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  • WASHINGTON, Jan 28- TracFone, owned by America Movil SAB, has agreed to pay $40 million to reimburse customers who purchased prepaid unlimited data plans that turned out to have maximum limits, the Federal Trade Commission said on Wednesday. Netflix estimates that its customers uses about 1 gigabyte per hour of standard video streaming, according to its website.

  • NEW YORK, Jan 28- The dollar edged up and world stock indexes edged lower on Wednesday as investor focus turned toward the Federal Reserve, which will deliver a post-meeting statement later in the day. Worries that Greece's new government is heading for clashes with the rest of the euro zone over its debts weighed on European shares, while shares of Apple, which...

  • FOREX-Dollar firms in cautious trade before Fed statement Wednesday, 28 Jan 2015 | 11:27 AM ET

    NEW YORK, Jan 28- The U.S. dollar made a tepid advance against the euro and the Swiss franc on Wednesday but fell against the yen before a monetary policy statement from the Federal Reserve. The Fed is expected to release a statement at 2 p.m. EST following a two-day meeting. "This is not so much about the Fed, but whether the U.S. economy can live with a stronger dollar,"...

  • LONDON, Jan 28- Stocks and the dollar retrenched on Wednesday amid speculation the Federal Reserve will take a dovish turn in its post-meeting statement later as signs emerge that the greenback's strength is hurting company profits. Worries that Greece's new government is heading for clashes with the rest of the euro zone over its debts saw European shares...

  • *Surprise monetary easing in Singapore helps U.S. dollar. LONDON, Jan 28- The dollar climbed against a basket of currencies on Wednesday, recouping some of the previous day's sharp losses, although gains were muted before a statement from the Federal Reserve after its policy meeting. "The Fed is going to be patient and we could see investors price out chances of a...

  • *Dollar up on surprise monetary easing in Singapore. LONDON, Jan 28- Gold eased on Wednesday as the dollar steadied on expectations the Federal Reserve is unlikely to deliver significant changes to its policy outlook, though concerns about the global economy might push back the timing of a rate rise. "I don't think we can expect a big change in the Fed's policy...

  • STOCKHOLM, Jan 28- Sweden's central bank may be the next to adopt unconventional policies to fight falling prices, but it is unlikely to match the impact of others as the bond market is small, yields are low and banks are already flush with cash. The U.S. Federal Reserve and Bank of England have taken similar steps. While growth in Sweden looks relatively solid at an...

  • METALS-Copper edges higher ahead of Fed meeting Wednesday, 28 Jan 2015 | 6:12 AM ET

    *Copper down 13 percent in the year-to-date. LONDON, Jan 28- Copper rose on Wednesday, rebounding further from 5-1/ 2- year lows as the dollar eased off highs and traders took the opportunity to buy at still low prices ahead of the conclusion of a Federal Reserve meeting. Copper is still down 13 percent so far this month, extending a 20 percent loss registered over 2013...

  • LONDON, Jan 28- Stocks and the dollar retrenched on Wednesday amid speculation the Federal Reserve will take a dovish turn in its post-meeting statement later in the day. European shares gave back early gains, after stumbling for the first time in nine sessions on Tuesday, and after record profits for Apple and a surprise rate cut in Singapore had bolstered Asian...

  • *Surprise monetary easing in Singapore helps U.S. dollar. LONDON, Jan 28- The dollar rose against a basket of currencies on Wednesday, recouping some of the previous day's sharp losses, on expectations the Federal Reserve is unlikely to deliver significant changes to its policy outlook. "The Fed is going to be patient and we could see investors price out chances of a...

  • Hong Kong key index rose on Fed hopes Wednesday, 28 Jan 2015 | 3:13 AM ET

    Jan 28- Hong Kong's key share index rebounded on Wednesday as investors speculated that the Federal Reserve may delay raising interest rates until the second half of the year. Among the most actively traded stocks on Hong Kong's main board were CCT Land Holdings Ltd, unchanged at HK $0.02, Mission Capital Holdings Ltd, up 40.0 percent at HK $0.14 and China...

  • Yahoo Inc gained more than 6 percent in after-hours trading on its plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand its prized e-commerce investment over to shareholders. European shares were expected to keep their bullish tone since the European Central Bank unveiled quantitative easing last week,...

  • WASHINGTON, Jan 28- The Federal Reserve is expected to signal it remains on track to begin raising interest rates later this year, as the central bank shows confidence that low inflation and rising risks from abroad have yet to derail the U.S. economic recovery. Fed Chair Janet Yellen faces growing skepticism that the central bank can tighten monetary policy by...

  • MELBOURNE, Jan 28- London copper moved away from 5-1/ 2- year lows on Wednesday, propped up by a weaker dollar after a drop in U.S. capital goods orders sparked talk the Federal Reserve might push back its timeline for raising interest rates. Copper prices have been walloped by persistent signs of weakening growth in top user China as well as sickly European demand...

  • *Apple bucks the trend by beating estimates, shares jump. SYDNEY/ TOKYO, Jan 28- Asian stock markets followed Wall Street into the red on Wednesday, while the dollar was on edge following speculation the Federal Reserve could take a dovish turn in its post-meeting statement later in the session. Apple Inc provided some relief after the bell as record sales of its...

  • MELBOURNE, Jan 28- London copper climbed away from 5-1/ 2 year lows on Wednesday, propped up by a weaker dollar after worsening U.S. durable goods orders sparked concerns the Federal Reserve may push back its timeline for raising interest rates at a meeting later in the session. *Three-month copper on the London Metal Exchange climbed by 0.7 percent to $5,458 a...

  • *Apple bucks the trend by beating estimates, shares jump. SYDNEY, Jan 28- Asian stock markets followed Wall Street into the red early on Wednesday, while the euro managed a rare rally on speculation the Federal Reserve could take a dovish turn in its post-meeting statement later in the session. Apple Inc provided some relief after the bell as record sales of its...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...