While the U.S. dollar has been gaining strength over the years, Greg Gibbs, Senior Currency Strategist at RBS, says the greenback could begin to struggle as rate hikes do not seem likely in the near term.» Read More
SINGAPORE, March 14- Brent crude rose towards $108 a barrel on Friday as heightened tensions in Ukraine stoked worries over Russian oil supplies, but the contract remained on track for a third weekly loss amid concerns over Chinese economic growth and rising U.S. stockpiles.
Rippe saw TransCanada Corp- the company that hopes to build the 1,200- mile Keystone XL segment as part of a network of pipelines that move oil from Canada to refineries on Texas's Gulf Coast- lay another section of the Keystone line nearby four years ago.
March 14- Puerto Rico pulled off a blockbuster of a bond sale this week, sparing it from the threat of imminent default, but few who have followed the Caribbean island's financial troubles doubt that a massive restructuring is in its future.
SINGAPORE, March 14- Brent crude held steady above $107 a barrel on Friday, on track for a third weekly loss amid worries over Chinese economic growth and rising U.S. stockpiles, although heightened tension in Ukraine is causing renewed worry over Russian oil supplies.
DETROIT, March 13- U.S. safety regulators have recorded 303 deaths when airbags failed to deploy in 1.6 million compact cars recalled last month by General Motors Co, according to a study released Thursday night by a safety watchdog group.
ANGRA DOS REIS, BRAZIL, March 13- Permission for Chevron Corp to resume drilling and water injection at its Frade offshore field in Brazil is being held up by the company's failure to deliver a full report on the causes of a 2012 oil seepage, the head of Brazil's oil regulator said on Thursday.
NEW YORK, March 13- General Motors Co is facing increasing pressure to compensate victims for an ignition defect that prompted the recall of 1.6 million vehicles, even if some would-be plaintiffs are barred from suing the auto maker under the terms of its emergence from bankruptcy in 2009..
SINGAPORE, March 14- U.S. crude steadied above $98 a barrel early on Friday, but was headed for its second-biggest weekly fall this year after a steep rise in U.S. oil stockpiles and Washington's first test sale of crude from its emergency reserve since 1990..
*White House says search area may expand based on new information. KUALA LUMPUR/ WASHINGTON, March 14- A new search area for Malaysia Airlines Flight 370 may be opened in the Indian Ocean, the White House said, significantly broadening the potential location of the plane, which disappeared nearly a week ago with 239 people on board.
ATLANTA, March 13- Budget air carrier Norwegian Air hopes to soon get U.S. government approval to operate more lower-cost flights to Europe despite opposition from U.S. and European unions, its chief executive said on Thursday. The carrier is looking to increase flights between the United States and Europe with a new unit based in Ireland.
STANFORD, United States- Federal Reserve vice-chair nominee Stanley Fischer speaks before a dinner at the Stanford Institute for Economic Policy Research Economic Summit 2014- 0145 GMT. STOCKHOLM- Sweden's central bank governor Stefan Ingves to give a speech on "Have we learned the lessons of earlier financial crises?"
WASHINGTON, March 13- Raising the retirement age and scrapping regressive taxes such as deducting the interest on mortgages can help richer governments address income inequality without straining their pocketbooks, IMF staff said in a paper on Thursday.
The Center for Food Safety said on Thursday that it believes the USDA may have succumbed to outside pressure, possibly from Monsanto Co., the developer of the genetic trait in the biotech alfalfa.
LOS ANGELES-- Herbalife Ltd. said Thursday that it has pushed back the date of its annual shareholder meeting by five days so it can continue talks with activist investor Carl Icahn about adding his nominees to its board.
BOSTON/ WASHINGTON, March 13- Target Corp's security software detected potentially malicious activity during last year's massive data breach, but its staff decided not to take immediate action, the No. 3. U.S. retailer said on Thursday.
NEW YORK, March 13- European buyout firm Charterhouse Capital Partners LLP is in advanced talks to acquire education software provider Skillsoft Ltd for more than $2 billion, people familiar with the matter said on Thursday.
March 13- Castlight Health Inc's initial public offering was priced at $16 per Class B share, slightly above the company's expected range, an underwriter told Reuters. Castlight Health raised about $178 million after it sold all 11.1 million shares offered.
HOUSTON, March 13- The U.S. government lifted a ban on Thursday that excluded BP from new federal contracts, after the British oil major filed a lawsuit saying it was being unfairly penalized for its 2010 Gulf of Mexico spill.
General Electric Co. fell$. 42 or 1.6 percent, to $25.34. Snap-On fell $1.78 or 1.6 percent, to $110.17. Whirlpool Corp. fell $2.36 or 1.6 percent, to $141.69.
Comcast Corp. fell$. 52 or 1.0 percent, to $50.46. Walt Disney Co. fell $1.45 or 1.8 percent, to $79.93. Gannett fell$. 66 or 2.3 percent, to $27.74.