IMF urges central banks to be aware of impact on others
WASHINGTON (Reuters) – The International Monetary Fund on Thursday urged central banks to keep in mind the consequences their actions have on other countries, echoing the recent calls for greater monetary policy coordination.
Investors dump Twitter stock as results divide Wall Street
(Reuters) – Twitter Inc’s shares fell almost 25 percent on Thursday, wiping out about $9.8 billion in market value, after the company reported a sharp slowdown in user growth.
As losses mount, Sony’s Hirai seeks cure for TV business in spinoff
TOKYO (Reuters) – Sony Corp Chief Executive Offer Kazuo Hirai is seeking to cure a TV business that has lost $7.8 billion over a decade by isolating it to speed up decisions on future strategy.
Barclays to pay nearly $4 billion in bonuses: Sky
LONDON (Reuters) – British bank Barclays will pay up to 2.4 billion pounds ($3.9 billion) in bonuses to staff for 2013, Sky News said, a year when it asked shareholders for nearly 6 billion pounds to bolster capital, and an 11 percent rise from 2012.
Eurex rejects calls to void DAX futures trade after halt
FRANKFURT (Reuters) – Europe’s leading derivatives exchange rejected requests to void trades made during an abnormal plunge in German equity futures shortly after the European Central Bank announced its latest rate decision.
Credit Suisse misses profit forecast after legal charges
ZURICH (Reuters) – Credit Suisse showed on Thursday that an overhaul of its investment bank will take time to pay off after reporting flat fourth-quarter net profits that missed forecasts due to higher legal costs in the United States.
Retailers’ sales chilled by weather, low consumer confidence
(Reuters) – January was a tough end to a tough holiday season for U.S. retailers.
Fox’s revenue rises as cable business grows
(Reuters) – Rupert Murdoch’s 21st Century Fox, the television and film company that split from News Corp last June, posted higher December quarter revenue, driven by advertising growth at its sports channels and European satellite business.
U.S. trade deficit widens in December as exports fall
WASHINGTON (Reuters) – The U.S. trade deficit widened more than expected in December as exports fell, which could see the advance fourth-quarter growth estimate trimmed.
Airbus says had no role in French business visit to Iran
SINGAPORE (Reuters) – Planemaker Airbus said on Thursday it had not been part of a visit by a French business delegation to Iran this week, the most senior French trade mission to the country in years.
