LONDON - Global equities headed for their biggest two-week drop since June and the dollar hit 5-year highs against the yen on Friday amid concern the U.S. Federal Reserve could start scaling back its stimulus as early as next week.
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- Qualcomm says COO Steve Mollenkopf to become CEO in March
- UK central bank chief Carney sees deal in 2014 over shouldering bank losses
- China to keep policy and growth steady in 2014, push reform
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Recent Business News
FRANKFURT - Volkswagen said on Friday its group vehicle sales rose 4.3 percent in November, boosted by strong growth in China, where sales increased 16.7 percent.
BRUSSELS - The number of people with jobs in the euro zone was unchanged for the second consecutive quarter in the three months to September, showing the bloc's economic recovery has not yet filtered through to the labor market.
NEW YORK - Machinist union leaders on Thursday rejected a second offer from Boeing Co covering production of its new 777X jetliner, which the firm wants to build in Washington state.
DETROIT - Honda Motor Co is recalling 19,197 of its model year 2014 Acura MDX luxury sport utility vehicles in the United States due to potential problems with propeller shafts, the company and U.S. government regulators said on Friday.
The government has started using manual work-arounds for the various software errors that plague HealthCare.gov, as enrollment starts to increase.