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  • Blackstone to pull out of Russia

    US private equity group Blackstone is "giving up on Russia", highlighting how even well-connected western investors are shying away from doing business in the country. The New York-based buyout group has been frustrated in its attempts to find deals in the country since its co-founder Stephen…

    Financial Times
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  • Here's What Mark Cuban Wishes He Knew About Money In His 20s

    AP Mark Cuban is the owner of the Dallas Mavericks. Billionaire investor and entrepreneur Mark Cuban is generous with his advice. When we asked him what he wishes he'd known about money in his 20s, he said:

    Business Insider
  • Why Warren Buffett hates gold

    Warren Buffett didn't become one of the greatest investors of our generation by investing in gold. Just take a look at part of a speech Buffett gave at Harvard in 1998 when he said of gold:"(It) gets dug out of the ground in Africa or someplace. Anyone watching from Mars would be scratching their…

    USA TODAY
  • 10 Stocks Trading Under $10 With Huge Upside Potential

    Ballard Power Systems Inc. (BLDP) has been around forever as a fuel cell play. DryShips Inc. (DRYS) was started as Buy with a $5 price target at Deutsche Bank in a late-Monday call. The Deutsche Bank research on the sector was very positive, with 2015 expected to be a solid year for growth across…

    24/7 Wall St.
  • Ethiopian Air Places $2.1 Billion Order for Boeing 737s

    Ethiopian Airlines Enterprise, Africa ’s largest carrier by revenue, agreed to buy 20 redesigned 737 models valued at $2.1 billion in the largest single order for Boeing (BA) Co. planes by a carrier from the continent. The Boeing model will be a key component of the Addis Ababa-based carrier’s…

    Bloomberg
  • Play

    'Great Rotation' Into Stocks Runs Its Course

    Investors have been putting money back into bond funds as interest rates have unexpectedly dropped this year.

    Morningstar
  • Top 5 money problems Americans face

    Many Americans fear for their financial future.A recent survey by Money-Rates asked people about their financial worries, regrets, and fears. More than one-third (35%) of the Money-Rates survey respondents said that paying regular financial obligations — bills, a mortgage or rent payment, credit…

    USA TODAY
  • The Steps To Success

    Who is the one person who has had the biggest impact on your life?

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  • Weak Yen Seen Putting Japan at Recession Risk by Iwata

    Japan is in danger of falling into a recession as the yen’s decline reduces the purchasing power of households and squeezes corporate profits, said a former deputy governor of the Bank of Japan . “The current yen weakness is slightly excessive,” Kazumasa Iwata, the deputy from 2003-2008, said in an…

    Bloomberg
  • Oklahoma City oil producer unveils new formation

    An Oklahoma City-based energy company has unveiled a new formation in south-central Oklahoma that the company's CEO said will elevate the state as an oil producer. Continental Resources Inc. said western Oklahoma's Springer Shale deposit is in the heart of the South Central Oklahoma Oil Province,…

    Associated Press
  • At a Glance: the business dealings of Jeb Bush

    Jeb Bush entered the Florida governor's mansion in 1999 with a net worth of $2 million, a relatively modest fortune compared with others in the Bush family. Within months of leaving office, he started a consulting firm, registered as a broker for Lehman Brothers and joined a number of corporate…

    Associated Press
  • China IPO Easing, ITT Wells Notice, Espirito Santo: Compliance

    China will ease restrictions on initial public offerings by brokerages to aid them in their expansion plans as the government seeks to make domestic players more globally competitive. The China Securities Regulatory Commission will scrap requirements that only brokerages with “good growth…

    Bloomberg
  • LVMH Dealmakers Pair Dumplings With Dom Perignon: Southeast Asia

    LVMH Moet Hennessy Louis Vuitton SA (MC) ’s private-equity arm, which bought a rooftop bar and dim sum restaurant chain in Singapore this year, is seeking more investments in the region to gain from rising consumer spending. L Capital Asia sees opportunities in Singapore’s food and beverage,…

    Bloomberg
  • Citizens Financial Stock Offering, and a New BlackBerry

    CITIZENS FINANCIAL GROUP TO HOLD I.P.O. IN NEW YORK Citizens Financial Group, a retail bank with 1,230 branches and $130 billion worth of assets, is scheduled to price its initial public offering this week. The firm is being spun off from the Royal

    The New York Times
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  • Kashmir's famed carpets ruined in $5 bn flood losses

    Caked with mud and soaked in putrid water, Qazi Mohammad Yahya's ruined handmade carpets and Pashmina shawls reflect Indian Kashmir's economic devastation from the region's worst floods in a century. As the waters recede and the clean up finally begins, business owners, including those selling…

    AFP
  • Alibaba’s Banks Said to Boost IPO Size to Record $25 Billion

    Alibaba Group Holding Ltd. (BABA)'s initial public offering became the biggest ever at $25 billion, after bankers exercised an option to boost the deal size by 15 percent on strong demand, a person familiar with the matter said. The underwriters exercised a so-called greenshoe option to sell an…

    Bloomberg
  • How to Play the Real-Estate Market

    Skimpy interest rates, pent-up demand and lower prices have sparked gains of about 20% in the median price of new and existing homes over the past two years. Select REIT Index—which covers a number of investment vehicles—has climbed about 150% since the beginning of 2009, roughly matching the…

    The Wall Street Journal29 mins ago
  • Tax refunds will be cut for ACA recipients

    A significant benefit of the Affordable Care Act is the opportunity to receive money-saving tax credits up front to cut the overall cost of health insurance, but now hundreds of thousands of consumers could owe back some of that money next April.Those affected took advance payments of the premium…

    USA TODAY
  • World Bank Says Africa Eurobond Binge May Be Costly to Refinance

    African nations tapping demand from bond investors lured by high yields may find refinancing of their Eurobonds costly, the World Bank ’s chief economist for the continent said. Countries in Africa sold a record $6.25 billion of dollar-denominated debt in 2013. This may be followed by $6 billion…

    Bloomberg
  • Tencent: JP Morgan Cuts 2014 Mobile Game Forecast, Lowers TP

    J.P. Morgan cut its price target for Tencent Holdings (0700.HK/TCEHY) from 144 Hong Kong dollars to HK$137, on weaker mobile gaming revenue. Specifically, the bank now expects Tencent to deliver 10.3 billion yuan mobile gaming revenue this year, down 19% from the previous forecast of 12.7 billion…

    Barrons.com
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  • Zambia’s Copperbelt Energy Restricts Power to Konkola on Dispute

    Konkola Copper Mines Plc said Zambia’s Copperbelt Energy Corp Plc is restricting its power supply amid a dispute regarding tariff increases. “The restriction in power supply will adversely affect Konkola Copper Mines’ operations and compromise safety of the employees and job security,” Shapi…

    Bloomberg