Visit North Myrtle Beach
Chamber Facebook
Chamber Twitter
Chamber Flickr
Chamber Youtube

Yahoo Business - Stock Markets

Business News Headlines - Yahoo! News

Aviva, Friends Life 5.6 billion pound merger plan makes sense: investors Sunday, November 23, 2014 1:43 pm

A man walks past an AVIVA logo outside the company's head office in the city of LondonLONDON (Reuters) - Aviva's potential 5.6 billion pound ($8.8 billion) purchase of Friends Life reflects a need to consolidate and cut costs in Britain's insurance industry, fund managers said.


Full Article
Falling inflation a worry for Europe but also the world Sunday, November 23, 2014 3:30 am

New 10-euro banknotes are pictured during their presentation at the Austrian national bank in ViennaBy Ross Finley LONDON (Reuters) - European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy. A sickly Europe has held back global economic growth for years, and now it is contributing significantly to powerful forces already dragging down inflation across the globe. A spectacular drop in crude oil prices over the past month will be the center of discussion when ministers from the world's top oil exporters meets in Vienna on Friday. ...


Full Article
Exclusive: China ready to cut rates again on fears of deflation - sources Sunday, November 23, 2014 4:25 am

The headquarters of the People's Bank of China is pictured behind an iron chain in BeijingBy By Kevin Yao BEIJING (Reuters) - China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making. Friday's surprise cut in rates, the first in more than two years, reflects a change of course by Beijing and the central bank, which had persisted with modest stimulus measures before finally deciding last week that a bold monetary policy step was required to stabilize the world's second-largest economy. ...


Full Article
Countdown to missed opportunity for EU economy Sunday, November 23, 2014 5:00 am

A euro logo sculpture stands in front the headquarters of the European Central Bank in FrankfurtBy Paul Taylor PARIS (Reuters) - The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy. When European Union leaders meet on Dec. 18-19 under new management, they have a chance to launch a joint assault on the economic stagnation and high unemployment that are fuelling disenchantment and anti-EU protest among voters. All the signs are they are set to fall short. The 18-nation euro zone is struggling to pull out of the aftermath of its debt crisis, aggravated by the economic impact of a standoff with Russia over Ukraine. ...


Full Article
Intel could rise 30 percent over next two years: Barron's Sunday, November 23, 2014 1:46 pm

Indonesian youth walk past an Intel sign during Digital Imaging expo in Jakarta(Reuters) - Shares in microprocessor maker Intel Corp could rise more than 30 percent to $48 over the next two years, Barron's reported in its Nov. 24 edition.


Full Article

Powered by:Business News Headlines - Yahoo! News