Publication: CNBC

First reported 15 hours ago - Updated 1 hour ago - 3 reports

G20: Nearing growth goal, but need more from Europe

Almost 1,000 measures had been proposed that would boost global growth by 1.8 percent by 2018, nearing the ambitious goal of 2 percentage points adopted back in February.A common concern was the risk of Europe's economic malaise pulling others down. U.S. ... [Published CNBC - 10 hours ago]
First reported Sep 19 2014 - Updated Sep 20 2014 - 3 reports

GSK ex-China head Reilly to be deported from China

sh drug firm GlaxoSmithKline (GSK) enters their office headquarters in Shanghai.Sources with knowledge of the matter said that Reilly had received a three-year suspended sentence and was awaiting details of his deportation. Meanwhile, f our Chinese nationals ... [Published CNBC - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 20 2014 - 4 reports

UPDATE 2-Oil drops towards $97 despite talk of lower OPEC output

* Talk of OPEC cuts, lower Libyan output support prices* Dollar index highest in more than 4 years* Middle East tensions remain a big focus(Updates throughout, changes dateline, previous SINGAPORE)LONDON, Sept 19 (Reuters) - Brent crude slipped towards ... [Published CNBC - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 20 2014 - 2 reports

Why crowds line up for iPhones: Psychiatrist

Apple a pop culture phenomenon: PsychiatristDr. Daniel Bober, psychiatrist, dissects the culture of Apple and demand for its products.What is it that makes people stand in long lines outside Apple stores to get their hands on a new iPhone? According to ... [Published CNBC - Sep 20 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 8 reports

WRAPUP 9-Alibaba surges 38 pct on massive demand in market debut

(Updates prices, adds analyst comments, background)NEW YORK, Sept 19 (Reuters) - Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the ... [Published CNBC - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 3 reports

Alibaba closes up 38% on first day of trading

Alibaba shares fluctuated in volatile trading, briefly dipping below the opening price of $92.70 after initially spiking nearly 50 percent in its market debut. More than 127 million shares were traded within the first 15 minutes of Alibaba's market debut. ... [Published CNBC - Sep 19 2014]
Entities: Web Browser
First reported Sep 19 2014 - Updated Sep 19 2014 - 3 reports

New Apple iPhone 6 officially goes on sale

CNBC asked cook about which new iPhone he carries. "Both," he said, "I'm lucky."Right out of the gate, demand has been strong. The company says pre-orders topped a record 4 million in 24 hours. The next important data point for investors is how many new ... [Published CNBC - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 3 reports

PRECIOUS-Gold down, silver hits 4-year low on strong dollar, equities

* Gold heads for weekly drop of nearly 1 pct* Dollar soars to 4-year high vs euro* Silver hits 4-year low(New throughout, updates prices and market activity, adds second byline and dateline, previously LONDON)NEW YORK/LONDON, Sept 19 (Reuters) - Gold ... [Published CNBC - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 3 reports

Legendary IPO Alibaba opens

16 Mins AgoAlibaba has opened at $92.70 after pricing its IPO at $68. NYSE head of global listings Scott Cutler analyzes the rapid opening trades, with CNBC's Bob Pisani. ... [Published CNBC - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 5 reports

UPDATE 1-Exxon says U.S. allows it to wind down drilling in Russian Arctic

(Adds background, Treasury response)WASHINGTON, Sept 19 (Reuters) - U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic that has been ... [Published CNBC - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 4 reports

European shares hit multi-year high after Scotland votes to stay in UK

* FTSEurofirst 300 up 0.4 pct to highest since 2008* Spanish IBEX index outperforms after Scotland "No" voteLONDON, Sept 19 (Reuters) - Europe's FTSEurofirst 300 index hit a 6-1/2-year high on Friday after Scotland's vote against independence and Spanish ... [Published CNBC - Sep 19 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 4 reports

Cheers and tears from winners and losers in Scotland referendum

Edinburgh, Sept 19 (Reuters) - As Scotland's regions reported their decisions in a momentous independence referendum to the central counting operation in Edinburgh in the early hours of Friday morning, the "Yes" supporters' mood grew ever more deflat ... [Published CNBC - Sep 19 2014]

Quotes

"Even if it is uncomfortable for teachers to teach it, or for the parents to work with it" said Falatko, it is essential the government push the importance of financial literacy down to the school districts
"China is taking the lead, but this is a global problem" Corinne Le Quere, director of the Tyndall Centre at the University of East Anglia and a lead contributor to the report
"We've always thought that international bonds should be a large part of investors' portfolio," Barrickman of Vanguard said. "They make up about 35 percent of the capitalcapital markets, so it's a huge, huge asset class that has probably been under-represented for while."
...''This is a really critical period in the investment world where pension funds have a chance to demonstrate a little responsibility,'' he said. "We should be paying less and getting more for our retirees. Calpers is teeing it up for everybody."

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