GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • MEXICO CITY, Feb 27- Mexico's state-owned oil company Pemex on Friday reported its ninth consecutive quarterly loss, hurt by a slump in the price of oil and a slide in the Mexican peso against the dollar. Pemex said the price of Mexico's crude mix fell 27.9 percent in the quarter. Mexico is the world's No. 10 crude producer and the third-biggest exporter to the United...

  • MEXICO REGULATOR PROPOSES TERMS FOR FIVE AREAS OF SHALLOW WATER OIL EXTRACTION CONTRACTS UNDER ROUND ONE TENDER.

  • Feb 27- China's Lenovo Group Ltd on Friday said it will offer free subscriptions to Intel Corp security software to customers who bought laptops that were shipped with a program known as "Superfish," which made PCs vulnerable to cyberattacks. Lenovo announced the offer to provide six-month subscriptions to Intel's McAfee LiveSafe on Friday as it also...

  • NEW YORK, Feb 27- The dollar index dipped on Friday on month-end selling but remained on track for a record eighth month of gains on improving U.S. data and comments from Federal Reserve officials that bolstered bets for a interest rate rise later this year. "The trend is still in place to support the dollar," said Eric Viloria, currency strategist at Wells Fargo...

  • LONDON, Feb 27- Greece is expected to be given the green light early next week for what could add up to well over a billion euros of cheap aid and funding support from the European Bank for Reconstruction and Development, according to sources at the bank. An EBRD spokesman declined to comment but the sources who spoke to Reuters said approval was likely to come on the...

  • EBRD SHAREHOLDERS VOTING ON FRIDAY TO MAKE GREECE ELIGIBLE FOR SUPPORT, EXPECTED TO GIVE GO AHEAD- SOURCES.

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT / 11:00 a.m. ET Friday, 27 Feb 2015 | 11:37 AM ET

    WASHINGTON- U.S. economic growth brakes more sharply than initially thought in the fourth quarter as businesses slow their pace of stock accumulation and the trade deficit widens, but the underlying fundamentals remain solid. CHICAGO- Moody's Investors Service cuts Chicago's already-weak credit rating one notch to Baa2, citing the city's growing costs...

  • NEW YORK, Feb 27- Wall Street stocks fell slightly on the last trading day of February as weak U.S. growth data made investors cautious, while European shares broke multi-year records ahead of the European Central Bank's injection next month of 60 billion euros to spur growth. On Wall Street, the Dow Jones industrial average was down 35.93 points, or 0.20 percent, at...

  • *Kenya to remain "active" in debt market after Eurobond. NAIROBI, March 2- Kenya's drive to improve rail, roads and power plants will help spur economic growth to 6.9 percent in 2015 and 7 percent in coming years, its finance minister said. As well as infrastructure development, Kenya's economy would benefit from the drop in global oil prices, which would spur the...

  • TORONTO, Feb 26- Former media mogul and convicted felon Conrad Black may no longer hold executive positions at listed companies or investment funds in the Canadian province of Ontario, the country's premier securities regulator ruled on Friday. Three other executives of Black's former media company, Hollinger Inc, settled earlier with the regulator, the...

  • WASHINGTON, Feb 27- U.S. economic growth braked more sharply than initially thought in the fourth quarter as businesses slowed their pace of stock accumulation and the trade deficit widened, but the underlying fundamentals remained solid. Gross domestic product expanded at a 2.2 percent annual pace, revised down from the 2.6 percent pace estimated last month,...

  • *J.C. Penney tumbles after earnings. NEW YORK, Feb 27- U.S. stocks were little changed on Friday, as a mixed batch of economic data provided investors with little incentive to push equities to new records. I would argue it is still on solid footing, it is just we are in a bit of an ebb and the market is kind of ebbing with it a little bit, "said Bill Stone, chief investment...

  • *Gold up 1 pct on week, could end 4- week losing streak. LONDON, Feb 27- Gold rebounded on Friday as mixed U.S. data tempered expectations of a Fed rate hike this year, but was still set for its biggest monthly loss since September on a steady dollar and a near seven-year high for European shares. Gold has fallen around 7 percent from a five-month high above $1,300 an ounce...

  • Q4 GDP revised lower to 2.2 pct. NEW YORK, Feb 27- U.S. That marked a downward revision from the 2.6 percent pace estimated last month, the Commerce Department said.

  • Feb 27- Lenovo Group Ltd said it will offer users of its PCs pre-installed with "Superfish" software a free 6- month subscription to McAfee LiveSafe service to remove security concerns. The Chinese computer and smartphone maker's announcement comes a week after the U.S. government advised Lenovo customers to remove "Superfish", saying it makes users vulnerable...

  • LONDON, Feb 27- U.S. refineries are processing record quantities of heavy crude from Canada as the perfect complement to light oils from North Dakota and Texas as they struggle to keep their average blend steady. Bakken and Eagle Ford are light, sweet oils, while Saudi Arabia's Arab Heavy and Alberta's Western Canadian Select are much heavier and sourer.

  • MOSCOW, Feb 27- The rouble and Russian shares fell on Friday, ending the month on a cautious note after a rally the day before, as support from monthly taxes waned and oil prices remained volatile. At 1550 GMT the Russian currency was down 1 percent to 61.73 against the dollar and by a similar amount against the euro at 69.32. Although oil benchmark Brent was up around 2...

  • *Lenovo says "we will significantly reduce preloaded applications". *Lenovo says its standard image will only include OS and related software, software required to make hardware work well security software, Lenovo applications. *Lenovo says "we have worked with partners to create tools and update antivirus programs to eliminate superfish software".

  • KIEV, Feb 27- Ukraine on Friday reported the first deaths in three days in east Ukraine and President Petro Poroshenko said Russia would pose a "military threat" even if a ceasefire holds. Kiev and Western governments have accused Russia of sending troops and weapons to support the separatists in east Ukraine, despite a peace deal agreed in the Belarussian...

  • NEW YORK, Feb 27- U.S. consumer sentiment fell from an 11- year high in February, weighed down by an unusually severe winter, a survey released on Friday showed. The University of Michigan's final February reading on the overall index on consumer sentiment was 95.4, sliding from January's 98.1, which was the highest since January 2004. February's final number,...