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 DollarEuro1 USD = 0.881 EUR1 EUR = 1.135 USD
US DollarJapanese Yen1 USD = 118.498 JPY1 JPY = 0.008 USD
US DollarPound Sterling1 USD = 0.651 GBP1 GBP = 1.537 USD
US DollarAustralian Dollar1 USD = 1.288 AUD1 AUD = 0.777 USD
US DollarCanadian Dollar1 USD = 1.247 CAD1 CAD = 0.802 USD
US DollarSwiss Franc1 USD = 0.932 CHF1 CHF = 1.073 USD
US DollarChinese Yuan1 USD = 6.248 CNY1 CNY = 0.160 USD
US DollarMexican Peso1 USD = 14.913 MXN1 MXN = 0.067 USD
US DollarSwidish Krona1 USD = 8.419 SEK1 SEK = 0.119 USD
EuroJapanese Yen1 EUR = 134.444 JPY1 JPY = 0.007 EUR
EuroPound Sterling1 EUR = 0.739 GBP1 GBP = 1.354 EUR
EuroAustralian Dollar1 EUR = 1.461 AUD1 AUD = 0.684 EUR
EuroCanadian Dollar1 EUR = 1.415 CAD1 CAD = 0.707 EUR
EuroSwiss Franc1 EUR = 1.057 CHF1 CHF = 0.946 EUR
EuroChinese Yuan1 EUR = 7.092 CNY1 CNY = 0.141 EUR
EuroMexican Peso1 EUR = 16.918 MXN1 MXN = 0.059 EUR
EuroSwidish Krona1 EUR = 9.550 SEK1 SEK = 0.105 EUR
Japanese YenPound Sterling1 JPY = 0.006 GBP1 GBP = 181.818 JPY
Japanese YenAustralian Dollar1 JPY = 0.011 AUD1 AUD = 91.743 JPY
Japanese YenCanadian Dollar1 JPY = 0.011 CAD1 CAD = 95.238 JPY
Japanese YenSwiss Franc1 JPY = 0.008 CHF1 CHF = 126.582 JPY
Japanese YenChinese Yuan1 JPY = 0.053 CNY1 CNY = 18.975 JPY
Japanese YenMexican Peso1 JPY = 0.126 MXN1 MXN = 7.949 JPY
Japanese YenSwidish Krona1 JPY = 0.071 SEK1 SEK = 14.085 JPY
Pound SterlingAustralian Dollar1 GBP = 1.978 AUD1 AUD = 0.506 GBP
Pound SterlingCanadian Dollar1 GBP = 1.915 CAD1 CAD = 0.522 GBP
Pound SterlingSwiss Franc1 GBP = 1.431 CHF1 CHF = 0.699 GBP
Pound SterlingChinese Yuan1 GBP = 9.598 CNY1 CNY = 0.104 GBP
Pound SterlingMexican Peso1 GBP = 22.905 MXN1 MXN = 0.044 GBP
Pound SterlingSwidish Krona1 GBP = 12.920 SEK1 SEK = 0.077 GBP
Australian DollarCanadian Dollar1 AUD = 0.968 CAD1 CAD = 1.033 AUD
Australian DollarSwiss Franc1 AUD = 0.723 CHF1 CHF = 1.383 AUD
Australian DollarChinese Yuan1 AUD = 4.854 CNY1 CNY = 0.206 AUD
Australian DollarMexican Peso1 AUD = 11.579 MXN1 MXN = 0.086 AUD
Australian DollarSwidish Krona1 AUD = 6.532 SEK1 SEK = 0.153 AUD
Canadian DollarSwiss Franc1 CAD = 0.747 CHF1 CHF = 1.339 CAD
Canadian DollarChinese Yuan1 CAD = 5.014 CNY1 CNY = 0.199 CAD
Canadian DollarMexican Peso1 CAD = 11.957 MXN1 MXN = 0.084 CAD
Canadian DollarSwidish Krona1 CAD = 6.744 SEK1 SEK = 0.148 CAD
Swiss FrancChinese Yuan1 CHF = 6.705 CNY1 CNY = 0.149 CHF
Swiss FrancMexican Peso1 CHF = 15.997 MXN1 MXN = 0.063 CHF
Swiss FrancSwidish Krona1 CHF = 9.029 SEK1 SEK = 0.111 CHF
Chinese YuanSwidish Krona1 CNY = 1.345 SEK1 SEK = 0.743 CNY

See what else happened on February 16, 2015