Business Blog

GLOBAL MARKETS-Euro hits two-year low, yields dip after Draghi comments

* European stocks finish slightly higher; Wall Street flat* ECB&aposs Draghi promises more easing* Dollar regains traction, oil remains under pressure(Adds close of European markets)By Chuck MikolajczakNEW YORK, Nov 6 (Reuters) - The euro slumped to a two-year low and European government bond yields dipped on Thursday after European Central Bank chief Mario Draghi reiterated plans to revive the st
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GLOBAL MARKETS-Euro hits two-year low, yields fall after Draghi

* Euro touches two-year low after Draghi statement* European stocks pullback from highs, Wall Street flat* Dollar regains traction, oil remains under pressure(Updates to U.S. markets open, changes dateline; previous LONDON)By Chuck MikolajczakNEW YORK, Nov 6 (Reuters) - The euro slumped to a two-year low and peripheral European government yields fell on Thursday after ECB chief Mario Draghi reiter
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Saudi's Mobily scraps Q3 dividend after earnings error

Saudi Arabia's Etihad Etisalat (Mobily), which has seen its share price fall by the daily limit for three straight days since reporting an accounting error on Monday, said it would not distribute a dividend for the third quarter.

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GLOBAL MARKETS-Euro hits two-year low as Draghi wins balance sheet battle

* Euro at two-year low as Draghi wins battle against ECB hawks* European stocks jump 1 percent, Wall Street starts flat* Dollar regains traction, commodities remain under pressureBy Marc JonesLONDON, Nov 6 (Reuters) - The euro slumped to a two-year low and shares jumped on Thursday after ECB chief Mario Draghi fended off complaints about his leadership style and firmed up a promise of 1 trillion e
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Keeping Argentina dancing the tango

How one Argentine university is to produce the country's first home-grown bandoneon, the concertina musical instrument essential for tango performances.

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GLOBAL MARKETS-Euro edges higher, stocks sag before ECB meeting

* Euro nudges up, eyes ECB meeting after report of internal rift* European stocks drop 0.4 percent after recent big gains* Dollar rally eases, commodities remain under pressure* EM, commodity-linked currencies strainedBy Marc JonesLONDON, Nov 6 (Reuters) - The euro edged higher and European stocks pulled back on Thursday as investors waited to see what message ECB chief Mario Draghi will send afte
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