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  • GENEVA, Sept 4- Five former Geneva wealth managers have paid "substantial compensation" to settle criminal complaints brought by clients whose assets they had invested with U.S. fraudster Bernard Madoff, the Geneva prosecutor's office said on Friday. The case was launched in 2009 against five directors of Aurelia Finance, a Geneva- based private bank that...

  • G20-JAPANESE FINANCE MINISTER ASO SAYS HAS COMMUNICATED THAT CHINA NEEDS TO DEAL WITH A RANGE OF STRUCTURAL PROBLEMS, INCLUDING BAD DEBTS.

  • Sept 4- Wall Street's top banks still expect the Federal Reserve to raise interest rates this year, but their conviction around a September hike has decreased notably in the last month due to volatility in global markets, according to a Reuters poll conducted on Friday. By comparison, just 7 dealers now see a rate increase coming this month, whereas 13 had expected...

  • *Iran paid $87 mln for Romanian rig to bypass sanctions. DUBAI, Sept 4- Four years after Iran spent $87 million to buy an oil drilling rig that was never delivered, the broker in the deal has given his side of a story he describes as a cautionary tale for Western investors impatient for an end to sanctions. Over the last several months, "the case of the missing rig" has...

  • LONDON, Sept 4- China's battered stock markets reopen on Monday after a two-day public holiday and before a monthly data dump that could reinforce fears of a hard landing, rattling the global economy. The International Monetary Fund warned Group of 20 finance ministers and central bankers this week that China's slowdown and rising financial market...

  • Boeing opens commercial spaceship plant in Florida Friday, 4 Sep 2015 | 2:07 PM ET

    CAPE CANAVERAL, Fla., Sept 4- Boeing Co took the wraps off an assembly plant on Friday for its first line of commercial spaceships which NASA plans to use to fly crews to the International Space Station starting in 2017, officials said. NASA is paying up to $4.2 billion for a Starliner test flight and up to six missions to the station. NASA previously contributed $621...

  • The company, owned by private equity firm Apollo Global Management LLC, did not name the underwriters for the IPO in its filing with the U.S. Securities and Exchange Commission. Reuters reported earlier this week that McGraw-Hill Education had hired Credit Suisse Group AG and Morgan Stanley to lead the IPO, which was expected to value the company between $5...

  • Sept 4- Mozilla, creator of the Firefox web browser, said hackers had stolen security-sensitive information from Bugzilla, its bug tracker, and used it to "attack" Firefox users. A version of Firefox, the world's second-largest browser by users, released on Aug. 27 fixed all the vulnerabilities the hacker learned about and could have used to harm its web browser...

  • GUATEMALA CITY, Sept 4- Enough documentary evidence exists to prove former Guatemalan President Otto Perez's involvement in a corruption scandal, the head of a powerful U.N.-backed anti-graft body which helped topple the leader and will scrutinize his wealth said. "We're going to investigate everything," Ivan Velasquez, head of U.N.-backed International...

  • ANALYSIS-Betting on calm may worsen the storm Friday, 4 Sep 2015 | 1:26 PM ET

    NEW YORK, Sept 4- The dog days of summer turn out to have quite a bite, as investors have been roiled by the longest bout of volatility in U.S. equities in four years. A combination of nerve-wracking events- weak data out of China, uncertainty over the Federal Reserve's plans for raising interest rates, and leveraged bets by hedge funds that went the wrong way resulted...

  • *Caterpillar falls after broker downgrade. Sept 4- U.S. stocks were down in afternoon trading on Friday as a mixed August jobs report did little to quell investor uncertainty over whether the Federal Reserve will increase rates by mid-September. "With this jobs report, in which below-expectation job creation in August is offset by several factors- including a...

  • Sept 4- Mozilla, creator of the popular Firefox web browser, said hackers had stolen security-sensitive information from Bugzilla, its bug tracker, and used it to "attack" Firefox users.

  • Sept 4- Google Inc expects to return to mainland China as early as this fall following a five-year absence, tech website The Information reported on Friday. The company hopes to get Chinese government approval for a China version of its Play store mobile app, The Information reported, citing people familiar with the plan. The Play store app will only work on...

  • MOZILLA SAYS "SOMEONE WAS ABLE TO STEAL SECURITY-SENSITIVE INFORMATION" FROM "BUGZILLA".

  • Secretary of the Commonwealth William Galvin said he has asked BNY Mellon and six of the largest fund companies affected how the technical glitch in fund accounting impacted individual investors. BNY Mellon roiled about 5 percent of the U.S. fund industry last month when one of the accounting systems it relies on to generate prices for mutual funds and...

  • NEW YORK, Sept 4- Republican presidential candidate Marco Rubio said giving Puerto Rico access to U.S. bankruptcy laws would not solve the U.S. territory's problems and "should only be a measure of last resort," he said in an opinion piece published Friday. Rubio, who is in Puerto Rico at the same time that Democratic contender Hillary Clinton is visiting, attacked...

  • President Barack Obama at the White House on Friday to seek more support in countering Iran, as the Obama administration aims to use the visit to shore up relations after a period of tensions. The visit is the king's first to the United States since ascending to the throne in January 2015, and comes after the United States agreed to a nuclear deal with Iran in July,...

  • OTTAWA, Sept 4- Canada's top court ruled on Friday that a group of Ecuadorean villagers could pursue a multi-billion pollution lawsuit against Chevron Corp in the Canadian province of Ontario. The villagers are now going after Chevron's assets in Canada, Brazil and Argentina. The villagers can now continue with a 2012 lawsuit against Chevron's Canadian...

  • Sept 4- Nissan Motor Co Ltd's North America unit said it would recall about 300,000 vehicles in the United States and 28,000 vehicles in Canada to adjust a console panel. Nissan North America is expected to begin the recall by mid-October, the U.S. vehicle safety regulator said. "We have had an accident with injury related to this issue," Nissan North America...

  • CARACAS, Sept 4- Venezuelan president Nicolas Maduro arrived in fellow OPEC nation Qatar on Friday in an unannounced visit to push for action on oil prices. Venezuela's Oil Ministry did not immediately respond to a request for further details. Cash-strapped Venezuela has for months been pushing for an emergency OPEC meeting and joint coordination with...