Category

It blamed emerging market economies for that weakness, saying growth in those regions had “slowed markedly”.

TEL AVIV-Israel’s economy minister resigned on Sunday, allowing the government to move ahead with stalled plans to develop two offshore gas fields after almost a year of political wrangling.

Stepping into a Toronto taxi got a little bit cheaper as of Sunday, with base fares for licensed cabs dropping to $3.25 from $4.25.

The official non-manufacturing PMI, also released on Sunday, slipped to 53.1 from 53.4 in September, the lowest reading since December 2008.

HSBC put this down to “a net favourable movement in significant items”, which means they cut costs, including selling off parts of the business in Brazil and Turkey, to boost profits in the quarter.

Commerzbank (CBKG.DE) Chief Executive Martin Blessing will step down from the role next October, the bank said on Sunday, leaving Germany’s second largest lender seeking a new CEO as it comes out of a turnaround.

PMC’s board determined that the new offer is superior to a proposal by Microsemi Corp. earlier this month for $8.75 in cash plus 0.0736 share, Santa Clara, California-based PMC said in a statement.

In late September, Perrigo filed suit against Mylan and the Israeli Securities Authority (ISA) in Tel Aviv.

The inflation rate probably stood at zero in October, economists said before a report on Friday.

“There’s more uncertainty in the macro environment today than there has been”, said Ferguson.

In related news, Shell’s Polar Pioneer drilling rig arrives in Port Angeles. Shell’s worrying Q3 results were largely caused by low global oil prices, its failed Alaskan exploration and the financial penalties from pulling out of a Canadian oil sands project –...

“I was not at all critical of him”, Trump clarified.

In the first case, to prepare its balance sheet to absorb Astoria Financial’s low-priced deposits, New York Community Bancorp will prepay $10 billion worth of wholesale borrowings.

Net profits rose 29.4 percent to 5.46 trillion won ($4.8 billion).

A rate hike next month may damp festive season spending.