Daniele Nouy, the chair of the European Central Bank’s Supervisory Board, said Greek lenders are capable of surviving current market turbulence.
Oil supplies in the U.S. surged to the highest level in weekly data since 1982 as production surged.
Roche Holding AG, the world’s largest seller of cancer drugs, said the Swiss franc’s surge may strip 9 percentage points from growth in operating profit this year.
Facebook Inc. reported slowing revenue growth in the fourth quarter, as Chief Executive Officer Mark Zuckerberg delivered on his promise to step up spending at the world’s largest social network.
General Dynamics Corp. is reaping the benefits from building nuclear submarines as well as the world’s biggest, fastest business jets.
Ace Ltd. Chief Executive Officer Evan Greenberg, whose insurer posted a decline in fourth-quarter profit as currency fluctuations pressured results, predicted that recent gains in the dollar will be temporary.
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