Thu Feb 4, 2016/Reuters Asian shares rallied on Thursday as speculation the U.S. Federal Reserve might opt to not raise interest rates at all this year hammered the dollar and sparked a huge rally in oil prices. By some measures the U.S. currency suffered its largest one-day percentage drop outside […]
Tag: Reuters
MTN hires former U.S. attorney general to help on Nigeria fine: FT
Wed Feb 3, 2016/Reuters MTN Group has hired a former top U.S. law enforcement official to help challenge a $3.9 billion fine imposed by Nigeria for failing to disconnect unregistered users, the Financial Times reported on Wednesday. Citing people familiar with the situation, the newspaper said former U.S. Attorney General […]
Wall St. turns negative after weak services data
Wed Feb 3, 2016/Reuters By Tanya Agrawal U.S. stocks gave up early gains and turned negative on Wednesday after data showed that the economy’s service sector expanded at a slower-than-expected rate, raising concerns that weakness in manufacturing is spreading to other sectors. The Institute for Supply Management (ISM) said its […]
