French Consumer Spending Rebounds in May

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By William Horobin PARIS--French consumer spending rebounded in May as households stepped up their spending on energy, official data showed Friday. Consumer spending in the euro zone's second-largest economy rose 1% in May from April, when it contracted 0.2%, the ...

Fresenius Medical Invests $600 Million in Sound Physicians

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By Neetha Mahadevan FRANKFURT--Fresenius Medical Care AG & Co. KGaA (FMS) said Friday it will be become a majority shareholder in Sound Inpatient Physicians Inc after investing $600 million in U.S-based healthcare service provider, as part of a recapitalization of ...

Ahold Gets Preliminary Czech Approval to Buy SPAR Business

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

Dutch retailer Koninklijke Ahold N.V. (AH.AE) said Friday it has received preliminary approval from the Czech competition authority to acquire SPAR's business in the country. However, the competition authority has stipulated that after completion of the acquisition, Ahold must sell ...

Belgium Inflation At Lowest Level Since December 2009

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By Frances Robinson BRUSSELS-- Belgium's rate of inflation dropped to the lowest level since December 2009 in June, and the price of food turned deflationary, the country's central bank said Friday. Inflation fell to 0.27% in June from 0.36% in ...

Chinese City of Hohhot Reverses Course on Home-Purchase Curbs

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By Esther Fung SHANGHAI--A city in northern China reversed course twice this week and is now dropping its limits on the purchase of second homes, in a sign of the uncertainties in China's softening property market. A statement on the ...

Canada Producer Prices Decline 0.5% in May on Energy

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By Paul Vieira OTTAWA--Canadian producer prices declined unexpectedly in May on lower energy and petroleum prices, while the raw materials price index fell for the first time in six months, Statistics Canada said Friday. Canada's industrial pro duct price index ...

Reuters/Mich Sentiment Tops Expectations

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

U.S. consumers are less worried about the economy as June draws to a close, according to one survey of households released Friday. The Thomson-Reuters/University of Michigan final June sentiment index increased to 82.5 from an unexpectedly weak preliminary reading of ...

UK Investment, Trade Aided First-Quarter Growth

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By Jason Douglas and Ilona Billington LONDON--Britain's balance of payments with the rest of the world improved in the first quarter and business investment was higher than initially thought, signs that a recovery that began with consumer spending is broadening ...

U.S. Stock Futures Edge Lower

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By Tomi Kilgore U.S. stock futures slipped Friday, with blue chips headed for the second-weekly loss in three weeks amid lingering concerns over economic growth. About 90 minutes ahead of the open, Dow Jones Industrial Average futures slipped 21 points, ...

CURRENCIES: Dollar Index At Five-week Low

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By Saumya Vaishampayan, MarketWatch NEW YORK (MarketWatch) -- The dollar on Friday was on track to post weekly losses against major rivals, with a popular gauge of the currency's strength falling to its lowest level in more than five weeks. ...

Merck KGaA Launch of compulsory acquisition procedure

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

TIDMMRK RNS Number : 7718K Merck KGaA 27 June 2014 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE ...

UK Consumer Confidence at Over Nine-Year High in June

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By Ilona Billington LONDON--British consumers were the most confident they've been in over nine years in June, a survey showed Friday, with expectations for the economy providing the biggest boost to their outlook. The monthly GfK consumer confidence index rose ...

Dollar Hits One-Month Low Against Yen As Nikkei Drops

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By Hiroyuki Kachi The dollar slid against the yen in Asia trade Friday, hitting a one-month low at one point, with the greenback eroded by worsening sentiment due to weakness in stock markets and downbeat U.S. economic data. As of ...

Net trade surplus at SEK 0.2 billion in May

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

Press release from Statistics Sweden 2014-06-27 9:30 AM Nr 2014:416 Exports, imports and net trade balance, May 2014: Net trade surplus at SEK 0.2 billion in May In May 2014 Swedish exports of goods amounted to SEK 94.2 billion, while ...

Malaysia GDP Seen Growing 5.4% in 2014, 4.6% in 2015 -World Bank

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

By Jason Ng KUALA LUMPUR, Malaysia--Malaysia's economy will grow 5.4% this year thanks to improving exports but will slow to 4.6% in 2015, the World Bank said Friday. Domestic demand will be slowed by higher interest rates and government moves ...

Falling U.S. Yields Pressure Dollar

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

A renewed slide in U.S. government bond yields continued to exert downward pressure on the dollar Friday, particularly against the yen. The Japanese currency hit a one-month high against the dollar, in line with its reliable inverse relationship with U.S. ...

Liberty Global Launches Offer for Ziggo

TODAY: Oct. 23, 2014 PUB DATE: June 27, 2014

U.S. media mogul John Malone's Liberty Global PLC (LBTYB) has officially launched its 35.74 euro ($48.67) share and cash offer for Dutch cable company Ziggo NV (ZIGGO.AE), after months of talks which started as far back as last August. Under ...