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Talks optimism fades as Ukraine says Russia makes new incursion

27.08.2014 15:32
(Reuters) - Ukraine accused Russian forces of launching a new military incursion across its border on Wednesday, a day after the leaders of both countries agreed to work towards ending a separatist war in the east of the country. The accusation, which could not be immediately verified, quickly...

Buffett puts shareholders ahead of patriotism in Canadian deal

27.08.2014 15:31
(Reuters) - Warren Buffett may be most famous for the billions of dollars he has made from investing but he is also well known as a cheerleader for the United States. The Oracle of Omaha routinely exhorts investors to put their money in America, "the mother lode of opportunity," as he...

Global stocks gain on ECB stimulus hopes, U.S. economic data

27.08.2014 15:30
(Reuters) - Worldwide stock indexes rose modestly on Tuesday and European bond yields fell on expectations of more stimulus from the European Central Bank, while strong U.S. data on durable goods and consumer confidence underpinned U.S shares. Wall Street's benchmark S&P 500 closed...

Islamic State executes soldiers, takes hostages at Syria base: social media

27.08.2014 15:29
(Reuters) - Islamic State militants have executed Syrian army soldiers and are holding a group hostage after capturing an air base in northeast Syria at the weekend, pictures posted on social media by supporters showed on Wednesday. Islamic State, an offshoot of al Qaeda, stormed Tabqa...

Euro falls widely on ECB easing speculation

27.08.2014 15:28
(Reuters) - The euro fell broadly on Wednesday, hitting a 19-month low against the Swiss franc, as speculation that the European Central Bank will resort to quantitative easing was fueled by yet more bad news from the euro zone. The common currency also hit a 13-month low against the dollar of...

Ukraine Fighting Rages On After Leaders Hail Summit

27.08.2014 15:26
Bloomberg: Fighting in eastern Ukraine between government forces and pro-Russian rebels raged on after the Russian and Ukrainian presidents hailed as “positive” talks last night on ending the conflict. Ukraine’s military said today that its forces killed 225 rebels and destroyed three tanks...

Equities Reach Record $66 Trillion as S&P 500 Hits 2,000

27.08.2014 15:23
Bloonberg: Rallies from Brazil to Japan and the Standard & Poor’s 500 Index’s first trip above 2,000 sent the value of global equities to a record $66 trillion. Shares worldwide added more than $2.2 trillion in value since Aug. 7, according to data compiled by Bloomberg. Optimism...

Europe Bank Cleanup Driving $1.72 Trillion of Asset Sales

27.08.2014 15:21
Bloomberg: Europe’s largest banks are finally putting hundreds of billions of dollars of unwanted assets up for sale amid mounting competition among buyers and regulatory pressure. A wave of deals could be a boon to the region’s economy if the banks free up capital to increase lending. Banks...

Lawmakers slam Fed's crisis lending proposal

20.08.2014 13:51
(Reuters) - A bipartisan group of lawmakers on Monday urged the Federal Reserve to restrict its crisis lending programs for big banks, which were criticized as bailouts during the 2007-2009 meltdown. During the crisis, the Fed invoked its emergency lending powers to pump cash into...

U.S. attorney general headed for racially charged St. Louis suburb

20.08.2014 13:49
(Reuters) - U.S. Attorney General Eric Holder was due to visit Ferguson, Missouri, on Wednesday, hours after nearly 50 protesters were arrested in an 11th night of racially charged demonstrations over the killing of an unarmed black teenager by a white police officer.     The St....
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