Satya Nadella, Microsoft's chief, showing off a Nokia Lumia smartphone in April. Credit Robert Galbraith/Reuters. Continue reading the main story.
SIFI, of course, is the acronym for "systemically important financial institution," the regulatory designation for banks and other financial institutions that require extra measures of supervisory scrutiny.
Wall Street rose on corporate earnings and a benign US inflation reading, and as tensions eased in Ukraine. Cooperation between Russia and Ukraine over the MH17 plane crash site helped sentiment.
SYDNEY (Reuters) - The euro languished at multi-month lows against many of its peers early on Wednesday, having moved decisively lower overnight along with an eye-catching fall in the Swiss franc.
... * Agencies in United States, Europe move to ban flights. * FAA cites rocket strike near airport. * Israel transportation minister says Tel Aviv airport is safe (Adds State Department, senior administration official comments, paragraphs 10-13).