UniCredit may approve strategic plan on March 11: source
MILAN (Reuters) – UniCredit , Italy’s biggest bank by assets, may approve a new five-year strategic plan at a scheduled board meeting on March 11, a source close to the matter said.
Exclusive: North Dakota January oil output flat as winter chills drilling – data
NEW YORK (Reuters) – Oil production in North Dakota’s Bakken shale stayed flat in January after falling sharply the month before, according to independent data that illustrate how this winter’s bitter cold put a freeze on the world’s fastest-growing oi…
Mt Gox: The brief reign of bitcoin’s top exchange
(Reuters) – The collapse of Mt. Gox might appear sudden, but bitcoin insiders say its downfall began nearly a year ago as the virtual currency exchange tangled with regulators, split from former business partners and grappled with cyber attacks.
Euro zone inflation stabilizes in ‘danger zone’
BRUSSELS (Reuters) – Euro zone inflation stabilized in the European Central Bank’s “danger zone” in February but did not fall as expected, making it less likely the ECB will loosen monetary policy further at its monthly meeting next week.
Ex-SAC trader Martoma seeks to toss insider trading conviction
NEW YORK (Reuters) – Former SAC Capital Advisors LP portfolio manager Mathew Martoma asked a U.S. judge to throw out his insider trading conviction, saying federal prosecutors did not prove he committed a crime and that improper evidence and jury bias …
Pending home sales edge up in January
WASHINGTON (Reuters) – Contracts to buy previously owned U.S. homes edged up in January after a weather-related hit at the end of last year, offering hope the housing recovery would get back on track.
Consumer sentiment inches up in February
NEW YORK (Reuters) – Consumer sentiment rose marginally in February even as concerns about the extreme weather persisted, a survey released on Friday showed.
EU-U.S. trade talks face growing hostility, ministers warn
ATHENS (Reuters) – Free-trade talks between the United States and the European Union are in danger of being derailed by populist groups opposing everything from globalization to multinationals, EU ministers and business leaders said on Friday.
China Eastern to buy 70 Airbus A320NEO for $6.4 billion
(Reuters) – China Eastern Airlines Corp Ltd has ordered 70 A320neo aircraft, marking a big victory for Airbus , which has been actively marketing the upgraded variant of its popular A320 jet to Chinese carriers.
Top investors cut emerging Europe equities as Ukraine turmoil escalates: Reuters poll
LONDON (Reuters) – The world’s top investors cut exposure to emerging European equities to a five-month low in February as they fretted over a spillover from tensions in Ukraine and Russia, Reuters polls showed on Friday.
