Dollar heads for best run in 17 years

  (Reuters) – The U.S. dollar headed for its ninth straight week of gains on Friday, some measure of how the economic fortunes of the United States and its major economic peers are diverging after six years of financial turmoil.   Benchmark 10-year U.S. Treasury yields rose to their highest in over a month, while Read more about Dollar heads for best run in 17 years[…]

EU imposes new economic sanctions on Russia over Ukraine

(Reuters) The European Union put into effect on Friday a new round of sanctions against Russia over its role in Ukraine, including restrictions on financing for some Russian state-owned companies and asset freezes on leading Russian politicians. The EU and the United States have been stepping up pressure on Moscow after its annexation of Crimea in March Read more about EU imposes new economic sanctions on Russia over Ukraine[…]

HP to buy cloud software startup Eucalyptus in rare acquisition

Hewlett-Packard plans to buy cloud software startup Eucalyptus Software, a rare acquisition for the company since its failed $11 billion purchase of Britain’s Autonomyin 2011. HP did not say how much it will pay for Eucalyptus, which provides open-source software for building private and hybrid clouds, or Internet-based computing services. A source familiar with the deal told Read more about HP to buy cloud software startup Eucalyptus in rare acquisition[…]