BEIJING (Reuters) - China plans to run its biggest budget deficit in 2015 since the global financial crisis, stepping up spending as Premier Li Keqiang signaled that the lowest rate of growth in a quarter of a century is the "new normal" for the world's No.2 ...
... * AbbVie to pay $261.25 per share in cash and stock. * Price at 13 pct premium to Pharmacyclics' Wednesday close. * Deal cuts reliance on Humira; expected to close mid 2015 (Adds analyst reaction, drug sales forecasts, J&J reaction).
NICOSIA/FRANKFURT (Reuters) - Keen to keep a low profile over the Greek crisis, the European Central Bank will focus on improved growth prospects on Thursday and unveil some but not all the details of its 1 trillion euros-plus bond buying plan.
(Bloomberg) -- Emerging-market stocks headed for their longest losing streak since December as technology shares slid and China set the lowest economic growth target in more than 15 years.
BERLIN (Reuters) - German industrial orders fell far more than forecast in January, posting their largest drop since August, data showed on Thursday, casting a shadow over what had previously looked like a strong start to 2015 for Europe's largest economy.