KUALA LUMPUR, Malaysia— Southeast Asia's biggest budget carrier AirAsia is scrapping fuel surcharges on tickets following the decline in global oil prices. AirAsia said the move also applies to flights under its long-haul arm AirAsia X. AirAsia has dominated cheap travel in Southeast Asia for years but faces rising competition from the proliferation of...» Read More
MONROVIA, Aug 13- A consignment of experimental Ebola drugs arrived by plane in Liberia on Wednesday to treat two doctors suffering from the virus, which has killed more than 1,000 people across four West African countries.
MEXICO CITY, Aug 13- Mexico will assign oil and gas exploration and production contracts to foreign and private companies between next May and September under a major sector overhaul, prioritizing areas that boost output quickly and leaving trickier deep water for later, the country's energy regulator said on Wednesday.
NEW YORK, Aug 13- U.S. stocks rose on Wednesday, with the Dow returning to positive territory for the year as the market shrugged off weak earnings reports and a slump in retail shares. Biotech shares surged, with the Nasdaq biotech index climbing 2.1 percent on the back of stocks including InterMune Inc and Jazz Pharmaceuticals PLC.
Aug 13- Vertex Pharmaceuticals Inc is stopping U.S. sales and distribution of its Incivek hepatitis C treatment, whose use has been largely supplanted by the new Sovaldi drug from Gilead Sciences Inc.. Incivek was approved in 2011 and quickly rose to annual sales of more than $1 billion.
NEW YORK, Aug 13- The International Swaps and Derivatives Association will hold an auction on August 21 to settle credit default swaps referencing Argentine debt. The 15- member committee has determined a list of securities that will be deliverable into the auction, including some of Argentina's Par 2038, Discount 2033 and Global 2017 notes.
BOGOTA, Aug 13- Colombia on Wednesday questioned an effort by Venezuela to reduce smuggling of heavily subsidized fuel and food by shutting their shared border overnight, saying joint military cooperation would be more effective.
NEW YORK, Aug 13- Brent crude oil rose by nearly $1 in choppy trading on Wednesday, recovering from a 13- month low as turmoil in Iraq and Libya kept concerns about potential supply disruptions in focus.
Aug 13- When Amazon.com Inc was developing its most advanced tablet to date, it asked a little-known company to solve a tricky problem with the screen: how to produce rich colors without draining battery life.
NEW YORK, Aug 13- Common soil bacteria injected into solid cancers in pet dogs and one human patient shrank many of the tumors, scientists reported on Wednesday.
NEW YORK/ LONDON, Aug 13- ICE raw sugar futures fell to a six-month low on Wednesday as investors stayed focused on strong Brazilian yields, while Liffe cocoa rose to a three-year high on support from the sharply lower British pound.
NEW YORK, Aug 13- Biotechnology company InterMune Inc is working with financial advisers to evaluate strategic options as it braces for potential takeover interest from larger drugmakers, people familiar with the matter said.
NEW YORK, Aug 13- The International Swaps and Derivatives Association will hold an auction on August 21 to settle Argentina's outstanding credit default swaps. The auction will determine the payout that holders of protection on Argentine debt will receive as a result of the sovereign's default on July 30.
NEW YORK, Aug 13- Emerson Electric Co has tapped Goldman Sachs Group Inc to sell its power transmission solutions business in a deal that could be worth more than $1 billion, people familiar with the matter said. A spokesman did not immediately respond to a request for comment, while Goldman Sachs declined to comment.
MONROVIA, Aug 13- A consignment of experimental Ebola drugs arrived by plane in Liberia on Wednesday to treat two doctors suffering from the virus, which has killed more than 1,000 people across four West African countries. The drug, ZMapp, arrived in white boxes on a commercial flight, a Reuters witness said.
ISDA SAYS WILL HOLD AUCTION TO SETTLE ARGENTINA CREDIT DEFAULT SWAPS ON AUGUST 21.
CONSIGNMENT OF EXPERIMENTAL EBOLA DRUG ARRIVES IN LIBERIA TO TREAT TWO DOCTORS SUFFERING FROM VIRUS- GOVT OFFICIALS.
SANTOS, Brazil, Aug 13- Brazilian presidential candidate Eduardo Campos was killed in a plane crash on Wednesday, throwing the October election into disarray and causing big swings in local financial markets.
Aug 13- NewLink Genetics Corp, which licensed an Ebola vaccine developed by Canadian government scientists, has enough doses on hand to launch the first human safety trial of an Ebola vaccine this summer, its chief executive said on Wednesday.
*Amazon boosts Nasdaq after introducing card device. NEW YORK, Aug 13- U.S. stocks rose on Wednesday, with the Dow returning to positive territory for the year as signs of easing tensions in Ukraine overshadowed weak readings on consumer spending.
The trustee Irving Picard contended last month that Andrew and Mark Madoff obstructed a 2005 U.S. Securities and Exchange Commission probe by deleting emails that linked them to fraud at Bernard L. Madoff Investment Securities LLC, and took out sham loans to buy pricey Manhattan apartments.