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Euro zone price discounting drives growth in activity
Price discounting drove growth in all of the euro zone's major economies in March, helping business activity increase at its fastest rate for nearly a year, a survey showed on Tuesday.
FedEx to buy TNT to expand Europe deliveries
FedEx Corp (FDX.N) is seeking to buy Dutch package delivery firm TNT Express for an agreed 4.4 billion euros ($4.8 billion), aiming to succeed where United Parcel Service (UPS.N) failed two years ago when its bid was blocked by competition regulators.
BlackRock's Fink worries about impact of rising dollar
The rising value of the dollar is hurting American businesses and could ultimately result in a slowdown in future U.S. growth, BlackRock (BLK.N) chief executive officer Larry Fink warned in a letter scheduled to go out to shareholders next week.
Aussie jumps more than 1 percent as RBA keeps rates unchanged
The Australian dollar gained more than 1 percent against the U.S. dollar, on track for its biggest daily rise in more than two weeks, after the Reserve Bank of Australia surprised many investors by refraining from cutting interest rates.