The Labour government will unveil a 2 billion pound ($3 billion) green investment bank in Wednesday's budget to help Britain's transformation to a low carbon economy, a government source said on Sunday.
Stocks fell on Friday, following the Dow's eight consecutive days of gains as a rising dollar hurt oil prices and weighed on energy stocks.
Stocks were set to open slightly higher on Friday with a barren economic calendar providing few catalysts, as Boeing was expected to rise after the planemaker said it will accelerate some production.
A Manhattan federal judge on Thursday barred the financial news service Theflyonthewall.com from issuing immediate news about analyst research from several Wall Street banks, often before recommendations are shared with clients.
The Dow industrials rose for an eighth consecutive session on Thursday, lifted by a rise in Boeing's stock, while a mixed group of economic figures kept the broader S&P 500 in check.
The Dow industrials advanced for an eighth consecutive session on Thursday, lifted by a rise in Boeing's stock, while a mixed group of economic figures kept the broader S&P 500 in check.
Barnes & Noble Inc promoted the head of its e-commerce business to chief executive, weeks after investor Ron Burkle accused its board of protecting the interests of its controlling family when it blocked his attempt to raise his stake.
JimmyJane, a startup that makes vibrating sex toys, raised $2 million from investors, according to a recent regulatory filing.
Fannie Mae, the largest provider of U.S. residential funding, on Wednesday slashed its forecast for residential investment this quarter following a setback in home sales, and warned on its impact on the economic recovery.
A consortium led by Blackstone Group has agreed to invest about $600 million in a Chinese agricultural company ahead of its planned Hong Kong listing, sources with knowledge of the deal said on Wednesday.
Wall Street was set to open higher on Wednesday, continuing a rise in global equities as a renewed promise of extended low interest rates from the Federal Reserve enticed investors into riskier assets.
CWCapital, which has moved to foreclose on the sprawling New Yock City apartment complex of Stuyvesant Town/Peter Cooper Village, may itself be sold.
It's early days, but speculation is already building that HSBC may participate in the auction for a $3.9 billion stake in Korea Exchange Bank , South Korea's sixth-largest lender.
Harley-Davidson Inc shares jumped 5.7 percent on Tuesday amid speculation the motorcycle maker could be the target of a leveraged buyout.
Global investment banking revenues this year may match the buoyant levels of 2009, analysts forecast on Tuesday, easing fears of a sharp drop during what looks set to be a pivotal year for the industry.
Big stakeholders in the U.S. futures industry appear confident that its regulator will see the value in high-frequency trading as the regulator ramps up scrutiny of the rapid-fire technique.
Retail participation in gold investment is steadily rising, prompting the commodity exchanges to innovate products as well as delivery mechanisms with significant volumes being generated from retail products like gold guinea. Ahmedabad-based National Multi-commodity Exchange (NMCE) is steadily going ahead with its unique investment product, gold guinea. A guinea, weighing 8 grams each has created a separate class of gold investors.
Stock futures on major U.S. indices are up in the European session as investors digested the announcement of Senator Chris Dodd's financial reform bill and the steps Europeans leaders are taking to craft an aid for Greece.
The New York Federal Reserve Bank's president would become a political appointee and bank chiefs like JPMorgan Chase's Jamie Dimon could no longer sit on the board of their regulator under a proposal unveiled by the head of the Senate Banking Committee on Monday.
Blackstone Group LP will be able to move forward with its 1-billion euro ($1.38 billion) project to build and manage a German offshore wind farm.
Stocks were little changed on Monday as a late rebound in financial stocks offset nagging worries the Chinese government may tighten credit, a move that could slow growth in the global economy.
Investors are continuing to flock to 'black box' hedge funds and are willing to pay top-end fees in spite of the poor performance from some big-name funds recently, according to the head of investment firm AlphaMetrix.