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Oil giant BP announces its full-year profits are down by more than half, but it maintains its dividend for the quarter. read more >>> Source : BBC

The Reserve Bank of Australia came back from the summer holiday in the land down under and left the interest rate unchanged at 2%, as widely expected. While the recent market turmoil and worries about China may have added some easing bias, domestic indicators including the inflation mandate looked quite healthy. So what was in […]

LONDON (Reuters) – BP on Tuesday reported an annual loss of $6.5 billion (4.5 billion pounds) in 2015, its worst in at least 20 years as the British oil and gas company struggled with a sharp downturn in the oil market. Underlying replacement cost profit, BP’s definition of net income, for the fourth quarter of […]

SHANGHAI, Feb 2 (Reuters) – China stocks bounced more than 2 percent on Tuesday, led by small-caps, but some analysts said thin trading volume suggests the rebound could be short-lived. read more >>> Source : Reuters

BAKU, Feb 2 (Reuters) – Azerbaijan’s central bank said on Tuesday it had revoked the banking licence of medium-sized lender Texnikabank. read more >>> Source : Reuters

The Non-Farm Payrolls is the highlight of this week’s trading calendar. Here is the view from Bank of America Merrill Lynch: Here is their view, courtesy of eFXnews: Employment growth likely slowed in January with nonfarm payrolls rising by 170,000. This follows a robust 2015 finish, as jobs increased by an average of 284,000 in […]

LONDON, Feb 2 (Reuters) – Coffee shops, burger bars and clothes stores are among the foreign businesses in China that say they are thriving despite the economic slowdown that is hurting the manufacturing sector. read more >>> Source : Reuters

Shares in the Clydesdale Bank will not start trading on the London Stock Exchange on Tuesday, following its demerger. read more >>> Source : BBC

European airline easyJet has unveiled its plans for a zero emissions hydrogen fuel system. read more >>> Source : CNBC.Com

Asian stock markets were mostly lower Tuesday as the price of oil extended losses following a 6-per cent plunge that was sparked by data showing a manufacturing slowdown in the world’s two largest economies. read more >>> Source : CTVNews.Ca

The rupee which had risen to 67.77 per dollar, fell to the days low of 67.9750 after the policy as delaers read the RBI statement as being more hawkish. read more >>> Source : EconomicTimes.IndiaTimes.Com

* Drop in oil prices keeps risk appetite in check (Updates prices, adds comments) read more >>> Source : Reuters

BEIJING, Feb 2 (Reuters) – China Development Bank (CDB) plans to lend 950 billion yuan ($144.4 billion) to fund the rebuilding of shanty towns in 2016, up from 750.9 billion yuan last year, the official Financial News reported on Tuesday, citing the bank’s chairman. read more >>> Source : Reuters

Standard & Poor’s lowered the credit rating of BHP and put it on negative watch due challenging market conditions for commodities. read more >>> Source : CNBC.Com

Offshore wind investments in Europe doubled in 2015, according to new data from the European Wind Energy Association. read more >>> Source : CNBC.Com

SHANGHAI, Feb 2 (Reuters) – China stocks bounced more than 2 percent on Tuesday, led by small-caps, but some analysts say the accompanying thin trading volume suggest the technical rebound could be short-lived. read more >>> Source : Reuters

America’s most expensive weapons system ever just hit another snag. The F-35 Lighting II, Lockheed Martin’s fifth-generation fighter jet, is expected to miss a crucial deadline for successfully deploying its sixth and final software release — referred to as Block 3F. Block 3F is part of the 8 million lines of sophisticated software code that […]

The domestic currency had closed 6 paise lower at 67.84 against the greenback in the previous session. read more >>> Source : EconomicTimes.IndiaTimes.Com

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_02022016.pdf FACTORS TO WATCH 10:00 am: Finance Minister Arun Jaitley to deliver… read more >>> Source : Reuters

BEIJING, Feb 2 (Reuters) – China’s top economic planner said on Tuesday that it had given the green light to a railway project in the southeastern province of Fujian, the latest slew of infrastructure approvals as Beijing looks to avert a sharp slowdown in the economy. read more >>> Source : Reuters

All the recent buzz around the Powerball Lottery Jackpot of 1.6 billion dollars got me to thinking… Many people I spoke with in the last few weeks while doing my day to day activities were more than happy to share what they would do if they won the lottery. A technician at my doctors’ office […]

The U.S. House of Representatives on Monday passed the Electrify Africa Act, after nearly two years of trying to get the measure through both chambers of Congress. It now goes to President Barack Obama for his signature. The bill will provide a framework for a major public-private partnership between the United States and sub-Saharan African […]

