U.S. retail sales rebound from winter chill, jobless claims fall
WASHINGTON (Reuters) – U.S. retail sales rebounded in February and new filings for jobless benefits hit a fresh three-month low last week, suggesting the economy was regaining strength after an abrupt slowdown caused by severe weather.
More firms weigh IPOs as biotech fever reaches Europe
LONDON/ZURICH (Reuters) – Biotech fever is spreading to Europe from the United States with a successful stock market debut for a cat allergy company in Britain seen as a bellwether that could help unlock listings in other countries including Switzerlan…
Chrysler recalls 49,400 Charger cars for headlight issue
DETROIT (Reuters) – Chrysler Group said on Thursday it is recalling about 49,400 full-size Dodge Charger cars for possible overheating of headlight parts.
Bouygues, Numericable raise bids in French telco fight
PARIS (Reuters) – French groups Bouygues and Numericable have both improved the terms of their bids for Vivendi’s telecoms unit SFR, ahead of a decision by the seller on Friday that will reshape the country’s mobile industry.
Deutsche Bank adds to fears for slow Q1 at investment banks
PARIS (Reuters) – Deutsche Bank said on Thursday it has had a “slow” start to the year in its investment bank, due to market uncertainty related to the crisis in Ukraine and concerns about economic growth in China and Germany.
U.S. business inventories up, sales post largest drop in 10 months
WASHINGTON (Reuters) – U.S. business inventories rose in January, but a drop in sales meant it was now taking the longest time since late 2009 to move goods from shelves.
Bankers behaving badly face 6-year bonus clawback by BoE
LONDON (Reuters) – Misbehaving bankers and their bosses will have to hand back bonuses up to six years after they pocket them under a rule the Bank of England is proposing to prevent excessive risk-taking.
U.S. retail sales rise a bit more than expected in February
WASHINGTON (Reuters) – U.S. retail sales rose slightly more than expected in February, pointing to some strength in the economy after harsh weather abruptly slowed activity in recent months.
U.S. jobless claims fall to new three-month low
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell and hit a fresh three-month low last week, suggesting a strengthening in labor market conditions.
U.S. import prices post largest gain in a year
WASHINGTON (Reuters) – U.S. import prices rose more than expected and recorded their largest gain in a year in February as petroleum soared, but there was little sign of a broad pick-up in imported inflation.
