President Vladimir Putin said the central bank shouldn't waste reserves on the market to help protect the ruble as he told Russians to brace for recession.
... * 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).
LONDON (Reuters) - The Swiss franc tumbled on Thursday as its central bank slapped a charge on deposits, wary of a flood of money exiting Russia and the likely pressure from the euro zone if the ECB starts full-scale money printing early next year.
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.
The shares of FedEx Corporation (NYSE:FDX) fell nearly five percent after the company announced lower-than-expected second quarter 2015 financial results.