London Markets: Miners, banks and Prudential drive London north
Stocks in London start the week largely higher, with banks driven by new rules on capital-adequacy requirements out of Basel and heavily represented mining stocks driven by strong data from China. feeds.marketwatch.com |
AP source: Wall St critic tapped for consumer post
By ERICA WERNER and JULIE PACE 2010-09-15T23:14:58ZWASHINGTON (AP) -- President Barack Obama will appoint Wall Street critic Elizabeth Warren as a special adviser to oversee the creation of a new consumer protection bureau, a Democratic official said Wednesday.... hosted.ap.org |
Gymboree to go private in $1.8 billion deal
Shares of Gymboree rally, spurred higher as the retailer of clothing for children agrees to be bought out by Bain Capital for $65.40 a share in cash, or a total of $1.8 billion. feeds.marketwatch.com |
Double-dip recession avoidable despite slowing growth, says BCC
The UK economy can avoid recession despite "marked slowdown" in third quarter growth, the British Chambers of Commerce said. telegraph.co.uk |
Citigroup accused of discrimination
Executives at Citigroup, one of America's biggest banks, have been accused of running the company as a "boy's club" and of sacking female employees to save the jobs of less qualified men. telegraph.co.uk |