Latest Business News Wires - Business Headlines


  • LONDON, Sept 2- Lloyds Banking Group is considering having its registered office in London rather than Edinburgh should Scots vote for independence, banking industry sources told Reuters.

  • BRUSSELS, Sept 2- The European Union is looking at possible financial support measures for fish exporters hit by Russia's ban on Western food imports, now well into its first month, the EU's executive arm said on Tuesday.

  • NEW YORK/ LONDON, Sept 2- Gold fell nearly 2 percent on Tuesday, on track for its biggest one-day drop since mid-July, as a combination of a dollar rally, technical selling and a crude oil tumble sent the bullion price to a 2-1/ 2 month low.

  • A statute relied on by the banking regulator to bring this and similar cases on behalf of banks it seized "did not give the FDIC more time to bring claims that would otherwise have been lost," Stanton wrote.

  • Weaker healthcare stocks weigh on European equities Tuesday, 2 Sep 2014 | 12:40 PM ET

    *Bid target AstraZeneca falls; CEO says "back to normal". LONDON, Sept 2- A fall in major healthcare stocks, after drugmaker AstraZeneca tried to play down speculation about a new bid from Pfizer, pegged back European stock markets on Tuesday. "We wouldn't chase stocks at these levels," said HED Capital head Richard Edwards.

  • NEW YORK, Sept 2- Digital Ally Inc shares surged again on Tuesday, extending a recent rally after it clarified in a regulatory filing the comments by its chief executive officer of a "five-fold" rise in inquiries for its wearable cameras.

  • BERNE, Sept 2- Switzerland is not doing enough to rid itself of ill-gotten funds, despite loosening its banking secrecy, and should now beef up its law against money laundering, an global corruption watchdog said on Tuesday.

  • COPENHAGEN, Sept 2- Novo Nordisk has launched its type 2 diabetes treatment Ryzodeg in Mexico, a combination drug that could reap the company billions in revenue in years to come.

  • *Took place in Eastern Province where minority Shi'ites live. DUBAI/ RIYADH, Sept 2- A small fire broke out on a gas pipeline in eastern Saudi Arabia on Tuesday after assailants shot at a police patrol, security and oil industry sources said, in an incident that may heighten concern about the vulnerability of Saudi energy infrastructure.

  • WASHINGTON, Sept 2- The Washington Post's owner, Amazon.com Inc founder Jeff Bezos, has named a former executive from rival Politico as publisher of the 137- year-old newspaper, replacing Katharine Weymouth. Frederick J. Ryan Jr. will lead the paper, the Washington Post said in a statement on Tuesday.

  • *Weak factory data in China, Europe stoke oil demand fears. NEW YORK, Sept 2- Brent crude oil futures fell to the lowest level in 15 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies pressured U.S. prices.

  • Sept 2- Software maker Compuware Corp, under pressure from investors for more than a year over its poor performance, agreed to be taken private by investment firm Thoma Bravo LLC in a deal valued at about $2.5 billion.

  • LONDON, Sept 2- Global manufacturing growth accelerated last month as factory activity in the United States increased sharply although growth in new orders ticked lower, a survey showed on Tuesday.


  • NEW YORK, Sept 2- The dollar jumped to its highest this year against the yen on Tuesday, lifted by strong U.S. economic data, while the euro slipped to a one-year low on speculation the European Central Bank will move toward looser monetary policy when it meets later this week.

  • WASHINGTON, Sept 2- Ukraine may need as much as $19 billion in additional funds from donors if its conflict with pro-Russian separatists in the eastern part of the country continues in 2015, the International Monetary Fund warned on Tuesday.

  • BOLIVAR, Argentina, Sept 2- Grains powerhouse Argentina could increase soy, corn and wheat output by as much as a fifth if the president elected next year scraps export quotas, eases taxes and reverses other policies that have slowed investment, farmers and commodity traders say.

  • Brazil's oil industry may be large and growing, but little of what Rousseff promised when elected in 2010- or before then as energy minister or chairwoman of state-run energy giant Petrobras- has come to pass.

  • BUSINESS-NEWS-SCHEDULE AT 1500 GMT / 11:00 a.m. ET Tuesday, 2 Sep 2014 | 11:02 AM ET

    Dollar General sweetens Family Dollar bid, may go hostile. Dollar General Corp raises its bid for Family Dollar Stores Inc to $9.1 billion, and warns it may turn hostile and appeal directly to shareholders if the new offer is rejected.

  • NEW YORK, Sept 2- U.S. Treasuries yields rose on Tuesday after traders took profits on uncertainty ahead of a highly anticipated European Central Bank meeting this week.