Latest Business News Wires - Business Headlines


  • *Business growth slows in China, Europe. LONDON/ BEIJING, Aug 21- Business growth in China and across Europe slowed this month, surveys showed on Thursday, providing more evidence that the world economy is stuttering and may need more monetary stimulus to keep it going.

  • DIARY - Government Debt auctions to Oct 30 Thursday, 21 Aug 2014 | 5:50 AM ET

    Aug 21- For other related diaries, please see;. DIARY- Central& Eastern Europe debt. *=All times in GMT unless stated otherwise, For Australia time is updated as Local time.

  • Germany's DAX climbs to 3-week high, European shares up Thursday, 21 Aug 2014 | 5:08 AM ET

    LONDON, Aug 21- European shares rose on Thursday, with Germany's DAX index climbing to a three-week high after a survey showed the country's private sector grew for the 16th month running in August.

  • Qualcomm is one of at least thirty foreign firms to come under scrutiny as China seeks to enforce a 2008 anti-monopoly law- efforts some critics say have unfairly targeted overseas businesses, raising protectionism concerns.

  • LONDON, Aug 21- Some reassuring data from Germany eased pressure on the struggling euro on Thursday after speculation of an earlier rate rise from the Federal Reserve had pushed the dollar to an 11- month high.

  • JAKARTA, Aug 21- Indonesian police fired tear gas to disperse thousands of protesters outside the country's top court in Jakarta on Thursday, as judges started delivering their verdict into last month's disputed presidential election.

  • LONDON, Aug 21- The euro recovered from a 11- month low against the dollar, helped by better-than-expected German private sector growth data, although gains were likely to be temporary given expectations of more monetary stimulus.

  • "It is not true that we have placed any orders with CPF," McDonald's Japan spokesman Takashi Hasegawa said on Thursday. McDonald's Japan said last month it would source all of its chicken meat from its two existing suppliers in Thailand, McKey Foods Services Ltd and Cargill Thailand.

  • *Saudi Arabia pumps 10 million bpd in July. Libya has resumed exports from its largest port, helping push the country's oil output to its highest for months, while top exporter Saudi Arabia raised its output in July to 10 million barrels per day.

  • Euro zone economic growth ground to a halt in the second quarter, dragged down by a shrinking economy in Germany and a stagnant France, even before any impact from sanctions imposed on and by Russia over Ukraine.

  • HONG KONG, Aug 21- Hong Kong's benchmark share index posted its biggest daily loss in two weeks on Thursday, after a preliminary private survey showed growth in China's vast factory sector slowed to a three-month low in August, triggering broad profit-taking on recent gains.

  • *China July sugar imports more than triple mth before. BEIJING, Aug 21- China's sugar imports more than tripled in July from the month before to 280,000 tonnes as traders took advantage of lower global prices, but pressure from domestic inventory looks set to keep full year imports below 2013' s record levels.

  • Euro zone economic growth ground to a halt in the second quarter, dragged down by a shrinking economy in Germany and a stagnant France, even before any impact from sanctions imposed on and by Russia over Ukraine.

  • LONDON, Aug 21- Government leaders are expected to agree in November that the world's top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis instead of calling on taxpayers to come to the rescue, industry and G20 officials said.

  • LAUNCESTON, Australia, Aug 21- China's natural gas dilemma was neatly illustrated by two recent announcements, the first a price increase and the second the closing of two gas-processing plants.

  • Markit's flash composite Purchasing Managers' Index, which tracks growth in the manufacturing and service sectors that make up more than two-thirds of the economy, fell to 54.9 in August from 55.7.

  • DUHOK, Iraq/ ANKARA, Aug 21- Crude oil flow on Iraqi Kurdistan's pipeline to Turkey has resumed after upgrade work was completed and is now running at an increased rate of 200,000 barrels per day, industry sources and Turkish officials told Reuters on Thursday.

  • *China Jan-July imports from Iran at 617,670 bpd, up 47 pct. BEIJING, Aug 21- China's crude imports from Iran expanded 40.6 percent in July from a year ago, customs data showed on Thursday, as Tehran's largest oil client stayed with the elevated shipment levels that began late last year.

  • European shares edge lower, miners weigh Thursday, 21 Aug 2014 | 3:18 AM ET

    LONDON, Aug 21- European equities edged lower in early trading on Thursday, with miners slipping after a disappointing manufacturing survey from China, the world's biggest metals consumer.

  • REFILE-Beijing expands carbon trading scheme Thursday, 21 Aug 2014 | 3:12 AM ET

    BEIJING, Aug 21- The Beijing municipal government will add 120 companies to its emissions trading scheme from 2014, bringing in sectors like public transport in a bid to strengthen control over the city's rapidly growing greenhouse gas emissions.