UPDATE 1-AMS to launch new Osram offer: Same price, lower acceptance rate
* Bain and Advent refrain from rival bid
(Adds detail, background, CEO)
WEEKAHEAD-ECB Draghi’s final meeting will be no lap of honour
For a man credited with saving
the euro, Mario Draghi’s final policy meeting at the helm of the
European Central Bank will be far from a lap of honour.
WRAPUP 1-Fed’s Clarida keeps door open to October cut; others less sure
U.S. Federal Reserve
officials on Friday left the door open to an interest rate cut
but gave no guarantees as they continued debating how the final
prop of U.S. economic growth, household consumption, is holding
Facebook’s Libra cryptocurrency should be prevented -German finance minister
German Finance Minister Olaf
Scholz on Friday redoubled his criticism of Facebook’s plans to
launch its Libra cryptocurrency, and said creation of a new
world currency should be prevented.
ECB needs to lower inflation target in policy review -Holzmann
The European Central Bank
should cut its inflation target and must rethink its policy
approach as negative interest rates could endanger the bloc’s
financial system, Austrian central bank Governor Robert Holzmann
said on Friday.