PRESS DIGEST - New York Times business news - Feb 19

Thu Feb 19, 2015 1:01am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Feb 19 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

* The new leftist-led Greek government plans to submit a new proposal on Thursday. The ability of Greece and its banks to remain solvent could depend just as much on Mario Draghi and a series of decisions by the European Central Bank that might determine the financial fate of Greece. (nyti.ms/1EqVjBT)

* The Safra Group, led by Joseph Safra, recently bought Chiquita Brands International, the fruit company, and the London office tower known as the Gherkin. (nyti.ms/1AIIhCh)

* The Federal Reserve does not sound like an institution that is ready to raise its benchmark interest rate in June. Fed officials at their most recent policy-making meeting in January worried that economic growth remained fragile, and that raising rates prematurely could undermine recent gains, according to an official account released Wednesday. (nyti.ms/1JqLlab)

* Uber has expanded its Series E round of venture financing by $1 billion, according to documents filed Wednesday with the Delaware secretary of state, bringing the total capacity for the round up to $2.8 billion. (nyti.ms/1CLoxsL)   Continued...