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  • LIMA, Oct 8- Central banks have little room for error in a low-growth world in which over-leveraged and commodity-dependent emerging economies and a slowing China are major risks, top international financiers told the International Monetary Fund's meeting. Federal Reserve and the Bank of England, are holding fire. For both the Fed and the Bank of England,...

  • SAO PAULO, Oct 8- Sao Paulo will introduce new regulations to govern ride-sharing services such as Uber instead of backing an outright ban proposed by local Brazilian lawmakers, the mayor of South America's biggest city said on Thursday. Uber Technologies Inc's service has triggered protests by taxi drivers in cities around the world as it upends traditional...

  • "The exact timing of the Fed move is not decisive for the timing of the move by the Bank of England," Carney said in a seminar at the annual meeting of the International Monetary Fund. Carney made the point that in the five rate cycles since Britain adopted inflation targeting, the Bank of England moved before the Fed in two of them. Asked if the market was right in...

  • NEW YORK, Oct 8- The New York branch of the Federal Reserve on Thursday named Kevin Stiroh its new head of financial supervision, replacing Sarah Dahlgren as one of the U.S. central bank's top Wall Street regulators. As the government regulator closest to Wall Street, the New York Fed does much of the on-the-ground supervision and research for broader efforts such...

  • WASHINGTON, Oct 8- Ethiopian Airlines told Boeing Co that the shutdown of the U.S. Export-Import Bank raised concerns about the airline's ability to take delivery of Boeing jets already ordered and would force it to reevaluate future orders. Ethiopian Airlines Chief Executive Tewolde GebreMariam told Boeing in the letter dated Oct. 3 that uncertainty about...

  • IMF's Lagarde says open to a second term if called Thursday, 8 Oct 2015 | 3:28 PM ET

    LIMA, Oct 8- International Monetary Fund Managing Director Christine Lagarde said on Thursday she is open to serving a second term at the helm of the global lender. "I'm certainly open to the fact that it would not be my last annual meeting, but this is not for me to decide, it's for the membership," she said at a press conference during the Fund's annual meeting in Lima,...

  • *Gold briefly rallied after Fed's meeting minutes. NEW YORK/ LONDON, Oct 8- Gold turned lower on Thursday in a dramatic turnaround after Federal Reserve meeting minutes showed policymakers at the U.S. central bank were unsettled by signs of a global economic slowdown but that their outlook was not "materially altered." "Gold's initial rally above $1,150 and...

  • EXCLUSIVE-MOBILE SERVICE PROVIDER NII HOLDINGS INC TO EXPLORE STRATEGIC ALTERNATIVES FOR BRAZIL UNIT-SOURCES.

  • Oct 8- U.S. stocks gained ground on Thursday after the Federal Reserve released minutes from its September meeting at which the U.S. central bank decided against raising interest rates for now. "Stocks are reacting positively, and the dollar's reacting negatively to the slightly more dovish comments about near-term prospects for inflation," said Patrick...

  • *EPA expects proposals from VW next week on fixing cars. WASHINGTON, Oct 8- Volkswagen's cheating on emissions with the use of software in diesel cars was not a corporate decision, but something that "individuals did," its U.S. chief executive told lawmakers on Thursday. Volkswagen used different defeat devices in Europe and the United States, Horn said, as emissions...

  • *PIRA Energy Group sees crude rising to $75/ bbl by 2017. NEW YORK, Oct 8- Oil prices climbed to their highest in three months on Thursday after a closely watched oil forecaster predicted prices would climb to $75 over the next two years, adding to early gains notched after a rally in Chinese stocks worries about Syria. PIRA Energy Group, a closely watched forecaster...

  • In a recorded telephone conversation dated Aug. 20, 2007 and played to Southwark Crown Court, the former JPMorgan trader Stuart Wiley told the former ICAP manager Danny Wilkinson that the bank had replaced an employee responsible for Libor rates, whom he described as "so by-the-book." Wilkinson, a former desk head at ICAP who is on trial with five other brokers in...

  • SAN FRANCISCO, Oct 8- Lyft has partnered with Hertz Global Holdings Inc to offer rental cars to its drivers, the ride-hailing company said at a media event on Thursday. Daily, weekly and monthly car rentals from Hertz are now available for Lyft drivers in Las Vegas, said Oliver Hsiang, Lyft's Vice President of Partnerships. Lyft is also partnering with Shell to offer...

  • Lyft says partnering with Hertz, Shell Thursday, 8 Oct 2015 | 2:42 PM ET

    SAN FRANCISCO, Oct 8- Ride-hailing company Lyft has partnered with Hertz Global Holdings Inc to offer rental cars to its drivers, Oliver Hsiang, Lyft's Vice President of Partnerships, said at a media event on Thursday.

  • NEW YORK, Oct 8- U.S. Democratic presidential hopeful Hillary Clinton on Thursday introduced a plan to curb what she called Wall Street abuses, including a "risk fee" on the largest financial institutions and breaking up banks considered "too big to fail." "These sound like much more meaningful reforms than some of the things she has suggested earlier," said former...

  • Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals said on Thursday that the heirs of J. Fred Coots, who co-wrote the Christmas classic with Haven Gillespie in 1934, are entitled to reclaim their copyright in the song from EMI Feist Catalog. Coots died in 1985. The lawsuit was brought by his daughter Gloria Coots Baldwin and granddaughters...

  • Oct 8- The S&P 500 and Dow indexes gained slightly and Nasdaq pared losses on Thursday after the Federal Reserve released minutes from its September meeting at which the U.S. central bank decided against raising interest rates for now. "Overall it doesn't sound like there were any bombshells there," said Peter Jankovskis, co-chief investment officer at OakBrook...

  • SAN FRANCISCO, Oct 8- Like it or not, Facebook Inc's trademark "like" button is set to get more expressive. Facebook CEO Mark Zuckerberg said in a Facebook post Thursday that users have been requesting ways other than like to respond to posts, such as when someone posts about the death of a loved one or a tragic news story. The company said it would pilot the new features...

  • WASHINGTON, Oct 8- The U.S. The minutes from the Sept. 16-17 meeting released on Thursday showed the Fed's policymaking committee was unsettled by signs of turmoil abroad but didn't think this had "materially altered" the outlook for the economy. The Fed surprised much of Wall Street by keeping interest rates unchanged at the September meeting.

  • Oct 8- Netflix Inc said on Thursday it has increased the subscription rate for some new members by $1.00 a month to $9.99 in the United States, Canada and Latin America. Netflix, whose original content includes shows such as " House of Cards", "Orange is the New Black" and "Narcos", is aggressively moving into new markets and has said it aims to be available in 200 countries...