GO
Loading...

Latest Business News Wires - Business Headlines

More

  • BUENOS AIRES, Sept 30- Argentina deposited a $161 million debt interest payment with a newly appointed local trustee on Tuesday, the Economy Ministry said, defying a U.S. judge who held it in contempt a day earlier for taking illegal steps to meet its debt obligations.

  • LONDON, Sept 30- State-backed Royal Bank of Scotland expects to be able to put the fallout from past misconduct behind it over the next 18 months, Chief Executive Ross McEwan said on Tuesday.

  • *Sisi hails Suez Canal expansion as flagship project. CAIRO, Sept 30- In his first 100 days in office, Egyptian President Abdel Fattah al-Sisi has made a fast start on economic reform: slashing costly fuel subsidies, raising taxes and devising infrastructure projects to secure long-term revenues and ease unemployment.

  • NEW YORK, Sept 30- U.S. stocks were little changed at the open on Tuesday, with tech shares edging higher after eBay's plan to spin off PayPal, as the S&P 500 stayed on track to close its seventh straight quarter of gains.

  • BUENOS AIRES, Sept 30- Argentina deposited a $161 million debt interest payment with a newly appointed local trustee on Tuesday, the Economy Ministry said, defying a U.S. judge who held it in contempt a day earlier for taking illegal steps to meet its debt obligations.

  • Sept 30- UnitedHealth Group Inc said on Tuesday it agreed to buy MedSynergies, which manages physician practices, adding about 9,300 doctors to the hospital and health system services that its Optum technology-based business currently serves.

  • LONDON, Sept 30- U.S. oil refiners have been among the biggest beneficiaries of free trade in the last decade, so it is ironic some continue to lobby hard to maintain the protectionist ban on crude exports. Production, profits and jobs at U.S. refineries are increasingly underpinned by exports to Europe, Latin America and Asia.

  • WASHINGTON, Sept 30- Policies pursued by the U.S. Treasury Secretary Lawrence Summers argued that the two agencies should break down the traditional barrier set between them to better coordinate the Treasury's management of public debt with the Fed's management of monetary policy.

  • ARGENTINA DEPOSITS DEBT INTEREST PAYMENT DUE SEPT. 30 WITH LOCAL TRUSTEE, DEFYING U.S.

  • PREVIEW-Auto recovery wobbles in Paris show spotlight Tuesday, 30 Sep 2014 | 9:03 AM ET

    *Paris auto show opens to press Thursday, Oct. 2. That is the fear of executives as they gather for the Paris auto show opening on Thursday, the biggest industry event in the regional calendar. Carmakers are rolling out new models in anticipation of closing the gap-- the Paris show floor will be bristling with fuel-efficient small cars and compact SUVs.

  • NEW YORK, Sept 30- U.S. single-family home prices rose in July on a year-over-year basis but fell short of expectations, a closely watched survey said on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 6.7 percent in July year over year, shy of expectations for a 7.5 percent rise.

  • Sept 30- EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company. The news of the tax-free spinoff to shareholders sent eBay's shares up 10 percent to $58.15 in premarket trading.

  • Sept 30- Johnson& Johnson said it would buy privately held drug developer Alios BioPharma Inc for $1.75 billion in cash, to access a portfolio of drugs targeting viral infections. Johnson& Johnson said the deal includes Alios's experimental drug for infants with respiratory syncytial virus.

  • LONDON, Sept 30- Global investor sentiment is diverging, with Europeans, including the UK, remaining bullish on stocks and keeping allocations in place while the United States and Japan fret over rising risks, a Reuters poll showed on Tuesday.

  • *1st export of Alaskan crude to South Korea in more than a decade. NEW YORK/ SEOUL, Sept 30- The first U.S. export of Alaskan crude to South Korea in more than a decade set sail at the weekend, according to a company source and shipping data, marking another milestone as booming shale oil output forces domestic drillers to seek new customers.

  • Sept 30- U.S. drugstore chain operator Walgreen Co reported its biggest jump in quarterly sales in three years, helped by higher prescription sales, sending its shares up more than 3 percent in premarket trading. Walgreen ended the year with a record 856 million filled prescriptions.

  • OTTAWA, Sept 30- Canada's economy did not expand in July, breaking a six-month streak of consecutive gains, Statistics Canada data indicated on Tuesday, ensuring the third quarter started sluggishly. Statscan said real gross domestic product was unchanged from June. The data will put little pressure on the Bank of Canada to raise interest rates.

  • REUTERS POLL- RUSSIA ROUBLE SEEN AT 37.5 VS DOLLAR BY END-2014 VS 39.5 NOW.

  • REUTERS POLL- RUSSIA C.BANK SEEN HOLDING KEY RATE AT 8 PCT FOR REST OF 2014.

  • REUTERS POLL- RUSSIA 2014 GDP GROWTH SEEN AT 0.0 PCT.