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Thursday, July 24, 2014

Financial Times

GM profits fall 80% as recalls bite

1 hour 6 minutes ago
The US carmaker estimates the likely cost of compensation for the victims of crashes caused by faulty ignition switches could be as high as $600m

Cost-cutting Caterpillar raises forecast

1 hour 45 minutes ago
The world’s largest maker of heavy machinery has been weathering a long slump in mining equipment sales, offset by a slight recovery in construction

Accounting standards change hits banks

2 hours 34 minutes ago
The international accounting standard setter publishes a standard on financial instruments, a key part of which is a change in the impairment model

Ford overcomes sales dip to boost profits

2 hours 46 minutes ago
Record results in North America and a return to profit in Europe are outweighing economic problems in key Latin American markets for the US company

Air Algerie plane goes missing

4 hours 4 minutes ago
Emergency plan launched after the MD83 aircraft disappears on flight from Burkina Faso to Algeria

ECB hacked in attempt to extort cash

4 hours 8 minutes ago
Twenty-thousand email addresses left by people registering for events held by the central bank were compromised in a security breach

Global stocks hover near record highs

4 hours 27 minutes ago
Chinese stocks led gains across the region on hopes that the manufacturing sector in the world’s second-largest economy is expanding at a quickening pace

Norway faces ‘concrete’ terrorist threat

4 hours 45 minutes ago
Reports from US this week said that increased airport security had been due to the threat from a Norwegian fighting in Syria

US banks shift focus to corporate credit

7 hours 8 minutes ago
Wall Street’s retuned securitisation machine is on track to create a record amount of products based on booming demand for corporate credit

US lifts ban on flights to Tel Aviv

7 hours 14 minutes ago
Several European airlines, including Germany’s Lufthansa, Air France and the UK’s easyJet, are still declining to fly into Israel’s international airport

US inmate takes 2 hours to die in execution

9 hours 14 minutes ago
Prolonged death of a convicted double murderer – the second botched execution in three months – raises questions about drug cocktails used in capital punishment

EU to weigh extensive sanctions on Russia

9 hours 32 minutes ago
Proposal includes ban on buying new debt or stock of Russia’s largest banks and from listing new shares on European exchanges

Qualcomm joins US tech reverse in China

Yesterday
Shares slide after a warning of difficulties in collecting licensing fees on new mobile devices

S&P could face charges over debt ratings

Yesterday
Rating agency receives Wells notice from SEC, indicating its enforcement division staff intend to recommend a civil lawsuit

Facebook rides boom in mobile ads

Yesterday
Net income surges past expectations to $1.4bn as mobile advertising makes up 62 per cent of total ad revenue in the third quarter from 41 per cent a year ago

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