Gartmore hands equity to top staff
Gartmore, the fund management firm hit by regulatory concerns, has awarded 3.5pc of the company's equity to a group of top staff to encourage them to stay at the business. telegraph.co.uk |
Jon Markman's Speculations: The real driver of Thailand ETFs' rally
Corporate managers in Thailand are busy building real businesses brick by brick -- growing earnings in a responsible way without the crushing levels of borrowing that doomed efforts in prior decades. feeds.marketwatch.com |
Pending home sales rise 4.3 percent in August
By ALAN ZIBEL 2010-10-04T16:58:26ZWASHINGTON (AP) -- The number of people who signed contracts to buy homes rose in August for the second straight month but remained far below last year's pace. The weak economy and fears that prices will fall are keeping many consumers away from the housing market.... hosted.ap.org |
UK services sector rise boosts expectations Bank of England will hold rates, QE
A surprise pickup in growth across the key services sector has fuelled hopes that the UK economy will avoid a double-dip recession. telegraph.co.uk |
Currencies: Dollar under pressure after euro touches $1.40
Investors flock to the euro and Australian dollar as those central banks aren’t seen as easing monetary policy anymore, while the U.S. Federal Reserve is. feeds.marketwatch.com |