SYDNEY, July 24- London copper rallied to its highest in more than a week on Thursday after China's factory sector grew at the fastest clip in 18 months in July, shrugging off news that Indonesia may soon resume ore exports that could smooth out kinks in supply. There just wasn't a lot of clarity over when, "said analyst Joel Crane of Morgan Stanley in Melbourne.» Read More
WASHINGTON, Jan 30- Janet Yellen, the first woman to chair the Federal Reserve in its 100- year history, will take over the reins of the U.S. central bank on Saturday and formally be sworn in next week, the Fed said on Thursday. Yellen, 67, who begins her post as the Fed unwinds its unprecedented efforts to boost the U.S. economy, will be sworn in at 9 a.m. EST on Feb. 3.
The deal, originally raised by China Credit Trust for an investment in a coal mining company and sold through the Industrial& Commercial Bank of China Ltd., is part of a burgeoning $6 trillion shadow banking sector.
SAN FRANCISCO, Jan 30- Google Inc's quarterly revenue beat Wall Street's target despite a sharp decline in prices for its online ads and deepening losses at Motorola, the handset-making division to be sold to China's Lenovo.
Jan 30- Chipotle Mexican Grill Inc on Thursday said an increase in customer visits contributed to bigger-than-expected growth in quarterly sales at established restaurants, and its shares rose nearly 10 percent in extended trading.
Jan 30- Canadian contract electronics manufacturer Celestica Inc's fourth-quarter profit jumped three-fold from a year earlier, when the company had a large impairment charge related to an acquisition in the healthcare industry.
NEW YORK, Jan 30- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein received $14.5 million worth of restricted stock on Tuesday as part of his 2013 bonus, according to a regulatory filing on Thursday. The award of 88,422 shares is worth $14.5 million, based on Goldman's closing price of $163.90 on Wednesday.
On a vote of 67-32, the Democratic-led Senate brushed aside earlier White House concerns and sent the measure to the Republican-led House of Representatives for consideration. "This is how the Senate is suppose to work," said Senator Charles Schumer of New York, a member of Democratic leadership. The White House echoed those concerns in a statement on Monday.
SAN FRANCISCO, Jan 30- One Kings Lane, the online home-furnishings company, has raised $112 million, catapulting it into an elite group of venture-backed companies valued in the billion-dollar range. The funding round puts the company's worth at $912 million, according to a spokeswoman for One Kings Lane.
NEW YORK, Jan 30- U.S. natural gas futures prices fell more than 8 percent on Thursday as the market pulled back from its previous day's ten-percent rally, and gold fell around 2 percent as equities surged on robust U.S. growth data.
NEW YORK, Jan 30- U.S. From Istanbul to Moscow and Brasilia, a fresh round of central bank actions and verbal intervention offered support to emerging market currencies, which calmed some fears after jitters on Wednesday spurred a rally in Treasuries.
NEW YORK, Jan 30- A New York state appeals court on Thursday refused to dismiss a $1.07 billion lawsuit accusing Goldman Sachs Group Inc of selling securities as the financial crisis began that it expected to lose value.
SAN FRANCISCO, Jan 30- Google Inc's consolidated revenue beat Wall Street's target in the fourth quarter even as pricing for its online ads weakened during the holiday season.
Jan 30- Property and casualty insurer Chubb Corp reported a more than five-fold rise in quarterly profit as the company paid lower claims. The company's net income rose to $569 million, or $2.24 per share, in the fourth quarter ended Dec. 31, from $102 million, or 38 cents per share, a year earlier. Net earned premium rose 4 percent to $3.04 billion.
TORONTO, Jan 30- Canadian National Railway Co, the country's largest rail operator, reported higher quarterly results on Thursday and raised its quarterly dividend by 16 percent. Net income rose to C $635 million, or 76 Canadian cents per share, in the quarter that ended on Dec. 31.
NEW YORK, Jan 30- The arctic cold sweeping across the United States has caused rare winter power interruptions for U.S. spinning mills in North and South Carolina, including Frontier Spinning Mills, the second-largest yarn producer in the United States.
Jan 30- Chipotle Mexican Grill Inc on Thursday reported a bigger-than-expected increase in sales at established restaurants and a nearly 30 percent rise in earnings, sending shares up more than 10 percent in extended trading. Net income was $79.6 million, or $2.53 per share, during the fourth quarter, up from $61.4 million, or $1.95 per share, a year earlier.
NEW YORK, Jan 30- Connecticut Governor Dannel Malloy proposed Thursday to use a surplus in the state's budget to boost the rainy day fund, pay into depleted pension funds and provide modest tax relief to state residents. "Connecticut has faced more than its share of challenges over the last few years.
WASHINGTON, Jan 30- Janet Yellen, the first woman to chair the Federal Reserve in its 100- year history, will take over the reins of the U.S. central bank on Saturday but will only formally be sworn in next week, the Fed said on Thursday.
NEW YORK, Jan 30- A new push by regulators and lawmakers to hold individuals, rather than just institutions, accountable for regulatory violations involving money laundering is spooking members of the U.S. financial industry, an executive of retail broker E* Trade Financial said on Thursday.
SAN FRANCISCO, Jan 30- Google Inc's core Internet business revenue grew 22 percent to $15.72 billion in the fourth quarter.