MOSCOW - Russian President Vladimir Putin addressed his nation Thursday amid the worst economic crisis of his 15-year reign. He blamed "external factors" for the current woes and said recovery is about two years away.
... * Imposes interest rate of -0.25 pct on sight deposits. * Expands Libor target range to -0.75 pct to 0.25 pct. * SNB's Jordan says could cut rates further.
California's chief utility regulator is expected to address alleged backroom dealings with the state's largest utility when he presides over his last voting meeting of the five-member commission Thursday.
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.
FRANKFURT--German business confidence improved for the second consecutive month, a key indicator showed Thursday, as the eurozone's largest economy benefits from lower oil prices and a weaker euro.