Business Today: Shares fall, euro at 2014 high on euro zone inflation

		Click to View in Browser 02/28/2014 Shares fall, euro at 2014 high on euro zone inflation LONDON (Reuters) - European stocks fell on Friday and the euro rose to its highest level this year after euro zone inflation unexpectedly held steady this month, cooling growing expectations the European Central Bank might ease monetary policy as early as next week. Fourth-quarter growth cut to 2.4 percent WASHINGTON (Reuters) - The U.S. government slashed its estimate for fourth-quarter growth as consumer spending and exports were less robust than initially thought, leaving the economy on a more sustainable path of modest expansion. EU-U.S. trade talks face growing hostility, ministers warn ATHENS (Reuters) - Free-trade talks between the United States and the European Union are in danger of being derailed by populist groups opposing everything from globalization to multinationals, EU ministers and business leaders said on Friday. Euro zone inflation stabilizes in 'danger zone' BRUSSELS (Reuters) - Euro zone inflation stabilized in the European Central Bank's "danger zone" in February but did not fall as expected, making it less likely the ECB will loosen monetary policy further at its monthly meeting next week. Mt. Gox files for bankruptcy, blames hackers for losses TOKYO (Reuters) - Mt. Gox, once the world's biggest bitcoin exchange, filed for bankruptcy protection in Japan on Friday, saying it may have lost nearly half a billion dollars worth of the virtual coins due to hacking into its faulty computer system. Japan's factory output jumps, inflation up but anxiety lingers TOKYO (Reuters) - Japan's factory output rose in January at the fastest pace in more than two years and core inflation hovered at five-year highs, suggesting the economy has enough momentum to withstand an expected hit from a sales tax hike scheduled for April. Insight: Mt. Gox: a quick rise and even faster fall (Reuters) - Mt. Gox filed for bankruptcy on Friday but bitcoin insiders say its downfall began nearly a year ago as the virtual currency exchange tangled with regulators, split from former business partners and grappled with cyber attacks. Mexican telecoms bill to raise pressure on Slim: draft MEXICO CITY (Reuters) - Mexico will give its new telecoms regulator sweeping powers to police dominant telecommunications companies, right down to their prices and discounts, according to a draft bill that fleshes out a constitutional reform passed last year. EBay founder rejects Icahn's call for PayPal spinoff (Reuters) - EBay Inc founder and Chairman Pierre Omidyar rejected investor Carl Icahn's call to separate the company's fast-growing PayPal payments unit, saying the businesses were better off together. Weather seems to blame for U.S. slowdown, Fed's Yellen says (Reuters) - Unusually harsh winter weather appears to be behind recent signs of weakness in the U.S. economy, Federal Reserve Chair Janet Yellen said on Thursday, suggesting the central bank was poised to press forward in ratcheting back its stimulus. Related Video Ukraine call for $35 billion is too high – HIS In the Boardroom: Pope shakes up Vatican governance Economic News Fourth-quarter growth cut to 2.4 percent EU-U.S. trade talks face growing hostility, ministers warn A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend