10 Most Popular Graduate Employers In Malaysia

SHARON TANG

 NOV. 14, 2014

Banking and financial services firms as well as accounting companies topped this year’s ranking of Malaysia’s 100 Leading Graduate Employers.

Lenders Maybank and CIMB Group, and Malaysia’s central bank took three out of the top 10 spots, while Ernst & Young and PricewaterhouseCoopers claimed two.

It was quite a tumble for PricewaterhouseCoopers — the accounting firm fell from the number one spot last year to number 8.

Meanwhile, beleaguered Malaysia Airlines, despite its turmoil, also made it into the top 10, climbing four spots from 13th last year to number 9.

The ranking was compiled from a survey of over 14,000 university students.

Here’s a look at the top ten.

The 10 Most Important Things In The World Right Now

 

JIM EDWARDs

NOV. 14, 2014, 

Rob Libetti/Business Insider

Another successful IPO.

Here’s what your planet looks like this morning:

1. Growth has come to a halt in Germany. GDP there grew just 0.1%.That’s pathetic. Europe’s economic powerhouse has run out of steam, it seems.

2. Richard Branson just made another £70 million. The IPO of challenger bank Virgin Money raised £1.25 billion overall.

3. Asian markets are up. Japan’s Nikkei climbed again, closing up 0.56%. Hong Kong’s Hang Seng is also currently up 0.13% just ahead of the close.

4. David Cameron is warning of more sanctions on Russia.Russia could face further sanctions if it does not commit to resolving the conflict in Ukraine, British Prime Minister David Cameron said Friday, as he called Moscow’s actions “unacceptable”.

5. The heirs to the Samsung fortune are cashing in on their stakes as succession looms. An IPO for a unit of Samsung put a value of 5.6 trillion won ($5.09 billion) on shares held by the Samsung Group’s three heirs.

6. The US used spy planes to suck up data from citizens mobile phones. Everyone was targeted, the Wall Street Journal reports. Basically, the tin-foil hat people turned out to be right.

7. The Islamic State has announced it will mint its own currency. And yes, they’ve basically chosen a variation on the gold standard. “The highest-denominated 5 dinar coin is set to contain 21.25 grams of 21 carat gold, worth about $694,” The Financial Times reports. “The purchasing power of the money they’re emitting will be wholly dependent on what the purchasing power of gold, silver and copper are,” a professor of economics at Johns Hopkins University told the FT.

8. People who leave Britain to go fight for Islamic State will be banned from coming back. PM David Cameron proposed the new law in a speech in Australia last night.

9. The market cap of Apple is now bigger than the entire Russian stock market. Bloomberg reports: “If you owned Apple Inc., and sold it, you could purchase the entire stock market of Russia, and still have enough change to buy every Russian an iPhone 6 Plus.”

10. S&P gave a “junk” rating to Twitter’s debt and its stock price dropped 5%. The ratings agency didn’t like the company’s cashflow. Twitter, naturally, disagrees.

And finally …

It doesn’t look good for AC/DC. The rock band’s drummer was behaving erratically even before he was charged with threatening to kill someone, the band says. Bass player Cliff Williams told The Guardian, “We had a few issues before with him, even when we were recording it was hard even to get to him to do the recording … And then he was supposed to show up to do promos with us, to do video shoots and a few shoots and a few other things, and he never showed up for that either. So, at this stage, it’s a pretty tough call for us.”

The 10 Most Important Things In The World Right Now

DINA SPECTOR

 NOV. 13, 2014

REUTERS/Jacques Brinon/Pool

French National Centre for Space Studies (CNES) president Jean-Yves Le Gall (L) French President Francois Hollande (C) and former French astronaut Claudie Haignere wear 3D glasses during a visit at the Cite des Sciences at La Villette in Paris as they follow the successful landing of the Philae lander on comet 67P/ Churyumov-Gerasimenko, November 12, 2014.

Good morning! Here’s what you need to know for Tuesday.

1. Five major banks, including HSBC, UBS, and JPMorgan Chase, were hit will $3.4 billion in fines for failing to stop bankers from trying to manipulate the foreign exchange market.

