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MILLIONS of HSBC customers are suffering yet more disruption after being blocked from accessing their accounts again this morning. read more >>> Source : The Daily Express

Today, if the S&P 500 doesn’t have its best day in four years, the so-called Santa Claus rally predicts gloom ahead. If that seems too fanciful, consider that stock markets do poorly in the eighth year of a U.S. presidency. read more >>> Source : CBC.Ca

Euro-zone inflation remains depressed, but this isn’t a huge surprise after Germany’s numbers. It seems that this kind of disappointment was already priced in. Prices rose 0.2% y/y and core inflation remains at 0.9%. EUR/USD wobbles on low ground, trading around 1.0780. Update: the pair is now extending its falls below 1.0770. At the same […]

** Bunzl, which supplies supermarkets, hospital and hotels with products ranging from carrier bags to toilet rolls, up 2.4 pct & 2nd top FTSE-100 gainer read more >>> Source : Reuters

French telecoms operators Orange and Bouygues are in talks over a possible merger, they confirm. read more >>> Source : BBC

Natixis oil and gas analyst, Abhishek Deshpande explains how Saudi Arabia’s tensions could add a risk premium to oil. read more >>> Source : CNBC.Com

LONDON, Jan 5 (Reuters) – World stocks inched up from 2-1/2-month lows on Tuesday as China pumped in an estimated $20 billion to stabilise its equity and currency markets, which recorded the worst… read more >>> Source : Reuters

Faraday Future, the once-mysterious Chinese-backed electric-car company, unveiled its first vehicle concept at an event in Las Vegas Monday evening. And it came in the form of an all-electric supercar called the FFZERO1. The futuristic model marks the beginning of Faraday Future’s quest to “Change mobility the way Apple changed the cell phone,” FF research […]

Saudi Aramco has raised its February price for its Arab Light grade for Asian customers by $0.60 a barrel versus January to a discount of $0.80 a barrel to the Oman/Dubai average. read more >>> Source : CNBC.Com

The FTSE 100 rises 1% in early trade, recovering some of the ground lost on Monday amid the global share rout. read more >>> Source : BBC

The Financial Conduct Authority quietly stopped pursuing any formal action into reviewing whether HSBC’s Swiss private banking arm allegedly helped wealthy clients dodge tax between 2006 and 2007 months ago. The news will undoubtedly piss off a lot of politicians and the public. Why? — because this is the latest in a line of moves […]

Group controlled by China’ s richest man is in talks to buy Legendary Entertainment, the company behind ‘Straight Outta Compton,’ the FT reports. read more >>> Source : CNBC.Com

* BOC Aviation reported record profit in H1 2015 (Adds analyst quotes, IPO milestone, industry details) read more >>> Source : Reuters

It turns out that thanks to a glut of crude, even tension between two big oil-producing countries isn’t enough to drive prices higher. read more >>> Source : CTVNews.Ca

Prelude Excerpt from: On October 15th, 2002 — over 13 years ago — AT&T filed a Petition with the FCC to investigate the “special access” services that are controlled by the “Bell” companies, now AT&T, Verizon and Centurylink. The above quote supplies two of the section headings from the Petition’s Table of Contents. I’ll get […]

The Chinese government is buying up shares to prop up its stock markets, repeating a tactic used during last year’s meltdown. The so-called “National Team” is injecting cash into the market after Monday’s 7% crash, according to a report by Bloomberg News. The government is also preparing to extend a ban on short selling – […]

Retailer Next blames the warm weather in November and December for a “disappointing” trading performance in the run-up to Christmas. read more >>> Source : BBC

Jan 5 (Reuters) – Motoring group AA Plc said it had launched a connected-car joint venture which would allow it to provide faster roadside assistance by pre-empting and diagnosing breakdowns. read more >>> Source : Reuters