Investment Management
* One of the most closely watched indicators of the strength of the Chinese copper market has risen to the highest level on record, in a further sign that the country’s industrial economy is outperforming gloomy expectations. Chinese copper premiums – that is, the cost of physical copper over and above the benchmark futures prices […]
* Ornellaia is confirming its place among the biggest names in wine sales as it celebrates 25 years of production. * The Tuscan grower’s bottles are exceeding $2,000 a case as demand increases at auction. Buying interest in wines from Italy, Burgundy and California has picked up in recent months as demand eased from Asian […]
* India increased efforts to stem the rupee’s plunge and stop capital outflows that are pushing the economy towards its biggest crisis in more than two decades * The Reserve Bank of India, whose Governor Duvvuri Subbarao steps down next month, cut the amount local companies can invest overseas without seeking approval to 100 percent […]
* For two decades, Liu Yueping flew first class on China Southern Airlines Co. between Changsha and Shenzhen. This year, she took a bullet train and spent a fifth of the 2,000 yuan ($327) she would have paid to fly * Money wasn’t the issue. The 3 1/2-hour ride on the high- speed rail between […]
* Apple Inc. Chief Executive Officer Tim Cook unveiled one of the biggest dividend and buyback programs in corporate history earlier this year. It still wasn’t enough for some investors * Carl Icahn, the billionaire activist investor who has made a career of pushing companies to make changes to boost shares, yesterday said in a […]
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