Deutsche Post not interested in TNT Express: CFO
NEW YORK (Reuters) - Germany's Deutsche Post (DPWGn.DE) is not interested bidding for TNT Express (TNTE.AS) after UPS (UPS.N) said it was dropping its 5.2 billion euro bid for the Dutch delivery firm, its finance chief said.
"We're pursuing an organic growth strategy, so we are not interested in acquisitions of any kind in the express business, including TNT," he told Reuters in an interview on Monday.
WASHINGTON - U.S. hiring likely picked up enough in February to keep the Federal Reserve on track in reducing its monetary stimulus.
- U.S. small businesses borrowed more money in January than they did a year earlier, signaling continued growth in the economy despite a spate of cold weather that has been blamed for weakness in many other indicators of activity.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.