EU States Agree Compromise Over Unpaid Bills

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Laurence Norman BRUSSELS--The European Union completed its budget plans for 2014 and 2015 on Tuesday, as the bloc's lawmakers and member states struck a compromise that will see an extra EUR3.5 billion ($4.3 billion) in unsettled bills paid this ...

World Bank Cuts Russia's Growth Forecasts

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Alexander Kolyandr MOSCOW--The World Bank on Tuesday cut Russia's economic outlook for the next two years to reflect a decline in oil prices, Moscow's main export. It is the second time the bank has cut Russia's economic outlook for ...

Bank Of Russia Sold $1.93 Billion to Buoy Ruble

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Andrey Ostroukh MOSCOW--The Bank of Russia carried out its largest intervention so far this month on Friday, in an effort to ease pressure on the battered ruble, the bank's data showed Tuesday. The central bank sold $1.926 billion in ...

Spanish House Prices Rise Slightly in 3Q

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

MADRID--Spanish house prices rose slightly in the third quarter from a year earlier, the second consecutive quarterly increase, amid a tentative recovery for a much-battered property market still struggling with oversupply and spotty demand. Data from Spain's national statistics institute ...

European Stocks Plunge -- 2nd Update

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Josie Cox European stock markets plunged deep into the red Tuesday, roiled by economic growth fears in Asia, political uncertainty in Greece and the tumbling price of oil still battering shares in energy companies. By early afternoon, the Stoxx ...

Press Release: ECONOMIC GROWTH CONTINUES IN 2015; -5-

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

For the first half of 2015, non-manufacturing supply managers who report that their organizations engage in exporting are optimistic concerning their export business. Of the 29 percent of non-manufacturing business survey respondents who report that they export, 34 percent predict ...

NFIB: November Small-Business Optimism Index Increases to 98.1

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Kathleen Madigan Confidence among small-business owners moved up last month above its long-run average, according to a report released Tuesday. The gain could reflect optimism related to the coming change in Congressional leadership. The National Federation of Independent Business's ...

Putin to Visit India to Boost Trade and Investment Ties

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Raymond Zhong NEW DELHI--Russian President Vladimir Putin is scheduled to visit India starting Wednesday to boost trade and investment ties, as Moscow looks to deepen its commercial relations with Asia to offset Western sanctions. India, in turn, hopes Russia ...

ISM Says Businesses See Revenue, Jobs Growing in 2015

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

The U.S. expansion is expected to strengthen in 2015, according to surveys released Tuesday by the Institute for Supply Management. The semiannual forecasts of manufacturing and non-manufacturing supply executives show revenue, capital investment and employment are expected to grow at ...

ISM: Businesses See Revenue, Jobs Growing in 2015

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Kathleen Madigan The U.S. expansion is expected to strengthen in 2015, according to surveys released Tuesday by the Institute for Supply Management. The semiannual forecasts of manufacturing and non-manufacturing supply executives show revenue, capital investment and employment are expected ...

Nigeria's Growth to Slow in 2015, Says Finance Minister

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

Abuja, NIGERIA--Growth for Africa's largest economy and biggest oil exporter could slow by about a percentage point next year, Nigeria's finance minister said, as the country adjusts to falling crude prices. Africa's most populous nation is cutting spending on government ...

Nigeria's Growth to Slow in 2015, Says Finance Minister

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Drew Hinshaw Abuja, NIGERIA--Growth for Africa's largest economy and biggest oil exporter could slow by about a percentage point next year, Nigeria's finance minister said, as the country adjusts to falling crude prices. Africa's most populous nation is cutting ...

Fed Proposes Extra Capital Requirement

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

WASHINGTON--The Federal Reserve on Tuesday said the biggest U.S. banks should have to set aside additional capital based on size, reliance on volatile forms of short-term funding and how interconnected a bank is to the financial system. The proposal is ...

Broadcom Boosts Low End of Revenue View, Changes Compensation Plan

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Maria Armental Broadcom Corp. on Tuesday boosted its dividend, raised the low end of its projection for fourth-quarter revenue and unveiled changes to its compensation plan as part of a move to enhance its corporate governance. Chip maker Broadcom ...

Nuclear Energy Firms Raise Stakes in Projects

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Mari Iwata TOKYO--Nuclear energy companies are increasingly being asked to shoulder some of the cost of building new plants, as governments try to spread the risk involved in developing nuclear power. Europe's largest new nuclear power project, Moorside in ...

Oil Extends Losses, Hits Lowest Levels in Over Five Years

TODAY: March 1, 2015 PUB DATE: Dec. 9, 2014

By Eric Yep Crude-oil futures sank in Asian trade Tuesday, extending their losses to levels not seen in more than five years with market participants showing little confidence that the market will find a bottom soon. On the New York ...