Tuesday, May 12, 2015

12-May-2015 15:32

Court finds Nomura and RBS misled investors - Financial Times :: http://www.ft.com/cms/s/0/0acb6408-f807-11e4-8bd5-00144feab7de.html

China adopts International Monetary Fund standards to calculate capital flows - Economic Times :: http://economictimes.indiatimes.com/news/international/business/china-adopts-international-monetary-fund-standards-to-calculate-capital-flows/articleshow/47245257.cms

First-time buyers face hurdles to homeownership this spring - Washington Post :: http://www.washingtonpost.com/business/first-time-buyers-face-hurdles-to-homeownership-this-spring/2015/05/12/a34e520c-f88f-11e4-a47c-e56f4db884ed_story.html

Spain Orders Halt to Some Airbus A400M Flights After Fatal Crash - Wall Street Journal :: http://www.wsj.com/articles/spain-orders-halt-to-some-airbus-a400m-flights-after-fatal-crash-1431428046

Shell gets approval to drill in the Arctic - CNNMoney :: http://money.cnn.com/2015/05/12/news/companies/shell-arctic-drilling-approval/

Verizon to Buy AOL for $4.4 Billion in Cash - New York Times :: http://www.nytimes.com/2015/05/13/business/dealbook/verizon-to-buy-aol-for-4-4-billion.html

Carlsberg Slumps as Russia Woes Add to Eastern Europe Loss - Bloomberg :: http://www.bloomberg.com/news/articles/2015-05-12/carlsberg-earnings-exceed-estimates-on-western-europe-asia

Union Workers Vote to End Strike at BP Refinery in Indiana - ABC News :: http://abcnews.go.com/US/wireStory/union-workers-vote-end-strike-bp-refinery-indiana-30978070

GLOBAL MARKETS-Bond market blues hammer stocks, drive euro higher - Reuters :: http://www.reuters.com/article/2015/05/12/markets-global-idUSL5N0Y322X20150512

Elon Musk Denies Scolding New Parent Employee Over Missed Meeting - TIME :: http://time.com/3855222/elon-musk-parent-employee-missed-meeting/

12-May-2015 14:31

RBS could face new fines over US mortgage bonds - BBC News :: http://www.bbc.com/news/business-32701276

First-time buyers face hurdles to homeownership this spring - Kansas City Star :: http://www.kansascity.com/news/business/national-international/article20728848.html

Raise Alcohol Tax to Boost Economic Output, Says OECD - Wall Street Journal :: http://www.wsj.com/articles/raise-alcohol-tax-to-boost-economic-output-says-oecd-1431427413

Elon Musk: I did not slam worker for attending child's birth - CNNMoney :: http://money.cnn.com/2015/05/12/technology/elon-musk-birth-employee-denial/index.html?iid%3DTL_Popular

Spain withdraws permission for Airbus A-400M test flights - Reuters :: http://www.reuters.com/article/2015/05/12/us-spain-crash-airbus-idUSKBN0NX16420150512

Greece taps reserves to pay IMF loan - BBC News :: http://www.bbc.co.uk/news/business-32701278

Verizon to acquire AOL in $4.4 billion deal - USA TODAY :: http://www.usatoday.com/story/money/business/2015/05/12/verizon-aol/27162459/

Shell gets approval to drill in the Arctic - CNNMoney :: http://money.cnn.com/2015/05/12/news/companies/shell-arctic-drilling-approval/

Euro zone yields jump as bond markets still in shock - Reuters :: http://www.reuters.com/article/2015/05/12/markets-bonds-euro-idUSL5N0Y32HM20150512

Grocery giants Ahold and Delhaize enter $25bn merger talks - Telegraph.co.uk :: http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11599383/Grocery-giants-Ahold-and-Delhaize-enter-25bn-merger-talks.html

12-May-2015 13:30

Court finds Nomura and RBS misled investors - Financial Times :: http://www.ft.com/cms/s/0/0acb6408-f807-11e4-8bd5-00144feab7de.html

UPDATE 1-Carlsberg keeps 2015 guidance after Q1 in line with expectations - Reuters :: http://in.reuters.com/article/2015/05/12/carlsberg-results-idINL5N0Y30HG20150512

ThyssenKrupp expands steel investment in China - Reuters :: http://www.reuters.com/article/2015/05/12/thyssenkrupp-china-idUSL5N0Y316T20150512

