Citi dials down risky block trading amid market turmoil
Over the summer, as the U.S. stock market wobbled and then plunged 4 percent in a day, Citigroup made a tough…
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JPMorgan buys more mortgages from other lenders as market shrinks
JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans refinance, is…
Lafarge’s investments in local market record $3bn
Lafarge Egypt's total investments in cement local market hit around 25 billion Egyptian pounds (US$3.2 billion) at…
Oil up as Russia ready to talk with producers, U.S. rig count drops
Crude oil futures rose on Monday after Russia said it was ready to meet other producers to discuss the situation in…
Investors brace for stocks to fall again ahead of earnings
The global market volatility of the past month that sent U.S. stocks to their worst quarter in four years shows no…
Oil Prices Remain Low on Equity Market Rout, Commodity Slump
Oil prices struggled to recover in Asian trade Tuesday, after falling sharply overnight due to bearish sentiment…
GM’s sales drop in August highlights automaker divide in China
General Motors Co (GM.N) reported on Monday its biggest drop in China sales in five months for August as global…
G20 seeks to lift market mood, douse China fears
Ministers and central bank chiefs from the world's top 20 economies sought Saturday to bolster market confidence…
Asia stocks take heart from Wall Street rally
Asian stocks rose on Thursday as a sharp rebound on Wall Street eased fears of a protracted global market rout,…
Oil prices rise as global market fears ease, but outlook remains weak
Oil prices climbed by around $1 a barrel on Thursday on an unexpected fall in U.S. crude inventories and a rally in…
