Pernod Ricard Profit Rises on Whiskey, Champagne Sales

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Pernod Ricard said fiscal first-half profit rose 9%, with strong sales in the U.S. and some emerging markets and the euro’s weakness against the dollar underpinning the French liquor group’s performance.

Hong Kong Stocks Fall After Long Holiday

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Stocks in Hong Kong fell sharply, catching up with deep regional selloffs, as the market reopened after a long holiday.

Rio Tinto Swings to Annual Loss, Scraps Dividend Policy

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Mining giant Rio Tinto swung to an annual loss and scrapped its progressive dividend policy, citing a worsening global economy and a sharp downturn in commodity prices.

Zurich Insurance Falls to Bigger-Than-Expected Loss

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Zurich Insurance swung to a bigger-than-expected net loss in the fourth quarter as the firm’s largest business continued to suffer.

Fed Nods to Negative Rates, Hurdles and All

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Federal Reserve Chairwoman Janet Yellen waded into fraught territory before Congress on Wednesday, suggesting the central bank could turn to negative interest rates in an economic downturn, despite legal and other uncertainties.

Fed Nods to Negative Rates, Hurdles and All

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Federal Reserve Chairwoman Janet Yellen waded into fraught territory before Congress on Wednesday, suggesting the central bank could turn to negative interest rates in an economic downturn, despite legal and other uncertainties.

Walgreens Threatens to End Theranos Agreement

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The blood-testing firm got a 30-day deadline from Walgreens to resolve major infractions that violate the federal law governing clinical laboratories.

Publicis Sees 'Modest' Growth Ahead After Difficult Year

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Publicis Groupe SA said Thursday that it expects to post “modest” growth this year, after the French advertising group finished a difficult 2015 on a more positive note.

Janet Yellen Signals Caution on Rates

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Federal Reserve Chairwoman Janet Yellen flagged risks to the economic outlook that could delay the central bank’s plans for raising short-term interest rates, in her semiannual testimony to Congress on U.S. monetary policy.

KKR Learns Harsh Lesson From Energy Bets

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KKR learned that oil and debt don’t mix after falling commodity prices doomed two of its biggest investments: the multibillion-dollar buyouts of power producer TXU and oil explorer Samson Resources.

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