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CNN

Europe - Russia company takes on Airbus, Boeing


Russian aviation company Rosavia hopes to redefine the commercial aircraft market with a new medium-haul wide-body airliner


Tuesday, February 09, 2016  15:06

Yahoo

Business - Goldman CEO eyes more cost cuts amid global growth concerns


Goldman Sachs Group Inc`s chief executive officer signaled the U.S. bank could cut costs yet again as market turmoil, declining oil prices and concerns about Germany`s Deutsche Bank AG have cratered the sector`s shares this year. `We can absolutely do a lot more on the cost side if we have to, especially now, when you have to deliver a return,` CEO Lloyd Blankfein said on Tuesday while speaking at the Credit Suisse financial services forum in Miami. `We take a particular and energetic look at continued cost cuts when revenues are stalled ... Necessity is the mother of invention.` Goldman, like its Wall Street peers, is grappling with low interest rates and strict regulations that have curbed profits in areas like fixed income trading.


Tuesday, February 09, 2016  14:48

CNN

Market - Global central banks are running `out of ammo`


Central banks across the world are doing everything they can to prop up economies and currencies. Yet experts are worried all these actions will have a negative impact.


Tuesday, February 09, 2016  14:48

Yahoo

World - CEO reassures Deutsche Bank is `rock-solid` as shares sink


FRANKFURT, Germany (AP) Deutsche Bank co-CEO John Cryan is reassuring employees and the markets that Germany`s largest lender remains `rock-solid` even though its shares have taken a beating.


Tuesday, February 09, 2016  15:23

Yahoo

World - The Latest: Wall Street edges up after weak opening


LONDON (AP) The latest on the turmoil afflicting global financial markets (all times local):


Tuesday, February 09, 2016  15:23

Yahoo

World - US stocks open slightly lower; Japan`s market slumps


NEW YORK (AP) Stocks are opening modestly lower in the U.S., led by declines in energy companies and banks.


Tuesday, February 09, 2016  15:06

CNN

Market - Why the Nasdaq is on the verge of a bear market


For the first time since the Great Recession, the Nasdaq is getting dangerously close to a bear market.


Tuesday, February 09, 2016  15:23

Yahoo

World - The Latest: Selling across European markets gathers pace


The latest on the turmoil afflicting global financial markets (all times local): 12:50 p.m. The selling pressure across Europe`s stock markets has intensified, with worries over the health of the region`s ...


Tuesday, February 09, 2016  13:00

CNN

Market - Zenefits CEO steps down over compliance issues


Zenefits founder and CEO Parker Conrad steps down. COO David Sacks takes over, with a call to fix compliance issues and change the company`s culture.


Tuesday, February 09, 2016  03:39

Yahoo

World - Asia stocks extend global sell-off, Japan down 4.9 percent


Asian markets tumbled Tuesday as renewed jitters about the global economy set off a wave of selling in banking stocks.


Tuesday, February 09, 2016  03:05

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