GO
Loading...

Business News

More

  • LONDON, Aug 27- The spot iron ore market is sinking under the weight of new supply. The benchmark price for 62 percent iron ore as assessed by the Steel Index has just fallen below the $89 per tonne level for the first time since September 2012.

  • AP Top Financial News At 8:19 a.m. EDT Wednesday, 27 Aug 2014 | 8:19 AM ET

    Time Warner Cable has widespread outages Malaysia Airlines set for shakeup after disasters Europe shares ease, Asia higher after S&P record IMF chief Lagarde under investigation in France Annual tomato battle leaves Spanish town red Low-budget Ryanair launches business-class tickets 10 things to know about corporate inversions Conflicts weighing heavily on German consumers Germany plans to tighten EU migration rules Fonterra to invest in China infant formula company

  • AP Top Extended Financial Headlines At 8:19 a.m. EDT Wednesday, 27 Aug 2014 | 8:19 AM ET

    Time Warner Cable says widespread outages are largely restored, still investigating cause Malaysia Airlines braces for state-mandated shakeup as it reels from twin disasters Europe in slow start, Asia mostly higher following Standard& Poor's 500 close above 2,000 IMF chief Lagarde under official investigation in France for' negligence' in corruption case Spanish town drenched in red pulp as thousands take part in annual' Tomatina' tomato battle Ryanair launches flexible business-class tickets in latest U-turn from no-frills service 10 things to know about corporate inversions Survey: German economic expectations' completely collapse' in August over conflict concerns Germany planning to tighten migration rules for EU citizens, cutting down on welfare abuse Dairy giant Fonterra says it will team up with China's Beingmate to provide infant formula

  • AP Top Extended Financial Headlines At 8:12 a.m. EDT Wednesday, 27 Aug 2014 | 8:12 AM ET

    Europe in slow start, Asia mostly higher following Standard& Poor's 500 close above 2,000 Time Warner Cable says widespread outages are largely restored, still investigating cause Malaysia Airlines braces for state-mandated shakeup as it reels from twin disasters IMF chief Lagarde under official investigation in France for' negligence' in corruption case Spanish town drenched in red pulp as thousands take part in annual' Tomatina' tomato battle Ryanair launches flexible business-class tickets in latest U-turn from no-frills service 10 things to know about corporate inversions Survey: German economic expectations' completely collapse' in August over conflict concerns Germany planning to tighten migration rules for EU citizens, cutting down on welfare abuse Dairy giant Fonterra says it will team up with China's Beingmate to provide infant formula

  • AP Top Financial News At 8:12 a.m. EDT Wednesday, 27 Aug 2014 | 8:12 AM ET

    Europe shares ease, Asia higher after S&P record Time Warner Cable has widespread outages Malaysia Airlines set for shakeup after disasters IMF chief Lagarde under investigation in France Annual tomato battle leaves Spanish town red Low-budget Ryanair launches business-class tickets 10 things to know about corporate inversions Conflicts weighing heavily on German consumers Germany plans to tighten EU migration rules Fonterra to invest in China infant formula company

  • Time Warner Cable says outages largely resolved Wednesday, 27 Aug 2014 | 8:12 AM ET

    NEW YORK— Time Warner Cable said Wednesday service was largely restored after a problem that occurred during routine maintenance caused a nationwide outage of its Internet service for hours. "AT&T had a major outage back in April, Comcast had one last October.

  • *Helaba, big savings banks, BNY Mellon form joint venture. FRANKFURT, Aug 27- Helaba, the German landesbank, has unveiled a joint venture with U.S. banking group BNY Mellon and the country's 25 largest savings banks to help corporate customers to expand foreign trade with Asia.

  • PARIS, Aug 27- IMF chief Christine Lagarde has been put under formal investigation by French magistrates for negligence in a political fraud affair dating from 2008 when she was finance minister.

  • TORONTO, Aug 27- National Bank of Canada, the country's sixth-largest lender, reported a stronger quarterly profit on Wednesday, helped by a sharp jump in earnings at its wealth management and financial markets arms.

  • AP Top Extended Financial Headlines At 8:03 a.m. EDT Wednesday, 27 Aug 2014 | 8:03 AM ET

    Europe in slow start, Asia mostly higher following Standard& Poor's 500 close above 2,000 Malaysia Airlines braces for state-mandated shakeup as it reels from twin disasters IMF chief Lagarde under official investigation in France for' negligence' in corruption case Spanish town drenched in red pulp as thousands take part in annual' Tomatina' tomato battle Ryanair launches flexible business-class tickets in latest U-turn from no-frills service 10 things to know about corporate inversions Survey: German economic expectations' completely collapse' in August over conflict concerns Germany planning to tighten migration rules for EU citizens, cutting down on welfare abuse Dairy giant Fonterra says it will team up with China's Beingmate to provide infant formula AP survey: US economists agree with Fed's concerns but fear it will raise rates too late

  • AP Top Financial News At 8:03 a.m. EDT Wednesday, 27 Aug 2014 | 8:03 AM ET

    Europe shares ease, Asia higher after S&P record Malaysia Airlines set for shakeup after disasters IMF chief Lagarde under investigation in France Annual tomato battle leaves Spanish town red Low-budget Ryanair launches business-class tickets 10 things to know about corporate inversions Conflicts weighing heavily on German consumers Germany plans to tighten EU migration rules Fonterra to invest in China infant formula company AP survey: Fed's outlook correct but not solution

  • Aug 27- Yingli Green Energy Holding Co Ltd reported a bigger-than-expected quarterly loss and cut its forecast for 2014 panel shipments as demand begins to falter due to U.S. duties on China- and Taiwan- made solar products.

