US News

Change in the Murdoch empire News Corp has announced that it has completed the separation of its businesses from 21st Century Fox (formerly called News Corporation), effective today at 4:30 pm EDT. The new News Corp is a leading global network of powerful, valuable and complementary brands in news and information services, sports programming in […]

After several weeks of declines the UK index has registered some welcome progress, finding support just above the round number 6000 and posting a 4.5% rally to test the trendline of falling highs since end-May. Uncertainty may still be rife regarding the future of the US Federal Reserve’s QE3 programme. However, Bernanke had his committee […]

EU approve Euronext combininng with IntercontinentalExchange NYSE Euronext have announced that it has been notified by the European Commission that the proposed acquisition of the Company by IntercontinentalExchange has been unconditionally approved. “We welcome the European Commission’s decision,” said Duncan L. Niederauer, CEO of NYSE Euronext. “This is obviously a significant step forward...

Global EcoPower lists on NYSE Alternext. NYSE Euronext has today announced the listing on NYSE Alternext in Paris of Global EcoPower, a turnkey constructor of power plants using renewable energy sources. Based in Aix-en-Provence, Global EcoPower is managed by two specialists in wind power and finance, CEO Jean-Marie Santander and EVP Philippe Perret, who have […]

NYSE to Commence Proceedings to Delist the Common Stock of Verso Paper Corp. The New York Stock Exchange have announced that the staff of NYSE Regulation have determined to commence proceedings to delist the common stock of Verso Paper Corp. Verso has a right to a review of this determination by a committee of the […]

Up, up and away for new venture? Air BP, the aviation fuel services division of BP, has signed an agreement with Grupa Lotos to form a new joint venture to manage the supply, logistics and marketing of aviation fuel in Poland. The new joint venture, Lotos – Air BP Polska, will be formed by Air […]

Everyone knows that the markets drooped following Wednesday’s U.S. Federal Reserve update from Ben Bernanke.  You should also know by now that I am a big-picture kind of guy, but when one observes from the 30,000 foot level, one also misses some of the details that, on any other day, would be major headlines.  For […]

It’s almost impossible to believe how much one economy, and one man at one central bank, can affect the entire world with one short speech about his financial strategy.  But Ben Bernanke got the world to play the game of “Ring Around the Rosie” by doing just that yesterday afternoon.  “We all fall down.” As […]

“The world is changing” – one of the lines in one of the many Japanese anime that touches the state of global affairs and a few hours ago the world has witnessed the announcementof a landmark deal from four of the most powerful persons in the world – the President of the United States of the […]

Japanese stocks weaken, as the yen begins to strengthen against the U.S. dollar. Last week, the Nikkei 225 index fell by more than 6.5% and this has allowed it to get into very bearish, so we could see further declines in the coming days. Because of this, the yen has started to strengthen against the […]