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Wal-Mart Executives Sweat Slow February Start in E-Mails

Wal-Mart Executives Sweat Slow February Start in E-Mails | EconMatters | Scoop.it
Wal-Mart Stores Inc. had the worst sales start to a month in seven years as payroll-tax increases hit shoppers already battling a slow economy, according to internal e-mails obtained by Bloomberg News.
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Global Finance Chiefs Said to Warn of Mounting Economic Risks

Global Finance Chiefs Said to Warn of Mounting Economic Risks | EconMatters | Scoop.it
Group of 20 finance chiefs will warn that risks to the global economy have increased in recent months, an official said, citing the latest draft of a communique due to be released today.
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Exxon Gets U.S. Sanctions Extension to Shut Russian Arctic Well

Exxon Gets U.S. Sanctions Extension to Shut Russian Arctic Well | EconMatters | Scoop.it
Exxon Mobil Corp. said the U.S. government is giving the company more time to shut its Russian Arctic well beyond the deadline for sanctions aimed at halting the $700 million project.
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French Jets Carry Out First Attack on Islamic State in Iraq

French Jets Carry Out First Attack on Islamic State in Iraq | EconMatters | Scoop.it
French jets destroyed an Islamic State depot in northeast Iraq today and further strikes are planned, President Francois Hollande said in a statement.
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Jack Ma Planning Personal Roadshow With Clinton to Immelt

Jack Ma Planning Personal Roadshow With Clinton to Immelt | EconMatters | Scoop.it
Jack Ma is wasting no time cozying up with the U.S.’s biggest power brokers -- from chief executive officers of some of the biggest companies to billionaire investors and a former president.
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Oracle’s Ellison Steps Down as CEO, Replaced by Hurd and Catz

Oracle’s Ellison Steps Down as CEO, Replaced by Hurd and Catz | EconMatters | Scoop.it
Oracle Corp.’s Larry Ellison stepped down as chief executive officer of the software maker he founded, making way for a new generation of executives and ending one of the most profitable runs for a leader in business history.
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IMF warns of 'excessive risk taking,' stock prices

IMF warns of 'excessive risk taking,' stock prices | EconMatters | Scoop.it
The IMF has become the latest group to warn on risk taking and equity valuations, as prices in "all major asset classes" now look stretched.
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China Joins ECB in Adding Stimulus as Fed Scales Back

China Joins ECB in Adding Stimulus as Fed Scales Back | EconMatters | Scoop.it
China’s central bank joined its European counterpart in boosting liquidity to address weakening growth, underscoring a divergence in direction among the world’s biggest economies as the U.S. reduces stimulus.
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FedEx to hike ground, express delivery rates

FedEx says it will raise U.S. rates for express, ground and home-delivery shipments by an average of 4.9 percent in January.
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China Provides $81.4 Billion in Liquidity to Five Banks

China Provides $81.4 Billion in Liquidity to Five Banks | EconMatters | Scoop.it
China is providing 500 billion yuan ($81.4 billion) of liquidity to the country’s five biggest banks as Premier Li Keqiang steps up stimulus to support economic growth, Sina.com reported yesterday.
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Nigerian oil workers start strike, oil exports at risk - Oil | Platts News Article & Story

Nigerian oil workers start strike, oil exports at risk - Read this Platts oil news article here. Plus discover more oil market news, products & services.
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Scotland Is Crucible for U.K. Leaders Battling to Save Union

Scotland Is Crucible for U.K. Leaders Battling to Save Union | EconMatters | Scoop.it
Britain’s main party leaders are making their final pleas to Scots voters to keep the union whole, pledging unprecedented powers to head off independence they warn would estrange Scotland from the U.K. forever.
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Brent Oil Falls to 2-Year Low on Slower Chinese Growth

Brent Oil Falls to 2-Year Low on Slower Chinese Growth | EconMatters | Scoop.it
Brent crude declined to the lowest level in more than two years on concern slower economic growth in China will reduce demand. West Texas Intermediate also fell.
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Scots Breakup Risk Seen Delaying U.K. Action on Islamic State

Scots Breakup Risk Seen Delaying U.K. Action on Islamic State | EconMatters | Scoop.it
While David Cameron pledged today to take “whatever steps are necessary” to confront Islamic State after the beheading of a British hostage, no decisions are likely until after Scotland’s independence referendum.
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US fighter planes intercept Russian combat jets off Alaska, Sweden protests Airspace 'violation'

