GO
Loading...

Latest Business News Wires - Business Headlines

More

  • *Slowing growth in Germany, China weigh on some investors. NEW YORK, March 24- Global equity markets fell on Monday, rattled by Ukraine's ongoing crisis and on weak data out of China that added to worries about the global economy, while gold fell on concerns about higher U.S. interest rates and a stronger dollar.

  • WASHINGTON, March 24- The U.S. Supreme Court on Monday for the second time did not announce whether it would hear an appeal by Teva Pharmaceutical Industries Ltd in a patent fight with generic competitors over a top-selling multiple sclerosis drug.

  • European shares fall back as Crimea, China PMI weigh Monday, 24 Mar 2014 | 11:37 AM ET

    LONDON, March 24- European stocks fell on Monday, trimming last week's lofty gains as concern over events in Ukraine and China's flagging manufacturing activity pegged a key index back from the top of its recent range.

  • CARACAS, March 24- President Nicolas Maduro's government launched a new foreign exchange system on Monday, a long-awaited effort to tame Venezuela's black market for U.S. dollars and increase the flow of greenbacks to local businesses.

  • *Palladium hits 2-1/ 2 year high on supply worries, new ETFs. LONDON, March 24- Gold prices tumbled to a one-month low on Monday as expectations that U.S. interest rates could rise in early 2015 supported the dollar and prompted investors to cash in gains made during the metal's recent rally to six-month highs.

  • DUBAI, March 24- Virgin Atlantic founder Richard Branson dangled the carrot of further investment in the British airline's domestic carrier Little Red as he stepped up the campaign for a third runway at London's Heathrow airport.

  • U.S. top court takes no action in Teva MS drug case Monday, 24 Mar 2014 | 10:42 AM ET

    WASHINGTON, March 24- The U.S. Supreme Court on Monday for the second time did not announce whether it would hear an appeal by Teva Pharmaceutical Industries Ltd in a patent fight with generic competitors over a top-selling multiple sclerosis drug.

  • *Ukraine conflict continues, Russia seizes marine base. NEW YORK, March 24- U.S. stocks fell on Monday as the ongoing crisis in Ukraine weighed on sentiment and pushed investors to take profits in some of the market's biggest trading favorites.

  • March 24- IMS Health Holdings Inc said it expected to price its initial public offering at $18- $21 per share, valuing the healthcare information company at up to $6.97 billion. The company was taken private in 2010 by TPG Capital LP, Canada Pension Plan Investment Board and Leonard Green& Partners LP for $5.2 billion, including debt.

  • CARACAS, March 24- President Nicolas Maduro's government plans to begin a long-awaited new foreign exchange system on Monday in an effort to tame Venezuela's black market for U.S. dollars and increase the flow of greenbacks to local businesses.

  • LONDON, March 24- Japan will transfer all the highly enriched uranium and separated plutonium held at the country's fast critical assembly facility to the United States, the two countries said in a joint statement on Monday.

  • UPDATE 1-HSBC to seek investor OK to sell "CoCo" bonds Monday, 24 Mar 2014 | 10:25 AM ET

    LONDON, March 24- HSBC is to ask its shareholders for permission to sell bonds that would convert into shares and bolster its capital if it hits trouble, giving it the option to join a growing group of banks issuing the securities.

  • OTTAWA, March 24- Quebec police have concluded their investigation into last July's oil-by-rail disaster in the Quebec town of Lac-Megantic, in which 47 people were killed, and have turned the file over to the public prosecutor's office, a police spokesman said Monday.

  • The EPA veto was issued after President Barack Obama, a Democrat, became president in 2009. Conservatives have accused Obama of waging a "war on coal," a reference to the administration's efforts to reduce greenhouse gas emissions, including those from coal-burning power plants.

  • IMS Health seeks valuation of up to $6.97 bln in IPO Monday, 24 Mar 2014 | 10:13 AM ET

    March 24- IMS Health Holdings Inc said it expected to price its initial public offering at $18- $21 per share, valuing the healthcare information company at up to $6.97 billion.

  • He said he saw the space as an "arms race" as cyber security players such as Palo Alto, Check Point Software Technologies Ltd and FireEye Inc are all in the process of building out their product wings. Palo Alto and FireEye have been acquiring companies to strengthen their security software offerings.

  • *Fed to buy $500 mln- $750 mln debt due 2024-2031.

  • NEW YORK, March 24- U.S. manufacturing activity slowed in March after nearing a four-year high last month, but the rate of growth and the pace of hiring remained strong, an industry report showed on Monday. Financial data firm Markit said its "flash" or preliminary U.S.

  • U.S. top court declines to hear mining permit case Monday, 24 Mar 2014 | 9:41 AM ET

    WASHINGTON, March 24- The U.S. Supreme Court on Monday delivered a blow to Arch Coal Inc by declining to hear its challenge to an Obama administration decision to block an environmental permit for a coal mining project in West Virginia.

  • *Hit to Nokia income seen from patent concessions. HELSINKI, March 24- Nokia does not expect to close the sale of its phone business to Microsoft until April as talks with Asian regulators drag on, it said on Monday, fuelling speculation it may have to make technology patent concessions to get the deal done.