BlackRock shares could rise further: Barron’s
(Reuters) – Shares of money manager BlackRock Inc have even more room to climb, keeping up its recent streak, Barron’s reported in its October 28 edition.
Sri Lanka opens $292 million Chinese-funded airport highway
COLOMBO (Reuters) – Sri Lanka opened a $292 million Chinese-funded airport highway on Sunday, amid Indian concern about Chinese influence as the island nation rebuilds after a nearly three-decade war.
Wall Street Week Ahead: Focus on Facebook, Apple and the Fed
NEW YORK (Reuters) – The Federal Reserve meeting next week is not on the minds of as many people as when it met in September, but its decision to do nothing last month is providing the fuel for more share gains in Apple and Facebook, which report resul…
Oil service firms rush to Saudi for busy drilling year ahead
SAN FRANCISCO/KHOBAR, Saudi Arabia (Reuters) – Global energy service giants are banking on a boom in Saudi oil and gas drilling over the next few years to revive profits that are being squeezed by overcapacity in the North American market.
Fed to hold its fire this week, wants clearer economic view
WASHINGTON (Reuters) – Federal Reserve officials are unlikely to make any shift to monetary policy this week as they wait for more evidence of how badly Washington’s budget battle has hurt the U.S. economy.
China cabinet lowers administrative barriers for starting new firms
SHANGHAI (Reuters) – China has eliminated some registered capital requirements for establishing new companies, the government said on Sunday, in a move to support long-term growth by cutting red tape and supporting small businesses.
China’s Dongfeng still weighing benefits of investing in Peugeot
SHANGHAI (Reuters) – China’s Dongfeng Motor Group is still weighing the benefits of investing in loss-making PSA Peugeot Citroen , a top Dongfeng executive said, hinting that a deal with the French carmaker could take a long time.
Shanghai to increase supply of affordable housing after home price rises
SHANGHAI (Reuters) – Shanghai will increase the supply of affordable housing following home price rises in September, Vice Mayor Yang Xiong said on Sunday.
Israeli government approves Flug as central bank governor
JERUSALEM (Reuters) – Israel’s government on Sunday approved the appointment of Karnit Flug as the new governor of the Bank of Israel.
Analysis: Strained finances trip up French firms’ recovery role
PARIS (Reuters) – Squeezed by thin margins and high debt, French companies will struggle to ramp up the investment spending on which President Francois Hollande’s government is banking to underpin a fragile recovery.
