Currencies
Nestle sells US confectionery business to Ferrero in $2.8bn cash deal
Nestle has agreed to sell its US confectionery business to Italian group Ferrero for $2. 8bn in cash.
Bitcoin's 50% plunge and Ripple effect in cryptocurrencies rout
Bitcoin, Ethereum and other cryptocurrencies have plunged to four-week lows due to a loss of confidence sparked by regulatory proposals in South Korea and the unknown result of the expiry of initial futures contracts.
US industrial production, capacity in use jump in December
Industrial production in the States surged ahead last month, boosted by sharply higher output from both mining and utilities.
NAHB housing market index slips to 72 in January, as expected
Sentiment among US housebuilders deteriorated a little as expected in January, according to data released on Wednesday.
Australia lodges WTO complaint against Canada
Australia filed a trade complaint against Canada on Tuesday, accusing the North American nation of placing "discriminatory" regulations on the sale of wine imported from abroad.
Eurozone inflation remains subdued to keep ECB on toes
Eurozone inflation was confirmed at the subdued level of 1. 4% last month, keeping the issue at the forefront of the European Central Bank's thoughts.