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ECB braces for QE as others shift rates

BRUSSELS - Greek funding and quantitative easing in Europe, an expected rate cut in Australia and the buoyant U.S. labor market are set to be the focus of an economic week dominated by a host of central bank meetings.

Recent Business News

New Internet rules set up industry's next battle

BARCELONA/BRUSSELS - New rules that aim to protect the openness of the Internet will allow telecom and cable groups to prioritize and earn potentially vast income from some types of data, setting up likely clashes with regulators in the future.

10:47am EST

Iraq minister sees oil at $64 to $65 per barrel

BAGHDAD - Iraq's Oil Minister Adel Abdel Mehdi said on Sunday world oil prices were gradually rebounding and he expected to see a barrel of crude selling at around $65.

10:41am EST

Schaeuble expects Germany to boost spending on defense, security

BERLIN - Germany will spend more on defense in coming years in response to growing global instability, Finance Minister Wolfgang Schaeuble said in an interview published on Sunday.

7:18am EST

Jobs report may test market's complacency

NEW YORK - The U.S. stock market has been quiet this week - too quiet.

27 Feb 2015

U.S. economy slowed in fourth quarter, but growth outlook still favorable

WASHINGTON - U.S. economic growth braked more sharply than initially thought in the fourth quarter amid a moderate increase in business inventories and a wider trade deficit, but strong domestic demand brightened the outlook.

27 Feb 2015

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