GO
Loading...

Latest Business News Wires - Business Headlines

More

  • LONDON, May 2- Shares in Astrazeneca rose 0.4 percent to 48.31 pounds in early trading on Friday after Pfizer raised its offer for the British company to 50.00 pounds per share.

  • ASTRAZENECA SHARES UP 0.4 PCT TO 48.31 POUNDS AFTER PFIZER RAISES OFFER TO 50 POUNDS PER SHARE.

  • AstraZeneca says board will review Pfizer offer Friday, 2 May 2014 | 2:42 AM ET

    LONDON, May 2- AstraZeneca's board will be reviewing a sweetened takeover offer from Pfizer but the company has no further comment at this stage, a spokeswoman for the British drugmaker said on Friday.

  • LONDON, May 2- U.S. drugmaker Pfizer has raised its offer for AstraZeneca to 63 billion pounds, it said on Friday, adding that the British drugmaker was reviewing the proposal.

  • Pfizer commits to UK research hub in Astra battle Friday, 2 May 2014 | 2:21 AM ET

    LONDON, May 2- U.S. pharmaceutical group Pfizer Inc has told Prime Minister David Cameron it will retain British jobs and a planned scientific research hub in Cambridge if it succeeds in its bid to take over rival AstraZeneca.

  • May 2- Consumer rights law firm Hagens Berman said it filed a nationwide antitrust class-action lawsuit against Google Inc alleging the company "illegally monopolized" the Internet and mobile search market in the United States. Google said Android and Google can be used independent of each other.

  • SINGAPORE, May 2- Brent crude held steady below $108 a barrel on Friday, on track for its steepest one-week decline in four months, as rising supply from the U.S. and Libya and a muted demand outlook in China dragged down oil prices.

  • LONDON, May 2- U.S. drugmaker Pfizer said on Friday it had raised its offer for AstraZeneca to 50 pounds a share, adding that the British drugmaker was reviewing the proposal.

  • TOKYO, May 2- Japanese shares stepped back on Friday, with Sony Corp. falling after a profit warning and as investors took a wait-and-see stance ahead of a closely-watched U.S. employment report later in the day.

  • *Sterling holds near 5- year peak after upbeat UK data. SYDNEY/ SINGAPORE, May 2- The dollar hovered above a three-week low against a basket of major currencies on Friday, as investors stayed on the sidelines ahead of a closely watched U.S. jobs report and appeared unmoved by clashes between Ukrainian forces and pro-Russian separatists.

  • HONG KONG, May 2- Macau, the world's casino capital, raked in 31.3 billion patacas in gambling revenue in April thanks to strong spending by Chinese visitors keen to place their bets in the country's only legal casino hub.

  • *HSI +0.5 pct, H-shares +0.6 pct; China markets shut. Hong Kong's Hang Seng Index was also helped by confidence returning to the tech sector on Wall Street, though there were falls for telecom shares due to China's pilot programme on taxes.

  • May 2- Twitter Inc investors who heeded the advice of high-profile banks such as Goldman Sachs Group Inc and Deutsche Bank AG to buy the social media company's shares might be kicking themselves. On Wednesday the stock fell as low as $37.24, 50 percent below its peak of $74.73 the day after Christmas, wiping almost $18 billion off Twitter's market capitalization.

  • NEW YORK/ ST LOUIS, May 2- The U.S. Treasury Department has frozen all recruitment by its anti-money laundering arm and forced the agency to rescind 11 job offers, after an investigation found it violated the federal employment code during an aggressive hiring push, according to several government officials.

  • *Action comes hours after Russia revives Red Square May Day parade.

  • HONG KONG, May 2- Macau, the world's casino capital, raked in 31.3 billion patacas in gambling revenue in April thanks to strong spending by Chinese visitors keen to place their bets in the country's only legal casino hub.

  • Fresh violence in Ukraine eyed for signs of escalation. TOKYO, May 2- Asian shares edged up amid expectations for an upbeat U.S. payrolls report later in the session, while the markets kept an eye on the Ukraine after reports of fresh violence there that could potentially dampen risk appetite.

  • Brent holds below $108 ahead of U.S. jobs data Friday, 2 May 2014 | 12:03 AM ET

    SINGAPORE, May 2- Brent crude held steady below $108 a barrel on Friday, on track for its steepest one-week decline in four months, as rising supply from the U.S. and Libya and a muted demand outlook in China dragged down oil prices.

  • *Nonfarm payrolls seen increasing 210,000 in April. WASHINGTON, May 2- U.S. hiring likely increased at its quickest pace in five months in April, which would bolster hopes of a strong rebound in economic activity in the second quarter.

  • TOKYO, May 2- Japanese household spending soared at the fastest annual pace in four decades in March as consumers rushed to beat a sales tax hike, with early signs backing the central bank's conviction the economy will weather an expected fall in consumption over coming months.