Oil fell on Tuesday as worries about China and rising oil supply weighed on markets, although possible talks on production cuts offered some support. read more >>> Source : CNBC.Com

Stocks in Asia are trading largely lower on Tuesday following a lacklustre lead from the US overnight and as oil prices fall again. read more >>> Source : BBC

A company that was proposing to expand the size of a rail facility to double the number of trains it can load with Alberta oil has shelved the project. read more >>> Source : CTVNews.Ca

By Jeffrey Dastin NEW YORK (Reuters) – Travel insurance sales for trips to Latin America have surged as vacationers consider scrapping their plans to avoid the rapidly spreading Zika virus, one of the top U.S. providers, RoamRight, told Reuters on Monday. The Maryland-based company, part of insurer Arch Capital Group Ltd , said revenue jumped […]

* Hedge funds use options to wager on eventual yuan devaluation read more >>> Source : Reuters

Premier League football clubs have spent a record £1bn on transfer fees this season – the deadline for January transfers ended at 11pm on Monday. read more >>> Source : BBC

Google isn’t blowing that much money on projects like self-driving cars after all — less than 10% of its capital expenditures in 2015 were for forward-looking products outside its core. This came out in fourth-quarter earnings for Google’s parent company, Alphabet. This was the first time Alphabet broke numbers out for the core “Google,” which […]

SAO PAULO, Feb 1 (Reuters) – Canada’s Brookfield Asset Management Inc has withdrawn an offer to buy the 24.4 percent stake in infrastructure company Invepar held by Brazil’s Grupo OAS SA, the Canadian firm said on Monday. read more >>> Source : Reuters

Bilateral trade between North Korea and China fell nearly 15 percent last year in what appeared to be a reflection of a troubled relationship between the two countries, South Korea’s state-run policy research institute said Sunday. Trade between the two countries from January to November 2015 was worth $4.9 billion, down from $5.76 billion in […]

High drug prices have been big news lately. Some of this has been due to straight out price gouging by the likes of Martin Shkreli, everyone’s favorite young punk hedge fund tycoon and potential convict. However the more common problem stems from the exorbitant price charged for important new drugs like the Hepatitis C drug […]

One former manager who lost his job at Yahoo is challenging a quarterly employee ranking system, the NYT reports. read more >>> Source : CNBC.Com

The falling price of a barrel of oil has made headline news around the world as demand fails to match supply. But have we been here before? read more >>> Source : BBC

NEW YORK, Feb 1 (Reuters) – Alphabet Inc surpassed Apple Inc as the most valuable company in the United States in after-hours trading on Monday, knocking the iPhone maker from the top spot that it has held for the better part of four years. read more >>> Source : Reuters

BEIJING — The coming crash of the Chinese economy has reemerged as a popular view in the global media. The reason for such a prediction this time is the persistent deceleration of China’s growth after 2010. The growth rate dropped from 10.6 percent in 2010 to 7.3 percent in 2014 and further down to 6.9 […]

* U.S. crude futures extend overnight fall on oversupply fears read more >>> Source : Reuters

After oil’s slide continued Monday, “Fast Money” traders debated whether energy companies would see relief any time soon. read more >>> Source : CNBC.Com

BT GROUP rang up a 24 per cent rise in quarterly profit to £862million after its best revenue growth in seven years. read more >>> Source : The Daily Express

European countries are the top destinations for people thinking of developing their career abroad, a survey from HSBC has found. read more >>> Source : CNBC.Com

Do you live in a happy state? See where your state lands on Gallup’s index that measures the well-being of residents. read more >>> Source : Realtor.org

Even among real estate investment trusts, QTS Realty Trust is not the fastest-growing company. The data-center provider has pretty decent profit and sales growth (24% three-year sales growth rate), although it’s not among the highest in property REITs. But the steady nature of the business appeals to many investors. QTS (QTS) operates 25 wholly owned […]

What’s the culture of your organization? Is it an environment where things get done on time, every time? Or are deadlines more flexible? Do you believe in having fun, or is it more serious? Every organization has a culture, so does every family. Usually, culture is the unspoken beliefs about how things work around here. […]

Dallas Mavericks owner Mark Cuban on Monday discussed the 2016 Republican presidential race and the success of front-runner Donald Trump. During a Fox News interview the day of the Iowa caucuses, anchor Neil Cavuto pressed Cuban on Trump’s lack of specifics. Cuban argued that none of the candidates in the race had realistic campaign promises. […]

SYDNEY, Feb 2 (Reuters) – The Australian markets watchdog said on Tuesday that German construction firm Hochtief AG has admitted to contravening insider trading rules in relation to an on-market purchase of shares of Leighton Holdings in 2014. read more >>> Source : Reuters