EU Foreign Ministers Delay Russia Sanctions -- 2nd Update

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Laurence Norman and Naftali Bendavid BRUSSELS--European Union foreign ministers on Monday delayed for a week the implementation of sanctions against a new group of individuals and companies in Russia and eastern Ukraine, citing momentum behind a new peace initiative, ...

Dollar Weakens Amid Uncertainty in Europe

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By James Ramage The dollar fell against the yen and the euro on Monday as investors cut back on some of their largest bets, including those for a stronger U.S. currency, on concerns about Greece's future in the eurozone and ...

U.S. Banks Say Soaring Dollar Puts Them at Disadvantage

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Victoria McGrane, James Sterngold and Ryan Tracy WASHINGTON--The strengthening U.S. dollar is rippling through the financial system in unexpected ways, revealing what bankers say is a hidden flaw in a Federal Reserve proposal to increase capital cushions at the ...

China's Exports Post Surprise Drop in January -- 2nd Update

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By William Kazer BEIJING--China's exports posted a surprise drop in January, suggesting factories in the world's second-largest economy are struggling with slack demand abroad and a stronger currency while growth slows at home. Imports also fell sharply during the month, ...

Greek Leader Vows to Undo Austerity Moves

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

ATHENS--Greece unveiled plans Sunday to undo several austerity measures that were a condition of its international bailout, ranging from tax cuts to increasing the minimum wage, putting the country firmly on a collision course with its European partners. In a ...

Alibaba Invests in Chinese Smartphone Maker Meizu--Update

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Eva Dou BEIJING--E-commerce giant Alibaba Group Holding Ltd. will pay US$590 million for a minority stake in a Chinese smartphone maker as it looks to expand its presence in mobile technology. The Hangzhou based company said on Monday it ...

Greece Puts European Markets in a Funk -- Update

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Tommy Stubbington The tense standoff between Greece and its international creditors kept European markets under pressure Monday, extending a miserable run for Greek assets and pulling stocks sharply lower across the region. The moves came after Prime Minister Alexis ...

Arming Ukraine is a 'Logical Move,' Says Lithuania Minister

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Laurence Norman BRUSSELS--Sending defensive weapons to Ukraine is a "logical step," Lithuania's Foreign Minister, Linas Linkevicius, said Monday, breaking ranks with most of his European colleagues. Asked about the debate in the U.S. on whether to send defensive weapons ...

Greece Puts European Markets in a Funk

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Tommy Stubbington The tense standoff between Greece and its international creditors kept European markets under pressure Monday, pulling stocks sharply lower. The moves came after Prime Minister Alexis Tsipras at the weekend reiterated that he would refuse to accept ...

Oil Futures Volatile in Asian Trade

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Eric Yep Crude-oil futures were volatile in Asian trade Monday after last week's gains as investors weighed a further drop in rig counts in the U.S. and weak Chinese trade data. On the New York Mercantile Exchange, light, sweet ...

Funai Electric to Sell Kodak Printers

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Shawn Schroter TOKYO-- Funai Electric Co. said Monday it has entered into a licensing agreement with Eastman Kodak Co. to sell the latter's consumer and small office printer products world-wide. The Osaka-based discount appliance retailer, which is a main ...

MOL, Transpetrol Upgrade Oil Pipeline Between Hungary, Slovakia

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

BUDAPEST--Central European oil and gas firm MOL Nyrt, and Slovakian pipeline operator Transpetrol upgraded the Friendship oil pipeline between Hungary and Slovakia, the companies announced Monday. MAIN FACTS: - The companies spent $80 million on the renovation and the capacity ...

EU Foreign Ministers Delay Russia Sanctions -- Update

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Laurence Norman And Naftali Bendavid BRUSSELS--European Union foreign ministers, citing momentum behind a new peace initiative, on Monday delayed for a week the implementation of sanctions against a new group of individuals and companies in Russia and eastern Ukraine, ...

India Oct-Dec, Fiscal Year GDP -- Table of Data

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

GDP By Sector FY14-15 FY14-15 3Q Agriculture -0.4% +1.1% Mining +2.9% +2.3% Manufacturing +4.2% +6.8% Utilities +10.1% +9.6% Construction +1.7% +4.5% Trade, Hotels +7.2% +8.4% Financial services +15.9% +13.7% Public administration, defense +20.0% +9.0% Write to Anant Vijay Kala at ...

Greece Casts Shadow Over European Markets -- 4th Update

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Tommy Stubbington Greek markets tumbled on Monday after Prime Minister Alexis Tsipras stuck to his commitment that he would refuse to accept an extension of Greece's international bailout, heightening fears that the country could default on its debt, or ...

German Arms Exports Fall to Lowest Level in Eight Years

TODAY: April 21, 2015 PUB DATE: Feb. 9, 2015

By Andrea Thomas BERLIN--The approval of German arms exports fell to its lowest level in eight years in 2014, the economics ministry said Monday, highlighting Berlin's attempts to reduce the country's role as one of the world's leading exporters of ...