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Big Picture Market Perspectives: March 6, 2017
It's jobs week. Thanks to 1) Trump's reminder to the country in his address to Congress last week that big economic stimulus was coming, and 2) Yellen's remarks last week that all but promised a rate hike this month, the market is about as close to fully pricing in a rate hike as possible for March 15. The last -
High heels row: MPs 'shocked' by women's dress code stories
via bbc.co.uk
A petition that calls for a ban on forcing women to wear high heels at work is debated by MPs. -
BA to offer less legroom than Ryanair on some planes
via bbc.co.uk
British Airways will cram in more passengers on some of its aircraft used for European flights. -
British Airways to cut legroom on some planes
via bbc.co.uk
Legroom on some BA planes will now be the same as Easyjet. -
German chain store tycoon Schlecker in fraud trial with family
via bbc.co.uk
It is alleged that ex-pharmacy boss Anton Schlecker and his family profited from their firm's demise. -
Deutsche Bank shares hit by cash call
via bbc.co.uk
The troubled German bank plans to raise 8bn euros by issuing new shares. -
All Eye On GM And Jobs Report
General Motors GM made headlines in today s pre market when it announced it will be selling its European brands Opel and Vauxhall to French automaker Peugeot for 2 3 billion in cash and stock GM plans to take a one time charge of between 4 4 5 billion related to pension agreements -
Hush hush
via bbc.co.uk
The new design of London black taxi cab has an electric engine that makes it virtually silent. -
Why are black cabs being tested in the Arctic Circle?
via bbc.co.uk
The brand new design for London's iconic vehicle is tested out in an extreme and clean environment. -
FTSE 100 down despite Standard Life boost
via bbc.co.uk
Falling shares in the mining sector outweigh news of a merger in the fund management world. -
U.S. Shale Production Growing At An Unprecedented Pace
The oil markets have long expected that U.S. shale production would rebound once oil prices started to rise. But the comeback of shale could be much faster and stronger than many once anticipated.AsBloomberg Gadflypoints out, the rise in U.S. oil production since output bottomed out at the end of last summer -
Vauxhall deal prompts cautious optimism from UK government
via bbc.co.uk
The government seeks to reassure workers at Ellesmere Port and Luton car plants after Vauxhall's sale. -
Gender pay gap in 'reverse' for some ethnic groups
via bbc.co.uk
Caribbean women among those earning more than their male counterparts, a UK study suggests. -
Asda fined over dead mice and flies at Enfield depot
via bbc.co.uk
Rodents had been "running riot" at the supermarket depot in Enfield, a council said. -
Coal collapse drives down UK carbon emissions
via bbc.co.uk
A collapse in the use of coal has driven UK carbon emissions down to levels barely seen since the Victorian era, new figures show. -
Aberdeen Asset Management and Standard Life confirm merger terms
via bbc.co.uk
The deal will create one of the UK's largest fund managers, overseeing assets worth £660bn -
Car deal
via bbc.co.uk
Why is General Motors selling its Vauxhall and Opel businesses to the owner of Peugeot? -
Why all investors should care about China
China s debt driven growth model is starting to reach its limits Yet the country is also transitioning into a high tech more consumer driven economy How this economic evolution plays out will have major ramifications for the global economy as my BlackRock Investment Institute colleagues and -
Dollar Gives Back More Before Consolidating
The US dollar's pre-weekend pullback was extended in early European turnover but appeared to quickly run out of steam. The prospect of a constructive US employment report at the end of the week, especially given the steady decline in weekly initial jobless claims to new cyclical lows, underscores the likelihood -
FX: Euro Jukes As Juppe Demurs
Market Drivers March 06, 2017Alain Juppe rules out running EUR tumbles Risk aversion weighs on USDJPY Nikkei -0.46% Dax -0.50% Oil $53/bbl Gold $1232/oz.Europe and Asia:AUD AU Retail Sales 0.4% vs. 0.4% EUR EU Retail PMI 49.9 vs. 50.1North America:USD Factory Orders 08:30The euro went for a ride on the -
Inside the TalkTalk 'Indian scam call centre'
via bbc.co.uk
Three whistleblowers reveal details of an industrial-scale fraud operation based in India. -
PSA boss: 'I trust Vauxhall workers to improve their performance'
via bbc.co.uk
The boss of Peugeot-Citroen says he trusts Vauxhall workers to improve their performance. -
The fine print behind the GM deal
via bbc.co.uk
The £1.9bn headline price suggests Peugeot sees significant value in GM - but the fine print shows something more. -
Is China retaliating against Lotte missile deal?
via bbc.co.uk
The South Korean giant appears to be suffering a backlash from customers and Chinese partners. -
Champions League: BT extends TV rights until 2021 in deal worth £1.2bn
via bbc.co.uk
BT Sport extends its TV rights for the Champions League and Europa League until 2021 in a deal worth £1.2bn. -
Scheme to combat rogue lettings agents under attack
via bbc.co.uk
Both landlords and tenants attack a government-approved scheme that was set up to protect them. -
'Cold-call your heroes'
via bbc.co.uk
Scott Collins, co-founder of MEATliquor restaurants, shares the business advice he wishes he had been given when he started out. -
Drugs disaster
via bbc.co.uk
Economic incentives have dangerously distorted the use of antibiotics in people and animals. -
Red hot
via bbc.co.uk
How a small Canadian firm used social media to help drive sales of its Instant Pot multi-function cooker. -
Budget 2017: The misplaced confidence of the British consumer
via bbc.co.uk
Over-confident consumers and under-confident corporations are on the mind of UK chancellor.
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