Industry
BlueCrest's BlueTrend hedge fund suffers 16.9% fall
BlueCrest Capital Management's BlueTrend hedge fund slumped by 16.9% that was expected to reflect a US$2.7 billion loss in the main fund.
ECB lowers interest rates, businesses grow
Global shares increased as the ECB lowered interest rates. (Photo : Reuters)This is the logo of the European Central Bank. The European Central Bank made it easier for private equity firms and ventures to invest in the region as it lowered its refinancing interest rate.
Study by Standard & Poor's finds corporate debt owners
A study conducted by S&P found that BBB- and higher investment grade companies own majority of debt.
Carney Risks Disappointment as Bank of England Resists More Quantitative Easing
The Monetary Policy Committee would keep the quantitative easing and benchmark interest rate unaltered as the new governor tries to drive UK away from financial problems.