Barchart News.
INDIANAPOLIS (AP) — Petroleum refiner Calumet Specialty Products Partners LP has started a public offering of approximately 5.3 million units. ( full story )
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HONG KONG (AP) — Two of China's biggest state-owned banks reported their slowest profit growth in years amid an economic downturn and interest rate reforms. ( full story ) |
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FRANKFURT, Germany (AP) — Random House publishing company has booked a record year thanks to sales of the "Fifty Shades of Grey" erotic romance trilogy. ( full story ) |
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ATLANTIC CITY, N.J. (AP) — From the day it opened less than a year ago, Revel decided to break the rules. ( full story ) |
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ATHENS, Greece (AP) — German Finance Minister Wolfgang Schaeuble has told a Greek newspaper he believes austerity measures in the crisis-hit country are working, despite growing hardship and high unemployment. ( full story ) |
SEOUL, South Korea (AP) — South Korea, China and Japan launched the first round of negotiations Tuesday for a free trade bloc that would be the world's third-largest after North America and the European Union. ( full story ) |
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BRUSSELS (AP) — The European Union's competition watchdog is expanding its investigation of the credit default swaps market to include a major derivatives trade body representing financial institutions. ( full story ) |
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NEW YORK (AP) — An analyst from Citi Investment raised her price target for Dollar General on Tuesday as the discounter's fourth-quarter profit beat analysts' expectations. ( full story ) |
LONDON (AP) — One of Britain's youngest Internet entrepreneurs has hit the jackpot after selling his top-selling mobile application Summly to search giant Yahoo. ( full story ) |
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WARSAW, Poland (AP) — Thousands of workers held work stoppages in Poland's southern industrial region on Tuesday to demand more job security, higher pensions and government protection for coal mines. ( full story ) |
HONG KONG (AP) — Billionaire Li Ka-shing's Hong Kong conglomerate Hutchison Whampoa said Tuesday that profit last year fell by about half compared with the previous year when income was inflated by a huge one-time gain. ( full story ) |
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TAIPEI, Taiwan (AP) — A contentious bid by a pro-China businessman and three associates to acquire Taiwan's largest newspaper and an influential investigative journal has fallen through after protests that the deal threatened press freedom on the democratic island. ( full story ) |
ULSAN, South Korea (AP) — North Korea's weapons program is not the only nuclear headache for South Korea. The country's radioactive waste storage is filling up as its nuclear power industry burgeons, but what South Korea sees as its best solution — reprocessing the spent fuel so it can be used again — faces stiff opposition from its U.S. ally. ( full story ) |
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WASHINGTON (AP) — Sales of new homes likely slipped in February after climbing to a 4½-year high in January. ( full story ) |
LONDON (AP) — European markets steadied Tuesday, a day after they were roiled by a suggestion from a leading European finance official that the Cyprus bailout was a model for the future. ( full story ) |
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MADRID (AP) — Spain's central bank is predicting a continuing recession and mounting unemployment for the rest of 2013 as the country struggles to free itself from a broad European slowdown and repair its finances. ( full story ) |
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WASHINGTON (AP) — U.S. orders for machinery and other long-lasting goods that signal investment plans surged in January. The gain showed businesses remained confident in the economy, even after taxes increased and government spending cuts loomed. ( full story ) |
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BANGKOK (AP) — The price of oil rose above $95 per barrel Tuesday ahead economic data from the U.S. that is expected to reflect a recovery in orders of durable goods. ( full story ) |
NICOSIA, Cyprus (AP) — Banks across Cyprus remain locked Tuesday after financial authorities extended the country's bank closure, fearing worried depositors will rush to drain their accounts. The shut-down is hammering businesses, which have been without access to their funds for more than a week. ( full story ) |
STARA ZAGORA, Bulgaria (AP) — Donka Hristova lets her mother pull her skintight mini-dress a half-inch down her leg. Checking her makeup one last time, she joins her two younger sisters in a provocative dance. ( full story )
