FRANKFURT (Reuters) - The European Central Bank agreed on Thursday to embark on a quantitative easing (QE) programme that will see it print money to buy up 60 billion euros worth of sovereign bonds from March until the end of September next year.
(Reuters) - Verizon Communications Inc's quarterly revenue rose 6.8 percent due to an increase in subscribers who pay for services after use, and a rise in average revenue per account as users added more devices to shared data plans.
LONDON (Reuters) - Brent crude oil crept above $50 a barrel on Thursday ahead of an expected decision by the European Central Bank (ECB) to start buying bonds, a move that could push the dollar to new highs and put downward pressure on commodities.
SEOUL (Reuters) - Hyundai Motor Co announced its biggest-ever dividend on Thursday to appease shareholders angered by a $10 billion property buy, but the payout failed to distract investors from growth prospects clouded by declines in the rouble and yen.
WASHINGTON (Reuters) - Most U.S. states expect to hit their revenue targets this fiscal year, but at least six states say they could fall short, the National Conference of State Legislatures said on Wednesday.
FRANKFURT (Reuters) - The European Central Bank kept the cost of borrowing unchanged on Thursday and remains poised to announce a plan to buy government bonds with new money, its last gambit for breathing life into a euro zone economy.