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Halliburton and Baker Hughes Call Off $35 Billion Merger

The companies cited difficulties in obtaining approval from regulators as well as sharply lower energy prices.

from NYT > DealBook http://ift.tt/1TprSpU


Iran's Nuclear Chief Visits Prague to Talk Business - ABC News

Iran’s Nuclear Chief Visits Prague to Talk Business
ABC News
The sanctions lifted, the head of Iran’s nuclear program is coming to talk business with Czech leaders. 38 more words


China clamps down on shadow banking

Chinese banks have disguised risky loans as investment products

from Financials http://ift.tt/1Ni4Qoc

Finance News

Here's How Goldman Sachs Plans to Go After the Global Not-So-Rich

Goldman Sachs Group, the banking gold standard for the world’s elite, sees a future in less prosperous investors.

A creative strategy taking shape inside the bank calls for it to partner with small brokerages and wealth management firms to lend money to their clients, many of whom have far less wealth than what’s in the typical Goldman private bank account. 832 more words


Polish Manufacturing Gauge Has Second-Largest Drop Since 2008

A gauge tracking Polands manufacturing industry had its second-biggest one-month decline since the global financial crisis in late 2008, marking an abrupt loss of momentum at the start of the second quarter, according to Markit Economics. 9 more words