Sunday, January 5, 2014

2014 could be better year for US economy: Ben Bernanke

WASHINGTON: Federal Reserve Chairman Ben Bernanke said on Friday that factors which have kept the economy from accelerating appear to be abating, and he predicted stronger growth in 2014.

Saturday, January 4, 2014

Lending to business suffers biggest fall since 2011, Bank of England data shows

Lending to businesses has suffered its biggest drop since April 2011, raising concerns about the strength of the economy and the impact of schemes intended to increase banks' appetite to lend.

Friday, January 3, 2014

U.S. factory, jobs data show underlying strength in economy

(Reuters) - U.S. factory activity held near a 2-1/2-year high in December and the number of Americans filing new claims for jobless benefits fell again last week, suggesting the economy was poised for stronger growth in 2014.

Thursday, January 2, 2014

Blackstone to invest $200 million in Crocs: WSJ

NEW YORK: Blackstone Group LP is making a $200 million investment in Crocs Inc that will give the private equity firm a 13 percent stake in the shoe company, Crocs' chief financial officer told the Wall Street Journal on Sunday.

Wednesday, January 1, 2014

Gold Surrenders Streak as Investors Embrace Stocks With 20% Gain

Investors’ 12-year love affair with gold ended in 2013 as they abandoned the precious metal for stock markets in the world’s developed economies, lifting global share prices by the most in four years.