BNP Paribas Stories
Can Roger Federer Lose His No. 1 ATP Ranking To Rafael Nadal At Indian Wells?
The Swiss star may lose his No. 1 ranking to Rafael Nadal.
Serena Williams Not At Her Best But Ready To Make Comeback
The 36-year-old will be making her first appearance on the WTA Tour in over 12 months after giving birth to daughter.
Rafael Nadal Injury News: How Serious Is Rafa's Hip Problem?
The Spanish star is still battling a right hip injury after suffering several other injuries.
Russia Bank Hack: Android Malware Used To Steal Money From Russian Banks
Hackers in Russia targeted domestic bank customers and stole funds from their accounts using Android malware. The group intended to target bank customers in France and other western countries before being arrested.
Tennis Star Roger Federer Honored By Moët & Chandon During The Miami Open
Tennis star Roger Federer took a break from the Miami Open to celebrate with Moët & Chandon.
How Wall Street Firms Make Money From Donald Trump’s Prison Policy
If President-elect Donald Trump expands the use of private prisons, Wall Street banks will see a big payday.
Samsung To Sell Refurbished Smartphones, Report Says
The South Korean electronics giant may sell refurbished versions of its used premium smartphones as early as next year, a report said.
Eyes On Yellen For Rate-Hike Signals After Payroll Data Shocks
Shockingly weak payroll data on Friday showed U.S. employers added only 38,000 jobs in May, killing off chances for a Fed rate hike this month.
ECB Meeting: Monetary Policy Left Unchanged; Inflation, Growth Forecasts In Focus
The European Central Bank, already in the midst of a massive quantitative easing program, kept monetary policy unchanged Thursday.
May Jobs Report: Three Things To Watch For In Friday’s Employment Data
Friday’s jobs report is the last one Fed officials will see before their June meeting. From Verizon strikers to wages, here’s what they might be watching for.
Exxon And Chevron Shareholders Vote Down Proposals On Climate Risk Outlook, Despite Strong Support
Shareholders at annual meetings Wednesday shot down measures requesting the energy giants to disclosure how they would respond to global efforts to limit climate change.
European Central Bank Chief Mario Draghi Expected To Fend Off German Criticism During Thursday Meeting
European Central Bank officials, including President Mario Draghi, will focus on defending the central bank’s policy that has recently come under severe criticism in Germany.
China’s GDP Growth Slows To 6.7% in Q1, But Economists See Signs Of Stabilization
A first-quarter rise of 6.7 percent was the weakest since 2009 — but analysts see signs of stabilization ahead.
Iran Nuclear Deal Update: As Sanctions End, European Banks Return To Iranian Transactions
European banks have paid billions of dollars in fines for violating sanctions agreements in the past five years.
Germany Talks Up Submarine Bid For Australia, Says Canberra May Risk Chinese Relations If Deal Goes To Japan
Germany, Japan and France are believed to be the front-runners for a contract to build 12 conventional submarines for Australia, at an estimated cost of at least $43 billion.
BNP Paribas’ Quarterly Profit Plunges, Promises Spending Cuts
France's largest bank posted a 52 percent decline in fourth-quarter earnings and pledged to restructure its investment banking business to boost profits.
Euro Nears 8-Month Low Against The Dollar Amid ECB Stimulus Speculation, Looming Fed Rate Hike
Amid speculation the European Central Bank may announce more stimulus measures this week, the currency neared its biggest monthly decline against the dollar.
Crédit Agricole Penalized $787 Million Over Iran, Sudan Sanctions Violations
The French bank will pay $787 million to settle charges that it did business with Sudan, Iran and other sanctioned regimes between 2003 and 2008.
Asian Stocks Near One And A Half Year Lows On China Data; Dollar Steady
Asia Stocks Tread Water, China Sinks, All Eyes On Fed
The Fed's statement is due at 2 p.m. EDT, followed half an hour later by Chair Janet Yellen's news conference.
Soccer Corruption Scandal: Wall Street Banks Swept Up In FIFA Investigation
The U.S. Department of Justice has indicated that major banks could be pulled into the investigation of corruption in the soccer world.
US Job Growth Seen Regaining Steam, Keeping Fed Rate Hike On Track
The Labor Department will release its closely followed employment report at 8:30 a.m. (1230 GMT) on Friday.
BNP Paribas Sentenced In $8.9 Billion US Sanctions Accord
The case marked the first time a global bank pleaded guilty to violations of U.S. economic sanctions.
Central Banks Will Be Busy This Week, But Their Ability To Boost Global Business Is In Doubt
Recent easing -- and the halving of crude-oil prices, supposedly a windfall for consumers -- have not changed the global outlook all that much.
UBS, BNP Among Early Bidders For China's Postal Savings Bank Stake Ahead Of IPO: Sources
The pre-IPO stake sale is a stepping stone that would set a valuation benchmark for the offering.
Euro Sinks To 12-Year Lows As Yield Gap Grows
In a dollar rally that began last July the single currency has lost around a quarter of its value.
US Eager To Open Cuba Embassy Before April, Report Says
Cuban officials have demanded their country be removed from the American State Sponsors of Terrorism list before opening the U.S. embassy.
Dollar Set For Record Run, European Shares Rise
The dollar was on track for its best run since 1971, while European shares headed for their best monthly performance in more than three years.
Crude Prices Jump After Saudi King Abdullah's Death, But Experts Say Volatility Won't Last
Though global prices jumped on the news of Abdullah's death, experts expect a smooth transition and no big policy changes.
Euro Hits Nine-Year Low Ahead Of Central Bank Decision Next Week
Investors are worried about Greece, oil and an ambitious economic stimulus plan.