GO
Loading...

Latest Business News Wires - Business Headlines

More

  • April 16- Bank of America Corp reported an unexpected first-quarter loss on Wednesday after it took a $6 billion charge to cover litigation expenses, a figure that far exceeded the legal settlements the No. 2 U.S. bank has announced recently.

  • YOUR MONEY-Learn the secret codes to shopping success Wednesday, 16 Apr 2014 | 11:26 AM ET

    Here's how it works, according to Costco shoppers spreading the word online: If a price at Costco ends in. 99, you're paying full price. He has shopped at Costco for 20 years now, and the Redding, California resident has studied the matter of the Costco Code well.

  • *Troop carriers enter east Ukraine bearing Russian, separatist flags. LONDON, April 16- Global oil prices rose close to $110 a barrel on Wednesday due to mounting tensions in Ukraine, but gave up some gains after an unexpectedly large build in crude stocks in the United States, the world's largest consumer of oil.

  • SAN FRANCISCO, April 15- Yahoo Inc again posted anemic quarterly revenue growth as the Internet company's advertising business continues to lag its rivals, nearly two years into Chief Executive Officer Marissa Mayer's comeback effort.

  • ANALYSIS-Euro strength here to stay, unless ECB steps in Wednesday, 16 Apr 2014 | 10:55 AM ET

    *Money printing in U.S., Japan piles pressure on euro. LONDON/ FRANKFURT, April 16- Many of the factors driving the euro exchange rate to levels that have set off alarm. bells at the European Central Bank are unlikely to go away on.

  • HAVANA, April 16- Cuba's troubled sugar industry has entered the final stretch of this year's harvest, straining to equal last season's output of 1.6 million tonnes of raw sugar as the summer heat and rains begin. Only a handful of Cuba's 13 sugar producing provinces appear in position to meet their plans with all 48 mills that opened still grinding.

  • ALGIERS, April 16- Cramped with his young wife and three infants in a shack in Algiers' Citi Hofra slum, Amin Kerchach could be forgiven for being angry at missing out on Algeria's gas wealth.

  • April 16- Yahoo Inc's shares rose as much as 9 percent in heavy trading on Wednesday, a day after Chinese internet company Alibaba Group Holding Ltd, in which it holds a 24 percent stake, reported a surge in quarterly revenue. At least nine brokerages raised their price targets on Yahoo's shares ahead of Alibaba's IPO filing, expected next week.

  • *Rates on hold at 1 percent since September 2010.

  • April 16- At-home soda maker Sodastream International is in early talks to sell a stake of up to 16 percent to a strategic entity, Israeli financial news daily Calcalist reported on its website.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.

  • SAO PAULO, April 16- With Brazil's economy struggling, a scandal at its state-run oil company and nearly three-quarters of voters saying they want change from their government, President Dilma Rousseff looks vulnerable in her bid for re-election this October.

  • *BRENT, U.S. CRUDE FUTURES PARE GAINS FOLLOWING EIA DATA Wednesday, 16 Apr 2014 | 10:30 AM ET
  • Wind of change starts blowing at Italian companies Wednesday, 16 Apr 2014 | 10:29 AM ET

    *Corporate governance improving in Italy. MILAN, April 16- Eager to attract foreign investors as it slowly emerges from its longest recession in 70 years, cash-strapped Italy Inc. is taking the first steps to end decades of opaque management and shoddy governance.

  • WASHINGTON, April 16- The U.S. Defense Department has approved the first trans-Atlantic flight of Lockheed Martin Corp's F-35 fighter jet in July to take part in two international air shows near London, senior defense officials said Wednesday.

  • UPDATE 6-Oil rises above $110 on mounting Ukraine tension Wednesday, 16 Apr 2014 | 10:25 AM ET

    *Troop carriers enter east Ukraine bearing Russian, separatist flags. LONDON, April 16- Global oil prices rose above $110 a barrel on Wednesday, shaking off slower economic growth in China, as tensions mounted in Ukraine.

  • PENTAGON APPROVES 1 ST TRANSATLANTIC FLIGHTS OF LOCKHEED F-35 FIGHTER JETS TO TAKE PART IN UK AIR SHOWS-SOURCES.

  • April 16- The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed.

  • POLL-Low inflation to linger for years in euro zone Wednesday, 16 Apr 2014 | 10:16 AM ET

    April 16- The euro zone is set for at least two more years of low inflation, held down by a strong currency and anaemic economic and jobs growth, and still faces a very real threat of deflation, a Reuters poll showed on Wednesday.

  • LONDON, April 16- Britain's economy kept up its strong rate of growth at the start of 2014 and is expected to slow only marginally as the Bank of England leaves its main interest rate at rock bottom for another year, a Reuters poll found.