U.S. service sector activity ticks up in February
NEW YORK (Reuters) – A gauge of growth in the U.S. services sector was modestly stronger than expected in February, helped as an index on employment rebounded from recent weakness.
U.S. Fed struggled with 2009 bailouts, bond-buying: transcripts
WASHINGTON/NEW YORK (Reuters) – The Federal Reserve struggled with the message being sent by its role in bank bailouts and worried about the impact of a bond-buying program aimed at easing the 2007-2009 financial crisis, according to transcripts releas…
Euro zone rebuffs Spanish talk of new Greek bailout
BARCELONA/BRUSSELS (Reuters) – Germany and the European Commission slapped down talk of a third financial rescue for Greece as premature, after Spain once again suggested on Wednesday that a new aid package for Athens was almost inevitable.
U.S. private sector adds jobs in February, but growth slows: ADP
NEW YORK (Reuters) – U.S. private employers added fewer jobs than expected last month, with the gains declining as well from January’s revised level as growth slowed in some sectors, a payrolls processor report showed on Wednesday.
Fed’s Evans wants no rate hikes until early 2016
LAKE FOREST, Ill. (Reuters) – The Federal Reserve should wait until next year before raising interest rates or risk undermining the very recovery it has helped engineer, a top U.S. central banker said on Wednesday.
Premature to talk about third Greek bailout: EU’s Juncker
BRUSSELS (Reuters) – It is too early to discuss a third bailout package for Greece, European Commission President Jean-Claude Juncker said on Wednesday, stressing the focus of talks with Athens was implementing measures already agreed with the euro zon…
Starboard says Staples needs to ‘improve’ board
(Reuters) – Activist investor Starboard Value LP asked office supplies retailer Staples Inc to “improve” the composition of its board to complete the acquisition of Office Depot Inc and fully integrate its smaller rival.
U.S. services sector activity rises in February: Markit
NEW YORK (Reuters) – Growth in the U.S. services sector accelerated modestly in February, lifted by improvements in new business, an industry report showed on Wednesday.
Europe will fight for own standards in U.S. trade talks: Merkel
BRUSSELS (Reuters) – Europe will insist on upholding its own standards in free trade talks with the United States, German Chancellor Angela Merkel said on Wednesday, adding she supported the European Commission’s efforts to get a deal this year.
RBS boss says no number set for ‘significant’ investment bank job cuts
LONDON (Reuters) – Royal Bank of Scotland has yet to decide how many jobs it will cut at its investment bank after announcing a major downsizing of the business last week, its Chief Executive Ross McEwan said on Tuesday.