2. Authorities also released transcripts as evidence of unacceptable trader behaviour. 

3. Australia is monitoring four Russian warships that are nearing its waters. 

4. The European Space Agency landed a probe, the Philae lander, on a comet for the first time in history.

5. Scientists are now waiting for more information from the probe and praying that it doesn’t bounce off the surface after a harpoon intended to stake the lander into the ground failed to fire.

6. By 2030, China has pledged to cap carbon dioxide emissions and make 20% of energy renewable, although experts say the measures don’t go far enough and it’s not clear how the country plans to achieve these goals, The New York Times reports. 

7. Russia said its airforce will begin conducting air patrols from the Arctic Ocean to the Caribbean and the Gulf of Mexico for the first time since the end of the Cold War.

8. The pilot who survived last month’s Virgin Galactic disaster has told investigators how he managed to survive.

9. Hasbro is reportedly in talks to buy DreamWork Animation.

10. Taylor Swift reports she earned $2 million from streaming her songs on Spotify over the last year, significantly less than the $6 million Spotify CEO Daniel Ek claimed top artists would pull in over the next year.

And finally …

Former US presidents George W. Bush and Bill Clinton had a funny exchange on Twitter and Instagram.

10 Things You Need To Know Before European Markets Open

MIKE BIRD

 NOV. 13, 2014

REUTERS/Ueslei Marcelino

Japanese prime minister Shinzo Abe may call a snap election.

Good morning! Here are some of the major news stories moving markets ahead of the market opening in London. 

A Senior Japanese Lawmaker Says Prime Minister Shinzo Abe Has Decided To Call An Election. “It looks like Shinzo Abe has finally made up his mind and it’s fair to consider that he decided to go to the people,” said Tadamori Oshima, a former deputy chief of Abe’s party. 

The Saudi Oil Minister Seems Comfortable With Lower Prices.Minister Ali Al-Naimi denied that the OPEC cartel nations were engaged in a price war, saying that the market set prices, according to the Financial Times.

German Inflation Came In As Expected. Prices rose by 0.8% in the year to October, with more European inflation data out later this morning.

India And The United States Have Resolved Some Of Their Trade Differences. Washington and New Delhi said Thursday they have resolved a row over Indian food subsidies that blocked a key WTO trade agreement earlier this year.

Hasbro Is Reportedly In Talks About Buying Dreamworks Animation. Deadline reports that DreamWorks and Hasbro are in talks to create a combined family entertainment company that would be called DreamWorks-Hasbro, and says the deal is at least 60 days away from being finalised. 

Sony Just Unveiled Web-Based Service Playstation Vue. The new cloud-based TV service, PlayStation Vue, is expected to be commercially launched during the first quarter of 2015. The web-based television service allows users to access live TV and on-demand content without a cable or satellite service, the company said. 

China Is Set To Lift Its Aid to Pacific Nations. Chinese President Xi Jinping will offer a broad aid package to Pacific island nations at a summit in Fiji next week, a foreign ministry official said on Thursday, adding that there was also room to work with six island states not invited because of ties to Taiwan. 

It’s A Quiet Day For Data. Confirmations of inflation in Spain, France and Italy are out before 9 a.m. GMT, and US initial jobless numbers are out at 1.30 p.m. GMT, with economists expecting 280,000 applications for unemployment assistance in the week to November 7. 

Asian Markets Rallied. The Nikkei closed up 1.14% in trading today and Hong Kong’s Hang Seng is currently up 0.27%

Keystone Pipeline May Finally Pass US Congress Next Week. The US Congress will vote in coming days on approving construction of the much-delayed Keystone XL oil pipeline, a project Republicans claim is step one in their plan for enhanced US energy production.

10 Things You Need To Know Before European Markets Open

MIKE BIRD

 NOV. 12, 2014

Kim Kyung-Hoon/Reuters

U.S. President Barack Obama (L) shakes hands with China’s President Xi Jinping during the Asia Pacific Economic Cooperation (APEC) forum, at the International Convention Center at Yanqi Lake in Beijing, November 11, 2014.