China's love affair with Apple surges as Tim Cook visits Beijing - Fortune :: http://fortune.com/2015/05/12/chinas-love-affair-with-apple-surges-as-tim-cook-visits-beijing/

European shares down sharply on bond market sell-off - Reuters :: http://in.reuters.com/article/2015/05/12/markets-stocks-europe-idINL5N0Y31H020150512

China Overnight Money Rate Drops in Longest Streak in Five Years - Bloomberg :: http://www.bloomberg.com/news/articles/2015-05-12/china-overnight-money-rate-drops-in-longest-streak-in-five-years

'Elon Musk,' by Ashlee Vance - New York Times :: http://www.nytimes.com/2015/05/17/books/review/elon-musk-by-ashlee-vance.html

How Americans miss out on $24 billion a year - CNNMoney :: http://money.cnn.com/2015/05/12/retirement/retirement-401k-match/

Darden lays off employees at Orlando headquarters - WFTV Orlando :: http://www.wftv.com/news/news/local/darden-lays-employees-orlando-headquarters/nmD2m/

Australia's Budget U-Turn Gives Gas to Growth - Wall Street Journal :: http://www.wsj.com/articles/australias-budget-u-turn-gives-gas-to-growth-1431425059

12-May-2015 12:29

China Pushes The Stock Market Booster Button Again - Seeking Alpha :: http://seekingalpha.com/article/3172396-china-pushes-the-stock-market-booster-button-again

Asian Stocks Tepid as Greek Cash Crunch Intensifies - New York Times :: http://www.nytimes.com/aponline/2015/05/12/world/asia/ap-financial-markets.html

Crude price's fall drags on stocks - Northwest Arkansas News :: http://www.nwaonline.com/news/2015/may/12/crude-price-s-fall-drags-on-stocks-2015/?business-national

Russia trouble still hurting beer maker Carlsberg - STLtoday.com :: http://www.stltoday.com/business/national-and-international/russia-trouble-still-hurting-beer-maker-carlsberg/article_de712902-7dea-57c8-8f6a-51abbeb0221a.html

No respite in sell-off of low-risk bonds - Channel News Asia :: http://www.channelnewsasia.com/news/business/no-respite-in-sell-off-of/1840838.html

ThyssenKrupp expands steel investment in China - Reuters :: http://www.reuters.com/article/2015/05/12/thyssenkrupp-china-idUSL5N0Y316T20150512

China's love affair with Apple surges as Tim Cook visits Beijing - Fortune :: http://fortune.com/2015/05/12/chinas-love-affair-with-apple-surges-as-tim-cook-visits-beijing/

RBS, Barclays, JPMorgan, Citigroup & UBS expected to plead guilty to FX rigging - ArabianBusiness.com :: http://www.arabianbusiness.com/rbs-barclays-jpmorgan-citigroup-ubs-expected-plead-guilty-fx-rigging-592462.html

RBS could face new fines over US mortgage bonds - BBC News :: http://www.bbc.com/news/business-32701276

'Elon Musk,' by Ashlee Vance - New York Times :: http://www.nytimes.com/2015/05/17/books/review/elon-musk-by-ashlee-vance.html

12-May-2015 11:28

Court finds Nomura and RBS misled investors - Financial Times :: http://www.ft.com/cms/s/0/0acb6408-f807-11e4-8bd5-00144feab7de.html

China's central bank is just getting started - CNN :: http://cnnphilippines.com/business/2015/05/12/chinas-central-bank-is-just-getting-started.html

Why everyone -- from Narendra Modi to Tim Cook -- is joining Weibo - Hindustan Times :: http://www.hindustantimes.com/socialmedia-updates/why-everyone-from-narendra-modi-to-tim-cook-are-joining-weibo/article1-1346302.aspx

Succession, Global Push Take Shape at SoftBank - Wall Street Journal :: http://www.wsj.com/articles/softbank-ceo-taps-a-future-successor-in-nikesh-arora-1431328037

UPDATE 1-Norway's Statoil shakes up top management, replaces CFO - Reuters :: http://in.reuters.com/article/2015/05/12/statoil-management-idINL5N0Y30PY20150512

Carlsberg Posts Unexpected Loss - Wall Street Journal :: http://www.wsj.com/articles/carlsberg-posts-unexpected-loss-1431417377

