GO
Loading...

Latest Business News Wires - Business Headlines

More

  • MOSCOW, Oct 30- Russia may limit food transit from Belarus and Ukraine to Kazakhstan because of attempts by the countries to supply banned food to Russia, the head of Russia's veterinary and phytosanitary service was quoted as saying on Thursday. Russia, Belarus and Kazakhstan have a free trade zone as part of their customs union and Minsk has promised to prevent...

  • LONDON, Oct 30- European shares turned lower on Thursday as banks in countries such as Italy, Greece and Spain resumed their recent downtrend. Shares in peripheral banks have mostly been falling since the publication of the results of the European Central Bank's stress tests over the weekend. Andrea Enria, the chairman of Europe's banking watchdog- the European...

  • *Dollar, yields jump after Fed ends QE. LONDON, Oct 30- The dollar surged to a three-week high, bond yields rose and gold fell on Thursday after the U.S. Asian shares mostly fell, following a slight decline on Wall Street overnight.

  • EU's Barroso urges Russia, Ukraine to finish gas talks Thursday, 30 Oct 2014 | 5:29 AM ET

    BRUSSELS, Oct 30- European Commission President Jose Manuel Barroso called on Russia and Ukraine on Thursday to finish negotiations on deliveries of Russian gas to Ukraine after discussions the previous day failed to produce results. "He urged all sides to seize the opportunity and conclude the negotiations in order to secure a continuous, reliable and...

  • *Central bank has spent more than $20 bln defending rouble. MOSCOW, Oct 30- The rouble hit a new low of more than 43 to the dollar on Thursday, as speculation grew that the Russian central bank will let the rouble float freely when it meets on Friday and as comments by the U.S. "The market is now expecting the central bank to announce the rouble free float at tomorrow's...

  • EU COMMISSION PRESIDENT BARROSO CALLS RUSSIA, UKRAINE TO SEIZE OPPORTUNITY AND CONCLUDE GAS TALKS.

  • LONDON, Oct 30- Royal Dutch Shell quarterly profit rose by almost a third, beating forecasts and adding to what has been a robust three months for European oil majors, who have yet to feel the full impact of a sharp drop in oil prices. Europe's biggest oil company by market value also said it had appointed former banker Charles Holliday as its chairman.

  • RIO DE JANEIRO, Oct 30- Brazil's Vale on Thursday posted a net loss of $1.44 billion for the third quarter, well below forecasts, hurt by a fall in the price of iron ore and a weakening Brazilian currency. The spot price of iron ore has fallen more than 40 percent this year as vast new production from Australia coincided with slower growth in China.

  • LONDON, Oct 30- Brent crude oil fell below $87 a barrel on Thursday, pressured by a stronger dollar after the Federal Reserve painted a brighter outlook for the U.S. economy. "Anything priced in U.S. dollars is seeing a fall since released that statement and that goes right across the commodities complex," said analyst Ben Le Brun at OptionsXpress, referring to the...

  • RUSSIA MAY LIMIT BELARUSSIAN FOOD TRANSIT TO KAZAKHSTAN DUE TO ATTEMPTS TO SUPPLY BANNED EU FOOD IMPORTS TO RUSSIA- RIA.

  • RUSSIA'S VETERINARY SERVICE SAYS MAY BAN PORK IMPORTS FROM BELARUS DUE TO OUTBREAK OF AFRICAN SWINE FEVER- RIA NEWS AGENCY.

  • *Rate futures show chance of Fed hike in September 2015. LONDON, Oct 30- The dollar climbed to its highest in more than three weeks against a basket of currencies, buoyed by higher U.S. yields, after the Federal Reserve sounded less dovish on policy and more confident about the U.S. economic recovery. "The positive sentiment is likely to be reinforced by today's...

  • LONDON, Oct 30- French stocks Alcatel Lucent, Technip and Renault led a rise in European shares early on Thursday after posting upbeat corporate updates. Auto-maker Renault upgraded its European auto market growth forecast, telecoms equipment maker Alcatel-Lucent improved its gross profit margin in the latest quarter and oil services group Technip posted...

  • SHANGHAI, Oct 30- Hong Kong shares ended lower on Thursday, as investors sold shares in companies that posted weaker earnings for the third quarter. The Hang Seng Index unofficially closed down 0.5 percent at 23,702.04 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong declined 0.9 percent. Shares of BYD Co Ltd...

  • LONDON, Oct 30- "If you can keep your head when all about you are losing theirs and blaming it on you," is the famous opening line of a poem by Rudyard Kipling that was once voted Britain's favourite verse. Published at the start of the 20th century, when Britain's empire was at its greatest extent, "If" captures the country's self-image as phlegmatic and unflappable.

  • LONDON, Oct 30- Royal Dutch Shell beat expectations with core earnings of $5.8 billion for the third quarter and maintained its dividend as both upstream and downstream divisions delivered strong results. Europe's biggest oil company by market value also said it had appointed former chairman of Bank of America Charles Holliday as its chairman.

  • MOSCOW, Oct 30- The rouble opened sharply weaker on Thursday, hitting a new all-time low of over 43 roubles per dollar, after comments by the U.S. The rouble has lost nearly a quarter of its value against the dollar this year on falling oil prices, risk aversion towards Russia because of its role in the Ukraine crisis and demand for foreign currency from Russian firms...

  • HONG KONG, Oct 30- Even as China quickly expands the use of its currency to financial hubs in Asia and Europe this year, bankers are already looking to Canada and Middle East as the next growing regions for their offshore yuan buinsess. "There is big potential in the Middle East and Canada in terms of where's next for offshore yuan development, and the needs there are...

  • MOSCOW, Oct 30- Russia's rouble currency opened sharply weaker on Thursday, hitting a new all-time low of over 43 roubles per dollar. By 0708 GMT, the rouble had recovered slightly but was still 0.42 percent weaker against the dollar at 43.37 and lost 0.07 percent to trade at 54.67 versus the euro. The rouble has lost about a quarter of its value against the dollar...

  • MOSCOW, Oct 30- The minimum interest rate at a dollar repo auction to be held later on Thursday will be 2.1207 percent, the Russian central bank said in a statement. The bank has previously said that the auction will be for one-week repos with the volume limited to $2 billion. This follows an auction for 28- day dollar repos on Wednesday.