Shares fall, euro at 2014 high on euro zone inflation
LONDON (Reuters) – European stocks fell on Friday and the euro rose to its highest level this year after euro zone inflation unexpectedly held steady this month, cooling growing expectations the European Central Bank might ease monetary policy as early…
Japan, Turkey scrap talks on tank engine supply deal
TOKYO (Reuters) – Mitsubishi Heavy Industries has lost a potential deal to supply tank engines to Turkey because of restrictions that remain in place on Japan’s military exports, officials in Turkey and Japan said.
Mexican telecoms bill to raise pressure on Slim: draft
MEXICO CITY (Reuters) – Mexico will give its new telecoms regulator sweeping powers to police dominant telecommunications companies, right down to their prices and discounts, according to a draft bill that fleshes out a constitutional reform passed las…
Japan’s factory output jumps, inflation up but anxiety lingers
TOKYO (Reuters) – Japan’s factory output rose in January at the fastest pace in more than two years and core inflation hovered at five-year highs, suggesting the economy has enough momentum to withstand an expected hit from a sales tax hike scheduled f…
EBay founder rejects Icahn’s call for PayPal spinoff
(Reuters) – EBay Inc founder and Chairman Pierre Omidyar rejected investor Carl Icahn’s call to separate the company’s fast-growing PayPal payments unit, saying the businesses were better off together.
Lawsuit against Google over Gmail faces hurdle, U.S. judge says
SAN JOSE, California (Reuters) – A U.S. judge on Thursday said some plaintiffs accusing Google of improperly scanning their email faced a significant hurdle in their attempt to move forward with the lawsuit as a class action.
Japan says any bitcoin regulation should be international
TOKYO (Reuters) – Any regulation of the bitcoin crypto-currency should involve international cooperation to avoid loopholes, Japanese vice finance minister Jiro Aichi said on Thursday.
Weather seems to blame for U.S. slowdown, Fed’s Yellen says
(Reuters) – Unusually harsh winter weather appears to be behind recent signs of weakness in the U.S. economy, Federal Reserve Chair Janet Yellen said on Thursday, suggesting the central bank was poised to press forward in ratcheting back its stimulus.
Jos. A. Bank rejects Men’s Wearhouse bid, says open to talks
(Reuters) – Men’s apparel retailer Jos. A. Bank Clothiers Inc rejected Men’s Wearhouse Inc’s revised takeover offer calling it inadequate, but said it was willing to talk with its larger rival about a higher bid.
Japan says any bitcoin regulation should be international
TOKYO (Reuters) – Any regulation of the bitcoin crypto-currency should involve international cooperation to avoid loopholes, Japanese vice finance minister Jiro Aichi said on Thursday.