Musk denies scolding employee for taking time off to witness childbirth - The Verge :: http://www.theverge.com/2015/5/12/8590343/elon-musk-childbirth-quote

Pimco Outflows Cut Allianz Asset Management Profit by 14% - Bloomberg :: http://www.bloomberg.com/news/articles/2015-05-12/allianz-says-asset-management-profit-fell-14-on-pimco

GLOBAL MARKETS-No respite in sell-off of low-risk bonds - Reuters Africa :: http://af.reuters.com/article/metalsNews/idAFL5N0Y322X20150512

No respite in sell-off of low-risk bonds - Reuters :: http://www.reuters.com/article/2015/05/12/us-markets-global-idUSKBN0NX01W20150512

12-May-2015 10:27

Citigroup could plead guilty to 'rigging' markets for quick profits - New York Post :: http://nypost.com/2015/05/12/citigroup-could-plead-guilty-to-rigging-markets-for-quick-profits/

United Photovoltaics to Acquire 210 MW of Solar-Power Plants - Bloomberg :: http://www.bloomberg.com/news/articles/2015-05-12/united-photovoltaics-to-acquire-210-mw-of-solar-power-plants

Tesla posts new jobs for Reno-area battery plant - KRNV My News 4 :: http://www.mynews4.com/news/story/Tesla-posts-new-jobs-for-Reno-area-battery-plant/Zcxi3mdxbk2Jwzf6R0a-Lg.cspx

Asia stocks, euro falter as Greek crisis saps confidence - Reuters :: http://www.reuters.com/article/2015/05/12/us-markets-global-idUSKBN0NX01W20150512

Court finds Nomura and RBS misled investors - Financial Times :: http://www.ft.com/cms/s/0/0acb6408-f807-11e4-8bd5-00144feab7de.html

China's central bank is just getting started - CNN :: http://cnnphilippines.com/business/2015/05/12/chinas-central-bank-is-just-getting-started.html

Why everyone -- from Narendra Modi to Tim Cook -- is joining Weibo - Hindustan Times :: http://www.hindustantimes.com/socialmedia-updates/why-everyone-from-narendra-modi-to-tim-cook-are-joining-weibo/article1-1346302.aspx

Home prices up in 85 pct. of cities - Philly.com :: http://www.philly.com/philly/business/20150512_Home_prices_up_in_85_pct__of_cities.html

Asian Stocks Tepid as Greek Cash Crunch Intensifies - New York Times :: http://www.nytimes.com/aponline/2015/05/12/world/asia/ap-financial-markets.html

UPDATE 1-Norway's Statoil shakes up top management, replaces CFO - Reuters :: http://in.reuters.com/article/2015/05/12/statoil-management-idINL5N0Y30PY20150512

12-May-2015 09:26

Wall Street ends down - Independent Online :: http://www.iol.co.za/business/international/wall-street-ends-down-1.1857003

Citigroup could plead guilty to 'rigging' markets for quick profits - New York Post :: http://nypost.com/2015/05/12/citigroup-could-plead-guilty-to-rigging-markets-for-quick-profits/

Opinion: China's high-risk rate cut - MarketWatch :: http://www.marketwatch.com/story/chinas-high-risk-rate-cut-2015-05-10

Apple and China's Love Affair Surges as Tim Cook Visits Beijing - TIME :: http://time.com/3855049/tim-cook-apple-beijing-china-smartphones-iphone-samsung/

T. Boone Pickens: Tesla cars are far too expensive - FoxReno.com :: http://www.foxreno.com/news/features/top-stories/stories/-t-boone-pickens-tesla-cars-far-too-expensive-6005.shtml

UPDATE 1-US Senate Banking bill proposes several changes for Fed-source - Reuters :: http://in.reuters.com/article/2015/05/12/fed-legislation-idINL3N0Y31OP20150512

Asia stocks, euro falter as Greek crisis saps confidence - Reuters :: http://www.reuters.com/article/2015/05/12/us-markets-global-idUSKBN0NX01W20150512

Court finds Nomura and RBS misled investors - Financial Times :: http://www.ft.com/cms/s/0/0acb6408-f807-11e4-8bd5-00144feab7de.html

Shell to resume Arctic drilling off Alaska as green groups warn of disaster - The Guardian :: http://www.theguardian.com/environment/2015/may/11/shell-arctic-drilling-alaska-oil-gas