GPM Announces Changes to Portfolio Management Team MarketWatch (press release) He was formerly a Managing Director with Credit Suisse First Boston in charge of trading and risk management for the Fixed Income Credit Trading Group. ...
Low Liquidity and Massive Redemptions Contain Forex Pairs Seeking Alpha (blog) Global Risk - S/P trade is trading below the 200-day SMA area at 1105, and will signal a very negative stance if 1095 is broken short on a weekly chart ...
07/30/2010 08:48 AM
US economic growth slows to 2.4%
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.
07/30/2010 05:22 AM
Strikes and ash extend BA losses
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.
07/30/2010 01:45 PM
Northwest agrees to pay $38m fine
Northwest Airlines will plead guilty and pay a $38m fine for fixing air-cargo prices, the US justice department says.
07/30/2010 11:31 AM
Immigrant worker limit criticised
Government plans to limit the number of skilled foreign workers allowed into the UK are criticised by the Lord Mayor of London.
07/30/2010 09:31 AM
Airbus firm EADS lifts output aim
Airbus parent firm EADS says it is confident about future orders, despite reporting a fall in second-quarter earnings.
07/30/2010 08:31 AM
Royal Mail pension plan in doubt
The Pensions Regulator is challenging a crucial plan to pay off the £10bn deficit in the Royal Mail pension scheme.
07/30/2010 10:28 AM
Fraud charges over £115m inquiry
A businessman investigated by City of London police is facing 30 charges of fraud
07/30/2010 03:35 AM
Deadline for tax credits renewal
Families face missing out on financial assistance if they miss Saturday's deadline to renew tax credits.
07/30/2010 04:16 AM
Disney sells Miramax film studios
Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.
07/30/2010 03:50 AM
Sale of EDF's UK networks agreed
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).