Latest Business News Wires - Business Headlines


  • TOKYO, March 31- Japan's factory output unexpectedly fell in February at the fastest pace in eight months in a possible sign that the benefits from last-minute demand before an impending sales tax hike may have run their course.

  • NYMEX-U.S. crude holds near 3-week high above $101 Sunday, 30 Mar 2014 | 8:22 PM ET

    SINGAPORE, March 31- U.S. crude traded near a three-week high above $101 a barrel on Monday, buoyed by simmering tensions between Russia and the West and disruptions to African oil supplies. *U.S. crude for May delivery edged down 22 cents to $101.45 a barrel by 0004 GMT after settling on Friday at the highest since March 7.

  • NEW YORK, March 30- Disney's hit film "Frozen" has become the top-grossing animated film in box office history, the studio said on Sunday as the musical topped $1 billion in global sales. The film has sold $398.4 million worth of tickets at domestic theaters since opening on Nov. 27 on the eve of the Thanksgiving Holiday weekend.

  • TOKYO, March 31- Asian stocks were up slightly in a cautious start to the week on Monday, with investors holding out hopes that China would take steps to stimulate the economy.

  • Japan Feb industrial output down 2.3 pct mth/mth Sunday, 30 Mar 2014 | 7:57 PM ET

    TOKYO, March 31- Japan's industrial output unexpectedly fell 2.3 percent in February from the previous month, down for the first time in three months, government data showed, a sign factory activity is losing momentum before a sales tax hike that kicks in on April 1.

  • BUENOS AIRES, March 30- Argentina has been approached by financial institutions offering it loans at favorable rates, the economy ministry said on Sunday, marking a tentative reopening of international credit markets for the first time in over a decade.

  • TOKYO, March 31- Japanese manufacturing activity expanded at a slower pace in March, a survey showed on Monday, pulling back further from an eight-year high set in January as heavy snow in some areas curbed production.

  • *AstraZeneca moving global HQ and R&D to Cambridge by 2016. CAMBRIDGE, England, March 31- AstraZeneca, which will complete its move to Cambridge by 2016, is already putting down roots in the ecosystem of the university city as it seeks to revitalise its drug research.

  • ATHENS, March 31- Greece approved on Monday a contentious reform bill to secure bailout aid but the government was forced to expel a dissenting lawmaker, reducing its majority in parliament to just two seats.

  • *Hopes of China stimulus keeping risk demand buoyant. SYDNEY, March 31- The yen stayed on the defensive early on Monday, reaching a fresh six-year low on the New Zealand dollar as demand for the safe-haven currency waned amid hopes of more stimulus from China. The kiwi rose as far as 89.23 yen, a level not seen since November 2007.

  • WASHINGTON, March 30- A non-surgically implanted heart valve meant to delay open heart surgery in children with congenital heart defects worked well for all but a few patients during a year of follow-up observation, in line with favorable results seen in original clinical trials of the Medtronic Inc product.

  • NEW YORK, March 30- U.S. stock investors will take their cues this week from March jobs data and diplomacy to defuse East-West tensions over Russia's annexation of Ukraine's Crimea region. When trading begins on Monday, investors will keep an eye on developments involving Russia and Ukraine.

  • *China reveals growing military capabilities. While Malaysia has been accused of a muddled response and poor communications, China has showcased its growing military clout and reach, while some involved in the operation say other countries have dragged their feet on disclosing details that might give away sensitive defence data.

  • Delphi: GM approved ignition switches below specs Sunday, 30 Mar 2014 | 5:01 PM ET

    Documents from GM and a federal agency on faulty ignition switches paint an "unsettling picture," according to a congressional panel.

  • BEIJING, March 31- China's war on pollution is only a few weeks old, but the battle lines are already being drawn between Beijing and Hebei, the province most synonymous with dirty air.

  • JAKARTA, March 31- Dressed in the style of Indonesia's first leader, even using replica 1950 s microphones, presidential hopeful Prabowo Subianto roared to thousands of supporters at a recent rally in the capital: " Indonesia cannot be bought".

  • WASHINGTON/ DETROIT, March 30- Among the most critical unanswered questions in General Motors' mounting crisis over a defective ignition switch that led to crashes and at least 13 deaths is who, eight years ago, approved a change in the part for new vehicles and why that didn't lead to a recall of older cars to fix the problem.

  • WASHINGTON/ DETROIT, March 30- General Motors Co approved ignition switches for cars that have been linked to 13 deaths, even though the parts did not appear to meet the company's specifications, officials of Delphi Automotive told U.S. congressional investigators.


  • BUENOS AIRES, March 30- Argentina is closing in on a deal to receive around $1 billion in loans from investment bank Goldman Sachs and is in talks with other international banks about similar deals, local newspaper Pagina/12 reported on Sunday.