US fighter planes intercept Russian combat jets off Alaska, Sweden protests Airspace 'violation' | EconMatters | Scoop.it
Eight Russian planes, including long-range bombers, were intercepted this week by US and Canadian pilots. Meanwhile, Sweden has made its displeasure known to the Russian government after similar incursions.
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WTI Falls Third Day on Dollar Strength as Supply Rises

WTI Falls Third Day on Dollar Strength as Supply Rises | EconMatters | Scoop.it
West Texas Intermediate crude fell for a third day on rising U.S. inventories as a stronger dollar weighed on commodity prices. Brent futures rose on supply risks.
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Scotland Rejects Independence as U.K. Vows to Give It More Power

Scotland Rejects Independence as U.K. Vows to Give It More Power | EconMatters | Scoop.it
Scotland voted to stay in the U.K. in a referendum on independence, stepping back from a breakup of the 307-year-old union while wringing promises of more financial power from Prime Minister David Cameron.
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Alibaba Group Said to Raise $21.8 Billion in Record U.S. IPO

Alibaba Group Said to Raise $21.8 Billion in Record U.S. IPO | EconMatters | Scoop.it
Alibaba Group Holding Ltd., the e- commerce company started in 1999 with $60,000 cobbled together by Jack Ma, today cemented its status as a symbol of China’s economic emergence by raising $21.8 billion in a U.S. initial public offering.
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Oil futures fall on unexpected build in US crude stocks - Oil | Platts News Article & Story

Oil futures fall on unexpected build in US crude stocks - Oil | Platts News Article & Story | EconMatters | Scoop.it
Oil futures fall on unexpected build in US crude stocks - Read this Platts oil news article here. Plus discover more oil market news, products & services.
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Missing Men in U.S. Workforce Risk Permanent Separation

Missing Men in U.S. Workforce Risk Permanent Separation | EconMatters | Scoop.it
Tom Kaminski is back at work, three years after losing his job as a human-resources manager and dropping out of the labor force for a time to go back to college.
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China deploys new oil rig to drill in East China Sea

China deploys new oil rig to drill in East China Sea | EconMatters | Scoop.it
China has sent a new oil rig to explore the East China Sea, an area that includes waters disputed with Japan....
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China rig finds gas after Vietnam sea standoff

China rig finds gas after Vietnam sea standoff | EconMatters | Scoop.it
The Chinese exploration rig at the center of a tense maritime standoff with Vietnam earlier this year has made its first deep sea gas discovery in the politically volatile South China Sea, state media announced Tuesday.
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U.S. Stocks Rise While Oil Rallies as PBOC Adds Stimulus

U.S. Stocks Rise While Oil Rallies as PBOC Adds Stimulus | EconMatters | Scoop.it
U.S. stocks rose and commodities rallied on a report that China’s central bank is boosting stimulus measures. Treasuries advanced while the dollar fell on bets the Federal Reserve won’t be in a hurry to raise rates.
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OPEC's Badri sees oil prices rising again by year-end - Oil | Platts News Article & Story

OPEC's Badri sees oil prices rising again by year-end - Oil | Platts News Article & Story | EconMatters | Scoop.it
OPEC's Badri sees oil prices rising again by year-end - Read this Platts oil news article here. Plus discover more oil market news, products & services.
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Speculators Cut Gas Bets to 9-Month Low on Supply Growth

Speculators Cut Gas Bets to 9-Month Low on Supply Growth | EconMatters | Scoop.it
Hedge funds reduced bullish wagers on natural gas to the lowest level in more than nine months as U.S. shale production surges to an all-time high.
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Japanese actress Shirley Yamaguchi dies at 94

Japanese actress Shirley Yamaguchi dies at 94 | EconMatters | Scoop.it
Japanese actress and singer Yoshiko "Shirley" Yamaguchi, who was nearly executed in China at the end of World War II, has died at the age of 94 after a life as dramatic as any of her films. Yamaguchi, who was born to Japanese parents in pre-war Manchuria, where her father worked for the railway, entertained Chinese and Japanese audiences posing as a Chinese under her assumed identity Li Xianglan. The actress, who formally went by the surname of her late husband and diplomat Hiroshi Otaka, succumbed to heart failure at her home in Tokyo on September 7, her family said Sunday. "She watched various DVDs including movies and documentaries from other countries like China and the United States."
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