Euro zone yields up as ECB speculation mounts

By Abhinav Ramnarayan LONDON, Feb 20 : Euro zone government bond yields edged higher across the board on Wednesday as market speculation swirled over the next European Central Bank chief at a time when monetary policy is the main threat for bond markets. Euro zone finance ministers on Monday chose Spanish Economy Minister Luis de […]

Deutsche Bank to launch DWS IPO next week – sources

By Arno Schuetze FRANKFURT, Feb 20 : Deutsche Bank plans to launch the initial public offering (IPO) of its asset management arm DWS on Monday next week, following on the heels of Siemens’ blockbuster Healthineers listing, sources close to the matter said. They said the listing of DWS on the Frankfurt stock exchange would likely […]

Five Iranian security officers killed at Sufi protest in Tehran

By Bozorgmehr Sharafedin LONDON, Feb 20 : Five members of Iranian security forces were killed in Tehran on Monday night in clashes with protesters from a religious order, 300 of whom were arrested, the police said. Members of the Gonabadi Dervishes, who follow the mystical Sufi strain of Islam, considered a threat by the theocratic […]

Brazilian rule changes may allow telecoms firms to unload assets

By Gram Slattery and Leonardo Goy SAO PAULO/BRASILIA, Feb 20 : Brazil’s major telecoms operators stand to free up hundreds of millions of dollars to invest in technologies like 4G and broadband by unloading unwanted assets, as a push by the sector to overhaul decades-old rules shows signs of paying off. The shake-up would spur […]

Brent crude sags, while lower Canadian supply boosts U.S. futures

By Amanda Cooper LONDON, Feb 20 : Brent crude oil prices fell on Tuesday, pulled down by a stronger dollar and a bout of profit-taking, while U.S. futures gained, bringing the discount between the two key futures contracts to a six-month low. Brent crude futures fell 73 cents from Monday’s close to $64.94 a barrel […]

EU court adviser backs Commission in forest dispute with Poland

By Robert-Jan Bartunek and Agnieszka Barteczko BRUSSELS/WARSAW, Feb 20 : Poland’s decision to increase logging in a primeval forest breaks EU law, an adviser to the EU’s top court said on Tuesday, backing the European Commission against the government in one of several disputes straining ties between Warsaw and Brussels. The standoff over Bialowieza, one […]