World stock markets powered higher Thursday, sweeping aside worries about a flagging global economy after the U.S. Federal Reserve said it would remain �patient� in its approach to raising interest rates.
MOSCOW (Reuters) - President Vladimir Putin said on Thursday Russia's economy would rebound after the ruble's collapse against the dollar but warned that it could take two years for the country to emerge from crisis.
ALBANY, NY/NEW YORK (Reuters) - New York state will ban hydraulic fracturing after a long-awaited report concluded that the oil and gas extraction method poses health risks, Governor Andrew Cuomo's administration said on Wednesday.
... * Business morale rises for 2nd consecutive month in Dec. * Ifo says firms are more upbeat about future prospects. * Engineers expect faster output growth of 2 pct next year (Adds economist quotes, detail, context).
As Mario Draghi prepares to push the European Central Bank into quantitative easing, he's counting the cost of alienating its home nation.