Jobs report may test market’s complacency
NEW YORK (Reuters) – The U.S. stock market has been quiet this week – too quiet.
Exclusive: Greece set to get green light for EBRD support
LONDON (Reuters) – Greece is expected to get the green light early next week for what could add up to over a billion euros of funding support and investments from the European Bank for Reconstruction and Development, according to sources at the bank.
Greece runs out of funding options despite euro zone reprieve
BRUSSELS/ATHENS (Reuters) – Greece is running out of options to fund itself despite a four-month bailout extension, raising pressure on Athens to quickly implement reforms it has vocally opposed or default on debt repayments in a matter of weeks.
Buffett, a cheerleader for America, takes his checkbook abroad
NEW YORK (Reuters) – Warren Buffett, in his annual letter to Berkshire Hathaway Inc shareholders last year, called America “the mother lode of opportunity.”
Retail loan investors return as rate rises near
NEW YORK (Reuters) – Retail investors are returning to bank loan mutual funds following seven straight months of outflows, with the Federal Reserve more clearly signaling an interest rate hike and higher secondary loan market prices starting to attract…
U.S. consumer sentiment drops from 11-year peak in February
NEW YORK (Reuters) – U.S. consumer sentiment fell from an 11-year high in February, weighed down by an unusually severe winter, a survey released on Friday showed.
Brent rises above $61, set for first monthly gain since June
LONDON (Reuters) – Crude oil futures rebounded on Friday and Brent headed for its first monthly gain since June, helped by strong investor inflows, an improving demand outlook and supply outages.
Fiat Chrysler says recalling 467,500 SUVs worldwide
DETROIT (Reuters) – Fiat Chrysler Automobiles said on Friday it will recall about 467,500 SUVs worldwide in order to fix a fuel-pump issue that could cause the engine to either stall or not start.
Standard Chartered staff braced for big change under Winters
HONG KONG (Reuters) – Incoming Standard Chartered Chief Executive Bill Winters will need to take tough decisions that predecessor Peter Sands deemed unnecessary, in order to reverse a two-year slump in the bank’s fortunes, according to some insiders an…
U.S. pending home sales hit one-and-a-half-year high in January
WASHINGTON (Reuters) – Contracts to purchase previously owned U.S. homes rose to their highest level in 1-1/2 years in January, a hopeful sign that the sluggish housing recovery may be gaining speed.
