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Better earnings provide support for European shares, led by Daimler
... * FTSEurofirst 300 up 0.2 percent. * Daimler boosted by Mercedes sales boost. * AkzoNobel, Capita and Telenor all rise after results.
European Stocks Rise As Ukraine Rebels Hand Over Black Box  RTT News
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Sullivan & Cromwell Has 'Unusual' CIT Deal Role: Business of Law
Three mergers and acquisitions powerhouses -- Cleary Gottlieb Steen & Hamilton LLP, Wachtell, Lipton, Rosen & Katz and Sullivan & Cromwell LLP -- worked on CIT Group Inc. (CIT:US)'s proposed $3.4 billion acquisition of OneWest Bank parent IMB Holdco ...
CIT Group to buy Pasadena lender OneWest Bank  Los Angeles Times
2 Banks Forged in Crisis, CIT and OneWest, Are Set to Merge, to a Big Payoff  New York Times
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SEC poised to end $1 a share for some money funds
FILE- In this Dec. 17, 2008 file photo, the Securities and Exchange Commission (SEC) headquarters in Washington is shown. Regulators are expected to vote Wednesday July 23, 2014 to end a longtime staple of the investment industry _ the fixed $1 share ...
SEC to adopt money fund regulations  Seeking Alpha
SEC to Vote on Controversial Money-Market Fund Overhaul  Wall Street Journal (blog)
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British Airways Defies Safety Agency as Tel Aviv Trips Continue
British Airways (IAG) said flights to Tel Aviv will continue as planned, defying a European Aviation Safety Agency recommendation that services to the Israeli city should be suspended following rocket attacks there.
FAA tells US airlines that all flights to Tel Aviv airport prohibited for 24 ...  Fox News
John Kerry defies FAA ban, flies into Israel to push for cease-fire  CBS News
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Daimler's Mercedes Widens Margin as Sedans Help Chase BMW
Daimler AG (DAI), the world's third-largest maker of luxury vehicles, said second-quarter profit rose 12 percent as the top-of-the-line Mercedes-Benz S-Class sedan's sales doubled and the company scaled back spending.
UPDATE 2-Daimler second-quarter profit boosted by new models  Reuters
Daimler Second-Quarter Profit Rises  Wall Street Journal
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BOE's MPC has no "preset timing" for rate move
LONDON--Bank of England policy makers have no "preset timing" for a first rise in their benchmark interest rate when they met in July, and still see arguments for and against an early move.
Bank of England still wary over raising rates  BBC News
Weak wage growth splits Bank of England rate setters  Telegraph.co.uk
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China's second-half rally becomes an annual event
�Sell in May and go away� has long been a popular - if overused - mantra for equity market investors in the western world. But China works to a different calendar, one where the lunar new year often marks the start of a sell-off, while the third quarter presents ...
Hong Kong stocks close at fresh high of the year  MarketWatch
Hong Kong H-share index soars to highest close in 2014  Reuters
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Airports in east China face delays due to military exercises
BEIJING, July 23 (Reuters) - Flights to and from Shanghai International Airport Co Ltd and 11 other airports in east China are facing major delays until mid-August due to military exercises, according to an official micro blog.
China warns of major airport delays  The Guardian
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Australian banks cut fixed mortgage rates as RBA seen on hold
... * CBA cuts 5-year fixed home loans to lowest ever. * NAB cuts home loan rates to lowest in 20 years. * Move driven by falling funding costs for banks.
On a fair dinkum comparison, these rates are low  The Age
CBA sparks fixed rate loan war  Brisbane Times
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Comcast 2Q Earnings Top Views on Internet Hookups
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
Comcast earns $2b billion on strength in cable business  Boston Globe
Comcast Lost 144000 Cable Subscribers Last Quarter. And They're Psyched ...  Slate Magazine (blog)
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