G-20 says close to goal of $2 trillion in growth German families to sue Ukraine over MH17 crash With Alibaba's big debut, 10 things to know As Wall Street watches Alibaba, stocks drift Procter& Gamble cancels on-field NFL promotion Unemployment rates rise in 24 US states in August Gauge of US economy edges up 0.2 percent in August Oculus unveils new prototype VR headset Alibaba stock soars in jubilant trading debut Yahoo rakes in another jackpot from Alibaba's IPO» Read More
SETTLEMENT TO BE INCLUDED IN FORTHCOMING AMENDED BANKRUPTCY PLAN-MEDIATORS.
SETTLEMENT REINSTATES $287.5 MLN OF GO BONDS IN PRINCIPAL AMOUNT ON CURRENT TERMS-COURT MEDIATORS.
DETROIT SETTLEMENT WITH BOND INSURERS AMBAC, ASSURED, NATIONAL PUBLIC FINANCE GUARANTEE ALLOWS $388 MLN OF UTGO CLAIMS.
ROME, April 9- Italian Prime Minister Matteo Renzi defended his fiscal reform plans on Wednesday against critics inside and outside his Democratic Party as the European Commission reminded Italy of its commitment to balance its budget.
DETROIT REACHES SETTLEMENT ON TREATMENT OF UNLIMITED TAX GENERAL OBLIGATION BONDS- MEDIATORS.
US SENATOR PATRICK LEAHY, CHAIR OF JUDICIARY COMMITTEE, URGES COMCAST TO SUPPORT STRONGER, EXTENDED NET NEUTRALITY RULES BEYOND 2018.
MEXICO CITY, April 9- Mexican inflation fell below the central bank's 4 percent limit in March, cooling a bit more than expected and backing bets for steady interest rates this year in Latin America's No. 2 economy.
*Bernstein upgrades lift Porsche and Volkswagen. The STOXX Europe 600 Automobile& Auto Parts Index was the best-performing equity sector in Europe, rising 1.3 percent as Volkswagen and Porsche both benefited from an upgrade by the brokerage Bernstein. Bernstein raised its rating on Porsche and Volkswagen to "outperform" from "market perform".
NEW YORK, April 9- The dollar rebounded from one of its worst performances against the yen on Wednesday as the. The dollar on Tuesday posted its largest one-day fall versus the yen in more than seven months, with investors buying back the Japanese currency after the Bank of Japan held off on additional monetary easing.
WASHINGTON, April 9- The United States on Wednesday urged Germany and other European countries to take seriously the risk that Europe could slip into a dangerous spiral of falling wages and prices. Lew was speaking on the eve of the spring meetings of the International Monetary Fund, which brings top financial officials from around the world to Washington.
WASHINGTON, April 9- U.S. wholesale inventories rose at a slower pace in February than in the prior month, which could support views that restocking will not help the economy in the first quarter. The Commerce Department said on Wednesday wholesale inventories increased 0.5 percent after a revised 0.8 percent gain in January.
April 9- Confectionary company Mars Inc said it would buy Procter& Gamble Co's pet food brands IAMS, Eukanuba and Natura in the United States and Latin America for $2.9 billion to beef up its pet food business.
April 9- Finance ministers from the Group of Seven industrialized nations will meet on Thursday in Washington to discuss the global economy and the situation in Ukraine, sources said.
La Quinta raised $650 million from the offering of 38.25 million shares, which priced slightly below the expected range at $17 per share. La Quinta's shares opened at $16.75 and touched a low of $16.65 on the New York Stock Exchange on Wednesday, valuing the company at $2.04 billion.
*U.S. to sell $21 billion in 10- year note supply. *Fed to buy $900 million to $1.15 billion in long-dated bonds. NEW YORK, April 9- U.S.
BRUSSELS, April 9- Funding green energy will become harder under EU rules published on Wednesday designed to replace subsidies with market-based schemes, just when the Ukraine crisis has heightened the need for alternatives to imported fossil fuel.
*Poland has launched industry-wide investigation. WARSAW, April 9- Polish prosecutors alleged on Wednesday that a local executive with U.S. firm Hewlett-Packard Co. paid bribes worth over $500,000 in exchange for help winning contracts to supply computer equipment to the Polish police headquarters.
NEW YORK, April 9- U.S. stocks opened higher on Wednesday, putting the S&P 500 on track for a second straight advance, after Alcoa Inc reported adjusted profits that beat expectations. The Nasdaq Composite Index was up 20.37 points, or 0.50 percent, at 4,133.36. Shares of Alcoa rose 4.5 percent to $13.11.
DAKAR, April 9- Small and medium-sized enterprises in Africa are crying out not just for financing but also management and operational expertise to enable them to grow a regional footprint, says private equity firm AFIG Funds.
NOVO-OGARYOVO, Russia, April 9- Russian President Vladimir Putin told state-controlled natural gas producer Gazprom on Wednesday to hold off on making Ukraine pay up front for gas from Russia.