GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • Congress, President Barack Obama headed to the conservative heartland on Wednesday to promote his plans for bolstering the middle class. Obama left Washington for a two-day trip to Idaho and Kansas to push his message that everyone should stand to gain from an economy that has all but recovered from years in the doldrums. Despite losing control of the Senate to...

  • *Gold dips on profit taking. SINGAPORE, Jan 22- Gold held below a five-month high on Thursday, hurt by profit-taking ahead of the European Central Bank's decision on stimulus measures, and strength in Asian equities that dented the metal's safe-haven appeal. "Increased liquidity in the euro-region is set to boost the prices of gold, as the precious metal may enjoy...

  • Jan 22- Regulatory measures to curb China's shadow banking growth appear to be having an effect and have prompted a shift in credit activity back to the formal banking system, Moody's Investors Service said on Thursday. "Although shadow banking has continued to grow, it has done so more slowly in recent quarters as regulatory measures to rein in the sector's...

  • SEATTLE, Jan 21- Washington state could become the only U.S. state to raise its legal age for smoking tobacco to 21 from 18 under a measure proposed on Wednesday by its top law enforcement official. Cigarette smoking is the leading cause of preventable death in the United States, accounting for more than 480,000 deaths annually, or one of every five deaths overall,...

  • *Bank of Korea wary over global market volatility. SEOUL, Jan 22- South Korea is closely watching rising volatility in financial markets sparked by rate cuts around the world, the central bank governor said, and pointed to the European Central Bank policy decision later in the global day as a key moment for investors. Bank of Korea Governor Lee Ju-yeol said...

  • With oil prices down by more than half since mid-2014, Venezuela's economic mess has hit Maduro's popularity hard and threatened the future of the ruling "Chavismo" movement named for his charismatic predecessor Hugo Chavez. The 52- year-old Maduro blamed political foes for Venezuela's dismal economic data, but he also announced the most concrete changes in...

  • TOKYO, Jan 22- Asian shares rose to near eight-week highs on Thursday as investors bet the European Central Bank will unveil a bond-buying stimulus programme later in the day in an attempt to revive the flagging euro zone economy. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percen, while Japan's Nikkei stock average was flat.

  • EBay's breakup plans may open door for e-commerce M&A Wednesday, 21 Jan 2015 | 9:45 PM ET

    SAN FRANCISCO, Jan 21- EBay Inc's plans to break up into three different companies could accommodate would-be suitors, signaling a potential merger fight after the breakup. The moves come as Wall Street analysts question how long eBay and PayPal can withstand growing competition from online rivals such as Amazon.com Inc, Google Inc and Alibaba Group Holding...

  • Jan 21- Google Inc is preparing to sell mobile phone plans directly to customers and manage their calls and mobile data over a cellular network, The Information reported, citing people familiar with the matter. Google is expected to reach deals to buy wholesale access to Sprint and T-Mobile mobile voice and data networks, making it a mobile virtual network...

  • SEATTLE, Jan 21- Microsoft Corp surprised the tech world on Wednesday with a prototype hologram visor that can bring the Minecraft video game, Skype calls and even the landscape of Mars to three-dimensional life. Microsoft said its wire-free Microsoft HoloLens device will be available around the same time as Windows 10 this autumn. Microsoft does not have a...

  • *Markets see bigger chance of RBA rate cut after Canada's move. SYDNEY, Jan 22- Australian markets have rushed to narrow the odds on a near-term cut in interest rates following a surprise easing from Canada, not least because of the similarities between the two countries as major commodity exporters. While Canada has been hit by a slump in oil prices, a point the Bank...

  • Nikkei flat as investors stay on sidelines before ECB Wednesday, 21 Jan 2015 | 9:18 PM ET

    *Unicharm hits record high on strong profit report. TOKYO, Jan 22- Japanese shares were flat in choppy trade as the market digested expectations the European Central Bank will unveil new stimulus measures at its meeting later on Thursday, while a pause in the weak yen kept investors sidelined. Greece faces an early national election after its parliament...

  • MELBOURNE, Jan 22- London copper slipped on Thursday from one-week highs hit the session before, as traders took profits on long positions built up on expectations the European Central Bank will announce weighty bond-buying measures later in the day. *Three-month copper on the London Metal Exchange had slipped half a percent to $5,747.50 a tonne by 0143 GMT,...

  • Oil prices dip ahead of looming ECB bond buying programme Wednesday, 21 Jan 2015 | 8:55 PM ET

    *ECB could buy 50 billion euros in bonds per month- source. SINGAPORE, Jan 22- Oil prices dipped early on Thursday ahead of the expected announcement of a bond-buying programme by the European Central Bank later in the day that could push the dollar to new highs and put downward pressure on commodities. International benchmark Brent crude futures were trading at...

  • WASHINGTON, Jan 21- The United States is set to slap more duties on imports of tires from China after the Department of Commerce determined they were sold too cheaply in the United States. The duties will affect goods from Shandong Yongsheng Rubber Group Co., Cooper Kunshan Tire Co, a subsidiary of Cooper Tire& Rubber Co, and Giti Tire Co, a subsidiary of Giti Tire,...

  • Venezuela alters currency system but keeps three tiers Wednesday, 21 Jan 2015 | 8:32 PM ET

    CARACAS, Jan 21- President Nicolas Maduro said he was modifying Venezuela's complex currency controls but would stick to a three-tier system with cheap dollars guaranteed for food and medicine imports at the existing strongest rate of 6.3 dollars. Currently, Venezuela operates three rates- 6.3 for essential goods, and two rates via the central bank known as...

  • VENEZUELA'S MADURO SAYS TIME FOR DOMESTIC GASOLINE PRICE INCREASE HAS COME.

  • VENEZUELA'S MADURO SAYS MUST WORK TOWARDS SYSTEM OF FAIR, BALANCED DOMESTIC GASOLINE PRICES.

  • VENEZUELA'S MADURO SAYS THIRD CURRENCY SYSTEM WILL OPERATE VIA BROKERS.

  • VENEZUELA PRESIDENT MADURO SAYS WILL CONVERT SICAD II RATE INTO NEW SYSTEM.