WASHINGTON, Aug 23- President Barack Obama on Saturday urged business owners to press Congress to reauthorize the U.S. Export-Import Bank, which could halt any new financing Sept. 30- as some conservative Republicans hope it will- if lawmakers fail to act.» Read More
KHOBAR, Saudi Arabia, April 9- Major Saudi Arabian construction firm Abdullah A. M. Al-Khodari Sons expects labour reforms to keep weighing on its bottom line for a few more years, but the situation will start improving in the second half of 2014, its chief executive said.
Secretary of State Victoria Nuland said on Wednesday that Washington has no doubt that Russians were behind the takeovers of government buildings in eastern Ukraine this week. "I don't think that we have any doubt the preponderance of direct Russian involvement," Nuland, the top U.S. diplomat for Europe, said at a congressional hearing on the Ukraine crisis.
NICOSIA, April 9- Cyprus expects to return to international markets late next year but cannot rule out testing the waters earlier to gauge the appetite for Cypriot debt, the president of the bailed-out Mediterranean nation said on Wednesday.
*Shares open at $16.75, below IPO price of $17. La Quinta's shares, which priced below the expected range at $17, fell as much as 4 percent in early trading before recovering their losses to trade slightly up.
DOES NOT HAVE ANY DOUBT THAT RUSSIANS WERE BEHIND TAKEOVERS OF GOVERNMENT BUILDINGS IN UKRAINE.
April 9- Social networking site Wikia announced on Wednesday a new effort to attract more brands to its platform with the creation of Fan Studio. As part of the launch, gaming company Carbine Studios is using Wikia to roll out one of its forthcoming multi-player online games, called WildStar, for a large number of players.
NEW YORK, April 9- A group of small brokerages and large commodities companies have convinced lawmakers to tweak a rule they say would have made derivatives trading more expensive for them and sent more business to Wall Street banks that already dominate the market.
Confectionary company Mars Inc said it would buy Procter& Gamble Co's pet food brands IAMS, Eukanuba and Natura in the United States and Latin America for $2.9 billion to beef up its pet food business. LONDON/ ATHENS- Bailed-out Greece is set to end its four-year exile from bond markets on Thursday with a five-year debt issue, three sources say.
BOGOTA, April 9- Colombia's largest cement maker, Argos, said on Wednesday it will pay 50 million euros for a French Guiana company owned in equal parts by Lafarge and Holcim, two days after those companies announced a merger. Holcim said on Monday that it would buy Lafarge, creating the world's largest cement maker, with combined annual sales of $44 billion.
LONDON, April 9- The United States has replaced OPEC as the marginal petroleum supplier to the world thanks to the shale revolution and improvements in automotive fuel efficiency. Net U.S. imports of crude and products have halved over the last five years, or by an amount equivalent to the entire daily crude exports of Saudi Arabia.
WASHINGTON, April 9- Detroit has reached a settlement with three bond insurers on $388 million of its unlimited tax general obligation bonds, a court-appointed mediator said on Wednesday.
COMCAST EXECUTIVE DAVID COHEN SAYS MERGER WITH TIME WARNER CABLE WILL RESULT IN NO LOST COMPETITION.
NEW YORK, April 9- U.S. stocks edged higher on Wednesday, putting the S&P 500 on track for a second straight advance, in the wake of earnings from Alcoa and ahead of the minutes from the last Federal Reserve meeting.
*NOC is Ethiopia's largest private marketer. ADDIS ABABA, April 9- Ethiopia's leading private oil marketer plans to expand into neighbouring east African economies and is interested in part financing a refinery after commercial discoveries in the region.
BRASILIA, April 9- Brazil's rate of inflation in March picked up at the quickest pace in 11 years for that month, challenging the central bank's plan to stop raising interest rates soon and complicating President Dilma Rousseff's chances of re-election.
REMAINING BOND PAYMENTS TO BE APPLIED TO INCOME STABILIZATION FUND FOR DETROIT PENSIONERS-MEDIATORS.
SETTLEMENT TO BE INCLUDED IN FORTHCOMING AMENDED BANKRUPTCY PLAN-MEDIATORS.
SETTLEMENT REINSTATES $287.5 MLN OF GO BONDS IN PRINCIPAL AMOUNT ON CURRENT TERMS-COURT MEDIATORS.
DETROIT SETTLEMENT WITH BOND INSURERS AMBAC, ASSURED, NATIONAL PUBLIC FINANCE GUARANTEE ALLOWS $388 MLN OF UTGO CLAIMS.
ROME, April 9- Italian Prime Minister Matteo Renzi defended his fiscal reform plans on Wednesday against critics inside and outside his Democratic Party as the European Commission reminded Italy of its commitment to balance its budget.