Section: Business Insider (USA)
Sir Martin Sorrell Tells Us Why He Sees ‘So Many Potential Sarajevos’ (WPPGY)
Sir Martin Sorrell founded WPP in 1986 with a loan on his shares in the advertising agency he was with at the time, Saatchi & Saatchi. He used that loan to buy a small company that makes baskets and shopping trolleys: Wire and Plastic Products. Almost 30 years on, WPP is the world’s biggest global advertising network, last week...
Ukraine rebel leader sworn in as head of separatist ‘republic’
Donetsk (Ukraine) (AFP) – Ukraine rebel leader Alexander Zakharchenko was sworn in Tuesday as head of the self-declared Donetsk People’s Republic after claiming a crushing victory at weekend separatist polls rejected by Kiev. “I swear to serve the people of the Donetsk People’s Republic,” Zakharchenko said at a...
Ukraine leaders meet to ‘re-examine’ peace plan
Kiev (AFP) – Ukrainian President Petro Poroshenko was to meet security chiefs Tuesday to “re-examine” an already teetering peace accord with pro-Russian separatists after they defiantly staged elections banned by Kiev.The elections of leaders in two unrecognised statelets in eastern Ukraine were backed by Russia but condemned...
France Just Fired The Guy In Charge Of Selling Warships To Russia
On Christmas Eve 2010, then-Russian President Dmitry Medvedev called his French counterpart Nicholas Sarkozy with some big news: Russia was prepared to purchase two Mistral class helicopter carriers from France for a total of €1.2 billion ($1.5 billion). Almost four years later, the first of these ships, the Vladivostok, sits idle in the port of...
This Is Facebook’s New Plan For Europe (FB)
One of the most important parts of Facebook’s business has always been the way it works with software developers, helping them build apps and programs using the site’s features. The “Facebook Platform”, as it’s known, is often regarded as the nuts-and-bolts operation that sits behind the Facebook that everyone knows...
Here Are The ‘Complex’ Russian Air Incursions That NATO Is So Concerned About
Tensions between Russia and the West have been steadily growing over the past few months, as there has been a sharp uptick in Russian bombers and fighters flying missions over Europe. This increase in activity has taken place against the backdrop of a frozen conflict in Ukraine, which has already pitted Russia and the West against each other....
Joe Biden Corrects Himself After Saying Russia ‘Invaded’ Ukraine
Vice President Joe Biden appeared to accidentally deviate from the White House’s official line on Russia’s annexation of territory in Ukraine by actually calling it an invasion during a Monday morning interview on CNN. Speaking on CNN, Biden listed overseas crises like the Ebola virus that he claimed the US government had dealt with...
What Are Traders Chatting About Right Now? The Tailwinds…
JonesTrading’s Dave Lutz has this morning’s buzz: Good Morning! US Futures are off small, giving back 15bp of Friday’s rally higher. We will see how long that lasts, as multiple tailwinds are blowing: The $/¥ has gone vertical thru 113, Nikkei futures up 5% from Friday’s close (They have Holiday today); Heavy M&A...
10 Things You Need To Know Before The Opening Bell
Good morning! Here are 10 of the biggest stories you need to know before US markets open. Angela Merkel Hit Out At David Cameron. The German chancellor has signaled to the British prime minister that renegotiation of the European Union’s freedom of movement is not on the table. The Eurozone’s Manufacturers Reported Weak Growth. The...
Russia Is Doubling Down On Its Disastrous Ukraine Adventure
The Russian government has officially recognised elections in rebel-held Donetsk and Luhansk regions in eastern Ukraine despite UN warnings that they violate the peace agreement in the country. Russia also looks like it is beginning another military buildup on the Ukraine border. While the votes are pro-Russian, they could also become a huge...
