Stock markets in Europe and futures in the US increased. Current CEO of insurer Aviva John McFarlane to be the new chairman of FirstGroup. Chevron’s largest project in China might face further delays amid new disagreements with its partner PetroChina. The Supreme Court demanded a probe versus PcW.
Adecco with awards for corporate social responsibility. GM reported weaker sales in Japan. Tesco reported lower sales in Q3 in its main UK market. The last World Trade Organization held in Bali, Indonesia failed to approve its initial target points.
China’s government bond treasury futures declined today. Oil prices might be influenced by Iranian settlement. Honda Motor introduced its new concept SUV at the 2013 Auto Guangzhou motor show. The legal case between antivirus software developer Qihoo 360 and Tencent continues.
China’s major price watchdog will urge six industries to cut their constantly increasing prices. Today the Indian rupee gained 37 paise to 62.50 versus the dollar. Benchmark Brent crude might reach $105 this week
The Indian rupee decreased by seven paise this morning to 63 versus the US dollar. Microsoft launched its new gaming console the Xbox One today. BTTChina with $60 million daily transactions. Venezuelan President Nicolas Maduro announced new emergency measures that would limit business profit margins and tighten regulations of imports.
Japanese carmakers were badly influenced due to the dispute over the Senkaku Islands that caused bad feelings in consumers in China. Germany’s flash composite output index increased to 54.3. Apple with new buyback campaign for its iPhone in India. Swiss Re reported that has started the procedure on the acquisition of 4.9% stake in New China Life Insurance Co.
Alibaba to invest in new e-commerce platform. Investor Carl Icahn with pessimistic forecast about the stock market. Starbucks expanding on the Indian market.
Boeing reported 259 orders for its new model 777X. US banks have improved and bank lending has stabilised. Lloyds Banking Group announced the sale of its fund management body Scottish Windows Investment Partnership. Bitcoin reached a record peak.
EU ministers for a new financial regulatory body. France sold 4.7% in of its stake in Sofran. Berkshire Hathaway with 40 million shares of Exxon.
The Communist Party of China made it clear that the government is willing to introduce more comprehensive and deeper reforms. Indian mobile market has increased significantly in October. Dan Akerson, CEO of General Motors might step down in 2014. France and Germany’s recover slowed down in Q3.