GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • HOUSTON, Feb 7- The United Steelworkers union said on Saturday the strike by U.S. refinery workers is expanding to two more plants early on Sunday due to unfair labor practices by oil companies. Walk-outs at BP Plc's Whiting, Indiana, refinery and the company's joint-venture refinery with Husky Energy in Toledo, Ohio, shortly after 12 a.m. local time on Sunday would...

  • *PM Abbott wants to cut state support for industry. SYDNEY, Feb 8- Australia faces a A $17 billion exodus of investment from its windfarm industry because of a political deadlock, threatening to deal the country a major economic blow and kill hopes of meeting a self-imposed clean energy target. "It's a difficult time at the moment, and the policy uncertainty is the...

  • NEW YORK, Feb 7- NBC News anchor Brian Williams said on Saturday he was taking himself off the evening newscast for several days, responding to intense criticism over his claims that he rode in a helicopter that was hit by a rocket-propelled grenade in Iraq a decade ago. Williams, a star anchor who has garnered high ratings for NBC, said he planned eventually to...

  • MUNICH, Feb 7- Germany's Angela Merkel said on Saturday that sending arms to help Ukraine fight pro-Russian separatists would not solve the crisis there, drawing sharp rebukes from U.S. politicians who accused Berlin of turning its back on an ally in distress. The heated exchanges at a security conference in Munich pointed to cracks in the transatlantic...

  • LONDON, Feb 7- Oil's dramatic price fall since mid-2014 cannot be explained by changes in production and consumption alone, with hedging and energy firms' high debt levels also playing a part, the Bank for International Settlements said on Saturday. The BIS compared oil's recent fall, which saw prices collapse to below $50 a barrel from levels of above $100, with...

  • NEW YORK, Feb 7- NBC News anchor Brian Williams said on Saturday that he will take himself off the evening newscast for several days as the network probes misstatements related to his experience reporting on the Iraq war in 2003.. Lester Holt, who typically anchors NBC Evening News on weekends, will step in to handle the weekday evening broadcast in the interim,...

  • NBC NEWS ANCHOR BRIAN WILLIAMS TAKING HIMSELF OFF THE AIR FOR SEVERAL DAYS AMID INQUIRY INTO IRAQ WAR HELICOPTER STORY- US.

  • WASHINGTON, Feb 7- John Whitehead, a former senior partner and co-chairman of Goldman Sachs who helped make it a top-tier Wall Street firm and led its international expansion, has died, the investment bank said on Saturday. Whitehead joined Goldman Sachs in 1947 and worked his way to the highest rung of its corporate ladder before leaving after 38 years to become a...

  • Ex Goldman chair, Reagan official Whitehead dies Saturday, 7 Feb 2015 | 12:53 PM ET

    John Whitehead, a former co-chairman of Goldman Sachs who helped make it a top-tier Wall Street firm, has died.

  • WASHINGTON, Feb 7- John Whitehead, a former senior partner and co-chairman of Goldman Sachs who helped make it a top-tier Wall Street firm and led its international expansion, has died, the investment bank said on Saturday. Whitehead joined Goldman Sachs in 1947 and worked his way to the highest rung of its corporate ladder before leaving after 38 years to become a...

  • JOHN WHITEHEAD, FORMER LEADER OF GOLDMAN SACHS, HAS DIED- GOLDMAN STATEMENT.

  • ATHENS, Feb 7- Greece said on Saturday it had no short-term cash problem and that it will hand its European Union partners a comprehensive plan next week for managing the transition to a new debt deal. The EU has warned time is running out to avoid a financing crisis in Greece. On Friday, Jeroen Dijsselbloem, who chairs the Eurogroup of euro zone finance ministers,...

  • ATHENS, Feb 7- Greek Finance Minister Yanis Varoufakis said on Saturday that he would hand his European Union counterparts next week a full plan for a new debt and reform programme.

  • UPDATE 1-Central bank raises Italy growth forecasts Saturday, 7 Feb 2015 | 8:11 AM ET

    *Italy growth above 0.5 pct in 2015, above 1.5 pct in 2016- BOI. MILAN, Feb 7- The Italian economy is expected to grow more than previously forecast this year and the next as a result of the European Central Bank's bond buying programme, Bank of Italy Governor Ignazio Visco said on Saturday. Meanwhile, the European Commission said this week Italy would grow by 0.6...

  • ZURICH, Feb 7- The chairman of the Swiss National Bank told Swiss radio the SNB is prepared to intervene in foreign exchange markets but declined to say whether or not it has done so since ending its currency cap against the euro last month. "We are observing the exchange rate situation as a whole," Thomas Jordan told Swiss radio station SRF in an interview broadcast...

  • Cross-border lending on the mend in the euro zone Saturday, 7 Feb 2015 | 6:00 AM ET

    DUBLIN, Feb 7- Cross-border lending is growing in the euro zone for the first time since the bloc's financial crisis prompted banks to retreat from highly indebted countries such as Spain, Greece, Ireland and Italy. The overall increase masks big differences on a country by country basis with cross-border loans to France and Italy growing by 9 percent and 4...

  • ZURICH, Feb 7- The chairman of the Swiss National Bank told Swiss radio the SNB is prepared to intervene in foreign exchange markets but declined to say whether or not it has done so since ending its currency cap against the euro last month. "We are observing the exchange rate situation as a whole," Thomas Jordan told Swiss radio station SRF in an interview broadcast...

  • LONDON, Feb 7- Britain's opposition Labour party will demand that British tax havens are put on an international blacklist unless they clamp down on tax avoidance, leader Ed Miliband said, promising action if he wins May's election. Miliband, whose party is level in the polls with Prime Minister David Cameron's Conservatives, said British self-governing...

  • ROME/ PARIS, Feb 7- In Paris and Rome, it was sugar coated; in Berlin and Frankfurt unequivocal. But the message from European capitals to Greece's new leaders was the same at every stop on last week's tour- stick to your commitments. Prime Minister Alexis Tsipras will head to his first European summit on Thursday duly warned that it will be near impossible, as Athens...

  • China uncovers power abuses, nepotism at Sinopec Saturday, 7 Feb 2015 | 3:22 AM ET

    BEIJING, Feb 7- China's anti-corruption watchdog said on Saturday that it had uncovered evidence of graft at China Petrochemical Corp, warning the state-owned oil giant to take strong action to eradicate kickbacks, nepotism and theft. Sinopec, the parent company of China Petroleum& Chemical Corp, must take steps to stop "power-for-money dealings" and prevent...