Falling knife or screaming buy? Glencore ticks both boxes
LONDON (Reuters) – What’s Glencore worth? Getting a straight answer to this question depends as much on risk appetite as it does a shrewd analysis of the bombed-out commodities sector.
G20 weighs Fed hike, Chinese turmoil, but unlikely to rock boat
ANKARA (Reuters) – The U.S. Federal Reserve is coming under pressure from emerging markets not to raise rates too soon as turmoil in China threatens global growth, but the G20 will not publicly call for any delay, delegates meeting in Turkey said on Fr…
No BOJ easing needed in October if inflation expectations anchored: IMF
TOKYO (Reuters) – The Bank of Japan does not need to expand monetary policy in October even if it cuts its growth and price forecasts, as long as inflation expectations are well anchored, the IMF’s mission chief for Japan said on Friday.
Investor flight from U.S. stocks fails to lift bond market
NEW YORK (Reuters) – The “flight to safety” into bonds many expected when U.S. stocks slumped last week never took off, making big losers out of prominent fund managers and further confusing investors at a volatile time in the market.
Airbus orders reach 754 jets after August surge
PARIS (Reuters) – European planemaker Airbus said on Friday that it won 754 orders in the first eight months of the year, boosted by an order surge last month that included one worth $26.55 billion at list prices from Indian carrier IndiGo.
Global stocks slide ahead of U.S. jobs data
LONDON (Reuters) – World shares slid towards their fourth weekly loss in the last five on Friday, as a boost from a supportive-sounding European Central Bank gave way to caution ahead of closely watched U.S. jobs data.
Communique will not urge Fed against rate hikes: G20 delegate
ANKARA (Reuters) – Emerging markets have voiced concern about the possibility and timing of rate hikes by the Federal Reserve but a G20 communique from a meeting of finance chiefs in Turkey will not urge the U.S. central bank against such moves, a dele…
Putin urges investors to invest in Russia’s Far East
VLADIVOSTOK, Russia (Reuters) – Russia is interested in both foreign and domestic investment, especially in the country’s Far East region, President Vladimir Putin told the Eastern Economic Forum on Friday.
Sanofi’s Genzyme pays $32.59 million in criminal Seprafilm case
(Reuters) – Genzyme Corp agreed to pay $32.59 million, admit wrongdoing and enter a deferred prosecution agreement to resolve U.S. criminal charges over its marketing of the surgical implant Seprafilm, the Department of Justice said on Thursday.
Sanofi’s Genzyme pays $32.59 million in criminal Seprafilm case
(Reuters) – Genzyme Corp agreed to pay $32.59 million, admit wrongdoing and enter a deferred prosecution agreement to resolve U.S. criminal charges over its marketing of the surgical implant Seprafilm, the Department of Justice said on Thursday.
