Liberty Global Officialy Launches EUR35.74 Ziggo Offer

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

By Ian Walker 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 ...

Caesars to Close Showboat in Atlantic City -- Update

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

By Heather Haddon and Joshua Jamerson Caesars Entertainment Corp. said Friday that it would close the Showboat casino-hotel in Atlantic City this summer, dealing another blow to a resort city already reeling from increased competition and a yearslong decline in ...

Caesars to Close Showboat in Atlantic City -- Update

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

By Joshua Jamerson Caesars Entertainment Corp. said Friday that it would close the Showboat casino-hotel in Atlantic City this summer, citing a continued decline in business and the high property-tax burden in Atlantic City. Showboat will be fully operational until ...

Ukraine Cease-Fire to End If Talks Fail -- Update

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

By Laurence Norman, Lukas I. Alpert and Naftali Bendavid BRUSSELS--Europe and the U.S. on Friday gave Russia 72 hours to take concrete steps to calm tensions in Ukraine or face further sanctions, as Ukraine's president appeared set to extend a ...

Euro-Zone Mood Worsens Despite ECB Policy Shift

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

The European Central Bank's new measures to boost growth and the inflation rate across the euro zone seem to have inspired little fresh optimism among businesses and households about the single-currency area's economic prospects. A European Commission survey released Friday ...

EU Signs Pacts With Ukraine, Georgia, Moldova -- Update

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

By Naftali Bendavid and Laurence Norman BRUSSELS--The European Union and three of Russia's neighbors signed sweeping trade-and-political agreements Friday, pushing the bloc's influence eastward but potentially provoking fresh tensions with Moscow. The deals with Ukraine, Georgia and Moldova, which lower ...

Germany Backs Renewables Bill in EU Defiance

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

BERLIN--Germany's lower house of parliament Friday approved a bill that sets new levels of subsidies for renewable energies and surcharges for companies that generate their own electricity, intensifying a spat between Berlin and the European Union's executive arm that had ...

End-June Reuters/Mich Sentiment Rises to 82.5, Above Expectations

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

By Kathleen Madigan 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 ...

French Consumer Spending Rebounds

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

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 figures from national ...

CURRENCIES: Dollar Index Falls To Five-week Low

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

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

Ukraine Cease-Fire to End If Talks Fail -- Update

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

By Laurence Norman, Lukas I. Alpert and Naftali Bendavid BRUSSELS--European leaders on Friday gave Russia 72 hours to take concrete steps to calm tensions in Ukraine or face further sanctions, as Ukraine's president appeared set to extend a weeklong cease-fire ...

Brazil's Central Bank Sees Slower Inflation, But Dims Growth Outlook

TODAY: Oct. 30, 2014 PUB DATE: June 27, 2014

BRASILIA--Brazil's central bank on Thursday released its quarterly economic analysis, downgrading its growth outlook for this year and forecasting slower, though relatively high inflation into 2016. The report was the bank's first since monetary authorities in May halted a series ...

French Consumer Spending Rebounds in May

TODAY: Oct. 30, 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. 30, 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. 30, 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. 30, 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. 30, 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 ...