Nineteen of 20 analysts polled by Reuters expect the Banco de Mexico to hold its benchmark rate at 3 percent in its first policy decision statement at 1 p.m. local time on Thursday instead of the previous release time on Friday morning. "It is worth noting that previous rate cuts in Mexico have come as a surprise and that could be the case again this month," economist...» Read More
"This particular project was focused on identifying vulnerabilities in Tor, not to collect data that would reveal personal identities of users," said Defense Department spokeswoman Lieutenant Colonel Valerie Henderson, adding that the National Security Agency also did not receive data.
*U.S. crude for September delivery gained 30 cents to $97.68 a barrel by 0023 GMT after falling to as low as $97 on Tuesday, its weakest since Feb. 5. *The data helped oil prices recover from losses on Tuesday when worries over plentiful supplies in Europe and North America outweighed fears that violence in the Middle East and North Africa could disrupt production.
SINGAPORE, Aug 6- Gold was little changed below $1,300 an ounce on Wednesday but the safe-haven metal looked likely see some gains as fears of increasing military action along the Ukraine border put global equities under pressure.
*Fox drops bid for Time Warner, Sprint gives up on T-Mobile. SYDNEY, Aug 6- Asian stocks slipped on Wednesday while the U.S. dollar held firm after a slump on Wall Street and tensions over Ukraine instilled a mood of risk aversion across markets.
SAO PAULO, Aug 5- Profit at Grupo BTG Pactual SA surprisingly rose to the highest in over two years in the second quarter even after Latin America's largest independent investment-banking firm produced a mixed performance in some revenue and expense lines.
SYDNEY, Aug 6- The dollar held near an 11- month high against a basket of major currencies early on Wednesday, having got a second wind after upbeat U.S. data bolstered expectations of solid economic growth in the third quarter. The euro languished at $1.3370, having plumbed a nine-month trough of $1.3358.
Aug 5- Sprint Corp has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc because the challenge of securing regulatory approval for the deal was too steep, a person familiar with the matter told Reuters. The Wall Street Journal first reported the news Tuesday that Sprint had abandoned its bid.
LONDON, Aug 6- Well before settling a long-running oil price manipulation case this week, global oil trader Arcadia had shrunk itself to a leaner operation with an almost singular focus: trading the very contracts U.S. regulators accused them of rigging.
Aug 5- Many options traders who had taken bets on a successful buyout of Time Warner Inc by Rupert Murdoch's Twenty-First Century Fox Inc are facing a grim lesson in the risks of betting on deals. Murdoch pulled the $80 billion offer after the close of trading on Tuesday, saying Time Warner management had refused to engage in discussions.
China's bond market is booming with record issuance and strong demand, but it has been a speculative play dominated by Chinese issuers and investors.
NEW YORK, Aug 5- Glencore Plc, one of the world's largest mining companies, has asked a U.S. judge to dismiss it as a defendant from nationwide antitrust litigation over the alleged manipulation of aluminum prices.
Aug 5- Media company Walt Disney Co's quarterly profit blew past Wall Street expectations, with a muscular performance from its "Captain America" movie, higher attendance at U.S. theme parks and brisk sales of merchandise tied to mega-hit "Frozen." Shares of Disney rose 15 cents in after-hours trading to $86.90 after closing at $86.75 on the New York Stock Exchange.
Aug 5- Blue Shield of California and Anthem Blue Cross, two rival health insurance providers, announced on Tuesday a collaborative plan to build a non-profit health-information exchange for California residents.
SAO PAULO, Aug 5- A Brazilian-based investment fund managed by Bank of New York Mellon Corp had to write down more than half of the value of its assets due to losses in investments linked to Argentine government debt, according to a securities filing.
Aug 5- Sprint Corp has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc because the challenge of securing approval for the deal was "too steep," the Wall Street Journal cited unidentified sources as saying.
Aug 5- Cybersecurity company FireEye Inc forecast revenue for the current quarter that exceeded analysts' expectations, helped by rising demand from companies and governments. FireEye uses cloud-based technologies to help its customers fight off viruses that evade less-advanced software.
LONDON, Aug 6- Prices in British shops fell last month at the fastest rate since records began seven-and-a-half years ago, the British Retail Consortium said on Wednesday, marking 15 months of sinking prices.
SAN FRANCISCO, Aug 5- Felicis Ventures is trying a new tack in the hypercompetitive world of funding startup companies: It is raising a new fund that will always vote alongside the founders of the company it backs. The venture company announced on Tuesday that it had raised $96 million for the new fund, its fourth.
BRASILIA, Aug 5- The Brazilian economy should pick up in the second half of the year after a slow start and hit more "reasonable" growth levels in 2015, Finance Minister Guido Mantega told Reuters on Tuesday.
Aug 5- A cybersecurity firm said it has uncovered about 1.2 billion Internet logins and passwords and more than 500 million email addresses amassed by a Russian crime ring, the largest known collection of such stolen data, the New York Times reported on Tuesday.