ECB to inject liquidity in Europe; Yahoo starts patent war with Facebook
By Devina Gupta | Published On: February 28, 2012 22:00 (IST) | Duration: 17 min, 12 sec
US shoppers are back as consumer confidence data for February crosses one year high. But orders for U.S. durable goods touch 3 year low while home prices also fall for fourth straight month. In Europe, ECB gets ready for the second liquidity injection in Europe through Long Term Refinancing options. Another patent battle in tech sector as Yahoo wants licensing fees from Facebook for use of its technology.