Latest Business News Wires - Business Headlines


  • FARNBOROUGH, England, July 15- Boeing announced a 26- plane deal with lessor Air Lease Corp on Tuesday including six of the wide-body 777-300 ER model and 20 of the smaller 737 MAX 8..

  • LONDON, July 15- Brent crude oil slipped below $106.50 a barrel on Tuesday as easing concerns over global supplies offset the impact of renewed violence in Libya. The latest violence came as oil output from Libya rose to nearly 500,000 barrels per day after Tripoli reached a deal with rebels controlling key export ports.

  • FARNBOROUGH, England, July 15- Airbus sales chief John Leahy expects at least 50 orders for the European planemaker's revamped A330neo at this week's Farnborough Airshow, and is aiming for over 100, he told Reuters Insider TV on Tuesday.

  • *Hamas leader in Cairo says group undecided over truce. GAZA/ JERUSALEM, July 15- Palestinian militants fired rockets at Israel on Tuesday after it agreed to an Egyptian proposal to end the week-old Gaza conflict, and a Hamas leader said the Islamist group was still undecided on whether to accept the ceasefire.

  • EU's Juncker urges minimum wage in all EU countries Tuesday, 15 Jul 2014 | 5:09 AM ET

    STRASBOURG, France, July 15- Designated European Commission President Jean-Claude Juncker said on Tuesday he would work towards the introduction of a minimum social wage in each member state of the European Union.

  • SHANGHAI/ HONG KONG, July 15- A Chinese government agency that oversees state-owned firms on Tuesday named six of them it said will participate in a reform process that could widen the role private capital plays in China's massive state sector.

  • LONDON, July 15- GE Aviation chief executive David Joyce said the firm expected to achieve its Farnborough Airshow target of $30 billion of orders and commitments by the end of Tuesday.

  • STRASBOURG, France, July 15- Designated European Commission President Jean-Claude Juncker called on Tuesday for a 300 billion euro public-private investment programme to revive the European economy, create jobs for the young and stimulate growth over the next three years.

  • The pan-European FTSEurofirst 300 share index rose 0.1 percent, with benchmark indexes in Frankfurt, Paris and London trading flat to 0.3 percent higher, held back by a weaker technology sector as Germany's Software AG fell 15 percent after cutting forecasts.

  • Discussions are still under way about whether F-35 jets can travel to Britain for the Farnborough air show under the restrictions imposed, the sources said.

  • LONDON, July 15- The yen eased on Tuesday after the Bank of Japan sounded some cautious notes on growth but stopped well short of hinting at a new bout of money-printing.

  • Hong Kong shares end higher, China Mobile leads again Tuesday, 15 Jul 2014 | 4:07 AM ET

    HONG KONG, July 15- Hong Kong shares firmed on Tuesday, with China Mobile being the top boost on the Hang Seng for the second day after a deal with two other telecom firms to share infrastructure.

  • *Software AG down 14 pct after cutting sales outlook. LONDON, July 15- European shares were little changed on Tuesday as a gloomy outlook statement from Software AG was partly offset by strong earnings reports from Scandinavian companies such as H&M.

  • China taps six state-owned firms for reforms Tuesday, 15 Jul 2014 | 4:01 AM ET

    SHANGHAI, July 15- A Chinese government agency overseeing state-owned firms on Tuesday identified six of them that will be part of a reform process aimed at giving private capital a bigger role in China's massive state sector.

  • TOKYO, July 15- Japanese messaging app operator Line Corp applied for an initial public offering valued at over 1 trillion yen around two weeks ago at the Tokyo Stock Exchange, a person with knowledge of the matter said on Tuesday.

  • AIRSHOW-Russian participants urged to quit UK air show Tuesday, 15 Jul 2014 | 3:55 AM ET

    Unlike previous years, when Russian military displays have been some of the main attractions, Russia has no military hardware on display at Britain's Farnborough Airshow after it was dragged into an East-West diplomatic row over Ukraine. Britain snubbed Russia last week by not inviting any of its government officials to the biennial air show.

  • FSB launches consultation on deeper FX fixing reform Tuesday, 15 Jul 2014 | 3:55 AM ET

    LONDON, July 15- Global regulator the Financial Stability Board is looking into deep-rooted changes to the foreign exchange market's system of fixing benchmarks in response to allegations now being investigated that dealers at major banks manipulated rates.

  • *Oz Minerals, PanAust, see full yr copper output at higher end of range. SYDNEY, July 15- London copper fell to its lowest in nearly two weeks on Tuesday, with traders who follow chart-based strategies selling as a month-long rally appeared to sputter.

  • NEW DELHI, July 15- Indian Prime Minister Narendra Modi's government will decide next month on the sale of a $3 billion stake in state oil firm ONGC, in a major test of whether he will follow tentative reforms outlined in his first budget with actions.

  • HONG KONG, July 15- China shares ended up on Tuesday as gains food and beverage companies erased losses stemming from concerns a second batch of initial public offerings could pull funds from existing stocks. The CSI300 of the leading Shanghai and Shenzhen A-share listings also inched up 0.2 percent.