GO
Loading...

Latest Business News Wires - Business Headlines

More

  • *U.S. sanctions on Russia add risk premium to crude. SAN FRANCISCO, July 17 (Reuters)- U.S. crude oil jumped by more than $1 on Thursday after tougher U.S. sanctions on Russia raised geopolitical concerns and the prospect of increased European demand for refined products from the United States.

  • July 17- Shire Plc and U.S. drugmaker Abbvie Inc plan to announce a $53 billion merger as soon as Friday morning, two people said on Thursday. Dublin- based Shire, which sells drugs for rare diseases, said earlier this week it was ready to recommend a deal to shareholders after AbbVie increased its offer.

  • REFILE-YOUR MONEY-Is organic chicken worth the price? Thursday, 17 Jul 2014 | 12:59 PM ET

    While a whole, generic store-brand chicken typically costs about $1.50 per pound, the price for organic chicken is $2.69 a pound at Trader Joe's, the U.S. grocery chain, and $4.99 per pound from online grocer Fresh Direct. Whole Foods sells boneless, skinless organic chicken breasts for $8.99 per pound.

  • China, Brazil close plane, finance, infrastructure deals Thursday, 17 Jul 2014 | 12:59 PM ET

    BRASILIA, July 17- China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.

  • MOSCOW, July 17- U.S. sanctions on Russia's defense firms took aim at the most iconic names of Soviet and Russian weaponry, hitting their exports and punishing the makers of arms used by pro-Russian separatists in eastern Ukraine.

  • FARNBOROUGH, England, July 17- Once the preserve of science fiction, a one-man flying machine is now a viable, cost-effective option for the police and military, according to UK manufacturer Parajet International.

  • YOUR MONEY-Is organic chicken worth the price? Thursday, 17 Jul 2014 | 12:36 PM ET

    While a whole, generic store-brand chicken typically costs about $1.50 per pound, the price for organic chicken is $2.69 a pound at Trader Joe's, the U.S. grocery chain, and $4.99 per pound from online grocer Fresh Direct. Whole Foods sells boneless, skinless organic chicken breasts for $8.99 per pound.

  • LONDON, July 17- A Malaysian airliner has been shot down over eastern Ukraine, according to a Ukrainian interior ministry official.

  • LONDON, July 17- A self-styled lord nicknamed Fast Eddie was ordered to pay 13.9 million pounds by a London court on Thursday after masterminding a sophisticated scam that charged advance fees for commercial loans it never provided.

  • LONDON, July 17- European shares slumped on Thursday, sharply extending losses at the end of the trading day on news that a Malaysian passenger plane had crashed in Ukraine near the Russian border. The crash revived investors' fears over tensions between Ukraine and Russia.

  • U.S. SEC scuttles Nasdaq options rebate plan Thursday, 17 Jul 2014 | 12:18 PM ET

    NEW YORK, July 17- The U.S. Securities and Exchange Commission has denied a plan by Nasdaq OMX Group Inc to offer rebates to some of the biggest customers of one of its options exchanges, based on the amount of trading they do across all three of Nasdaq's options markets.

  • NEW YORK/ LONDON, July 17- Gold prices climbed more than 1 percent on Thursday on heightened geopolitical tensions and news of more U.S. sanctions against Russia, while palladium rose more than 1 percent on renewed supply worries.

  • BEIJING, July 17- China will try in public a foreign couple linked to drugmaker GlaxoSmithKline Plc on charges of illegally obtaining private information, state media said, after the United States and Britain raised concerns about access to the trial.

  • *Russia assets fall as U.S., EU impose more sanctions. NEW YORK, July 17- Stock markets around the world on Thursday extended losses while safe-haven assets rose following news that a Malaysian airlines jet had crashed near in eastern Ukraine near the Russia border.

  • FARNBOROUGH, England, July 17- Traditionally companies which have guarded their secrets closely, arms makers are opening up to partnerships and technology sharing to meet the demands of overseas buyers they need to offset budget cuts at home.

  • NEW YORK, July 17- U.S. stocks dropped on Thursday to hit session lows on news that a Malaysian passenger jetliner had been downed in Ukraine, fresh on the heels of new U.S. and European Union sanctions on Russia.

  • NEW YORK, July 17- U.S. stocks hit session lows on Thursday following news of a Malaysian Airlines jet crash near the Ukraine- Russia border. Malaysia Airlines said it lost contact with a passenger jet that took off from Amsterdam earlier in the day and was headed to Kuala Lumpur, Malaysia's capital.

  • The U.S. government imposed sanctions on Wednesday on some major players in the Russian economy over what Washington says is Moscow's reluctance to curb violence in Ukraine. News that nearly 300 were killed when a Malaysian Airlines plane crashed in eastern Ukraine came after the market close.

  • GM GENERAL COUNSEL MILLIKIN SAYS COMPANY WILL NOT WAIVE BANKRUPTCY SHIELD FOR THOSE WHO PURSUE LEGAL CLAIMS OUTSIDE THE FEINBERG FUND.

  • *U.S. imposes toughest Russia sanctions yet over Ukraine. LONDON, July 17- New U.S. sanctions imposed on Russia for its actions in Ukraine will make it more difficult for Russian companies to refinance existing international loans and has dashed hopes that Russia's syndicated loan market is reopening, bankers said on Thursday.