Search Results for: europe
Telefonica-KPN Review Said to Focus on Small Operators
May 15th, 2014
The European Commission’s review of the proposed merger of Telefonica SA (TEF) and Royal KPN NV (KPN)’s German wireless units focuses on bolstering smaller competitors that lease capacity rather than attracting a new network operator, according to people familiar ...
Stocks: In need of a break?
May 14th, 2014
Wall Street might need a break. The past few days have seen investors push stock markets to all-time highs, but it looks like the pace could slow Wednesday. U.S. stock futures were barely moving ahead of the opening bell, ...
What the Kenya Railroad Says About China’s Approach to Africa
May 14th, 2014
When China’s Prime Minister Li Keqiang announced a deal with Kenya to establish a new railroad, whose first stage will link the port city of Mombasa to the capital, Nairobi, he framed the arrangement in terms familiar to Sino-African ...
Bundesbank Open to Significant ECB Stimulus in June if 2016 Inflation Forecasts Lowered
May 13th, 2014
Germany’s central bank is willing to back an array of stimulus measures from the European Central Bank next month, including a negative rate on bank deposits and purchases of packaged bank loans if needed to keep inflation from staying ...
Asian Stocks Advance After U.S. Gauges Rally to Records
May 13th, 2014
Asian stocks rose, with the regional benchmark gauge on course for its biggest increase in seven weeks, as investors weighed earnings and after U.S. equity indexes climbed to records. Nissan Motor Co., Japan’s second-biggest carmaker, jumped 5.1 percent after ...
Polls close in eastern Ukraine amid allegations of fraud and double-voting
May 12th, 2014
Polls closed Sunday after voters streamed into polling stations in eastern Ukraine to vote in controversial referendums held by pro-Russian activists eager to declare independence from Kiev, an official said. Voters in the city of Donetsk faced this question ...
Oil prices rose amid Ukraine tensions
May 12th, 2014
Oil rose above $100 per barrel on Monday amid renewed tensions over Ukraine. Benchmark U.S. crude for June delivery was up 13 cents to $100.12 a barrel at 0650 GMT in electronic trading on the New York Mercantile Exchange. ...
Draghi Sets Clock Ticking for June Stimulus by ECB
May 9th, 2014
Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst. Cutting the euro area’s benchmark interest rate to a record tops the list of options for the ECB President after ...
Euro Drops From 2 1/2-Year High as Draghi Hints at June Action
May 8th, 2014
The euro weakened from a 2 1/2-year high against the dollar as European Central Bank President Mario Draghi said policy makers were comfortable with taking additional policy action in June if needed. The common currency dropped versus all except ...
U.S. Stocks Fluctuate as Tech Shares Slide, Tesla Drops
May 8th, 2014
U.S. stocks fluctuated, following the biggest advance in three weeks for the Standard & Poor’s 500 Index, as technology stocks declined for a third day and Tesla Motors Inc. and Priceline Group Inc. slumped. The S&P 500 (SPX) fell ...
