Breaking News
BNP Paribas shifts BoE rate hike call to May 2015 from February
Greater uncertainty in capital markets, downside risks to growth in the Eurozone and lower-than-expected inflation in the UK have led markets to pare back their expectations for interest rates hikes in the UK to the third quarter of 2015.
Hong Kong students set deadline - Bloomberg
US asks labs for plans to start producing experimental Ebola drug ZMapp - Reports
Non-Gulf OPEC nations push for output cut as split deepens
The members of the Organisation of Petroleum Exporting Countries (OPEC) seem increasingly split over whether the cartel should decide on a reduction of its levels of production at its next meeting.
Putin says no one wants price of oil below $80 per barrel - Reports
Russia and Ukraine make unexpected progress towards resolving gas row
Russia and Ukraine may unexpectedly be nearer to an agreement on resolving the issue of gas supplies this winter following talks in Milan.
Tesco to detail impact of recent overstatement
The new chief executive of Tesco, Dave Lewis, will give a clear indication of the impact of the recent £250m profit overstatement by the supermarket operator next week.
Boko Haram and Nigeria accord release of 200 kidnapped girls
Nigeria’s government has accorded a cease-fire with Islamist terrorist group Boko Haram for the release of the 200 young girls who had been kidnapped by the latter, according to the country’s defence minister.
Obama set to sign executive order to enact enhanced security measures for credit, debit cards
Morgan Stanley beats quarterly growth forecasts, shares rise 6%
US lender Morgan Stanley has reported a jump in third quarter profits of 83% to $1. 71bn.
Increase in inequality in the US is a great concern, says Fed's Yellen
Income and wealth inequality in the US are at the highest levels in the past hundred years, Federal Reserve Chair Janet Yellen said on Friday.
China to inject 200bn yuan into about 20 lenders - WSJ
China's central bank is preparing to inject up to an additional 200bn yuan ($32. 8bn) into about 20 of the country's largest national and regional banks, according to banking executives briefed on the matter, The Wall Street Journal reports.
Greek 10-year bond yields plummet 83 basis points to 8.16%
BoE chief economist sees interest rates staying lower for longer
The Bank of England’s chief economist, Andy Haldane, now sees interest rates staying lower for longer.
Rolls-Royce slashes 2014 sales guidance, profit forecasts unchanged - UPDATE
Power systems giant Rolls-Royce has said it now expects underlying sales to fall this year on the back of worsening trading conditions, while free cash flow (FCF) is forecast to be less than half of what was anticipated.