BRIEF-Accenture to buy First Annapolis
* Accenture to acquire First Annapolis, enhancing its consulting and advisory capabilities in payments
SEOUL Jan 29 The chief executive of South Korean steelmaker POSCO, Chung Joon-yang, said the steelmaker expected its earnings to improve "significantly" in the January to March period from the preceding quarter, driven by lower costs of raw materials and recovery in steel prices in China.
The CEO made the remarks after POSCO reported a 51 percent slump in quarterly operating profit as tepid demand and falling prices offset lower raw material costs helped by a firmer local currency.
WASHINGTON, March 23 Minneapolis Federal Reserve Bank President Neel Kashkari said on Thursday that the U.S. education system needs an overhaul and called for more parental choice, failing schools to be shut down and additional research to tackle issues.