FRANKFURT The European Central Bank said on Thursday it was holding its 60 billion euro a month asset purchase limit unchanged but raised the amount of any one issue it could buy to 33 percent from 25 percent.
The U.S. Federal Reserve will need to raise interest rates soon if the dollar is to push much higher, according to a Reuters poll of foreign exchange strategists.
AOL, recently acquired by Verizon Communications Inc., VZ 1.00 % has agreed to buy Millennial Media Inc. MM 1.52 % for about $250 million, a move to grow its app monetization services.
Campbell Soup Co. CPB 1.92 % on Thursday offered earnings guidance for its newly started fiscal year that mostly exceeded Wall Street expectations, though profit and revenue for its latest quarter met consensus views.
Novartis has launched the first cut-price copy of an expensive biological drug in the US, opening the way for a new category of medicines that could shave billions of dollars off American healthcare costs.