Franc falls as Swiss go sub-zero; stocks jump after Fed

LONDON - The Swiss franc tumbled on Thursday as its central bank slapped a charge on deposits, wary of a flood of money exiting Russia and the likely pressure from the euro zone if the ECB starts full-scale money printing early next year.

Recent Business News

Takata says has sufficient funds to deal with recalls: Nikkei

TOKYO - Air bag maker Takata Corp has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company executive told the Nikkei newspaper.

17 Dec 2014

Deutsche Bank says to review strategy, no comment on Postbank sale report

FRANKFURT - Deutsche Bank AG said it would review its strategy in 2015 after a business magazine said it was considering major changes, possibly including the sale of its Postbank-branded retail unit and a revision of its profit targets.

5:51am EST

U.S. consumer prices fall on gasoline; rate hike likely in 2015

WASHINGTON - U.S. consumer prices recorded their biggest drop in nearly six years in November as gasoline prices tumbled, but did little to change views the Federal Reserve would start raising interest rates in mid-2015.

17 Dec 2014

Top Herbalife salesman acknowledges high failure rate in video

BOSTON - A top Herbalife salesman said that most people who sell the company's weight loss and nutrition products are doomed to fail, adding fresh grist to accusations by a hedge fund manager that the company is a fraud.

Boeing to make 754 commercial jet deliveries in 2015: trade group

SEATTLE - Boeing Co will deliver a record 754 commercial aircraft in 2015, an increase of up to 5.5 percent, the U.S. Aerospace Industries Association forecast on Wednesday, reflecting expectations of steadily rising production at the world's biggest plane maker.

17 Dec 2014


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