European shares closed higher on Thursday after an announcement from the European Central Bank on how it will make key decisions in the future.» Read More
CAIRNS, Australia, Sept 21- Following is the text of the communique issued after on Sunday the meeting of finance ministers and central bankers from the Group of 20 leading nations in the Australian city of Cairns.
EXCLUSIVE-LAW FIRMS BINGHAM, MORGAN LEWIS, AGREE TO MERGE. Sept 20- Leaders of two of the United States' largest law firms, Boston- based Bingham McCutchen and Philadelphia's Morgan Lewis& Bockius, have agreed to merge, according to three people familiar with the matter.
A group called Khorasan that emerged in the past year in Syria may be the most intent on hitting the United States with a terror attack.
PARIS— Investigators probing the crash of an Air Algerie jet in July that killed all 116 people on board say they have no solid leads on the cause of the accident.
Apple new mobile payments system is winning over financial industry heavyweights, signaling the likely demise of lesser payment alternatives.
CAIRNS, Australia, Sept 20- As the Group of 20 leading economies meet to change no less than the "destiny" of the global economy, members remain divided on how to get there with Germany pushing back at U.S. calls for more government stimulus. That goal has seemed ever more distant as members from China to Japan, Germany and Russia have all stumbled in recent months.
KANSAS CITY- Federal Reserve Bank of Kansas City President Esther George gives welcome remarks at the Shift Innovation: Community Development Conference- 1330 GMT.
FRANKFURT, Sept 19- General Electric Co and Germany's Siemens are considering bids for compressor and turbine maker Dresser-Rand that could derail a merger between Dresser-Rand and Swiss pump maker Sulzer, according to media reports.
*Nationalist leader Alex Salmond concedes defeat, resigns. EDINBURGH, Sept 19- Scotland spurned independence and saved a union dating back 300 years in a historic referendum but its defeated leader said it would hold London to last minute offers of more power that could radically reshape the United Kingdom.
ATHENS, Greece— Greece's finance minister said Friday that his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns from rescue lenders that an early general election could unravel years of painful cost-cutting reforms.
CHICAGO, Sept 19- U.S. wheat futures fell 2.9 percent to their lowest in more than four years on Friday, matching a similar low in Paris wheat futures, as a global supply glut overwhelmed demand and pressured prices.
PARIS— Air France pilots are prolonging a walkout that has grounded more than half the airline's flights all week. The SNPL union announced Friday they are extending the strike through Sept. 26.
PARIS/ BRUSSELS, Sept 19- Scotland's vote against independence offers lessons for British politicians and their European partners faced with a referendum on whether to stay in the EU which Prime Minister David Cameron has promised for 2017..
But Apple Inc's new mobile payments system- unveiled just ten days ago- is already winning over the heavyweights of the financial industry and signaling the likely demise of lesser payment alternatives.
*Soybeans, corn shrug off export news. *Soybeans on track for weekly loss of 12.2 percent. CHICAGO, Sept 19- U.S. wheat futures fell 2.1 percent to their lowest in more than four years on Friday, matching a similar low in Paris wheat futures, as a global supply glut overwhelmed demand and pressured prices.
*Nationalist leader Alex Salmond concedes defeat, resigns. EDINBURGH, Sept 19- Scotland spurned independence in a historic referendum that threatened to rip the United Kingdom apart, sow financial turmoil and diminish Britain's remaining global clout.
BERLIN, Sept 19- A European free trade deal with the United States may not be perfect but is the last chance for Europe to remain globally relevant, Germany's economy minister said on Friday.
FRANKFURT, Sept 19- Germany's Siemens is considering a bid for compressor and turbine maker Dresser-Rand that could potentially derail a merger between Dresser-Rand and Swiss pump maker Sulzer, according to several media reports on Friday.
PARIS, Sept 19- European shares trimmed their gains in afternoon trade on Friday, with traders citing mounting expectation of an imminent credit downgrade of France that pulled the Paris blue-chip index into negative territory.
*Alibaba prices IPO at top of range, bolstering sentiment. LONDON, Sept 19- World markets rallied on Friday as Scotland's decision to stay in the United Kingdom lifted Europe and got investors over the latest in a recent run of tricky global political hurdles.