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  • Blockchain investment firm Coinsilium delays IPO Wednesday, 9 Sep 2015 | 8:47 AM ET

    LONDON, Sept 9- Coinsilium, a London- based investor in the technology that underpins digital currency bitcoin, has delayed a stock market listing that had been due to take place in August on Britain's junior AIM market, two company representatives told Reuters. Big names from IBM to NASDAQ are among those exploring how blockchain could be applied to financial...

  • Lockheed to cut about 500 jobs in IT services unit Wednesday, 9 Sep 2015 | 8:44 AM ET

    Sept 9- Lockheed Martin Corp said it would cut about 500 jobs in its information systems and global solutions business by mid-November.

  • Fun not fuel-saving focus in debut of Toyota Prius Wednesday, 9 Sep 2015 | 8:42 AM ET
    The Toyota 2016 Prius hybrid vehicle sits on display after being unveiled in Las Vegas, on Tuesday, Sept. 8, 2015.

    Where does a practical car like the Toyota Prius go to reinvent itself? The same place many people go to let loose and have fun: Las Vegas.

  • US 30- YEAR TREASURY BONDS FALL A FULL POINT IN PRICE, YIELDS RISE TO 3.01 PERCENT.

  • Union urges UPS pilots to vote on authorizing strike Wednesday, 9 Sep 2015 | 8:38 AM ET

    Sept 9- The union representing pilots at package delivery company United Parcel Service Inc said it had urged them to vote to authorize a strike. The Independent Pilots Association said on Wednesday that if the pilots voted in favor of authorizing a strike, its board would have the authority to request a release from federally mediated negotiations with UPS.

  • Sept 9- U.S. Food and Drug Administration staff reviewers expressed concerns over the risk of incorrectly administering Colleguim Pharmaceuticals Inc's long-acting opioid painkiller.

  • Sept 9- A New York state regulator has sought information from Barclays Plc, Deutsche Bank, Goldman Sachs and Societe Generale on potential manipulation of U.S. Representatives of Societe Generale, Deutsche Bank and Goldman Sachs also declined to comment. Barclays did not immediately respond to requests for comment.

  • US wealth gap a bigger problem than growth: Harvard Wednesday, 9 Sep 2015 | 8:22 AM ET

    Fixing America's worsening wealth gap is more important to the country's ability to compete globally than boosting overall economic growth.

  • Former comrade spoils party for Greek leftist leader Wednesday, 9 Sep 2015 | 8:10 AM ET

    ATHENS, Sept 9- Weeks after toppling Alexis Tsipras's government, Greek far-left leader Panagiotis Lafazanis is landing fresh blows against his former comrade: stealing away voters and usurping the mantle of Greece's foremost anti-bailout champion. He's not a man to mince words: European Union and International Monetary Fund lenders are "imperialists", the...

  • Sept 9- Wall Street analysts tempered their view on Yahoo Inc's stock after the company's plans for a tax-free spinoff of its stake in Alibaba Group Holdings Ltd hit a snag. Yahoo said on Tuesday the U.S. Internal Revenue Service denied its request for a private letter ruling on a possible tax-free deal that could fetch it $23 billion. "We believe the likelihood of a...

  • Sept 9- Wall Street analysts tempered their view on Yahoo Inc's stock after the company's plans for a tax-free spinoff of its stake in Alibaba Group Holdings Ltd hit a snag. Yahoo said on Tuesday the U.S. Internal Revenue Service denied its request for a private letter ruling on a possible tax-free deal that could fetch it $23 billion. "We believe the likelihood of a...

  • DALIAN, China/ SHANGHAI, Sept 9- China has fended off the major risks to its financial system while its economic prospects remain positive, Premier Li Keqiang said on Wednesday, as he tried to reassure global markets that Beijing can keep its economy on track and stock markets in check. A run of soft economic data combined with China's surprise devaluation of the...

  • *Ruissia and Mexico say they won't cut output. LONDON, Sept 9- Crude oil prices slipped on Wednesday amid a persistent oversupply of physical oil, but stock market gains globally helped to stem the losses. Brent crude was trading at $48.92 a barrel at 1127 GMT, down 60 cents from the previous evening's close, after climbing 4 percent in the previous session.

  • UPDATE 1-Lufthansa pilots strike halted by court Wednesday, 9 Sep 2015 | 7:40 AM ET

    *Regional court overrules earlier decision by lower court. *Shares up 1.2 percent at 1140 GMT. FRANKFURT, Sept 9- A German court ruled Lufthansa pilots must halt a strike on Wednesday that led to the cancellation of around 1,000 flights, in an increasingly bitter row over cost cuts and pay at the airline.

  • *A currency war would only hurt China- Li. China does not want to see a currency war and the yuan will retain its stability, Li told a meeting of company executives at the World Economic Forum in the northeastern port city of Dalian. "If a currency war does happen, it would only hurt China," Li added.

  • Rally in miners helps European shares hit two-week high Wednesday, 9 Sep 2015 | 7:15 AM ET

    *Ryanair surges after raising full-year profit forecast. The market was also helped by a 5.7 percent jump in Ryanair after the airline hiked its annual profit forecast by 25 percent on strong summer fare growth. The STOXX Europe 600 Basic Resources index surged more than 4 percent, boosted by a rally of between 4.6 percent and 6.5 percent in shares of Anglo...

  • Sept 9- AcelRx Pharmaceuticals Inc said its experimental pain drug for patients undergoing abdominal surgery met the main goal in a late-stage study. The company's lead drug-device, Zalviso, was rejected by the U.S. Food and Drug Administration last year. Roth Capital Partners said in a note dated Tuesday that ARX-04's net present value was $1.81 per share.

  • By Patrick Graham and Huw Jones. LONDON, Sept 9- The first comprehensive global code of conduct to regulate the scandal-hit foreign exchange market will come into force in May 2017, central bank officials said on Wednesday. It will deal with issues including how to deal with automatic stop loss orders, and the difference between when banks are making markets...

  • Apple to show off new iPhones, Apple TV on Wednesday Wednesday, 9 Sep 2015 | 7:00 AM ET

    SAN FRANCISCO Sept 9- With its highly profitable iPhone due for an upgrade, Apple is expected to unveil a pair of new handsets at an event in San Francisco on Wednesday, analysts say, in addition to showing off a larger iPad and an updated Apple TV. When Apple executives take the stage at the Bill Graham Civic Auditorium, investors will be scrutinizing their plans for...

  • *ABB aims to cut $1 bln from annual costs. ZURICH, Sept 9- ABB cut its revenue growth target on Wednesday and announced a "strategic review" of its low-margin power projects business in what could be a step towards a sale of assets by the Swiss engineering group. Faced by lower energy prices and a slowdown in China, ABB also said it was speeding up a $1 billion savings...