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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

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

Airbus Group CEO says not ready for retirement: report

PARIS - Airbus Group Chief Executive Tom Enders has given the strongest hint yet that he may seek a new term as head of Europe's largest aerospace company, telling a French newspaper he does not feel ready for retirement when his mandate expires next year.

28 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

Hyundai recalls more than 200,000 Elantras over steering problem

WASHINGTON - Hyundai Corp is recalling 204,768 Elantras because of a power steering defect that might cause the cars to suddenly revert to manual steering, the company said Saturday in a report filed with U.S. auto safety regulators.

28 Feb 2015

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