Why JPMorgan Sees September Liftoff But Cut Bond Yield Forecasts

JPMorgan Chase & Co. is cutting Treasury yield forecasts even as it stands by its call for a first Federal Reserve interest rate rise in September.

Exxon owed $1.6bn by Venezuela for 2007 nationalisation

Venezuela must pay oil giant Exxon Mobil $1.6bn (£1bn) in compensation for expropriated assets, an international arbitration tribunal has decided. Exxon had claimed up to $16.6bn over the nationalisation of its Cerro Negro Project and other losses in 2007.

Apple keeps customers happy – and paying a little more each year

Does the wisdom of crowds apply to Apple? Because there is a large crowd of people who hate it. But usually with American companies that make huge amounts of money – such as mobile carriers or TV companies – the hatred comes from their own customers.

Japan firms see bigger spending, outlook mixed: BOJ tankan

(Reuters) - Major Japanese companies plan to increase spending more than expected this year, Bank of Japan's "tankan" survey showed, adding to signs the country's economic recovery will get back on track after an expected slip in the second quarter.

Justin King insists Sainsbury's will not go the way of Tesco when he departs

Sainsbury's outgoing chief executive Justin King has insisted the supermarket will not unravel when he leaves – as Tesco did after Sir Terry Leahy's departure – despite revealing a second consecutive quarter of falling sales.

U.S. factory data upbeat, euro zone business stays strong

(Reuters) - U.S. manufacturing growth picked up to a three-month high in May, while private business activity in the euro zone grew at just under its fastest pace in three years, surveys showed on Thursday.

Tesco market share shrinks to lowest level in almost a decade

Tesco's share of the UK grocery market has shrunk to its lowest level in almost a decade as British shoppers defected to German discount chains Aldi and Lidl to save money.

H&M to open first store in India in a bid catch up with rival Inditex

H&M will open its first store in India this year as the world’s second-biggest fashion retailer becomes the latest to take advantage of the opening of its economy to foreign operators.

Greggs slows sales decline as it battles to win back customers

The bakery chain Greggs has reported a modest decline in sales, as the company battles to win back customers to its hot pies and sausage rolls.

Airlines promise a return to civility, for a fee

NEW YORK: Airlines are introducing a new bevy of fees, but this time passengers might actually like them. Unlike the first generation of charges which dinged fliers for once-free services like checking a bag, these new fees promise a taste of the good life, or at least a more civil flight.

Pay up or dry up - Egyptian gas at a crossroads

LONDON (Reuters) - An offshore gas find in the Nile Delta is strong new evidence that Egypt has the resources to end power cuts and get export income flowing again. Its challenge is to persuade wary international oil companies to develop them.

Will Financial Regulation Trash Global Economic Security?

Alexander Mirtchev, Contributor

 Under the auspices of the Financial Stability Board, more than 30 recommendations have been set out as part of a massive and far-reaching G-20 financial regulatory reform package to ostensibly minimize risk in the financial system and maximize consumer protection.

China's economic slowdown takes toll on US companies

NEW YORK: It's official. China's slowdown is starting to hurt corporate America. As the world's second-largest economy - and still growing - China is seen as a primary source of revenue growth by the largest U.S. companies.

Severn Trent rejects third takeover proposal from LongRiver consortium

Severn Trent took just a few hours on Friday evening to reject a third, improved takeover proposal from a consortium of determined financial investors seeking to take the FTSE 100 water firm private in a £5.3bn deal.

Cloudy outlook makes Canadian companies shy of investment

OTTAWA (Reuters) - Canadian businesses see a challenging year ahead after surviving the weakest two quarters of growth since the 2008-09 recession, and they expect only modest sales growth, cautious investment, and tame inflation, a Bank of Canada poll showed on Monday.

Investing in the Emerging-Market Consumer

With much of the eurozone mired in a recession and the recovery in the United States progressing at an almost glacial pace, it's not surprising that investors are increasingly turning to emerging markets to augment portfolio returns.

Broken banking system is keeping growth at bay

Last weekend's election results in France and Greece, we're told, show that eurozone voters want "growth, not austerity".