GO
Loading...

Latest Business News Wires - Business Headlines

More

  • *Compuware climbs in premarket; near deal to sell itself. *Exelixis tumbles after cancer drug fails study; to cut jobs. *Dollar General ups Family Dollar bid.

  • Sept 2- Gift retailer 1-800- Flowers.com Inc said it would buy Harry& David Holdings Inc, known for its gourmet food brands such as Wolferman's English muffins and Cushman's HoneyBells citrus products, for $142.5 million in cash.

  • VOSTOCHNY, Russia, Sept 2- President Vladimir Putin on Tuesday ordered construction sped up on a multi-billion-dollar spaceport in Russia's Far East that he said would break reliance on the Baikonur cosmodrome in Kazakhstan and launch future missions to the Moon and Mars.

  • Taxi drivers gather next to the Olympia Stadium to protest ride-sharing apps on June 11, 2014 in Berlin, Germany.

    In its ruling, the Frankfurt Regional Court said the company could no longer offer its phone apps to connect drivers with passengers, stating that Uber's network of drivers lacked the necessary commercial licenses to pick up passengers.

  • *Britain eight months from election. LONDON, Sept 2- Britain's politicians and central bankers are watching one another even more closely than usual as the timing of a national election and a headline-making interest rate rise look set to converge.

  • Sept 2- Norwegian Cruise Line Holdings Ltd said it would buy Prestige Cruises International Inc in a $3.03 billion deal, including debt. Prestige owns upper-premium cruise operator Oceania Cruises and luxury cruise operator Regent Seven Seas Cruises.

  • Sept 2- Canada's Pembina Pipeline Corp said it would buy the Vantage pipeline system and Mistral Midstream Inc's interest in the Saskatchewan ethane extraction plant from Riverstone Holdings LLC for $650 million.

  • *Weak factory data in China, Europe stoke oil demand fears. LONDON, Sept 2- Brent crude fell below $102 a barrel on Tuesday, pressured by worries about slowing oil demand growth in China and Europe, a strong U.S. dollar and ample supplies.

  • Sept 2- Dollar General Corp raised its bid for Family Dollar Stores Inc to $80 per share, or $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.

  • *Europe's impatience not shared in Asia, United States. LONDON, Sept 2- Reviving Europe's repackaged debt market to fund economic recovery will take years and hinge on a re-invention of the sector rather than quick regulatory tweaks, bankers and regulators say.

  • *Compuware climbs in premarket; near deal to sell itself. *Exelixis tumbles after cancer drug fails study; to cut jobs. *Dollar General ups Family Dollar bid.

  • *Dollar touches 105 yen for first time since January. LONDON, Sept 2- The euro slumped to a fresh one-year low against a broadly strong dollar on Tuesday on persistent speculation that the European Central Bank will introduce more aggressive monetary easing.

  • LONDON/ PARIS, Sept 2- Traders are buying up' call' options betting on a gradual move higher in European stock markets, as expectations grow of new stimulus measures from the European Central Bank.

  • LONDON, Sept 2- Gold fell to its lowest in 2-1/ 2 months on Tuesday, breaking through key support at its August lows as stock markets rose and the dollar hit a one-year high against the euro ahead of a European Central Bank meeting this week.

  • ISLAMABAD, Sept 2- Anti-government protests that have gripped Islamabad since mid-August could throw off course economic reforms Pakistan promised to deliver in return for an IMF bailout, senior officials said, raising the risk of a sovereign rating downgrade.

  • Sept 2- Dollar General Corp raised its bid for Family Dollar Stores Inc by 2 percent to $80 per share, or $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.

  • WASHINGTON/ SEOUL, Sept 1- Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.

  • The International Copper Study Group's most recent monthly update assessed the global refined copper market as being in a 450,000- tonne deficit in the first five months of the year, or a 308,000- tonne deficit once movements in Shanghai bonded stocks are factored into the equation.

  • LONDON, Sept 2- Zinc rose to a four-week high and aluminium neared an 18- month peak on Tuesday in markets driven by momentum-based speculators and computer-driven funds. Three-month zinc on the London Metal Exchange gained 1 percent to $2,380.50 a tonne by 1022 GMT, a high since Aug. 5.

  • Legrand leaps as European shares gain ground Tuesday, 2 Sep 2014 | 6:27 AM ET

    LONDON, Sept 2- European shares rose on Tuesday, with French industrial group Legrand outperforming in response to a broker upgrade. But European stock markets remained within a tight range as investors await the European Central Bank's policy decision later this week.