Russian ruble will firm at start of 2015: finance minister
MOSCOW (Reuters) – Russian Finance Minister Anton Siluanov said on Friday the rouble would definitely firm at the beginning of next year.
China revises up size of 2013 economy, sees no effect on 2014 growth
BEIJING (Reuters) – China revised up the size of its economy in 2013 but sees that having little effect on economic growth this year, amid expectations that Beijing may roll out more stimulus to support the slowing economy.
Amazon’s cloud business a harder sell in post-Snowden era
SAN FRANCISCO/SEATTLE (Reuters) – This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video footage would be stored.
JPMorgan report to outline improved controls: activist
BOSTON (Reuters) – JPMorgan Chase & Co will soon issue a report outlining improved controls it has been enacting in the wake of recent missteps, including its role in the 2008 financial crisis, according to a shareholder activist who has seen a draft.
U.S. to sell final $1.25 billion shares of Ally Financial from bailout
(Reuters) – The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial Inc acquired under the government’s bailout of the auto lender, Ally said on Thursday.
Unilever drops mayonnaise suit against Just Mayo maker
(Reuters) – Unilever Plc’s U.S. division said it has withdrawn its lawsuit against food startup Hampton Creek over false advertising and unfair competition related to its Just Mayo product.
Russian ruble weakens as traders see no major measures in Putin speech
MOSCOW (Reuters) – The ruble weakened against the dollar and euro on Thursday with traders saying President Vladimir Putin had so far offered no concrete measures to pull Russia out of a crisis at his end-of-year news conference.
American Apparel approached for possible buyout: WSJ
(Reuters) – Clothing manufacturer American Apparel Inc has been approached by private equity firm Irving Place Capital for a possible takeover, The Wall Street Journal reported, citing sources.
Brazil’s Rousseff vows clean-up of scandal-tainted Petrobras
SAO PAULO (Reuters) – Brazilian President Dilma Rousseff, dogged by a multibillion-dollar corruption scandal at state-run oil company Petrobras, vowed on Thursday to stamp out graft at the flagship firm and place it under strict corporate governance.
Wall St. has best second-day gain since 2011 on Fed optimism
NEW YORK (Reuters) – U.S. stocks surged on Thursday, extending a Federal Reserve-fueled rally from the previous session and giving the S&P 500 its best two-day advance in three years.
