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Global stocks, bonds edge up after Draghi, data eyed

15-07-2014 16:47:00

(Reuters) - European shares edged up and euro zone bond yields dipped on Tuesday as investors balanced accommodative signals on monetary policy against a pre-earnings season warning from the software industry.

China pushes for developing world rights as BRICS summit opens

15-07-2014 16:44:21

(Reuters) - China will dedicate itself to "perfecting" the role developing countries play in international affairs to give them better representation and a greater say, President Xi Jinping said ahead of a summit of BRICS nations in Brazil.

European Stocks Are Little Changed as Software Retreats

15-07-2014 16:25:57

European stocks were little changed, after their biggest jump in more than a week, as investors awaited Federal Reserve Chair Janet Yellen’s semi-annual testimony. U.S. index futures were also little changed and Asian shares rose.

Citigroup Reaches USD7 Billion Mortgage-Bond Settlement

15-07-2014 09:56:07

Citigroup Inc. (C) agreed to pay $7 billion in fines and consumer relief to resolve government claims that it misled investors about the quality of mortgage-backed bonds sold before the 2008 financial crisis.

Microsoft Said to Announce Job Cuts as Soon as This Week

15-07-2014 09:53:39

Microsoft Corp. (MSFT) is planning its biggest round of job cuts in five years, as the software maker looks to slim down and integrate Nokia Oyj’s handset unit, people with knowledge of the company’s plans said.

Asian Stocks Climb Before BOJ as Brent Declines With Corn

15-07-2014 09:51:08

Asian stocks rose, with the regional index headed for a one-week high before the Bank of Japan reports on monetary policy and the head of the Federal Reserve addresses U.S. lawmakers. Corn futures and Brent crude oil resumed declines as South Korea’s won weakened.