Also on Sunday, Greece's new leftist government began its drive to persuade a sceptical Europe to accept a new debt agreement while it starts to roll back on austerity measures imposed under its existing bailout agreement. It seeks to end the existing arrangement with the European Union, the European Central Bank and International Monetary Fund "troika" when...» Read More
RUSSIA HAS MEASURES READY TO RESPOND TO WESTERN SANCTIONS, BUT HOPES COMMON SENSE WILL PREVAIL IN THE WEST- RIA NEWS AGENCY CITING KREMLIN.
NEW YORK, Sept 11- JDS Uniphase and Lululemon Athletica Inc were among the biggest premarket movers on Thursday, with both companies moving on heavy volume and on track for their biggest one-day jumps in years.
LONDON, Sept 11- The dollar powered to a fresh six-year high against the yen on Thursday, while sterling got some respite from a poll that helped calm nerves over Scotland's vote on independence in a week's time.
Sept 11- Troubled electronics retailer RadioShack Corp said it may need to file for bankruptcy if its cash situation worsens, after reporting its tenth straight quarterly loss. RadioShack, whose sales have been in a free-fall since 2010, said it was working with its lenders and landlords to restructure its debt and cut costs.
OSLO, Sept 11- Dutch oil platform leasing firm SBM Offshore NV, which is under investigation in Brazil for alleged bribery, expects to be able to bid for Brazilian projects again after the country's election in October, its chief executive said on Thursday.
DOLLARAMA'S QUARTERLY PROFIT RISES 15 PCT@. Sept 11- Canadian dollar-store operator Dollarama Inc reported a 15 percent rise in quarterly profit as its number of stores increased and customers spent more per visit. Dollarama had 66.3 million shares outstanding as of Wednesday, according to Thomson Reuters data.
Sept 11- Data storage products maker EMC Corp has decided to consider selling its stake in its virtualization software unit, VMware Inc, New York Post reported, citing sources familiar with the situation.
Banks and investors have already criticized Europe for diverging from agreed international standards and have warned that the European proposal could increase the cost of trading over-the-counter derivatives, such as interest rate swaps, in Asia by hundreds of billions of dollars, threatening systemic stability and potentially forcing EU banks out of the Asian OTC derivatives markets.
*Statement comes before Ban summit in New York on Sept. 23. Secretary-General Ban Ki- moon in New York, the World Bank and other banks said they had delivered $75 billion in financing since they started joint tracking of funds in 2011..
MUMBAI, Sept 11- A government drive to expand banking services in India is giving a boost to home-grown card payment network RuPay, which expects to quadruple the number of users by March and make debit cards more acceptable in a nation where cash is still king.
Switzerland's Sonova, Danish companies William Demant and GN Resound, a unit of GN Store Nord, each generate about 35 to 45 percent of their revenues from North America, with most of that coming from the United States. Germany's Siemens, the world's third-biggest hearing aids maker, does not disclose figures for this part of its business.
LONDON, Sept 11- European leaders spoke early on Thursday and agreed to push ahead with a package of sanctions against Russia by the end of the week, due to its aggression towards Ukraine, British Prime Minister David Cameron's spokesman said.
MOSCOW, Sep 11- The central bank provided the following figures for its gold and foreign exchange reserves on Thursday:. NOTE- The reserves include monetary gold, special drawing rights, reserve position at the IMF and foreign exchange. For full reserves history click on www.cbr.ru.
BEIJING, Sept 11- China's three anti-monopoly regulators on Thursday launched a vigorous defence of their recent investigations into foreign companies, which have prompted mounting international criticism, and said they are not targeting multinational firms.
*OPEC predicts 1 million bpd supply surplus in 2015. LONDON, Sept 11- Brent crude dropped to a two-year low below $97 a barrel on Thursday, falling for a sixth straight session as worries over mounting supply and weak demand outweighed concerns that conflicts in the Middle East could curb oil production.
BERLIN, Sept 11- The chief executive of aerospace and defense group Airbus criticized the German government on Thursday for its restrictive export policy on defense goods, saying it could deter international partners from cooperating on future defense projects.
BERLIN, Sept 11- The chief executive of aerospace and defence group Airbus criticised the German government on Thursday for its restrictive export policy on defence goods, saying it could deter international partners from cooperating on future defence projects.
Sept 11- Food retailer Smart& Final Stores Inc said it expects its initial public offering to be priced between $12 and $14 per share, valuing the century-old company at nearly $1 billion. Smart& Final, which is backed by private equity firm Ares Management LP, runs 250 non-membership, small-box, warehouse-style stores in western United States.
Sept 11- Troubled electronics retailer RadioShack Corp reported its tenth straight quarterly loss and said it was in advanced talks with a number of parties to raise capital. The company's net loss widened to $137.4 million, or $1.35 per share, in the second quarter ended Aug. 2 from $52.2 million, or 51 cents per share, a year earlier.
LONDON, Sept 11- European leaders spoke early on Thursday and agreed to push ahead with a package of sanctions against Russia by the end of the week, due to its aggression towards Ukraine, the spokesman for British Prime Minister David Cameron said.