Latest Business News Wires - Business Headlines



  • NEW YORK, April 28- American Realty Capital Properties Inc is in talks to buy NorthStar Realty Finance Corp, according to people familiar with the matter, in a deal that would combine a major property owner with a real estate financing company,.

  • WASHINGTON, April 28- The U.S. Supreme Court on Monday agreed to decide what process struggling homeowners need to follow if they want to back out of mortgages issued when lenders fail to adhere to a federal disclosure law.

  • LONDON, April 28- Anglo-Dutch oil major Shell said it will comply with all international sanctions, following a United States government decision to impose sanctions against the head of Russian oil producer Rosneft.

  • *BRENT CRUDE OIL FUTURES FALL 1.00 TO $108.58/BBL Monday, 28 Apr 2014 | 11:09 AM ET

  • LONDON, April 28- Three London-based traders suspended or fired as part of a global investigation into alleged collusion and price-rigging in the foreign exchange market were not registered by Britain's financial market watchdog, revealing inconsistencies in the oversight of the world's biggest marketplace, Reuters analysis of the Financial Conduct Authority's filings has shown.

  • OSLO, April 28- A type of bacteria that eats natural gases may provide a small defence against leaks such as BP's Gulf of Mexico oil spill in 2010 and curb global warming, a scientific report said on Monday.

  • Lidl postpones plan to open U.S. stores to 2018 Monday, 28 Apr 2014 | 10:57 AM ET

    *Owned by Germany's third-richest man, Dieter Schwarz. Klaus Gehrig, chief executive of the Schwarz Group which owns Lidl, told German local newspaper Heilbronner Stimme that preparations to enter the United States were proceeding apace but the first stores were only planned for 2018. His comments were confirmed by a Lidl spokeswoman on Monday.

  • *Russia- Ukraine tensions cap bond yields. Losses, however, remained limited by the ongoing political tension between Russia and Ukraine. On Friday, long bond yields fell to their lowest in more than nine months after Russia unexpectedly raised interest rates just hours after the S&P downgraded the country's credit rating.

  • American Realty in talks to buy NorthStar Realty - FT Monday, 28 Apr 2014 | 10:51 AM ET

    April 28- American Realty Capital Properties Inc, a real estate investment trust, is in talks to buy NorthStar Realty Finance Corp in deal that could value the company at about $6.4 billion, the Financial Times reported. The two companies are discussing an offer price of $20 per share, the FT said, citing sources familiar with the matter.

  • Shares of the company, whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Club Cruise, fell as much as 3.2 percent in early trading. Royal Caribbean said its cruise operations were hurt by several mishaps in the first quarter. Royal Caribbean has also been struggling to boost sales in the Caribbean, its biggest market.

  • WASHINGTON, April 28- Contracts to buy previously owned U.S. homes rose in March for the first time in nine months, a sign the housing market could be stabilizing after suffering a setback from a rise in interest rates and a severe winter.

  • BOSTON, April 28- The U.S. Department of Homeland Security advised computer users to consider using alternatives to Microsoft Corp's Internet Explorer browser until the company fixes a security flaw that hackers have used to launch attacks.

  • April 28- Bank of America Corp said it would suspend its $4 billion stock buyback program and a planned increase in its quarterly dividend because it miscalculated the level of its capital after buying Merrill Lynch in 2009..

  • U.S. removes Philippines from copyright blacklist Monday, 28 Apr 2014 | 10:39 AM ET

    WASHINGTON, April 28- The United States has removed the Philippines from its blacklist of countries which do not properly protect U.S. copyrights and patents, the U.S. President Barack Obama and senior U.S. officials visited the Philippines on Monday as the last stop on a week-long tour of Asia.

  • OSLO, April 28- Budget airline Norwegian Air has suspended talks on buying 20 Dreamliner planes from Boeing because of a delay in receiving U.S. backing for its long-haul plans, Chief Executive Bjoern Kjos said in a letter.

  • LONDON, April 28- British oil major BP said it intends to remain a long-term investor in Russia's Rosneft following a decision by the United States government to impose sanctions against the head of the Russian energy company. "We are committed to our investment in Rosneft, and we intend to remain a successful, long-term investor in Russia," a BP spokesman said.

  • TAKE A LOOK-Pfizer's pursuit of AstraZeneca Monday, 28 Apr 2014 | 10:34 AM ET

    April 28- U.S. drugmaker Pfizer Inc is working on its next move in a potential $100 billion battle for Britain's AstraZeneca Plc, after having two bids rejected. >Pfizer chasing AstraZeneca for potential $100 billion deal. >Pfizer talking to UK government about AstraZeneca.

  • *Serious Fraud Office charges 3 ex- Barclays traders. LONDON, April 28- Britain on Monday filed its first criminal charges against U.S.-based Libor traders, as the UK arm of a complex global investigation into alleged benchmark interest-rate rigging stretches across the Atlantic.