Exclusive: France backs UK’s Suma Chakrabarti for new term as EBRD chief – sources
LONDON (Reuters) – France has backed Britain’s Suma Chakrabarti to serve a second term as head of the European Bank for Reconstruction and Development, two sources told Reuters on Thursday.
ICE’s play for LSE could include Borsa Italiana spinoff – source
(Reuters) – New York Stock Exchange owner Intercontinental Exchange Inc’s potential offer for the London Stock Exchange could include a proposal to spin off the LSE’s Italian business and French clearing arm, a person familiar with the matter said.
‘Social curse’ of huge personal debt raises worries in wealthy Qatar
DOHA (Reuters) – Credit cards on the limit, huge bank borrowings and a struggle to repay loans: these are the personal debt problems of some Qataris despite the Gulf state’s reputation for fabulous wealth.
U.S. factory orders data points to easing in manufacturing slump
WASHINGTON, (Reuters) – New orders for U.S. factory goods increased by the most in seven months in January, in another hopeful sign for the troubled manufacturing sector.
Average U.S. new-vehicle loan hits record high in fourth quarter: Experian
DETROIT (Reuters) – The average amount of a new-vehicle loan in the United States rose by $1,170 in the fourth quarter from a year earlier to a record high $29,551, and the average monthly payment was nearly $500, Experian Automotive said on Thursday.
Bill Gross: Avoid bank stocks in negative interest-rate world
NEW YORK (Reuters) – Bill Gross, the widely followed investor who runs the Janus Global Unconstrained Bond Fund, said Thursday investors should not be tempted into buying beaten-down bank stocks against a backdrop of interest rates potentially turning …
Barnes & Noble’s sales at established stores beat expectations
(Reuters) – Barnes & Noble Inc , operator of the largest U.S. bookstore chain, reported a better-than-expected rise in sales at stores open at least a year, helped by higher demand for toys, gifts and other non-book merchandise.
U.S. jobless claims rise, trend points to firming labor market
WASHINGTON, March 3 (Reuters) – The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to a strengthening labor market.
Global stocks, oil dip, but markets calm down as growth fears ease
LONDON (Reuters) – European stocks and oil prices fell on Thursday but still held on to most of this week’s gains, as concern eased about the global outlook for economic growth.
World food prices stable in February near seven-year low
ROME (Reuters) – World food prices stabilized in February, as rising vegetable oil and meat prices offset declining cereal, sugar and dairy prices, the United Nations food agency said on Thursday.
