Merger Talk Among European Telecoms Reaches Fever Pitch

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Ruth Bender BARCELONA--Talk of mergers among telecom firms in France has been so intense that executives are openly joking about it. "Hey so who is buying Bouygues Telecom: You or us?," Altice SA Chief Executive Dexter Goei quipped to ...

Global Markets Rally -- 3rd Update

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Tommy Stubbington Heavyweight central banks gave a strong message of support to markets Friday prompting a rally around the world. Stocks and bonds in Europe surged after European Central Bank President Mario Draghi underlined his message that the central ...

European Stocks Surge on Draghi Stimulus Comments -- 2nd Update

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Tommy Stubbington Heavyweight central banks turned on the taps Friday and markets rallied around the world. Stocks and bonds in Europe surged after European Central Bank President Mario Draghi underlined his message that the central bank is ready to ...

Greece Expects Primary Budget Surplus for 2015

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

ATHENS--Greece's 2015 budget, submitted by the government to parliament on Friday, aims to meet the fiscal demands of the country's creditors but comes without the prior approval of its troika of international inspectors. According to the budget, Greece will achieve ...

Mexico's Economy Advances Moderately in Third Quarter

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Anthony Harrup MEXICO CITY--Mexico's economic recovery continued at a moderate pace in the third quarter, with gains in agriculture, industry and services all contributing to growth. Gross domestic product expanded 2.2% in the July-September period, compared with the third ...

EUROPE MARKETS: European Stocks Enjoy China, Draghi Economic-policy Pop

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Carla Mozee, MarketWatch Stoxx Europe 600 headed toward two-month high LONDON (MarketWatch) -- Equities across Europe jumped Friday as central banks in China and Europe announced fresh measures to jump start their respective slumping economies. During the European trading ...

EUROPE MARKETS: European Stocks Enjoy China, Draghi Economic-policy Pop

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Carla Mozee, MarketWatch Stoxx Europe 600 headed toward two-month high LONDON (MarketWatch) -- Equities across Europe jumped Friday as China's central bank cut interest rates and Europe's central bank signaled it may expand efforts to aid the eurozone's slumping ...

Global Markets Rally on China, Draghi

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Corrie Driebusch And Tommy Stubbington Global financial markets rallied Friday after China's central bank cut interest rates and the European Central Bank's president reiterated that the institution was ready to expand its stimulus program. The moves underscored the willingness ...

Mexico's Economy Advances Moderately in Third Quarter -- 2nd Update

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Anthony Harrup MEXICO CITY--Mexico's economic recovery continued at a moderate pace in the third quarter, with gains in agriculture, industry and services all contributing to growth. Gross domestic product expanded 2.2% in the July-September period, compared with the third ...

Global Markets Rise on China, Draghi

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Corrie Driebusch And Tommy Stubbington Global financial markets rose Friday after China's central bank cut interest rates and the European Central Bank's president reiterated that the institution was ready to expand its stimulus program. The moves underscored the willingness ...

Brazil's Rousseff Seen Close to Naming New Finance Minister -- Update

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Paulo Trevisani And Rogerio Jelmayer BRASÍLIA--Brazilian President Dilma Rousseff may be close to naming a new finance minister, and three candidates are under serious consideration, an official close to the president said. The three candidates are former Treasury chief ...

Argentina's Economy Shrinks In September

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Taos Turner BUENOS AIRES--Argentina's economy shrank slightly in September as high inflation and declining purchasing power curbed sales and industrial production. A proxy for economic growth published by the government fell 0.2% on the year, the national statistics agency ...

Korea Gas Seeks to Sell Part of LNG Canada Stake

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

By Chester Dawson CALGARY-- Korea Gas Corp. is seeking to sell part of its 15% stake in a Royal Dutch Shell PLC-led natural gas export terminal planned for the Pacific coast of Canada, according to a spokesperson for the project. ...

China Central Bank Cuts Interest Rates -- Update

TODAY: Nov. 24, 2014 PUB DATE: Nov. 21, 2014

BEIJING--China cut lending rates for the first time in more than two years, in an acknowledgment that its piecemeal efforts to bolster its flagging growth have failed. The surprise move by the People's Bank of China on Friday comes amid ...