An AirAsia jet with 162 people on board disappeared Sunday while flying from Indonesia's second-largest city to Singapore on a scheduled two-hour flight. -_ Air Asia Flight 8501 takes off from Surabaya, Indonesia's second-largest city, at 5:31 a.m. Sunday, bound for Singapore. Murjatmodjo says it is believed to have gone missing somewhere over the Java Sea...» Read More
BUENOS AIRES, July 30- Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing either to cut a deal by the end of the day with "holdout" investors suing it or to win more time from a U.S. court to reach a settlement.
WASHINGTON, July 30- Sprint Corp reported higher-than-expected second-quarter revenue on Wednesday, as the company expanded its high-speed coverage and came closer to completing a network upgrade that had caused a massive drop in its customer count.
RUSSIA'S CENTRAL BANK SAYS BANKS HIT BY WESTERN SANCTIONS CAN COPE WITH ANY PROBLEMS, HAVE SUFFICIENT CAPITAL.
July 30- Oil and natural gas producer Hess Corp said it plans to form a publicly traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field. Hess said it expected the MLP to file a registration statement with the U.S. Securities and Exchange Commission in the fourth quarter.
RUSSIA'S CENTRAL BANK SAYS WILL PROVIDE BANKS WITH LIQUIDITY THROUGH EXISTING INSTRUMENTS IF ADDITIONAL RISKS EMERGE DUE TO WESTERN SANCTIONS.
ARGENTINE DEBT NEGOTIATORS WILL HOLD FURTHER TALKS WITH HOLDOUTS ON WEDNESDAY- GOVT SOURCE.
MOSCOW, July 30- Russia's Economy Ministry has drafted a regulation introducing import duties on Ukrainian goods, a draft document showed, in an apparent response to Kiev's trade deal with the European Union. Moscow fears that Ukraine may re-export EU products into Russia, avoiding duties that Russia imposes to protect its own output.
MOSCOW, July 30- Russia's Economy Ministry has drafted a regulation introducing import duties on Ukrainian goods, a draft document showed, in an apparent response to Kiev's trade deal with the European Union.
RUSSIAN ECONOMY MINISTRY DRAFTS REGULATION ON IMPOSING DUTIES ON UKRAINIAN IMPORTS- DOCUMENT.
July 30- Top bankers in Britain will be held directly accountable for decisions they take under proposals published on Wednesday to make it easier for regulators to punish misbehaviour and claw back bonuses if cases of misconduct.
July 30- Energizer Holdings Inc, the maker of Energizer and Eveready batteries, reported a 26 percent fall in quarterly profit as household goods sales fell nearly 11 percent due to higher competition and the loss of two key retail customers.
*Twitter rallies in premarket after blockbuster results. NEW YORK, July 30- U.S. stock index futures rose on Wednesday as investors sought bargains following a period of weakness and looked ahead to data on economic growth and comments from the Federal Reserve following its latest policy meeting. *Twitter Inc surged 27 percent to $49 in heavy premarket trading.
LONDON, July 30- Cement makers lead declines on European equity indexes on Wednesday as Switzerland's Holcim and Germany's HeidelbergCement reported disappointing results, blaming weak emerging-market currencies.
BUENOS AIRES, July 30- Argentina's Cabinet chief Jorge Capitanich said on Wednesday he would make "no comment" on the last-ditch debt negotiations in New York, with the country facing until the end of the day to avert its second default in 12 years.
July 30- Navigation equipment maker Garmin Ltd reported an 11.7 percent rise in quarterly revenue, helped by higher sales of its GPS-based fitness products. The company's net income rose to $182 million, or 93 cents per share, in the first quarter ended June 28, from $172.5 million, or 88 cents per share, a year earlier.
McDonald's and its franchisees can be held liable in complaints that the company violated employee rights, an official at the U.S. NLRB said.
July 30- Thomson Reuters Corp reported on Wednesday a 1 percent rise in revenue on growth in its Legal and Tax& Accounting divisions. The news and information company said that total second-quarter revenue from ongoing businesses was $3.15 billion, compared with analysts' expectations of $3.13 billion, according to Thomson Reuters I/B/E/S.
July 30- Oil and natural gas producer Hess Corp said it plans to form a publicly-traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field. Hess said it expects the partnership to file a registration statement with the U.S. Securities and Exchange Commission in the fourth quarter.
*HeidelbergCement, Holcim confirm outlook for 2014. FRANKFURT, July 30- Cement makers HeidelbergCement and Holcim stuck to targets for a rise in 2014 earnings, saying solid growth in North America and cost cuts should offset unfavorable currency effects, which weighed on second-quarter results.
*BBVA Q2 profit falls 39 pct year on year. *BBVA shares up, Popular flat. MADRID, July 30- Spain's BBVA posted a lower-than-expected drop in second-quarter lending revenue on Wednesday, helped by resilience in its biggest markets Mexico and improvements in other overseas markets such as Turkey.