Five Massive Banks Were Just Fined $3.3 Billion For Allegedly Manipulating Currency Markets. UBS, the Royal Bank of Scotland, JP Morgan, HSBC and Citibank were all fined more than of $3.2 billion by authorities in Switzerland, the UK, and the US this morning.

The US And China Just Made A Landmark Joint Deal On Climate Change. China will aim for a peak in greenhouse gas emissions by 2030, while the United States will strive to cut total emissions by more than a quarter by 2025, as the two countries try to drive through a new global climate pact in Paris next year.

Samsung Just Cranked Up Its Legal Battle With Chipmaker Nvidia. Samsung has accused Nvidia of infringing several of its semiconductor-related patents and for making false claims about its products, counter-suing after Nvidia filed a lawsuit against the Korean company in September.

Japanese Shares Hit 7 Year Highs. The Nikkei climbed 0.43%, after trading higher during the day, hitting the highest levels in 7 years.

That’s Because Of Snap Election Rumours In Japan. Prime Minister Shinzo Abe may call an emergency election to justify delaying or scrapping the second sales tax hike planned for the country. 

eBay Admits It Banned A Whistleblower Warning Shoppers About Fake Products. When a consumer watchdog organization alerted eBay that it had found hundreds of counterfeits on the site, eBay blocked the whistleblower’s accounts and removed its comments warning people about fake products.

UK Unemployment And European Industrial Production Are Coming.They’re at 9.30 a.m. ET and 10 a.m. ET respectively, with economists expecting a 0.7% jump in industrial production and UK unemployment to fall to 5.9%.

Shell Says It’s Focused On Deep Water Oil Projects In Mexico. Royal Dutch Shell, one of the world’s largest oil companies, is most interested in new oil and gas projects in the deep waters of the Gulf of Mexico following a major sector opening finalized earlier this year, a top executive said on Tuesday.

Volvo Is Reportedly Cutting 3,000 Staff. Swedish truck maker Volvo will cut around 3,000 staff as part of a savings plan to boost profitability, business daily Dagens Industri said on Tuesday.

The Bill For Shutting Nuclear Plants Will Hit $100 Billion. According to the Financial Times, the international bill for winding down the world’s nuclear power plants will hit $100 billion in the next 25 years.

The 10 Most Important Things In The World Right Now

DINA SPECTOR

 NOV. 12, 2014

REUTERS/Jason Lee

US President Obama speaks at a joint news conference with Chinese President Jinping at the Apec summit, Nov. 12, 2014.

Good morning! Here’s what you need to know for Wednesday.

1. US President Obama and Chinese President Jinping reached a landmark climate deal, with the US pledging to slash greenhouse gas emissions by 26-28% by 2025 from 2005-levels and China agreeing to reach peak carbon emissions by 2030. 

2. The climate agreement signals the first time ever that China, the world’s top carbon polluter, has committed to a greenhouse gas emissions cap. 

3. Scientists are making final preparations to deploy the Philae probe from the Rosetta spacecraft and land it on a comet, marking a space history first. 

4. Japan’s Nikkei soared to a 7-year high on Wednesday on news that President Shinzo Abe is preparing to call a snap vote and potentially delay a national sales tax hike planned for October 2015. 

5. Sierra Leone will pay $5,000 (£3,140 pounds) to the family of any health worker who dies of Ebola from treating an infected patient. 

6. The European Court of Justice set a precedent in a ruling that says member states can deny certain payments to unemployed EU citizens who move there just to claim benefits. 

7. Spotify CEO Daniel Ek wrote a blog post defending the amount of money the streaming service pays to artists, noting that Taylor Swift was on track to earn at least $6 million this year before she pulled her entire music catalogue from the service last week.

8. An icy blast of air from the Arctic has caused temperatures to drop dramatically in about two-thirds of the continental US.

9. YouTube signed a licensing deal with independent record companies, a partnership that opens the door “to introduce a long-planned subscription feature to compete with online music outlets like Spotify and Rhapsody,” The New York Times reports. 

