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U.S. jobless claims rise but still close to 14-year low

The number of Americans filing new claims for unemployment benefits rose more than expected last week, yet it remained near a 14-year low in a reminder that the labor market appears to be moving toward full health.


Fresenius Medical takes over U.S. healthcare group Cogent

Germany's Fresenius Medical Care (FMEG.DE) said it agreed to take over Cogent Healthcare, a U.S. provider of specialist physicians to hospitals, as part of its drive to offer additional services linked to its core business of kidney dialysis.

ECB warned euro zone inflation, growth to be lower than expected

A large group of professional forecasters cut their outlook for euro zone inflation and growth, underlining a trend that could prompt the European Central Bank to take more policy action to kick-start the region's flagging economy.

China's banks to raise $10 billion in year-end preference share bonanza

Three of China's top 10 banks plan to issue up to 60 billion yuan ($9.79 billion) of preference shares by the end of the year, according to filings with the Shanghai Stock Exchange.


Latest News

Japanese companies overwhelmingly want Prime Minister Shinzo Abe to delay or scrap a planned tax increase, a Reuters poll shows, highlighting concerns that it could derail a fragile economic recovery.
Watch NBA live between the Sacramento Kings who will visit the Memphis Grizzlies Thursday night on November 13, 2014.
Jessica Lange, who had previously stated that the fourth season of 'American Horror Story' would be her last, is now open to one more season.
Craig Johnson, author of the novels that 'Longmire' is based on, has announced that the show may have a new network secured by December.
Watch NBA Live for free via online streaming between the Philadelphia 76ers on the road against the Dallas Mavericks Thursday night on November 13, 2014.
EXO-K and EXO-M recently had a dance showdown in their new commercial for a sportswear brand. Super Junior M's Zhoumi commended and thanked Chanyeol for his rap performance in "Rewind." Meanwhile, EXO leader, Suho, visited his close friend ZE:A’s Kwanghee in the latter's cooking show, "Love Recipe."
Lee Min Ho’s drama ‘Faith’ was recently named as best Korean drama in Japan. The actor will be receiving the Prime Minister Commendation in the upcoming ‘Korean Pop Culture and Arts Awards, along with fellow actor Kim Soo Hyun. Meanwhile, event organizers recently cancelled Re: Minho in Singapore through an official statement.
Ukraine will be forced to buy coal from Russia to get through the winter, a serious setback to the country's efforts to lessen energy dependence on its powerful neighbor, Ukrainian Energy Minister Yuri Prodan said on Wednesday.
NBA rumors surrounding veteran free agent Ray Allen who will sign with a contender some time this season according to numerous sources around the league.
J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Wednesday but said same-store sales were flat and slightly cut its full year revenue forecast, sending shares of the department store chain lower in extended trade.