Omega to buy out rival Aviv in $3B all-stock deal

Omega Healthcare will buy rival real estate investment trust Aviv in a $3 billion all-stock deal combining two companies that each run hundreds of nursing homes.
Russia central bank hikes interest rate to 9.5% from 8.0%

People walk under under a board listing foreign currency rates against the Russian ruble just outside an exchange office in central Moscow on March 3, 2014Russia's central bank on Friday said it would raise its interest rates to 9.5 percent from 8 percent, as Western sanctions and falling oil prices sent the ruble plunging. "The board of directors of the Bank of Russia on October 31 took a decision to raise the key interest rate to 9.50 percent," the central bank said in a statement.

ECB's Visco says concrete risk of deflation cannot be ignored

ROME (Reuters) - The eurozone faces a real risk of deflation, with medium and long-term inflation expectations now at historically low levels, European Central Bank governing council member Ignazio Visco said on Friday. Noting that the outlook for economic growth has weakened across the euro zone, Visco, who is also governor of the Bank of Italy, said 5-10 year inflation expectations had fallen below 2 percent, the ECB's level for price stability. "We are not in deflation but we cannot ignore the concrete risk of it," he said, in a speech to a conference in Rome. ...
Rowling reveals new tidbits on Pottermore site

FILE - In this Thursday, Sept. 27, 2012 file photo, British author J.K. Rowling poses for photographers at the Southbank Centre in London. J.K. Rowling the creator of boy wizard Harry Potter published a 1,700 word essay Friday revealing the real-life inspiration behind one of her most memorable villains, the supernatural bureaucrat and Hogwarts teacher Dolores Umbridge. (AP Photo/Lefteris Pitarakis, File)LONDON (AP) — Just in time for Halloween, J.K. Rowling has given fans a glimpse of what makes a wicked witch tick.

Eurozone inflation up, unemployment steady

The EURO logo is pictured in front of the European Central Bank, ECB in Frankfurt/Main, Germany, on October 26, 2014Eurozone inflation edged up to 0.4 percent from multi-year lows while unemployment was little changed, official data showed Friday, providing only limited reassurance that a modest economic recovery remains on track. Analysts said the figures were far from encouraging, with the European Central Bank likely to come under additional pressure from anxious governments to do more to get the economy moving again. The unemployment rate in September came in at 11.5 percent, unchanged compared with August and July. The inflation figure remains far below the 2.0 percent target set by the ECB, whose core mission is to ensure price stability.

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