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By Luzi Ann Javier, Pratik Parija and Supunnabul Suwannakij , Bloomberg |
October 16, 2012
The global sugar glut is extending into a third year, the longest stretch in more than a decade, as Brazil and Australia expand output and imports contract to the smallest since 2008.
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By Inyoung Hwang and Michael P. Regan, Bloomberg |
October 12, 2012
U.S. stocks erased an early rally as Wells Fargo & Co.’s shrinking profit margin and weakness in European markets overshadowed a jump in consumer confidence to the highest level since the recession started.
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By David Goodman, Bloomberg |
October 4, 2012
The pound strengthened against the dollar, rising the most in almost two weeks, as the Bank of England kept its asset-purchase target at 375 billion pounds ($605 billion) at a meeting today.
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By Ben Moshinsky and Lindsay Fortado, Bloomberg |
September 28, 2012
Proposals to overhaul Libor, including enhanced powers for U.K. regulators to prosecute rate rigging, may be enacted early next year in a bid to revive confidence in the scandal-ridden benchmark and banking industry.
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By Namitha Jagadeesh, Bloomberg |
September 26, 2012
U.K. stocks declined the most in three weeks as Federal Reserve Bank of Philadelphia President Charles Plosser said a third round of bond buying may not boost growth or hiring
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By Michael P. Regan and Rita Nazareth, Bloomberg |
September 25, 2012
U.S. stocks sank, sending the Standard & Poor’s 500 Index to its biggest loss in three months, amid concern that global stimulus measures won’t be enough to boost growth.
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By Dawn Kopecki, Bloomberg |
August 21, 2012
Wall Street, the global financial community reeling from public outrage, is proving incapable of finding a champion to replace Jamie Dimon.
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By Matthew Malinowski, Bloomberg |
August 20, 2012
Analysts covering Brazil’s economy cut their 2012 growth forecast for the third straight week, even after recent signs that the economy may be picking up speed.
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By Prabhudatta Mishra, Bloomberg |
August 16, 2012
Rice production in India, the world’s second-biggest grower, is poised to slump from a record as the worst monsoon since 2009 reduces planting, potentially lowering exports and boosting global prices.
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By Howard Mustoe, Bloomberg |
August 15, 2012
Standard Chartered Plc may have to pay as much as three times more than the $340 million it was fined by a New York regulator to settle all the probes by regulators into its transactions for Iranian clients.
