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| India Inflation Tops Estimates as Rupee Fans Costs in Rajan Test Bloomberg Indian inflation accelerated more than economists estimated in July as a plunge in the rupee stoked import costs, adding pressure on the central bank to stay focused on steadying the currency. The wholesale-price index rose 5.79 percent from a year earlier, ... See all stories on this topic » | ||
| French Economy Posts Best Quarter Since Hollande Took Power Bloomberg The French economy posted its best quarterly expansion since President Francois Hollande came to power in May 2012 as recovering consumer spending and exports lifted factory output. Gross domestic product grew 0.5 percent in the three months through ... See all stories on this topic » | ||
| Court Orders Review of German Cable Merger New York Times DÜSSELDORF, Germany — A regional court in Germany reversed the antitrust regulator's approval for Liberty Global's 3.2 billion euro acquisition of KabelBW, throwing the now-completed merger into doubt. The court in Düsseldorf ruled that the German ... See all stories on this topic » | ||
| Loeb's Third Point Re Raises $276 Million in Initial Offer (1) Businessweek Third Point Reinsurance Ltd. (TPRE:US), which counts billionaire hedge-fund manager Daniel Loeb as a founding shareholder, raised about $276 million in an initial public offering, pricing the stock at the bottom of the proposed range. The company and ... See all stories on this topic » | ||
| Stocks Decline on Wall Street; Macy's Drops ABC News Stocks are heading lower on Wall Street after Macy's disappointed investors with a weak profit report, casting doubt about how willing shoppers are to spend and support the U.S. economy. The Dow Jones industrial average fell 75 points, or 0.5 percent, ... See all stories on this topic » | ||
| U.S. Stocks Drop While Italy, Spain Bonds Advance on Euro Bloomberg U.S. stocks fell as Macy's Inc. paced a drop in retailers after reducing its earnings forecast and economists predicted the Federal Reserve will taper asset purchases next month. Italian and Spanish bonds rose with European shares as the euro area exited its ... See all stories on this topic » | ||
| Dollar Range-Bound Against Yen After Overnight Gains Wall Street Journal The dollar was trading in a tight range during Asian hours Wednesday following overnight gains on strong U.S. retail sales data that lifted expectations the Federal Reserve would begin reducing its stimulus measures later this year. Kengo Suzuki, forex ... See all stories on this topic » | ||
| Indonesia arrests oil and gas regulator boss Rubiandini BBC News Indonesian authorities have arrested the head of the country's oil and gas regulator alleging corruption. The chairman of SKKMigas, Rudi Rubiandini was taken from his home in Jakarta late on Tuesday by the Corruption Eradication Agency. An agency ... See all stories on this topic » | ||
| KPN foundation worried by Slim's bid for Dutch telecom Reuters AMSTERDAM | Wed Aug 14, 2013 2:13am EDT. AMSTERDAM Aug 14 (Reuters) - An independent foundation which has the power to block a takeover of Dutch telecoms group KPN has expressed its concern over the proposed 7.2 billion euros ($9.6 billion) ... See all stories on this topic » | ||
| Federal government, states try to block proposed airline merger News Sentinel WASHINGTON — The federal government is trying to block the proposed merger of American Airlines and US Airways, saying it would cause "substantial harm" to consumers by leading to higher fares and fees. The U.S. Justice Department, joined by the ... See all stories on this topic » | ||
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