INVESTMENT

Citi continues to refuse to discuss its 10 percent stake Al Raya Investment, four days after the Kuwaiti firm's chief executive was found dead.

Britain's leading institutional investors could join forces to bypass investment banks in a protest over the fees they charge for rights issues, The Times reported.

Internet content delivery company Akamai Technologies Inc reported second-quarter revenue and an outlook that fell short of Wall Street's expectations, citing pricing pressure, dragging its shares down 11 percent in after-hours trade.

U.S. stocks fell on Wednesday as investors worried that China might be ready to hit the brakes on lending, a move that could curb demand and hinder the global economic recovery.

Stocks fell on Wednesday as investors worried that China might be ready to hit the brakes on lending, a move that could curb demand and hinder the global economic recovery.

The top U.S. futures regulator on Wednesday expressed concern that exempting some investors from proposed position limits on futures contracts could undermine efforts to clamp down on excessive speculation in energy trading.

Corrects final paragraph to show that Nasdaq's decliners outnumbered advancers

Stocks fell on Wednesday as investors worried that China's banks might be ready to hit the brakes on lending to stem market excesses, a move that could curb the global economic recovery.

Stocks fell on Wednesday as investors worried that China's banks might be ready to hit the brakes on lending to stem market excesses, a move that could curb the global economic recovery.

Bill Gross, the influential manager who runs top bond fund PIMCO, on Wednesday lambasted his industry for charging investors hefty fees for subpar performance amidst the worst economic crisis since the Great Depression.

China's bubbly stock market is making heroes out of some unlikely companies. And none more so than BYD Co. (1211.HK), in which Warren Buffett plans to take a 10 percent stake.

Commodity Futures Trading Commission Chairman Gary Gensler said on Wednesday he supports exemptions for bona fide hedgers despite some broader concerns as the regulatory agency moves toward clamping down on excessive speculation in energy futures trading.

Mutual fund giant Fidelity Investments said on Wednesday it struck a second deal to offer brokerage customers shares of initial public offerings, this time with Deutsche Bank AG.

Big Web Ad Deal Sealed, Economy's Factories Get to Work, Oil Supply Glut

The United States said on Wednesday no deal had been reached so far in talks to settle a tax evasion dispute with UBS AG and it expected a trial against the Swiss bank to go ahead as scheduled on Monday.

The top U.S. futures market regulator would strip liquidity needed to make the market run efficiently if it failed to allow certain traders to exceed position limits, a Goldman Sachs Group Inc executive said Wednesday.

China Pacific Insurance (Group) Co Ltd, part-owned by the Carlyle Group, has hired China International Capital Corp (CICC) and three other investment banks to arrange its Hong Kong initial public offering, two people with direct knowledge of the situation said on Wednesday.

China Pacific Insurance (Group) Co Ltd, part-owned by the Carlyle Group, has hired China International Capital Corp (CICC) and three other investment banks to arrange its Hong Kong initial public offering, two people with direct knowledge of the situation said on Wednesday.

Stocks headed for a lower open on Wednesday as a larger-than-expected 2.5 percent drop in June new orders for long-lasting U.S. manufactured goods revived worries that the economic recovery might be weak.

Stock index futures fell on Wednesday as a drop in commodity prices looked set to weigh on shares of natural resource companies and investors digested the impact of an overnight sell-off in Chinese stocks.

Stock index futures slipped on Wednesday as investors paused to gauge if the recent market run-up will be sustained, while a drop in commodity prices looked set to weigh on shares of natural resource companies.