10. Thomas Piketty’s ‘Capital’ has won Business Book of the Year, which comes with a £30,000 prize. 

And finally …

The lemur who starred in the children’s show “Zaboomafoo” has died at the age of 20. 

10 Things You Need To Know Before European Markets Open

DINA SPECTOR

 NOV. 11, 2014

REUTERS/Lucy Nicholson

Jack Ma, Executive Chairman of Alibaba

Good morning! Here’s what you need to know:

Alibaba Posts Record Sales On Singles Day. On the world’s largest online shopping day of the year, China’s Alibaba shattered last year’s full-day sales of $5.75 billion, pulling in $5.8 billion by the afternoon. 

Aldi Is Hiring. German discount supermarket Aldi said it will create 35,000 news jobs in the UK by opening 1,000 new stores over the next 8 years. Aldi, along with other price-cut retailers in Britain, have been taking market share from the “big four” supermarkets, Tesco, Asda, Morrisons, and Sainsbury’s. 

GoPro Is Selling More Shares. Five months after its $491 million IPO, American camera maker GoPro is selling up to $800 million of stock, according to an SEC filing on Monday. In an email to employees, CEO Nick Woodman said: “I plan to sell a portion of my holdings in GoPro, but no one should misunderstand my commitment to the company or our vision.”

Asia’s In The Green. Japan’s Nikkei closed up 2.05% and the Hong Kong Hang Seng Index is up 0.25%. “The Nikkei stock average rising to a 7-year high as speculators snapped up futures and call options as they wagered that Prime Minister Shinzo Abe may postpone a planned sales tax increase,” Reuters writes. 

The US And China Reach A Deal. In breakthrough negotiations, the Obama administration said it had achieved a deal with China to eliminate tariffs on a range of technology products. “With trade in tech goods surpassing $4 trillion annually, the commercial significance of these negotiations is obvious,” Myron Brilliant, the head of international affairs of the United States Chamber of Commerce, told The New York Times. 

Mondelez Is Expanding. Mondelez International, the maker of Nabisco biscuits and Cadbury chocolate, plans to pay $370 million for an 80% stake in Kinh Do, a Vietnamese snack business. “Our significant investment in Kinh Do and Vietnam is a perfect fit for our growth strategy in Asia Pacific, strengthening our core snacking categories in a high-growth dynamic market,” Mondelez executive Tim Cofer said in a statement.  

Unilever Sues Egg-Free Mayo Maker. Unilever, the maker of Hellmann’s mayonnaise, is suing a startup that makes eggless mayo for false advertising and fraud. In the lawsuit, Unilever claims that Hampton Creek’s Just Mayo is hurting sales of its own sandwich spread products. 

McDonald’s Sales Fell Last Month. Worldwide sales at the fast-food giant dropped 0.5% in October, which is better than the 2.2% decline that economists expected. 

A Divorce Ruling Makes History. The CEO of Continental Resources, Harold Hamm, has been ordered to pay his ex-wife $999.5 million in a divorce ruling. The payout could make Sue Ann Hamm one of the 100 wealthiest women in America. 

Samsung Has Its Eyes On Vietnam. The electronics maker plans to invest $3 billion (£1.8 billion) to build a second smartphone plant in Vietnam’s capital of Hanoi. “Vietnam is in a unique position,” Lam Nguyen, Ho Chi Minh City-based country director at International Data Corp. told Bloomberg. “You have a motivated workforce and in terms of labour costs, they are cheaper than China, cheaper than Thailand.”

The 10 Most Important Things In The World Right Now

DINA SPECTOR

NOV. 11, 2014

REUTERS/Larry Rubenstein

U.S. President Ronald Reagan and Britain’s Prime Minister Margaret Thatcher dance in the foyer of the White House during a State Dinner in Thatcher’s honor in this file photo taken on November 16, 1988, in Washington.

Good morning! Here’s what you need to know for Tuesday.

1. A powerful militant group in Egypt, Ansar Beit al-Maqdis, has pledged its loyalty to the Islamic State, an alliance that could provide the Egyptian group with new money and weapons to fight the Egyptian military. 

