Latest Business News Wires - Business Headlines
featured
MEXICO CITY/ RIO DE JANEIRO, May 19- Foreign investors flocked back to Brazil in early 2013, prompting the strongest stock market inflows in more than two years, but massive bets on share price falls suggest no change in sentiment towards Latin America's largest economy.
» Read More
More
-
Lockheed Martin Corp's new F-35 fighter jet has completed over a third of its planned flight tests, but it is still facing problems with the helmet needed to fly the plane, software development and weapons integration, according to a report by the Pentagon's chief weapons tester.
-
*Iran's Revolutionary Guards hold exercises in Strait of Hormuz. SINGAPORE, Jan 14- Brent crude rose above $111 a barrel on Monday as fears of disruption of supply from the Middle East resurfaced amid growing optimism over signs that the world's biggest economies are on their way to a steady recovery.
-
Jan 14- United Parcel Service Inc said the European Commission has informed the company that it is working on a decision to prohibit UPS's proposed acquisition of TNT Express NV. The world No. 1 package delivery company is seeking to buy Dutch peer and European market leader TNT to gain access to TNT's network in the fast-growing Asian and Latin American markets.
-
NEW DELHI, Jan 14- India's headline inflation slowed down to its lowest level in three years, hardening expectations for an interest rate cut by the central bank later this month to boost an economy that is set to post its slowest growth in a decade.
-
*Jodie Foster comes out publicly as gay. BEVERLY HILLS, Calif., Jan 13- Iran hostage drama "Argo" scored a sweet double victory at the Golden Globe awards on Sunday, winning best movie drama- the night's top prize- and best director for Ben Affleck on a night that left front-runner "Lincoln" with just one trophy.
-
*WHEN: Jan 15, Jan 23, Jan 24 (Fortescue. Australia's two other major producers, BHP Billiton BLT.L> and Fortescue Metals Group, are also set to post strong quarterly performances when they report later this month.
-
*Wheat pastures wither as drought persists. *Cattle moved to feedyards sooner than expected. CHICAGO, Jan 14- Oklahoma rancher Kent Donica has given up.
-
LAUNCESTON, Australia, Jan 14- Thailand starts the new year having surrendered its crown as the world's top rice exporter, and saddled with an ever-growing stockpile of the grain as the costs of its subsidy scheme mount.
-
WASHINGTON, Jan 14- Republican congressional leaders on Monday repeated their demand that increases in U.S. borrowing authority must be accompanied by spending cuts, despite President Barack Obama's insistence that the two issues be dealt with separately.
-
HALF MOON BAY, Calif., Jan 14- Worries over whether and how U.S. lawmakers will take the hard steps needed to put the nation on a sustainable fiscal path are top of mind as U.S. central bankers weigh monetary policy, a top Federal Reserve official said on Monday.
-
SHANGHAI, Jan 14- Chinese shares in Hong Kong struck a fresh 52- week-high on Monday, and mainland indexes jumped by more than 2.5 percent led by financials and property, which gained on a media report that the roll-out of a pilot property tax scheme could be delayed.
-
ATLANTA, Jan 14- The Federal Reserve's unconventional monetary stimulus has its limits, and could pose threats to market functioning and financial stability if pushed too far, Atlanta Fed Bank President Dennis Lockhart said on Monday.
-
* "Girls" creator Lena Dunham wins best comedy actress. BEVERLY HILLS, Calif., Jan 13- Post 9/ 11 psychological thriller "Homeland" was the big winner of the Golden Globe awards for television drama on Sunday for the second season running, while brash newcomer "Girls" and its struggling New York 20- somethings took home top comedy honors.
-
WASHINGTON, Jan 14- President Barack Obama said on Monday the U.S. economy would be damaged if a Washington impasse over raising the debt ceiling led to a government shutdown. "My hope is that common sense prevails," Obama said at a news conference.
-
SHANGHAI, Jan 14- China's yuan hit a record high for a second straight trading day on Monday as the dollar index continued to slide against a bullish euro. Trading volumes were strong, with more than $10 billion worth of transactions posted by noon.
-
*U.S. investors look to company results, Apple discourages. Apple Inc, the most valuable U.S. company, added to the earnings concerns after a report it had cut orders for LCD screens and other parts for the iPhone 5 this quarter due to weak demand.
-
WASHINGTON, Jan 14- President Barack Obama said on Monday that he would be willing to take over authority for raising the U.S. borrowing limit if Congress does not want to increase the debt ceiling.
-
*Iran's Revolutionary Guards hold exercises in Strait of Hormuz. SINGAPORE, Jan 14- Brent crude rose to near $111 a barrel on Monday as fears of disruption of supply from the Middle East resurfaced amid growing optimism for a revival in demand growth as the world's biggest economies show signs of steady recovery.
-
BEVERLY HILLS, Calif., Jan 13- Iran hostage drama "Argo" and musical "Les Miserables" were the big winners at the Golden Globes on Sunday, while presumed front-runner "Lincoln" received just one trophy.
-
BOSTON, Jan 13- Oracle Corp released an emergency update to its Java software for surfing the Web on Sunday, but security experts said the update fails to protect PCs from attack by hackers intent on committing cyber crimes.