European Central Bank President Mario Draghi (L), EU Economic ...
Feb 27th, 2012
(Reuters) - European Central Bank President Mario Draghi (L), EU Economic and Monetary Affairs Commissioner Olli Rehn and Danish Economy Minister Margrethe Vestager (R) attend a news conference as part of Group of Twenty (G20) leading economies' finance ministers and central bankers in Mexico City February 26, 2012. REUTERS/Bernardo Montoya (MEXICO - Tags: BUSINESS POLITICS) -
By Kate Holton and Paul Sandle LONDON (Reuters) - Vodafone will reinvest a $3.2 billion (2.1 billion pounds) dividend from its healthy U.S. arm to counter weakness in southern Europe that contributed to the largest ever quarterly fall in the group's main revenue measure. The British firm is trying to decide whether to sell Verizon Wireless, it... [Full Article]
NEW YORK (Reuters) - World stock indices hit their highest levels in almost five years on Tuesday, with the German benchmark joining the S&P 500 at a record high after unexpectedly strong data amid signs top central banks will remain supportive of growth. Wall Street edged up at the open, with the S&P touching an intraday high of 1,623.74. ... [Full Article]
(Reuters) - SoftBank Corp would appoint a "security director" to Sprint Nextel's board if its takeover bid succeeds, and would give the U.S. government the right to approve the nominee, an attempt to address security concerns raised by the proposed deal. Sprint said in a filing with the U.S. Securities and Exchange Commission on May ... [Full Article]
By Stanley White and Leika Kihara TOKYO (Reuters) - The Bank of Japan kept policy steady on Wednesday despite concerns over recent volatility in bond market, saying growth is starting to pick up even as risks loomed from an uncertain global outlook. The central bank upgraded its assessment of the economy, saying it "has started picking up,&quo... [Full Article]