Isolated in debt talks, Greek finance rebel gets the cold shoulder
RIGA (Reuters) – As the buses carrying European finance ministers left for a gala dinner in the Latvian capital on Friday night, one of the party hung back at the hotel and then wandered off alone into the dusk.
Bundesbank chief concerned about emergency funding for Greek banks
BERLIN (Reuters) – The head of Germany’s Bundesbank said on Saturday he had misgivings about granting emergency funding to Greece as the liquidity situation at the country’s banks has not improved.
From Woking to Wall Street: UK day traders dream of glory in daily grind
WOKING, Britain (Reuters) – The British trader accused of sparking market chaos in 2010 cut his teeth in a drab building in a sleepy suburb that highlights how “day traders” dreaming of glory have to first tackle grim offices, zero glamour and high ris…
Greece not playing a game of chicken on debt – Kotzias
NEW YORK (Reuters) – Greek Foreign Minister Nikos Kotzias said on Friday he respects Germany just not German politics, nor the way Berlin views Greece’s economy, which faces the prospect of running out of money if it cannot agree to new bailout terms w…
Sony raises FY 2015 profit forecast to $2.5 billion: Nikkei
TOKYO (Reuters) – Japanese consumer electronics firm Sony Corp has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday.
Flash crash charges garner increasing skepticism in high-speed world
WASHINGTON (Reuters) – The notion that one man trading from his parents’ house in a working class London suburb had a material role in the 2010 Wall Street flash crash has aroused increasing skepticism from investors and traders since charges were brou…
From Woking to Wall Street: UK day traders dream of glory in daily grind
WOKING, Britain (Reuters) – The British trader accused of sparking market chaos in 2010 cut his teeth in a drab building in a sleepy suburb that highlights how “day traders” dreaming of glory have to first tackle grim offices, zero glamour and high ris…
Comcast drops Time Warner Cable bid after antitrust pressure
(Reuters) – Comcast Corp abandoned its $45 billion offer for Time Warner Cable Inc on Friday after U.S. regulators raised concerns that the deal would give Comcast an unfair advantage in the cable TV and Internet-based services market.
Tech triumvirate propels Nasdaq, S&P to record highs
(Reuters) – The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft.
Euro zone warns Greece no cash till full reform deal
RIGA (Reuters) – Euro zone finance ministers warned Greece on Friday that its leftist government will get no more aid until it agrees a complete economic reform plan, as Athens lurches closer to bankruptcy.
