HONG KONG, Jan 29- China's efforts to raise the global status of its currency are paying dividends, with the yuan breaking into the top five world payment currencies for the first time and offshore trading volumes catching up with those onshore. "Daily trading volume in CNH spot, forward and swap markets have already reached $30 billion, among which $10 billion is...» Read More
NEW YORK, Aug 13- Overstock.com' s sales through bitcoin are expected to add 4 U.S. cents to its earnings per share this year, the online retailer's Chief Executive Officer Patrick Byrne told Reuters last Friday. Byrne expects bitcoin sales of between $6 million to $8 million in 2014.. "I think the world expects us to make 75- 80 cents per share this year.
MEXICO CITY, Aug 13- Mexico's central bank trimmed its 2014 growth forecast on Wednesday, blaming a sluggish economy that bodes for steady borrowing costs well into next year. Mexico's economy is on track to post weaker than expected growth for the second year in a row.
WASHINGTON, Aug 13- Companies even partly owned by individuals sanctioned by the U.S. government could find themselves blacklisted as the result of a rule change announced on Wednesday by the Treasury Department.
Aug 13- Fast-casual restaurant chain Noodles& Co reported a lower-than-expected quarterly profit, hurt partly by a fall in same-store sales. The company said profit rose to $3.5 million, or 11 cents per share, in the second quarter ended July 1, from $68,000 a year earlier.
Aug 13- Network equipment maker Cisco Systems Inc posted a smaller-than-expected 0.5 percent dip in quarterly revenue, as the company makes a transition through a new cycle of high-end switches and routers. Cisco reported revenue of $12.4 billion, effectively flat from a year earlier.
Protests against ocra shows at SeaWorld' s amusement parks intensified particularly after a 2013 film, "Blackfish," documented the killing of a trainer at the company's Orlando, Florida park in 2010 by the whales.
NEW YORK, Aug 13- The millions of Americans that use propane to heat their homes, dry crops or keep livestock warm expect another tough winter this year as a fragmented supply network of pipelines, trains and trucks struggles to keep pace with spiking demand.
*Yen subdued after Japan Q2 GDP contraction. NEW YORK, Aug 13- The dollar rose to one-week highs against the yen and inched higher versus the euro on Wednesday, getting support from gains on Wall Street after a relatively quiet day on the geopolitical front. But the dollar soon recovered after that in generally thin trading as Wall Street shares closed higher.
Aug 13- NetApp Inc reported better-than-expected quarterly results, helped by higher branded storage equipment sales and increased revenue from hardware maintenance contracts. The company's net income rose to $88 million, or 27 cents per share, in the first quarter ended July 25, from $82 million, or 23 cents per share, a year earlier.
NEW YORK, Aug 13- U.S. stocks ended higher on Wednesday, with the Dow returning to positive territory for the year as surging biotech shares helped the market shrug off weak earnings reports and soft retail data. The Dow Jones industrial average rose 91.26 points or 0.55 percent, to end unofficially at 16,651.80.
AURELIUS SAYS NO PROPOSALS IT MADE TO PRIVATE PARTIES TO TRY TO SETTLE THE ARGENTINE DEBT DISPUTE "RECEIVED A PRODUCTIVE RESPONSE".
AURELIUS SAYS NO PROPOSAL RECEIVED FROM PRIVATE PARTIES WERE REMOTELY ACCEPTABLE.
ARGENTINE DEBT HOLDOUT AURELIUS CAPITAL MANAGEMENT SAYS NO REALISTIC PROSPECT FOR PRIVATE SOLUTION TO SOVEREIGN DEBT DISPUTE.
UNITED NATIONS, Aug 13- The U.N. Security Council said on Wednesday it was encouraged by the nomination of Iraq's Prime Minister-designate Haider al-Abadi as it was an important step toward creating an inclusive government representing all parts of the country's society.
BOSTON, Aug 13- Harvard Management Co, which oversees the Ivy League school's $32.7 billion endowment, took a new position in surgical device maker Covidien Plc during the second quarter before news of a planned takeover helped push the stock price higher, a regulatory filing shows.
SECURITY COUNCIL ENCOURAGED BY NOMINATION OF IRAQI PRIME MINISTER-DESIGNATE HAIDER AL-ABADI, URGE HIM TO SWIFTLY FORM INCLUSIVE GOVERNMENT.
SAN FRANCISCO, Aug 13- Intel Corp plans to use wearable gadgets such as smart watches to monitor patients with Parkinson's disease and collect data that can be shared with researchers.
EVERETT, Wa., Aug 13-- Boeing executives and state political leaders took sledgehammers to a 1960 s office block on Wednesday to help clear the way for a factory that will make composite wings for the company's newest jet, the 777 X.
SAN JUAN, Puerto Rico, Aug 13- Puerto Rico's electric power authority, PREPA, is likely to get an extension of vital lines of credit in an agreement that could see lenders appoint a restructuring expert at the debt-stricken utility, a financial industry executive familiar with the situation said on Wednesday.
BUENOS AIRES, Aug 13- Argentina came out swinging on Wednesday against the U.S. judge overseeing its debt default case, defying a threatened contempt order and dashing market hopes it might soon restart talks with the hedge funds suing the country.