US Morning Headlines: Sony issues profit warning, Google ‘outraged’ by lat...

 
 
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Thursday October 31 2013
 
 
US homepage
 
Sony issues profit warning
 
Japanese consumer giant slashes its full-year net profit forecast by 40% to Y30bn after latest quarter shows deepening loss
 
 
 
Google 'outraged' by latest NSA claims
 
 
Batista seeks OGX bankruptcy protection
 
 
SoftBank closes in on NTT for top spot
 
 
China's Craigslist to test US IPO waters
 
 
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Why Volkswagen is still cheap
 

Volkswagen shares are up 5 per cent after better than expected third-quarter numbers, but the German volume carmaker's shares remain cheap. Lex's Oliver Ralph and Nikki Tait explain why.

 
Markets
 
Less-dovish Fed weighs on stocks
 
Market weakness stemming from perceptions that the US Fed was less dovish than anticipated
 
 
 
Money mirage exposes emerging markets
 
 
EM investors shun state-controlled stocks
 
 
Earnings leave Europe stocks under pressure
 
 
CFTC backs contentious MF Global measure
 
World News
 
IMF warns of Africa financial shock risk
 
Twice yearly review of the region comes as African frontier markets like Nigeria and Kenya fret about the side-effects of tighter monetary policy in the US
 
 
 
BoJ holds steady on easing policy
 
 
Fed stays the course on bond buying
 
 
Serbia champions new pro-EU strongman
 
 
Taiwan growth stalls as exports falter
 
US news
 
US Treasury attacks Germany over surplus
 
Decision to call out Germany directly in the report highlights deep frustration with the eurozone's largest economy among international policy makers
 
 
 
Congress stands divided on NSA reform
 
 
Fiat profit scare puts focus on Chrysler
 
 
Obamacare critics given new line of attack
 
 
US bill rolls back Dodd-Frank on swaps
 
US & Canadian companies
 
BNP Paribas Q3 hit by weak debt trading
 
Subdued markets and a move towards central clearing have contributed to prompting many banks to rethink entirely how they run their debt trading
 
 
 
It's not all child's play for Facebook
 
 
BofA doubles legal cost estimates to $5bn
 
 
Intel eyes web TV disposal to Verizon
 
 
Facebook: mobile ad revolution
 
 
 
 
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