WASHINGTON, Reuters - The number of Americans filing new claims for unemployment benefits last week increased to the highest level since early September, but the underlying trend continued to point to a strengthening labor market.
(Reuters) - Citigroup Inc, in the midst of a pullback from consumer banking in several international markets, eked out a slim fourth-quarter profit after taking charges of $3.5 billion to settle legal claims and overhaul its operations.
LONDON (Reuters) - Oil prices steadied on Thursday, firming as the dollar weakened, despite OPEC forecasts of lower demand for its oil this year and another cut in oil price forecasts by a major U.S. bank.
NEW YORK/SEOUL (Reuters) - Samsung Electronics recently offered to buy BlackBerry Ltd for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market, according to a person familiar with the matter and documents seen by Reuters.
ZURICH (Reuters) - The Swiss National Bank (SNB) shocked financial markets on Thursday by scrapping a three-year-old cap on the franc, sending the safe-haven currency soaring through the 1.20 per euro limit and stoking fears about the export-reliant Swiss economy.