News: 2014-01-24
Technology
Lenovo to buy IBM’s low-end server unit for $2.3 billion | Reuters
Tesla takes on China with aggressive Model S pricing | The Verge
Brand study finds T-Mobile’s un-carrier assault on AT&T is working — Tech News and Analysis
Which Online Dating Service is Right For Me?
EBay dismisses Icahn proposal to spin off Paypal | Reuters
Australia accuses Snowden of ‘treachery’ – FT.com
Markets
Death to the Rentier! (or not) | PRAGMATIC CAPITALISM
Lew Calls Bitcoin a Place to Hide, Shares Dimon’s ‘Incredulity’ – Bloomberg
The time for official e-money is NOW! | FT Alphaville
Wall Street Shorts Economists – Bloomberg
Oil/Commodities
U.S. Shale Boom Forces Pemex to Find New Buyers – WSJ.com
Inflation Jumps in Australia – WSJ.com
How America’s Fracking Boom Helps to Boost Treasuries Demand – Bloomberg
West’s 30-year vendetta with Iran is finally buried in Davos – Telegraph Blogs
3 reasons the Canadian dollar will shed another 10%-15% | Financial Post
Insight: Norway’s $833 billion oil fund eyes riskier bets | Reuters
Fears of China slowdown as factory sector contracts – Telegraph
China Moves to Avert Shadow Lender’s Default – WSJ.com
“A troubled mining company facing repayment of a 3 billion yuan ($496 million) loan has received government permission to restart one of its coal mines, as creditors and officials try to avoid an unsettling default in China’s loosely regulated shadow-banking sector.”
PetroChina delays operation of refineries on overcapacity | Reuters
“PetroChina has put off starting up two new refineries and delayed expansion of another to counter the threat of overcapacity as oil demand growth slows in the world’s second largest oil consumer, a company official said on Thursday. China’s oil consumption last year grew at its slowest in more than 20 years, calculations on government data showed on Monday, as soft economic growth sliced demand for transportation and industrial fuels such as diesel.”
Shell could be forced to delay Arctic drilling after US court sides with green group – Telegraph
U.S. appeals court throws Arctic drilling into further doubt | Reuters
Emerging Markets
South Korea records fastest economic growth in 3 years – FT.com
Argentina’s Peso Plunges as Central Bank Scales Back Support – Bloomberg
Turkey Intervenes to Halt Lira Slide – WSJ.com
Rajan Rate Revamp Hinges on Curbing India Fiscal Spending – Bloomberg
North America
Fewer Immigrants Came to U.S. Last Year – Real Time Economics – WSJ
Why your house is a terrible investment
Upward Mobility Has Not Declined, Study Says – NYTimes.com
JPMorgan CEO Dimon says government cases were ‘unfair’ | Reuters
U.S. jobless claims up modestly, labor market trend improving | Reuters
Berkshire Is Said to Face Start of U.S. Systemic-Risk Scrutiny – Bloomberg
Europe
Exclusive: Germany, France attack EU plan to curb big banks | Reuters
Carney signals scrapping of forward guidance target – FT.com
Otra hipoteca barata: ING se une al club
This article shows the credit market in Spain loosening. That will be very helpful for Spain’s housing market as it should keep house prices from falling further.
Euro zone starts 2014 on a high, China falters | Reuters
BBC News – UK car production reaches six-year high, says trade body
Spanish jobless rate tops 26% at end of 2013 – RTÉ News
Japan
Guide To Gauging The Recovery of Japan’s Property Market – Japan Real Time – WSJ
Elsewhere
Michelle Obama Photobombs LeBron With Impressive Slam Dunk
Manchester United fall out of Deloitte Football Money League top three for first time – Telegraph
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