MOSCOW, July 26- Russian Foreign Ministry said on Saturday that additional sanctions imposed by the European Union over Moscow's role in Ukraine's crisis would hamper cooperation over security issues.» Read More
SYDNEY, Feb 22- Setting a higher goal for global growth is a good idea to try to build momentum in the world economy, but it should be seen as aspirational rather than a hard target, Bank of Canada Governor Stephen Poloz said on Saturday.
POLOZ SAYS WEAKER C$ MAY GIVE "A LITTLE EXTRA KICK" TO EXPORTS BUT IS NOT THE FUNDAMENTAL FACTOR.
SYDNEY: BANK OF CANADA GOVERNOR POLOZ SAYS JAN INFLATION DATA REASSURING, HELPS BOC FEEL "A LITTLE MORE COMFORTABLE".
POLOZ SAYS HE IS NOT TRYING TO TALK DOWN THE C$; SAYS 90 PCT OF THINGS THAT INFLUENCE C$ ARE INTERNATIONAL.
BOC'S POLOZ: WE NEED MORE DATA TO FIGURE OUT UNDERLYING TREND IN CANADIAN ECONOMY AFTER STRING OF WEAK DECEMBER DATA.
POLOZ: C$ STILL A CHALLENGE FOR MANUFACTURERS AND IS LIKELY TO REMAIN SO BECAUSE OF HIGH TERMS OF TRADE.
HUNTSVILLE, Alabama, Feb 21- The Pentagon is committed to early design work on a new aircraft that will replace thousands of helicopters now used by the U.S. military, its first "clean sheet design" program in years, the Army official heading the effort said on Friday.
SYDNEY, Feb 22- Europe is in favour of setting an economic growth target for the world's 20 biggest developing and advanced economies, but only if they agree on bold reforms, the European Union's Economic and Monetary Affairs Commissioner Olli Rehn said.
TOKYO, Feb 22- Honda Motor Co is considering diversifying its all-Japanese, all-male board by appointing a foreigner and could move as early as Monday, when it unveils its next slate of directors, sources close to the company said.
The world's top 20 economies may agree to set an ambitious target for faster global growth at a weekend meeting in Sydney.
SYDNEY, Feb 22- Germany's central bank chief said he sees limits on the degree of coordination possible among the world's major central banks and expressed scepticism about the Group of 20 economies setting specific growth targets.
NEW YORK, Feb 21- One of five former Bernard Madoff aides on trial for abetting his massive Ponzi scheme will face two fewer counts when the case goes to a jury, after a judge agreed to throw out charges that he arranged for his son to get a no-show job at the firm.
SYDNEY, Feb 22- The world's top 20 economies may agree to set an ambitious target for faster global growth at a weekend meeting in Sydney, where major central banks are also being urged to coordinate policies to avoid "surprises" that could roil emerging markets.
WASHINGTON, Feb 21- Pacific Rim trade partners meet in Singapore this weekend to try to advance talks on an ambitious trade pact which aims to set common standards on a range of issues from regulation to labor and environmental protection.
Feb 21- Detroit's blueprint for dealing with $18 billion in debt and emerging from municipal bankruptcy requires cuts to worker pensions and even deeper cuts for bondholders, setting the stage for a new round of negotiations and court challenges.
SAN FRANCISCO, Feb 21- A major flaw in Apple Inc software for mobile devices could allow hackers to intercept email and other communications that are meant to be encrypted, the company said in a Friday afternoon announcement.
WASHINGTON, Feb 21- The United States has assured Ukraine it will have "strong support" from Washington in seeking an IMF-backed economic program to stabilize the country's economy after months of crippling street violence, a State Department official said on Friday.
Feb 21- The U.S. government on Friday proposed a cut in payments to private health insurers for 2015 Medicare Advantage plans, a move Republican lawmakers said would hurt benefits for the elderly and disabled.
The main focus will be Part Two of Federal Reserve Chair Janet Yellen's semi-annual monetary policy testimony before the Senate Banking Committee on Thursday. Ironically, Yellen's congressional testimony before U.S. lawmakers was rescheduled after a Senate panel previously canceled the original hearing date due to a recent snowstorm in Washington, D.C..
LOS ANGELES, Feb 21- The worsening drought in California is expected to force a first-ever complete cutoff of federally supplied farm water to most irrigation districts in the state's Central Valley heartland this year, the U.S. Bureau of Reclamation said on Friday.