SH NEWS 24

Hamers will succeed Sergio Ermotti, who has been with the company for close to a decade, the FT reported.

FRANKFURT (Reuters) – Germany’s Fresenius Medical Care (DE:FMEG) on Wednesday said quarterly adjusted operating income edged 3% higher as growth in dialysis services and products was partly offset by a negative adjustment for accounts receivable in a legal dispute in North America.

“Participants discussed how maintaining the current policy stance for a time could be helpful in supporting U.S. economic activity and employment in the face of global developments that have been weighing on spending decisions,’’ according to the minutes of the Jan. 28-29 Federal Open Market Committee meeting released Wednesday in Washington.

Airbus last month announced a surprise order for 40 of its A330neo wide-body aircraft, worth $12 billion at list prices, but the buyer’s identity was kept under wraps.

The U.S. commonwealth’s federally created financial oversight board had asked Judge Laura Taylor Swain to approve a schedule that would culminate with a confirmation hearing on a so-called plan of adjustment for Puerto Rico’s core government debt and pension obligations commencing in October.

At the close in NYSE, the Dow Jones Industrial Average rose 0.40%, while the S&P 500 index added 0.47%, and the NASDAQ Composite index added 0.87%.