Crude Futures Ease Back as Geopolitical Fears Fade

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Daniel Huang Oil futures inched lower Friday as markets calmed a bit following Thursday's tumultuous news out of Ukraine and Israel. Light sweet crude futures for August delivery fell 28 cents, or 0.3%, to $102.91 a barrel on the ...

Markets Unnerved by Plane Crash in Ukraine, Israeli Incursion in Gaza

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Josie Cox and Andrey Ostroukh A run-up in geopolitical stress surrounding Russia and Israel has jolted markets, but investors' search for safe assets is proving muted. Russian markets extended the week's losses Friday after Thursday's civilian passenger plane crash ...

Euro Zone's Current-Account Surplus Narrowed

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

FRANKFURT--The euro zone's current-account surplus narrowed in May, according to data published Friday by the European Central Bank. The current-account balance, a broad measure of an economy's international financial position, decreased in adjusted terms to a surplus of 19.5 billion ...

Early July Reuters/Mich Sentiment Falls to 81.3, Below Expectations

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Kathleen Madigan U.S. consumers began this month feeling more worried about the economy's future, according to one survey of households released Friday. The Thomson-Reuters/University of Michigan preliminary July sentiment index declined to 81.3 from a final-June reading of 82.5. ...

Investor and Altor Sell Stake in Debt Collector

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

STOCKHOLM--Sweden's Investor AB (INVE-B.SK) and private equity company Altor have agreed to sell the majority of Norwegian debt collector Lindorff for an enterprise value of 2.3 billion euros($3.11 billion). The buyer, Nordic Capital, will also pay a 200 million euro ...

China's Li Says Growth Lower than 7.5% Acceptable

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

BEIJING--Chinese Premier Li Keqiang said economic growth higher or lower than 7.5% is acceptable as long as the growth ensures there are enough jobs, the state-run Xinhua News Agency reported Thursday. Mr. Li's remark came after China reported a 7.4% ...

Bank of Italy Slashes 2014 Economic Growth Forecast -- Update

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Liam Moloney and Giovanni Legorano ROME--The Bank of Italy dealt another blow to hopes of a convincing recovery in the country this year as it slashed its economic growth forecast and warned of "downside risk." The Bank of Italy ...

UK Data to Show Expansion Continued in Second Quarter

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Jon Sindreu LONDON--The first official estimate of second-quarter growth Friday is set to show that the U.K. economy expanded for the sixth successive quarter, while minutes of the Bank of England's most recent policy meeting are expected to provide ...

EU Weighs Dramatically Raising Sanctions Against Russia

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Naftali Bendavid and Anton Troianovski European governments, jolted by the downing of a passenger plane over eastern Ukraine that killed nearly 300 people, are contemplating a major expansion of sanctions on Russia as early as next week. European Union ...

ECB Weidmann Says Won't Put Off Rate Rise Due to Public Finances

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

European Central Bank Governing Council member Jens Weidmann put euro-zone countries on notice, saying the ECB won't let considerations about public finances keep it from raising interest rates when this becomes necessary. The comments reflect concerns that euro-zone countries will ...

Brazil General Price Index Down 0.51% in June 21-July 20 Period

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Rogerio Jelmayer SAO PAULO--Brazil's general price index, known as the IGP-M, dropped 0.51% during the June 21-to-July 20 period, compared with a fall of 0.64% during the May 21-to-June 20 period, according to figures published Friday by the private ...

Oil Futures Ease Back as Geopolitical Fears Fade

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Daniel Huang Oil futures inched lower Friday as markets calmed and traders awaited new developments from Ukraine and the Middle East. Light sweet crude futures for August delivery slid 6 cents, or 0.1%, to $103.13 a barrel on the ...

Euro Zone's Current-Account Surplus Narrowed in May

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Todd Buell FRANKFURT--The euro zone's current-account surplus narrowed in May, according to data published Friday by the European Central Bank. The current-account balance, a broad measure of an economy's international financial position, decreased in adjusted terms to a surplus ...

China Government Bond Sale Falls Short of Target

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

SHANGHAI--China failed to sell all the government debt it had planned to Friday, in the second incomplete auction in just over a month as rising yields and signs of improving economic growth turn investors away from the safety of bond ...

Oil Holds Gains as Ukraine Situation Deteriorates

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Cassie Werber Crude oil futures traded higher in London Friday, having retraced some of the most recent losses as the uncertain situation in Ukraine came sharply back into focus. Oil benchmarks on both sides of the Atlantic were pushed ...

J.P. Morgan Awards CEO With Stock Options

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

J.P. Morgan Chase & Co. has awarded Chairman and Chief Executive James Dimon stock options for two million shares valued at about $36 million, according to a regulatory filing Thursday. The company said it awarded Mr. Dimon 2 million special ...

EU Weighs Dramatically Raising Sanctions Against Russia

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Naftali Bendavid and Anton Troianovski European governments, jolted by the downing of a passenger plane over eastern Ukraine that killed nearly 300 people, are contemplating a major expansion of sanctions on Russia as early as next week. European Union ...