2. Reports indicate that the leader of ISIS, Abu Bakr al-Baghdadi, may have been killed or injured by US-led airstrikes in the Iraq city of Mosul, although it has not been confirmed by the US military. 

3. South Korea has ended the search for nine bodies still missing from April’s ferry disaster that killed more than 300 people. 

4. In a newly-released recording, Ronald Reagan apologises to Margaret Thatcher for not consulting her about the 1983 invasion of Grenada, saying: “We regret very much the embarrassment that’s been caused to you, and I would like to tell you what the story is from our end.”

5. Catalan leader Artur Mas said he would push for a binding independence vote after preliminary results from Sunday’s symbolic referendum showed that 85% of voters supported breaking away from Spain.

6. Tuesday marks Singles Day in China, the world’s largest online shopping day of the year and the country’s anti-Valentine’s Day. 

7. Google is helping to fight Ebola by donating $2 for every dollar raised through its website.

8. Oklahoma oil magnate Harold Hamm must pay his ex-wife close to $1 billion in the most expensive divorce in US history.

9. An Iranian copy of a US drone captured in 2011 has taken its first flight. 

10. A river of lava that has been creeping toward a Hawaiian town for months burned down the first home. 

And finally …

An extremely rare metal, reidite, was found in a 450-million-year-old crater in Wisconsin. 

10 Things You Need To Know Before European Markets Open

MIKE BIRD

 NOV. 10, 2014

REUTERS/Paul Hanna

Catalonian president Artur Mas voting in Sunday’s unofficial referendum.

Good morning! Here’s what you need to know. 

Chinese Inflation Is At A 5-Year Low. China’s annual consumer inflation remained at a near 5-year low in October at 1.6%. 

South Korea And China May Have A Trade Deal. South Korea said it has“effectively” reached a free trade agreement with China that will remove or sharply reduce barriers to trade and investment between the two global trade giants. 

An Overwhelming Number Of Catalans Voted For Independence. Nearly 81% of 2.25 million Catalans who participated in a simulated referendum Sunday said they wanted autonomy from Spain, according to preliminary results. 

Russia Signed Another Big Gas Deal With China. The Russian and Chinese governments have signed another significant gas deal, after an earlier agreement this year, according to the Financial Times. 

Heavy Shelling Picked Up Again In East Ukraine. Shelling around the eastern Ukrainian city of Donetsk increased strains on a two-month-old ceasefire between Ukrainian government forces and pro-Russian separatists on Sunday. 

Samsung Is About To Invest $3 Billion (£1.89 Billion) In Vietnam. A subsidiary of South Korea’s Samsung will be awarded a license to invest $3 billion in a mobile phone plant in northern Vietnam, the second such facility in the country, a state-run newspaper said on Monday.  

American Airlines Staff Rejected A Contract. American Airlines flight attendants narrowly rejected a joint labour contract on Sunday, in a defeat following the merger of American and the former US Airways last year. 

Panasonic Is Considering Expansion In Europe. Japanese electronics conglomerate Panasonic Corp is considering M&A deals as a way to bolster its position in the European white goods market, its chief executive said on Monday.

European Investor Confidence Figures Are Coming. Sentix investor confidence figures are out at 9.30 a.m. GMT, with analysts expecting a modest improvement in November’s headline figures.

Hong Kong And Shanghai’s Stock Exchanges Are About To Get A link. A delayed trading link between Hong Kong and Shanghai’s stock exchanges will start on Nov. 17, the Hong Kong exchange announced Monday.

The 10 Most Important Things In The World Right Now

DINA SPECTOR

 NOV. 10, 2014

REUTERS/Fabrizio Bensch

Conductor Daniel Barenboim is seen on video screens as he conducts the State Orchestra performing in front of the Brandenburg Gate in Berlin, November 9, 2014.

Good morning! Here’s what you need to know for Monday.

1. More than 80% of Catalans voted in favour of independence in a symbolic referendum held Sunday, although Spain says it will not recognise the vote. 