  • UPDATE 1-Jeweler Tiffany raises full-year profit forecast Wednesday, 27 Aug 2014 | 8:01 AM ET

    Aug 27- Upscale jeweler Tiffany& Co raised its full-year profit forecast for a second time following a better-than-expected quarterly profit, driven by strong sales in the Americas and Asia-Pacific regions. Same-store sales in the Asia Pacific region grew 7 percent, driven by strong demand in Greater China and Australia.

  • Boston hotel suite pays tribute to legendary club Wednesday, 27 Aug 2014 | 8:01 AM ET

    BOSTON— One of Boston's swankiest hotels is paying tribute to one of the city's dingiest, but most legendary rock clubs. The Boston Globe reports that the room at the hotel, built on the site where the club once stood, will be filled with Rat memorabilia, including the dressing room mirror covered in band stickers, and items left behind by the bands.

  • AP Top Financial News At 7:54 a.m. EDT Wednesday, 27 Aug 2014 | 7:54 AM ET

    Europe shares ease, Asia higher after S&P record Conflicts weighing heavily on German consumers Malaysia Airlines set for shakeup after disasters IMF chief Lagarde under investigation in France Annual tomato battle leaves Spanish town red 10 things to know about corporate inversions Germany plans to tighten EU migration rules Fonterra to invest in China infant formula company Low-budget Ryanair launches business-class tickets AP survey: Fed's outlook correct but not solution

  • AP Top Extended Financial Headlines At 7:54 a.m. EDT Wednesday, 27 Aug 2014 | 7:54 AM ET

    Europe in slow start, Asia mostly higher following Standard& Poor's 500 close above 2,000 Survey: German economic expectations' completely collapse' in August over conflict concerns Malaysia Airlines braces for state-mandated shakeup as it reels from twin disasters IMF chief Lagarde under official investigation in France for' negligence' in corruption probe Spanish town drenched in red pulp as thousands take part in annual' Tomatina' tomato battle 10 things to know about corporate inversions Germany planning to tighten migration rules for EU citizens, cutting down on welfare abuse Dairy giant Fonterra says it will team up with China's Beingmate to provide infant formula Ryanair launches flexible business-class tickets in latest U-turn from no-frills service AP survey: US economists agree with Fed's concerns but fear it will raise rates too late

  • AP Top Financial News At 7:40 a.m. EDT Wednesday, 27 Aug 2014 | 7:40 AM ET

    Malaysia Airlines set for shakeup after disasters Conflicts weighing heavily on German consumers Europe shares ease, Asia higher after S&P record IMF chief Lagarde under investigation in France Annual tomato battle leaves Spanish town red 10 things to know about corporate inversions Germany plans to tighten EU migration rules Fonterra to invest in China infant formula company Low-budget Ryanair launches business-class tickets AP survey: Fed's outlook correct but not solution

  • AP Top Extended Financial Headlines At 7:40 a.m. EDT Wednesday, 27 Aug 2014 | 7:40 AM ET

    Malaysia Airlines braces for state-mandated shakeup as it reels from twin disasters Survey: German economic expectations' completely collapse' in August over conflict concerns Europe in slow start, Asia mostly higher following Standard& Poor's 500 close above 2,000 IMF chief Lagarde under official investigation in France for' negligence' in corruption probe Spanish town drenched in red pulp as thousands take part in annual' Tomatina' tomato battle 10 things to know about corporate inversions Germany planning to tighten migration rules for EU citizens, cutting down on welfare abuse Dairy giant Fonterra says it will team up with China's Beingmate to provide infant formula Ryanair launches flexible business-class tickets in latest U-turn from no-frills service AP survey: US economists agree with Fed's concerns but fear it will raise rates too late

  • Germany plans to tighten EU migration rules Wednesday, 27 Aug 2014 | 7:39 AM ET

    BERLIN— The German government proposed measures Wednesday to tighten migration regulations for citizens from elsewhere in the European Union amid accusations of welfare abuse by poor immigrants from Bulgaria and Romania.

  • Tiffany tops Street 2Q forecasts Wednesday, 27 Aug 2014 | 7:38 AM ET

    NEW YORK— Tiffany& Co. on Wednesday reported earnings of $124.1 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share. Analysts expected $989.6 million, according to Zacks.