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Fed’s Yellen sees stronger case for interest rate hike

August 27, 2016 by · Leave a Comment 

The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bankand other policymakers said on Friday in comments that left the door open for a hike as early as next month. Fed Chair Janet

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Fed’s Yellen sees stronger case for interest rate hike

two-day-meeting

Venezuela roils corporate profits around the globe

July 27, 2016 by · Leave a Comment 

U.S. companies operating in Venezuela have escalated the use of an accounting maneuver to insulate themselves from a worsening economic crisis in the South American country that has erased more than $10 billion in

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Venezuela roils corporate profits around the globe

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U.S. durable goods orders data points to weak business spending

July 27, 2016 by · Leave a Comment 

New orders for U.S. manufactured capital goods rose less than expected in June amid weak demand for machinery, suggesting an ongoing downturn in business spending. Business investment remains soft despite data ranging from retail sales to housing suggesting that U.S. economic growth has regained speed after growth almost stalled early in the year. The Commerce Department said on Wednesday non-defense

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U.S. durable goods orders data points to weak business spending

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Teva, Allergan win U.S. antitrust approval for generics deal

July 27, 2016 by · Leave a Comment 

WASHINGTON (Reuters) – Teva Pharmaceutical Industries Ltd won U.S. antitrust approval to purchase Allergan Plc's generics business, after agreeing to divest 79 generic drugs to rival firms, the Federal Trade Commission said on Wednesday.

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Teva, Allergan win U.S. antitrust approval for generics deal

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SABMiller pauses AB InBev integration amid new offer

July 27, 2016 by · Leave a Comment 

By Martinne Geller LONDON (Reuters) – SABMiller has told employees to pause the integration of its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, two sources familiar with the matter said. “This is another big piece of news to take in and I appreciate this will cause lots of internal and external speculation.

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SABMiller pauses AB InBev integration amid new offer

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Fed keeps rates unchanged, says risks to outlook reduced

July 27, 2016 by · Leave a Comment 

The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the U.S. economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year. While Fed policymakers said they continued to closely monitor inflation data and global economic and financial developments, they indicated less …

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Fed keeps rates unchanged, says risks to outlook reduced

two-day-meeting

G20 seeks to enhance trade growth in face of protectionism: China

July 10, 2016 by · Leave a Comment 

In the face of a “worrying” rise in protectionism, trade ministers from the world's major economies have agreed to cut trade costs, increase policy coordination and enhance financing, China's Commerce Minister…

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G20 seeks to enhance trade growth in face of protectionism: China