2. The Netherlands will hold a national memorial service on Monday to commemorate the victims of Malaysia Airlines Flight 17, less than four months after the plane was downed in eastern Ukraine.

3. Sunday marked 25 years since the fall of the Berlin Wall.

4. World leaders are gathered in Beijing for this year’s two-day Asia-Pacific Economic Cooperation (APEC) summit.

5. Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping met for formal talks for the first time at the Asia-Pacific conference, following two years of tensions over disputed islands in the East China Sea. 

6. Rurik Jutting, the British banker accused of killing two women in Hong Kong, had his case adjourned for two weeks while he undergoes psychiatric tests. 

7. Tensions in rebel-held regions of eastern Ukraine reached their highest point this weekend since the early September truce, amid Kiev claims that Moscow has stepped up supplies of weaponry and fighters to pro-Russian separatists.

8. Russia and China have signed a gas deal that will increase the supply of gas from western Siberia to China. 

9. Remembrance Day services were held across the United Kingdom on Sunday, with this year marking the 100th anniversary since the start of World War I.  

10. Three expedition members of the International Space Station returned to Earth on Sunday after spending almost six months in space. 

And finally …

More than a dozen artifacts from the Sacred Convent of St. Francis are leaving Italy for the first time in 700 years, bound for an exhibition in New York. 

The 10 Most Important Things In The World Right Now

DINA SPECTOR

 NOV. 7, 2014

REUTERS/Thomas Peter

Executive Vice President of airbag maker Takata Corporation Yoichiro Nomura attends a news conference in Tokyo, November 6, 2014.

Good morning! Here’s what you need to know for Friday. 

1. The FBI arrested on Thursday the alleged operator of “deep web” drug marketplace Silk Road 2.0, former SpaceX employee Blake Benthall. 

2. A former safety expert for the European Space Agency told the Financial Times that Virgin Galactic, whose spacecraft exploded killing one pilot last week, did not have enough safety precautions in place. 

3. Honda has expanded its recall of Takata-made airbags — now among nearly 8 million cars made by 10 automakers — because the airbags can explode, causing shards of metal to fly out into the passenger compartment. 

4. In light of the recall, The New York Times reports that Takata allegedly deleted results from 2004 tests showing the potential risks of its airbags. 

5. Israel has reportedly banned entry visas to citizens of the three West African nations worst hit by Ebola, — Sierra Leone, Liberia, and Guinea — according to Haaretz.

6. US President Barack Obama wrote a secret letter to Iran’s Supreme Leader Ayatollah Ali Khamenei in October about fighting Islamic State militants in Iraq and Syria, The Wall Street Journal reports. 

7. The European Central Bank said on Thursday that it’s prepared for further stimulus if it’s needed. 

8. Chinese officials bought so much illegal ivory on a visit to Tanzania in 2013 that local prices doubled, a report by Britain’s Environmental Investigation Agency has revealed. 

9.  Some military officials and SEALs have sounded doubts about former Navy SEAL Robert O’Neill’s claim that he was the man who shot and killed Al Qaeda founder Osama Bin Laden in 2011. 

10. Twitter is reportedly opening a new office in Hong Kong next year, according to The Wall Street Journal. 

And finally …

Here’s a Christmas ad that will make you cry. 

10 Things You Need To Know Before The Opening Bell

MIKE BIRD

 NOV. 6, 2014

REUTERS/Luke MacGregor

Participants in costumes hold burning torches as they take part in one of a series of processions during Bonfire night celebrations in Lewes, southern England November 5, 2014.

Good morning! Here’s what you need to know.

The ECB Meeting Is Coming.The big economic calendar event today is the European Central Bank’s rates decision, and Mario Draghi’s press conference. Economists expect no change in policy. However, the post-meeting presser could reveal clues about further easing actions. Here’s everything you need to know.

The Bank Of England Stays Put. The Bank of England kept its benchmark interest rate unchanged at 0.50% and its asset purchase program target at 375 billion pounds.

