Even though market activity is subdued this week due to Thanksgiving, tomorrow, analysts and investors are still strapping in to withstand the mountain of economic data to be dumped on them today.
Norway’s sovereign wealth fund has grown to $800 billion and, according to the country’s central bank Governor Oeystein Olsen, it needs more direction if it is to continue to grow.
After spending the last six months making headlines in its attempt to resurrect itself, Hewlett Packard finally made the news for all the right reasons.
British Finance Minister Asks for Broader BoE Powers (Reuters) The Bank of England (BoE) has been asked by the country’s Finance Minister to consider enacting extra measures to help control the British banks’ risk-taking strategies. Minister George Osborne also asked for an accelerated time frame to implement new practices from international financial regulators. Specifically, the […]
Prices on U.S. bonds crept up a little higher on Tuesday, motivated by weaker-than-expected housing data.
German drug-maker Bayer AG is negotiating to buy out partner, Algeta SA.