a proposal to increase the haircut on the security that Greek banks offer in return for emergency liquidity, Bloomberg reported on Tuesday, citing people with knowledge of the discussions.
- Moving HQ to Singapore makes sense for Standard Chartered: Aberdeen's Young
SINGAPORE (Reuters) - Standard Chartered <STAN.L> has a strong business case to move its headquarters from London to Singapore and save millions in taxes as, unlike HSBC <HSBA.L>, it doesn't have a banking network in the UK, Aberdeen Asset Management said.
- » Next 10 Headlines