Tag Archives: test

Moneycontrol Ultimate Business Quiz #50: Test your knowledge

Q1. Known as a paragon of purism, its history dates back to 1870 and its founder Salvatore Condurro sold pizza fritta (deep-fried pizza) on the street outside his home in Naples. Their handcrafted pizzas have distorted shapes and an uneven distribution of toppings. The pizzeria creates amazing cartwheel pizzas (with a diameter larger than that of the plate beneath it). ... Read More »

Good Stress Test Grades Don’t Impress Bank Investors

That “A” in gym doesn’t make up for the “D” in math. Photographer: Steven Gottlieb/Corbis/Getty Images Bank investors seem more stressed out than they have been in a while. Shares of the big banks are down an average of 9.3 percent this year, compared with a gain of nearly 1 percent for the S&P 500 Index. The results last week of ... Read More »

Moneycontrol Ultimate Business Quiz #26: Test your knowledge

Q1. It is a term used by economists when referring to rescheduling of bad debt in the wake of a bank’s rise of bad debt provision. This comes from the supposed habit of this bird hiding when faced with attack by predators. What term? 2/40 Answer: Ostrich strategy 3/40 Q2. He was the governor of Chukotka from 2000 to 2008. ... Read More »

Asia Stocks Gain As North Korea Missile Test Fears Recede, Dollar Rebounds

Singapore: The dollar rebounded from a 2-1/2-year low on Wednesday, and Asian stocks took their cue from Wall Street’s higher close, as concerns about North Korea’s firing of a missile over Japan ebbed. The dollar index, which tracks the greenback against a basket of six major peers, edged up 0.1 percent to 92.317. The dollar rose 0.1 percent to 109.8 ... Read More »

Wells Fargo’s new CEO faces immediate test

Tim Sloan will not have much time to prepare his pitch for Wall Street. The newly installed chief executive of Wells Fargo & Co (WFC.N) will present third-quarter results on Friday, less than 48 hours after replacing John Stumpf at the helm of the bank. Investors are seeking reassurance that Wells Fargo can rebuild its reputation and retain profits while ... Read More »

Wall St. tumbles on Fed rate talk, North Korea nuclear test

U.S. stocks dropped on Friday, giving the S&P 500 its worst day since June, as investors grew nervous following a nuclear test by North Korea and comments by Federal Reserve officials that hinted at a U.S. interest rate hike. Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., ... Read More »