Financial news on February 16, 2015

Business and Financial news
2000 Novelty Hit

Bruce Haight brings man’s best friend to heel in today’s puzzle. Read more..

By DEB AMLEN - The New York Times

British Gambling Website 888 Holdings Ends Takeover Talks

888 Holdings and its larger rival, William Hill, were unable to reach a deal because of a “significant difference of opinion on value” by a top investor, 888 said on Monday. Read more..

By CHAD BRAY - The New York Times

Currency Battle Is Tethered to Obama Trade Agenda

Growing bipartisan majority in Congress is demanding that Pres Obama's trade agenda aggressively attack practice whereby countries deliberately hold down value of their currencies against the dollar in order to keep exports cheap and make American goods more expensive; push puts Obama in bind, since such prohibitions could kill major trade deals like Trans-Pacific Partnership. Read more..

By JONATHAN WEISMAN - The New York Times

Deutsche Wohnen Offers to Buy Austrian Real Estate Rival

The firm, which is focused primarily on metropolitan areas in Germany, said the acquisition of Conwert Immobilien Invest would be a good strategic fit. Read more..

By CHAD BRAY - The New York Times

Liberty Global, Becoming a Big Fish, Risks Attracting the Eye of a Shark

After several acquisitions, the international cable and wireless operator is reported to be a takeover target. Read more..

By DAVID GELLES - The New York Times

Rail Strike May Disrupt Industries Across North America

Approximately 3,000 Canadian Pacific Railway engineers and conductors go on strike after union negotiations with management break down over wages and benefits; shutdown could disrupt major industries across United States as well as Canada. Read more..

By IAN AUSTEN - The New York Times

SNS Reaal Agrees to Sell Dutch Insurance Arm to Anbang of China

The Anbang Insurance Group said it would pay about $171 million for all of Vivant Verzekeringen’s shares and inject as much as $1.1 billion into the Dutch insurer. Read more..

By CHAD BRAY - The New York Times

The Importance of Studying Another Culture

Philippe Guettat, chairman and chief executive of Martell Mumm Perrier-Jouët, says it's also important to be willing to create and to be generous. Read more..

By SONIA KOLESNIKOV-JESSOP - The New York Times

Exchange Rates of February 16, 2015
CurrenciesExchange Rates
US Dollar Euro 1 USD = 0.881 EUR 1 EUR = 1.135 USD
US Dollar Japanese Yen 1 USD = 118.498 JPY 1 JPY = 0.008 USD
US Dollar Pound Sterling 1 USD = 0.651 GBP 1 GBP = 1.537 USD
US Dollar Australian Dollar 1 USD = 1.288 AUD 1 AUD = 0.777 USD
US Dollar Canadian Dollar 1 USD = 1.247 CAD 1 CAD = 0.802 USD
US Dollar Swiss Franc 1 USD = 0.932 CHF 1 CHF = 1.073 USD
US Dollar Chinese Yuan 1 USD = 6.248 CNY 1 CNY = 0.160 USD
US Dollar Mexican Peso 1 USD = 14.913 MXN 1 MXN = 0.067 USD
US Dollar Swidish Krona 1 USD = 8.419 SEK 1 SEK = 0.119 USD
Euro Japanese Yen 1 EUR = 134.444 JPY 1 JPY = 0.007 EUR
Euro Pound Sterling 1 EUR = 0.739 GBP 1 GBP = 1.354 EUR
Euro Australian Dollar 1 EUR = 1.461 AUD 1 AUD = 0.684 EUR
Euro Canadian Dollar 1 EUR = 1.415 CAD 1 CAD = 0.707 EUR
Euro Swiss Franc 1 EUR = 1.057 CHF 1 CHF = 0.946 EUR
Euro Chinese Yuan 1 EUR = 7.092 CNY 1 CNY = 0.141 EUR
Euro Mexican Peso 1 EUR = 16.918 MXN 1 MXN = 0.059 EUR
Euro Swidish Krona 1 EUR = 9.550 SEK 1 SEK = 0.105 EUR
Japanese Yen Pound Sterling 1 JPY = 0.006 GBP 1 GBP = 181.818 JPY
Japanese Yen Australian Dollar 1 JPY = 0.011 AUD 1 AUD = 91.743 JPY
Japanese Yen Canadian Dollar 1 JPY = 0.011 CAD 1 CAD = 95.238 JPY
Japanese Yen Swiss Franc 1 JPY = 0.008 CHF 1 CHF = 126.582 JPY
Japanese Yen Chinese Yuan 1 JPY = 0.053 CNY 1 CNY = 18.975 JPY
Japanese Yen Mexican Peso 1 JPY = 0.126 MXN 1 MXN = 7.949 JPY
Japanese Yen Swidish Krona 1 JPY = 0.071 SEK 1 SEK = 14.085 JPY
Pound Sterling Australian Dollar 1 GBP = 1.978 AUD 1 AUD = 0.506 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.915 CAD 1 CAD = 0.522 GBP
Pound Sterling Swiss Franc 1 GBP = 1.431 CHF 1 CHF = 0.699 GBP
Pound Sterling Chinese Yuan 1 GBP = 9.598 CNY 1 CNY = 0.104 GBP
Pound Sterling Mexican Peso 1 GBP = 22.905 MXN 1 MXN = 0.044 GBP
Pound Sterling Swidish Krona 1 GBP = 12.920 SEK 1 SEK = 0.077 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.968 CAD 1 CAD = 1.033 AUD
Australian Dollar Swiss Franc 1 AUD = 0.723 CHF 1 CHF = 1.383 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.854 CNY 1 CNY = 0.206 AUD
Australian Dollar Mexican Peso 1 AUD = 11.579 MXN 1 MXN = 0.086 AUD
Australian Dollar Swidish Krona 1 AUD = 6.532 SEK 1 SEK = 0.153 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.747 CHF 1 CHF = 1.339 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.014 CNY 1 CNY = 0.199 CAD
Canadian Dollar Mexican Peso 1 CAD = 11.957 MXN 1 MXN = 0.084 CAD
Canadian Dollar Swidish Krona 1 CAD = 6.744 SEK 1 SEK = 0.148 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.705 CNY 1 CNY = 0.149 CHF
Swiss Franc Mexican Peso 1 CHF = 15.997 MXN 1 MXN = 0.063 CHF
Swiss Franc Swidish Krona 1 CHF = 9.029 SEK 1 SEK = 0.111 CHF
Chinese Yuan Swidish Krona 1 CNY = 1.345 SEK 1 SEK = 0.743 CNY

See what else happened on February 16, 2015