GO
Loading...

Latest Business News Wires - Business Headlines

More

  • The Environmental Working Group, a Washington, D.C.- based health information non-profit, said its report covers more than 1,500 cereals, including 181 marketed to children. "But there is a lot that manufacturers can be doing and FDA can be doing, to protect kids." The group said one of the worst offenders is Kellogg Co.' s Honey Smacks, with 56 percent sugar by weight.

  • SAN FRANCISCO, May 15- Economists within the Federal Reserve are struggling to size up the strength of the U.S. labor market but can't even agree what yardstick to use.

  • Some 200 activists have said they plan to protest at the FCC on Thursday, joining a few hard core critics who have camped outside the agency for a week. Those advocates want the FCC to reclassify Internet providers as utilities, like telephone companies, rather than as the less-regulated information services they are now.

  • *Tencent jumps after strong earnings, share split. HONG KONG/ SHANGHAI, May 15- China shares fell on Thursday as investors took profit on property and nickel shares, which had produced solid gains this week.

  • LAUNCESTON, Australia, May 15- Aluminium futures in Shanghai may perform better than their London counterparts in the next few months as the outlook brightens for what has been one of China's most chronically oversupplied commodities.

  • NEW YORK, May 14- Works by Andy Warhol, Gerhard Richter and Jeff Koons each sold for more than $25 million on Wednesday, helping drive Sotheby's $364 million sale of contemporary art, which the auction house said was among its highest totals ever.

  • Brent holds above $110 on Ukraine supply disruption risks Thursday, 15 May 2014 | 12:19 AM ET

    SINGAPORE May 15- Brent crude held above $110 a barrel on Thursday near the highest in nearly three weeks as on-going concerns over the crisis in Ukraine outweighed mixed U.S. oil inventory data.

  • WASHINGTON, May 15- Foreclosure activity across the United States fell 1 percent last month, as banks scheduled fewer auctions even as they reclaimed more homes, a report from RealtyTrac said on Thursday.

  • HANOI, May 15- More than 20 people were killed and rioters attacked Vietnam's biggest steel plant overnight as violent anti- China protests spread to the centre of the country a day after arson and looting in the south, a doctor and newspapers said on Thursday.

  • May 14- China's CITIC Pacific Ltd said it had secured $5.1 billion to help fund the purchase of some $36 billion in assets from its state-owned parent company, as strategic investors lined up to give the landmark deal their blessing.

  • GLOBAL MARKETS-Asian shares tread water, bonds supported Wednesday, 14 May 2014 | 11:53 PM ET

    TOKYO, May 15- Asian shares pared early losses on Thursday but held below the previous session's one-month highs, while expectations of credit easing by the European Central Bank knocked yields on U.S. and European bonds.

  • *Gold steady above $1,300, Chinese buying eases. SINGAPORE, May 15- Palladium and platinum largely held gains from a three-day rally on Thursday as rising labour tensions in major producer South Africa threatened to further impact supply.

  • *GrainCorp reports 43 pct drop in H1 profits. SYDNEY, May 15- Australia's largest listed agribusiness GrainCorp posted a sharp fall in profit on Thursday on lower east coast grain production and could also face difficult conditions this year with the expected onset of an El Nino weather pattern.

  • *Q1 earnings due after Malaysia stock market closes. SINGAPORE, May 15- Malaysia Airlines is going through a "thorough review" of its business plan to ensure it can sustain operations in the longer term, the loss-making company said in a statement late on Wednesday.

  • *GrainCorp reports 43 pct drop in H1 profits. SYDNEY, May 15- Australia's largest listed agribusiness GrainCorp posted a sharp fall in profit on Thursday on lower east coast grain production and could also face difficult conditions this year with the expected onset of an El Nino weather pattern.

  • UPDATE 1-Typhoons slow growth in Philippines farm output Wednesday, 14 May 2014 | 11:12 PM ET

    MANILA, May 15- Growth in agricultural output in the Philippines slowed in the first quarter from the same period a year ago after strong typhoons hit the country.

  • SYDNEY, May 15- London nickel plunged nearly 10 percent on Thursday as light profit-taking triggered a blast of momentum-based sales after supply concerns fuelled a rally of more than 15 percent in the past week.

  • LAS VEGAS, May 14- Billionaire hedge fund manager David Tepper sounded a cautious message on Wednesday, telling a ballroom packed with other managers and investors that he was "nervous" about the stock market but that this was not the time to sell.

  • TOKYO, May 15- The euro wallowed near six-week lows against the dollar on Thursday, weighed by lower government debt yields amid rising expectations the European Central Bank is poised to cut rates at next month's meeting. It was fetching $1.3719, little changed from late New York trade on Wednesday and within striking distance of that six-week trough.

  • NEW YORK, May 14- AT&T Inc is working with investment bank Lazard Ltd as it negotiates a potential takeover of DirecTV, the country's top satellite TV operator, according to people familiar with the matter.