German Factory Orders Were Awful Again. The eurozone’s biggest economy recorded a measly 0.8% boost to factory orders for September. Analysts had expected a 2.3% rise, which would have partly counteracted August’s 5.7% collapse.

Markets Are Down. In Asia, Japan’s Nikkei closed down 0.8% and Hong Kong’s Hang Seng fell 0.2%. European markets are slightly down with Britain’s FTSE 100 down 0.3% and France’s CAC down 0.1%. US futures are unchanged.

US Data. At 8:30 a.m. ET, we’ll get the latest weekly tally of initial unemployment insurance claims. Economists estimate the pace of weekly claims fell to 285,000 from 287,000 a week ago. “Initial claims have been below 300k for seven consecutive weeks and continuing claims have been steadily trending lower, suggesting solid improvement in labor market performance,” Nomura economists said.

Tesla Surges. Electric car maker Tesla reported a $0.02 profit per share, beating expectations for a breakeven quarter. Shares are up by 6% in pre-market trading.

Whole Foods Goes Bananas. Grocery chain Whole Foods announced earnings of $0.35 per share, beating expectations for $0.32 per share. This was driven by a 3.1% gain in same-store sales. The stock is up by 9% in pre-market trading.

Luxembourg’s Alleged Secret Tax Deals With Massive Firms Have Been Leaked. Hundreds of the world’s biggest companies reportedly brokered secret deals with Luxembourg to avoid paying billions of dollars in tax according to a trove of leaked documents published by an investigative journalism group.

Dealogic Is Being Bought For $700 Million. Carlyle Group LP said it would partner with other investors to buy US-based financial data provider Dealogic. 

News Corp Revenues Are Up 4%. News Corp, publisher of the Wall Street Journal, the Sun, and the Times, reported a 4% rise in quarterly revenue, helped by higher sales at its book publishing and online real estate services businesses.

10 Things You Need To Know Before European Markets Open

MIKE BIRD

 NOV. 6, 2014

REUTERS/Ints Kalnins

Good morning! Here’s what you need to know before London, Paris, and Frankfurt open this morning. 

Dealogic Is Being Bought For $700 Million (€559 Million).Carlyle Group LP said it would partner with other investors to buy US-based financial data provider Dealogic. 

Wind Hit Siemens’ Profits.German engineering group Siemens missed expectations for third quarter core profit, hurt by charges for faulty wind turbines that pushed its wind power division to a loss.

India’s Infosys Is Hiring 2,100 People In The US. The IT services provider said it plans to hire over 2,100 people in the United States as the company works toward scaling up its global presence and boost key work areas like client relationship management and consulting.

Hong Kong’s Remaining Protesters Clashed With Police. Hong Kong pro-democracy protesters clashed with police in the densely populated district of Mong Kok early Thursday as tensions escalated at one of three remaining demonstration sites for the first time in more than two weeks.

News Corp Revenues Are Up 4%. News Corp, publisher of the Wall Street Journal, the Sun, and the Times, reported a 4% rise in quarterly revenue, helped by higher sales at its book publishing and online real estate services businesses.

The ECB Meeting Is Coming. The big economic calendar event today is the European Central Bank’s rates decision, and Mario Draghi’s press conference. Here’s everything you need to know. 

Asian Markets Are Mixed. The Nikkei closed down 0.86%, a slight correction for Japanese stocks after several rallies. Hong Kong’s Hang Seng is currently up 0.01%.

German Factory Orders Were Awful Again. The eurozone’s biggest economy recorded a measly 0.8% boost to factory orders for September. Analysts had expected a 2.3% rise, which would have partly counteracted August’s 5.7% collapse.

Luxembourg’s Alleged Secret Tax Deals With Massive Firms Have Been Leaked. Hundreds of the world’s biggest companies reportedly brokered secret deals with Luxembourg to avoid paying billions of dollars in tax according to a trove of leaked documents published by an investigative journalism group.

Italian Bank Monte Dei Paschi Will Raise €2.5 Billion. The world’s oldest bank has approved the capital increase to fill to its capital deficit, revealed in the ECB’s recent stress tests, and to pay back the 1.1 euros it still owes to the Italian state.