BNP Paribas Stories
Chinese realty bonds looking up
Offshore debt sales spurs confidence that the borrowers have the resources to weather a slowing economy, make clear by the fact that bonds issued by China developers are rebounding from their worst first half in two years as a record $6.8 billion, according to Bloomberg.
August services PMI falls to 16-month low
British service sector activity grew last month at its slowest pace since April 2009, with a marked fall in hiring as employers worried about an economic slowdown and public spending cuts, a survey showed on Friday.
July mortgage lending falls to 4-month low
Net lending to British households unexpectedly fell to a four-month low last month after a sharp decline in mortgage lending, reinforcing economists' concerns that tight credit conditions may hamper future growth.
July mortgage approvals up but lending at 4-month low
Mortgage approvals and consumer credit rose unexpectedly in July, but weak mortgage lending pushed total net lending to its lowest since March, Bank of England figures showed on Tuesday.
U.S. July consumer spending gain strongest in 4 months
U.S. consumer spending rose at the strongest pace in four months in July, supported by a small gain in incomes that offered hope consumers will be able to keep contributing to a modest economic recovery.
U.S. July consumer spending gain strongest in 4 mths
U.S. consumer spending rose at the strongest pace in four months in July, supported by a small gain in incomes that offered hope consumers will be able to keep contributing to a modest economic recovery.
July consumer spending gain strongest in 4 months
Consumer spending rose at the strongest pace in four months in July, supported by a small gain in incomes that offered hope consumers will be able to keep contributing to a modest economic recovery.
Sanofi makes £11.9 billion Genzyme offer public
France's Sanofi-Aventis on Sunday publicly disclosed its $18.5 billion (11.8 billion pounds), $69 (44.36 pounds)-per-share cash offer for Genzyme Corp in a bid to rouse shareholders after failing to engage the U.S. biotechnology company in merger talks.
Sanofi makes $18.5 billion Genzyme offer public
France's Sanofi-Aventis on Sunday publicly disclosed its $18.5 billion, $69-per-share cash offer for Genzyme Corp in a bid to rouse shareholders after failing to engage the U.S. biotechnology company in merger talks.
Bernanke soothes hawks with nod to stimulus risk
Federal Reserve Chairman Ben Bernanke has smoothed the ruffled feathers of anti-inflation hawks at the Fed by indicating he will only press for more policy easing if the U.S. economic slowdown worsens.
Analysis: Bernanke soothes hawks with nod to stimulus risk
Federal Reserve Chairman Ben Bernanke has smoothed the ruffled feathers of anti-inflation hawks at the Fed by indicating he will only press for more policy easing if the U.S. economic slowdown worsens.
Imports stifle U.S. 2nd-quarter growth
U.S. economic growth was revised down to a sluggish 1.6 percent annual rate in the second quarter, pointing to an even softer performance in the third quarter.
Imports stifle 2nd-quarter growth
The economic recovery was weaker than originally estimated in the second quarter and analysts have now revised forecasts for third quarter growth down also.
Imports stifle U.S. second-quarter growth
U.S. economic growth was revised down on Friday to a 1.6 percent annual rate in the second quarter, pointing to an even softer performance in the third quarter.
Imports stifle second-quarter growth, spending up
Economic growth was revised down Friday to a 1.6 percent annual rate in the second quarter, pointing to an even softer performance in the third quarter.
Jobless claims fall but still elevated
New U.S. jobless claims fell more than expected last week but were too high to signal a shift in a weak labor market that is constraining economic growth.
Jobless claims fall, but still elevated
New U.S. jobless claims fell more than expected last week but were too high to signal a shift in a weak labor market that is constraining economic growth.
Gold hits 7-week high after U.S. data
Gold prices rose to a seven-week high at $1,234.55 an ounce on Thursday after data showed new U.S. claims for unemployment benefits unexpectedly hit a nine-month high last week, pressuring the dollar.
July home building up
Home building increased at a much weaker pace than expected in July, though sturdy growth in industrial output implied the embattled economy has enough strength to keep growing.
Eurozone industry output down in June, strong over Q2
Euro zone industrial production declined in June, with output in France and Germany falling sharply, but a strong showing over the second quarter as a whole suggests Friday's GDP data for the bloc will be robust.
Weak private hiring shows recovery on the ropes
U.S. private employers added fewer workers to their payrolls in July than expected and hiring in June was much weaker than had been thought, a big blow to an already feeble economic recovery.
RBS set for WorldPay sale
Royal Bank of Scotland is poised to sell its WorldPay arm to private equity firms Advent International and Bain Capital, the latest step in its restructuring plan after a humiliating taxpayer bailout in 2008.
RBS poised to sell WorldPay
A healthier loan book drove higher second-quarter profits at Royal Bank of Scotland , echoing a pattern set by rivals' results this week, and the bailed-out group said its revival plan was on track.
RBS second-quarter profit rises
Lower impairment losses helped Royal Bank of Scotland's second quarter operating profit rise from the first quarter, and the part-nationalized group expected good medium-term prospects for its business.
Surprise rise in jobless claims casts pall on economy
New claims for unemployment benefits unexpectedly rose last week to the highest level since early April, highlighting a weak labor market and the fragile economic recovery.
Barclays and Commerzbank profits fail to impress skeptics
Higher than expected profits from Barclays and Commerzbank failed to dispel concerns over the underlying health of Europe's top banks on Thursday.
Barclays, Commerzbank profits fail to impress skeptics
Higher-than-expected profits from Barclays and Commerzbank failed to dispel concerns over the underlying health of Europe's top banks on Thursday.
Jitters cloud Barclays and Commerzbank profits
Lower bad debts propelled higher-than-expected profits at Barclays and Commerzbank on Thursday, but ongoing regulatory and economic uncertainty reined in investor optimism.
SocGen says recovery fragile, Q2 beats forecasts
French bank Societe Generale warned the economic recovery was still fragile, with moderate growth prospects in Europe, after it beat forecasts with an almost fourfold leap in second-quarter net profit.
SocGen says recovery fragile as Q2 beats forecasts
French bank Societe Generale warned the economic recovery was still fragile, with moderate growth prospects in Europe, after it beat forecasts with an almost fourfold leap in second-quarter net profit.