GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • ZURICH, Feb 5- Swiss watchmaker Swatch Group said on Thursday it was in a "strong position" and would maintain its dividend for 2014 despite a strong Swiss franc and a fall in net profit last year. Swatch Group, whose brands range from cheap colourful plastic watches to diamond-studded Blancpain timepieces, said it would further expand its manufacturing base in...

  • UKRAINE HRYVNIA AT 16.7820 AGAINST DOLLAR AFTER CENBANK RATE RISE.

  • *Deal builds on last year's purchase of Almirall drugs. LONDON, Feb 5- AstraZeneca has agreed to buy Actavis' branded respiratory drug business in the United States and Canada for an initial $600 million as it seeks external deals to ensure growth. AstraZeneca will also pay another $100 million, after Actavis agreed to a number of changes to ongoing agreements...

  • UKRAINE CENBANK SAYS IN A MOVE TO CONTROL MARKET SITUATION IT IS USING TOUGHER MONETARY POLICY.

  • UKRAINE CENTRAL BANK SAYS CHANGES IN MONETARY POLICY TO IMPROVE EFFECTIVENESS OF KEY RATE.

  • UKRAINE CENTRAL BANK SAYS RATE DECISION WAS PREPARATION FOR INFLATIONARY TARGETING.

  • "The cut was largely priced in to the stock market, but it has reconfirmed an important message to investors that China's monetary cycle has firmly shifted to the loosening camp," Jing Ning, Portfolio Manager at Fidelity Worldwide Investment, wrote in a note to clients. Weighed down by a cooling property market, industrial overcapacity and slowing investment,...

  • Feb 5- Hong Kong shares finished up following a volatile session on Thursday, a day after the mainland's central bank rolled out stimulus measures. Analysts said that, while the Hong Kong market ended firmer, profit taking was a feature of Thursday's trade as investors sought to reduce exposure due to concerns over China's economic slowdown.

  • Europe shares fall after ECB decision on Greek debt Thursday, 5 Feb 2015 | 3:08 AM ET

    PARIS, Feb 5- European stocks fell early on Thursday after the European Central Bank abruptly canceled its acceptance of Greek bonds in return for funding, shifting the burden onto the country's central bank. The ECB move, which required the support of a majority of central bank chiefs across the euro zone, shows widespread dismay with the new Greek government's...

  • KIEV, Feb 5- Ukraine's central bank will raise its key interest rate to 19.5 percent as of Feb. 6 from the current level of 14 percent set in November to combat inflation, the central bank said on Thursday.

  • UKRAINE CENTRAL BANK CANCELS SALE OF DOLLARS FROM ITS RESERVES AT DAILY AUCTIONS.

  • UKRAINIAN CENTRAL BANK RAISES KEY REFINANCING RATE TO 19.5 PCT AS OF FEB 6.

  • BRUSSELS, Feb 5- Greece can choose how to make its public finances healthy and its economy grow, but it must extend its bailout programme by a few months to gain time to negotiate those steps, European Commission Vice President Valdis Dombrovskis said. Unless it is formally extended, Athens will not receive a final aid tranche of 1.8 billion euros or be eligible to...

  • TOKYO, Feb 5- Japanese air bag maker Takata Corp booked nearly $30 million in extra charges for vehicle recalls to replace potentially deadly air bag inflators, as well as other costs, tipping it toward a bigger annual loss than previously forecast. Embroiled in a long-running global recall crisis, Takata on Thursday reported a nine-month net loss of 32.5...

  • SINGAPORE, Feb 5- Oil prices fell on Thursday, extending big losses logged in the previous session as record high inventories in the United States coupled with concern over global demand cut short a four-day rally. Brent crude for March delivery dropped 77 cents to $53.39 a barrel by 0735 GMT, after reaching a session high of $55.01 then falling more than $1 at one...

  • JAKARTA, Feb 5- Indonesia's economic growth slipped to its weakest in five years in 2014 as weak exports and investments dragged, underlining the challenges facing the country's new President Joko Widodo. Southeast Asia's largest economy is finding it harder to fire up its engines of growth with the ending of the commodities boom and as high interest rates...

  • BERLIN, Feb 5- German industrial orders surged far more than forecast in December, recovering from a sharp fall the previous month and hitting their highest level since April 2008, which should help Europe's largest economy to gain steam in early 2015.. Bookings for goods made in Germany climbed by 4.2 percent, according to data from the Economy Ministry on...

  • By Niklas Pollard and Johannes Hellstrom. STOCKHOLM, Feb 5- Truck maker Volvo raised its outlook for truck markets on both sides of the North Atlantic on Thursday, after an expected fourth-quarter rise in core earnings fizzled in the face of weak demand for construction equipment. Gothenburg- based Volvo raised its forecast for its two biggest truck markets,...

  • *Q4 net profit $680 mln vs poll avg $720 mln. Like rivals Siemens and Schneider Electric, ABB has grappled with a sluggish global recovery that has delayed capital spending by its customers, which include utility companies and oil, gas and mining firms, as well as a slide in oil prices. The Zurich- based company said fourth-quarter orders fell 6 percent to $9.37...

  • MOSCOW, Feb 5- The rouble fell and shares declined on Thursday after oil dropped more than $1 per barrel on global markets and Standard& Poor's rating agency cut the ratings of some of Russia's top companies to junk. The downgrade came after S&P cut Russia's sovereign rating to junk last month, bringing it below investment grade for the first time in a decade on...