GO
Loading...

Latest Business News Wires - Business Headlines

More

  • *Biden warns Russia is on "dark path" to isolation. *Russia says OSCE has exhausted military inspections. The dramatic seizure came as Russia and the West dug in for a long confrontation over Moscow's annexation of Crimea, with the United States and Europe groping for ways to increase pressure on a defiant Russian President Vladimir Putin.

  • NEW YORK, March 19- U.S. stocks edged modestly lower at the open on Wednesday, following two days of gains, as investors awaited comments from Federal Reserve Chair Janet Yellen at the conclusion of a two-day Fed policy meeting.

  • SOFTS-Arabica coffee firms, cocoa below 2-1/2-year peak Wednesday, 19 Mar 2014 | 9:35 AM ET

    LONDON, March 19- Arabica coffee futures on ICE edged higher on Wednesday having slipped from last week's highs partly due to expectations that the weather in Brazil could improve in the coming weeks, while raw sugar held steady.

  • SAYS TOYOTA TO PAY $1.2 BLN TO RESOLVE CRIMINAL PROBE INTO ITS HANDLING OF CONSUMER COMPLAINTS OVER SAFETY ISSUES.

  • Google won't face email privacy class action Wednesday, 19 Mar 2014 | 9:32 AM ET

    March 19- Google Inc won a significant legal victory as a U.S. judge decided not to combine several lawsuits that accuse the Internet search company of violating the privacy rights of hundreds of millions of email users into a single class action.

  • FRANKFURT/ PARIS March 19- France's big banks are embracing an unlikely challenge- to prise away some of Germany's mighty Mittelstand of small and medium-sized enterprises from their local banking partners.

  • March 19- Dow Chemical Co said it aims sell a further $1.5 billion to $2.0 billion worth of assets as it looks to narrow its focus to electronics, agriculture and packaging.

  • French court of appeal upholds Kerviel conviction Wednesday, 19 Mar 2014 | 9:16 AM ET

    PARIS, March 19- France's highest court of appeal upheld former Societe Generale trader Jerome Kerviel's criminal conviction and three-year jail sentence over massive market bets that brought the French bank to the brink of collapse in 2008..

  • March 19- KB Home, the fifth-largest U.S. homebuilder, reported a quarterly profit compared with a year-earlier loss as it closed deals at higher prices, sending its shares up 7.5 percent in premarket trading.

  • *FedEx and Oracle fall after results, Adobe higher. *The S&P 500 looked to open near record levels despite sour notes sounded by weak results from FedEx Corp, an economic bellwether, and Oracle Corp.. *FedEx posted third-quarter results that were below expectations and gave a weak full-year profit forecast, saying it had been significantly hurt by winter storms.

  • MUNICH, March 19- German luxury carmaker BMW is looking at raising production capacity at its plant in the United States and releasing 12 new models as it chases record sales and a rise in pretax profit of up to 10 percent this year.

  • March 19- The U.S. Justice Department has reached a settlement of more than $1 billion with automaker Toyota Motor Corp, stemming from its handling of consumer complaints over unintended vehicle acceleration, a person briefed on the matter said.

  • BioMerieux to look at Siemens microbiology unit -CEO Wednesday, 19 Mar 2014 | 8:55 AM ET

    *BioMerieux to study it, not actively looking to buy yet-CEO. *BioMerieux also hopes to grow in DNA sequencing, industrial apps. PARIS, March 19- French diagnostics specialist BioMerieux will look at the microbiology unit Siemens is considering selling, BioMerieux's Chief Executive told Reuters.

  • WASHINGTON, March 19- Florida and other U.S. states will join the Justice Department in seeking to determine if Comcast's plan to merge with Time Warner Cable is legal under U.S. antitrust law, Florida said in a statement to Reuters. Erin Reece, a spokeswoman for the Indiana attorney general's office, did not indicate if Indiana was part of the multistate group.

  • LONDON, March 19- British finance minister George Osborne announced upgrades to the country's economic growth in 2014 and 2015 on Wednesday with new projections that could give the government a boost ahead of elections next year.

  • LONDON, March 19- British finance minister George Osborne announced upgrades to the country's economic growth in 2014 and 2015 on Wednesday with new projections that could give the government a boost ahead of elections next year.

  • Russia's seizure of Ukraine's Crimea region has revived doubts about whether the European Union should continue to rely on Russia for nearly a third of its gas, providing Gazprom with an average of $5 billion per month in revenues.

  • KB Home posts profit, higher orders Wednesday, 19 Mar 2014 | 8:46 AM ET

    March 19- KB Home, the fifth-largest U.S. homebuilder, reported a quarterly profit compared with a year-earlier loss and said new home orders rose. Net income was $10.6 million, or 12 cents per share, in the first quarter ended Feb. 28 compared with a loss of $12.5 million, or 16 cents per share, a year earlier. New home orders rose 6 percent to 1,765 units.

  • Britain bumps up growth forecasts for 2014 and 2015 Wednesday, 19 Mar 2014 | 8:40 AM ET

    LONDON, March 19- Britain's government announced a further upgrade to official economic growth projections on Wednesday, following signs the recovery has continued into the first months of this year.

  • MADRID, March 19- Strong sales so far this year and a planned pick up in store openings suggest Inditex, the world's biggest fashion retailer, is returning to form after profit growth stalled last year for the first time since its 2001 listing.