Finance news

• Putin, citing national security, signs Turkey sanctions decree

  28-11-2015 21:23 via news.yahoo.com
  
  By Andrew Osborn and Polina Devitt MOSCOW (Reuters) - President Vladimir Putin signed a decree imposing a raft of punitive economic sanctions against Turkey on Saturday, underlining the depth of the Kremlin's anger toward Ankara four days after Turkey shot down a Russian warplane. The decree, which entered into force immediately, said charter flights from Russia to Turkey would be banned, that tour firms would be told not to sell any holidays there, and that unspecified Turkish imports would be
  
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• Putin approves economic retaliation measures against Turkey

  28-11-2015 20:37 via news.yahoo.com
  
  Russian President Vladimir Putin signed a decree imposing economic sanctions against Turkey on Saturday, four days after Turkey shot down a Russian warplane near the Syrian-Turkish border. The decree, posted on the Kremlin's web site, said a ban on charter flights from Russia to Turkey would be introduced, that Russian tour operators should stop selling trips to Turkey, and that imports of some Turkish products would be halted. It also said the operations of Turkish companies in Russia and the e
  
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• Sanctions only deepen Russia-Turkish problem: Turkish official

  28-11-2015 20:36 via news.yahoo.com
  
  ANKARA (Reuters) - Sanctions like those Russia imposed on Turkey only serve to deepen the problem between them, a senior Turkish official told Reuters on Saturday after President Vladimir Putin ordered further economic retaliation for Turkey downing a Russian jet. "Sanctions like this would only damage relations. These steps do not make anything easier, but deepen the problem," the official said. (Reporting by Orhan Coskun, writing by Dasha Afanasieva and Humeyra Pamuk; editing by Susan Thomas)
  
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• Global Trade Won't Solve the Food Shortages Brought on by Climate Change

  28-11-2015 17:07 via news.yahoo.com
  
  Numerous studies have made two things very clear about the future of agriculture as the climate continues to change: The effects are going to be bad, and disproportionately so for certain parts of the world that happen to be the poorest. In a globalized world economy, you might expect that trade with a country expected to see relatively small drops in yields, like the United States, could bail out a country like Malawi, which could lose more than 50 percent of ag productivity, according to the I
  
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• Spain's Rajoy vows to cut tax, create jobs if re-elected

  28-11-2015 15:03 via news.yahoo.com
  
  Spain's ruling party will cut income tax and create two million jobs over the next four years if re-elected next month, center-right Prime Minister Mariano Rajoy told a campaign rally on Saturday. Rajoy's People's Party (PP) is expected to win a Dec. 20 election but without securing a parliamentary majority. "Spain is in no position to experiment," Rajoy said in a swipe at the leaders of leftist Podemos, market-friendly Ciudadanos, and the main opposition Socialist party, none of whom have previ
  
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• Holiday shopping unlikely to cheer many investors

  28-11-2015 02:12
  
  SAN FRANCISCO (Reuters) - The holiday shopping rush that kicked off on Friday is unlikely to bring much cheer to investors looking for a revival in retail stocks.
  
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• Stock funds attract $2.9 bln in latest week: Lipper

  28-11-2015 00:12
  NEW YORK (Reuters) - Investors in exchange-traded funds added nearly $7.7 billion to U.S.-based stock funds during the week ended Nov. 25, data from Thomson Reuters' Lipper service showed Friday,...
  
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• Murdoch: Tribune papers likely to be sold, LA Times split off

  28-11-2015 00:10 via news.yahoo.com
  
  Rupert Murdoch, co-chairman of Wall Street Journal publisher News Corp , on Friday said he had "strong word" that the Tribune Publishing Co's newspaper group will be bought by a Wall Street firm, while the Los Angeles Times will be split off and purchased by local investors including philanthropist Eli Broad. Murdoch, who is also co-chairman of 21st Century Fox , the entertainment and broadcast group, made his comments on Twitter. In September Tribune's board said the Los Angeles Times and San D
  
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