BARCLAYS

U.S., OPEC cut world oil demand growth on economy

OPEC building is pictured in the centre Vienna September 14, 2010.
Global oil demand will grow less than previously projected this year, according to forecasts on Tuesday from the U.S. and OPEC, as a worsening economic outlook will curb consumption in developed countries.

Fund managers see tough times for Treasuries

A man walks in a building in Tokyo January 28, 2010.
The fact that U.S. Treasury bonds managed to cling to their coveted triple-A rating this week failed to impress several prominent bond fund managers, who say they are lightening up on Treasuries and stocking their portfolios with corporate bonds instead.
A Canadian five-dollar bill is seen in a posed photograph in Montreal.

Will Canada Intervene To Stem CAD Strength?

Following Japanese and Swiss authorities? intervention in the currency markets to weaken the sharp appreciation in their domestic currencies, now the market focus turns to Canada, where the Bank of Canada (BoC) expressed concerns over the persistent strength of Canadian dollar (CAD).
More news
Tapped Out?

Oil dives on risk retreat, year's gains erased

Oil tumbled as much as 6 percent on Thursday, with U.S. crude crashing through technical support to its lowest since February as mounting fears of a stalled economy set off a global race from riskier assets.
A Trader works on the floor of the New York Stock Exchange

Buyers ditch usual optimism after Wall Street mauled

After the terrible rout in markets on Thursday investors spoke of holding fast and even poking around for buying opportunities, but that's hard when the market is likely facing another weak U.S. jobs report on Friday.
Apple retail store in upper west side, New York City

Apple Aggressive in Defending Own IP: Analyst

Apple Inc. is being aggressive defending its own IP with well publicized suits against Samsung and HTC, Barclays Capital said. Key companies in the wireless arena including Apple and Google continue to acquire and invest in IP to cement their positions.
Traders work in the crude oil and natural gas options pit on the floor of the New York Mercantile Exchange

Oil Traders Ask "What Glut?" as Midwest Stocks Shrink

The latest U.S. oil inventory data contradict a widely held notion among oil traders that a huge glut of Canadian and U.S. shale crude oil is accumulating in the middle of the United States and causing the record gap in global oil benchmark prices.
Samsung Galaxy Tab 10.1

Samsung Eyeing InterDigital Bid for Patents to Hammer Apple: Report

Samsung may be eyeing InterDigital bid to challenge AppleSamsung Electronics, the No. 2 mobile phone maker, could be eyeing a bid for InterDigital?s 8,800 patents, Bloomberg reported. Rivals including Apple and Google had previously been reported as prospective bidders.Bloomberg said the South Korean electronics giant had been approached by investment bankers for InterDigital, which hired Evercore Partners and Barclays Capital last month to explore a sale. The King of Prussia, Pennsylvania...
iCloud Banner at Apple WWDC, San Francisco

iCloud is Major Differentiating Factor for Apple

Barclays Capital believes iCloud is a major differentiating factor for Apple Inc. -- facilitating convenience, ease of use and compatibility across its entire ecosystem. Apple's iCloud is nearing its official launch, which is still expected to be available with iOS 5 this fall, as iCloud.com went live this week.
U.S. President Barack Obama

It's Recession 2012! Early Signs of Economic Slump Emerge

With more than 14 million people out of work, consumer spending falling by the day, the GDP growth outlook remaining grim and rising inflation denting confidence of ordinary people, a massive spending cut of more than $2 trillion would be the proverbial last straw on the camel's back.
IBTimes Logo

Moody's outlook means downgrade possible in 12-18 mths

Moody's Investors Service on Tuesday confirmed its Aaa rating of the United States, citing the decision to raise the debt limit, but assigned a negative outlook that could pressure lawmakers to cut the U.S. deficit.
House Speaker John Boehner, R-Ohio

Debt Deal Offers Only Small Blessings For Economy

The tentative deal to avoid a crushing debt default is at best a mild relief for the U.S. economy that nearly stalled in the first half of the year and has yet to show signs of any realistic pickup.
Varoius Euro banknotes lay next to various Swiss Franc notes in this picture illustration at a bank in Warsaw

Dollar May Bounce on Downgrade, but Destiny is Dark

Lawmakers were still unable to reach an agreement on the U.S. debt ceiling on Friday, but there is no arguing that the dollar's safe-haven appeal should remain trumped by the Swiss franc and Japanese yen.
IBTimes Logo

Fortune tenders for $1 bln in debt

Fortune Brands Inc (FO.N) announced a tender offer on Thursday for up to $1 billion of debt using funds from the company's planned sale of its Acushnet golf business.
Dunkin' Brands

Dunkin' Brands IPO Priced Well Above Estimates

Dunkin' Brands (DNKN.O) has raised $422.75 million after pricing its IPO at $19 per share, well above the range set by underwriters, signaling strong demand for this week's biggest deal.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.