LONDON The euro slipped back towards seven-month lows, bond yields fell and European shares rallied on Thursday as talk of aggressive stimulus from the European Central Bank next week gained ground.
LONDON Britain's financial watchdog has fined Barclays (BARC.L) 72 million pounds ($109 million) for cutting corners in checking wealthy customers involved in a huge transaction described by one senior manager as potentially the "deal of the century.
It's the biggest health care deal ever and the largest so-called inversion in history, a tax-saving maneuver in which a USA company reorganizes in a country with a lower corporate tax rate.
Oil prices fell on Thursday amid signs of robust U.S. production despite data showing a lower-than-expected increase in U.S. oil inventories and a decline in the number of working oil-rigs in the country.
TOKYO—Japanese Prime Minister Shinzo Abe said Thursday he would increase spending on social programs and raise the minimum wage as he tries to jump-start the flagging economy ahead of an election next summer.