Deflation? Oil's 45 percent rebound could be markets' next headache

Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.

Gas Nozzle

World shares hit new high but Europe rally fades on Greece

World shares hit a new high on Monday, led by China, though the global rally faded in Europe as investors looked ahead to central bank meetings in the United States and worried over Greece.

Shares, dollar sink as U.S. authorizes air strikes in Iraq

"Smaller and simpler" mantra rings through banking boardrooms

Deutsche Bank's plan to jettison much of its German retail bank and withdraw from one in ten countries sees it join a growing list of banks choosing to shrink and simplify to survive.

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Jobs & Career News

ECB staff have proposal to tighten Greek use of emergency funding: Bloomberg

European Central Bank

European Central Bank staff have prepared a proposal to increase the haircut on the security that Greek banks offer in return for emergency liquidity, Bloomberg reported on Tuesday, citing people with knowledge of the discussions.

Boutique banks to suffer most if Comcast-Time Warner Cable deal vetoed

Comcast Corporation

Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge.

European shares up after China stimulus fails to lift Asia

Stock Market

Global stock markets had a mixed start to the week on Monday and core bond yields fell as investors juggled Chinese steps to stimulate its slowing economy and a proposed telecoms deal in Europe with growing worries Greece may default.

China makes big cut in bank reserve requirement to fight slowdown

Stock Market

China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to the world's second-biggest economy to help spur bank lending and combat slowing growth.

Oil pares early gains as Saudi output remains near record high

China second-quarter GDP seen steady at 7.4 percent, recovery in sight

Oil prices eased from early highs to under $64 a barrel on Monday after Saudi Arabian Oil Minister Ali al-Naimi said production in the world's biggest crude exporter would stay near record peaks around 10 million barrels per day (bpd) in April.

A general view of the Volkswagen plant in Chattanooga,Tennessee February 14, 2014.

VW board members demanded Piech go after learning of secret plot

Ferdinand Piech, who resigned as chairman of Volkswagen over the weekend, sowed the seeds of his own demise by reneging on a deal to support CEO Martin Winterkorn and secretly plotting to oust him instead, according to sources close to the VW board.

Exclusive: Iran seeks to resolve HSBC freeze on some trade financing - sources

HSBC considering spinning off British retail bank: Sunday Times

HSBC (HSBA.L), Europe's biggest bank, is weighing plans to spin off its British retail bank in a 20 billion-pound ($30.37 billion) deal, the Sunday Times reported.

McDonald's

McDonald's revenue falls 11 percent

McDonald's Corp (MCD.N), the world's biggest restaurant chain, reported an 11 percent fall in quarterly revenue as it fights to recover from food scandals in China and Japan and faces tough competition at home in the United States.

Coca-Cola signage is pictured at a bottling plant near the Andalusian capital of Seville, southern Spain February 6, 2014.

Coke reports revenue growth for first time in nine quarters

Coca-Cola Co (KO.N) reported a rise in revenue for the first time in nine quarters, helped by a 6 percent rise in North America, its biggest market.

Stock Index

Futures fall with eyes on earnings, dollar

U.S. stock index futures fell on Wednesday with investors wary of the effect of a strong U.S. dollar on earnings and ahead of housing sector data.

Boeing

Boeing profit jumps 38 percent on higher jet deliveries

Boeing Co's (BA.N) net profit soared 38 percent in the first quarter, helped by rising production of commercial aircraft, the company said on Wednesday.

Peugeot, IBM agree to expanded 'connected car' partnership deal

PSA Peugeot Citroën, Europe's second largest carmaker, and computer services supplier IBM, said on Wednesday they agreed to a partnership deal for connected car services that go beyond current navigation and infotainment offerings.

Asian Stocks

Aberdeen, Blackrock flag risks in frothy Chinese stock markets

Aberdeen Asset Management's head of Asian operations warned on Tuesday that Chinese money was moving "a bit like a casino" in domestic stock markets, while BlackRock called on China to reform its capital markets further to avert boom and bust scenarios.

Oil Rigs

Iran wants OPEC to pave way for its extra oil production when sanctions lifted

Members of the Organization of the Petroleum Exporting Countries (OPEC) should prepare for extra Iranian crude production when Western sanctions on Tehran are lifted, Iran's oil minister was quoted on Tuesday by state news agency IRNA as saying.

Stock Market

Upbeat earnings lift stocks, Greek anxiety hits euro

World stocks climbed back toward all-time highs on Tuesday as upbeat European earnings reports and expectations of a sixth straight rise in German business confidence helped offset worries about a possible Greek default.

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