GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • Nearly 18 months after the low-cost carrier, backed by Australia's Qantas Airways and Shanghai- based China Eastern Airlines, lodged an application for a licence, Hong Kong authorities are still weighing its approval. Budget airlines account for just 8 percent of the capacity out of Hong Kong, compared with 30 percent in Singapore and 50 percent in Kuala Lumpur...

  • AMSTERDAM/ LONDON/ PARIS, Nov 17- Bird flu was found on a duck farm in England on Monday days after it was discovered in Dutch chickens, forcing authorities to destroy poultry and restrict exports, although it was not a strain known to be deadly to humans. Health officials said the outbreak may have been brought to Europe by wild birds migrating from Asia where...

  • *Brent down just a bit after Russia/ Venezuela price defense plan. NEW YORK, Nov 17- Oil pared early losses on Monday after Russia and Venezuela appeared to be coordinating on a price defense plan, but Brent and U.S. crude still ended lower on worries over Japan's recession. But the oil market has another and bigger problem: that the OPEC meeting will come and go without...

  • Nov 17- Carl Icahn isn't forecasting a dramatic stock market drop quite yet, but the billionaire investor is still bracing for an equity sell-off in the next three to five years, he told Reuters on Monday. "I am still concerned that one day you'll see a break like you had a few weeks ago," Icahn said at the Reuters Investment Outlook Summit in New York on Monday, "but it...

  • REUTERS SUMMIT-ICAHN SAYS FALLING OIL PRICES BOOSTING ECONOMY IN THE SHORT-TERM, SAYS ENERGY COMPANIES MAY BE A BARGAIN AT SOME POINT.

  • REUTERS SUMMIT-ICAHN SAYS CORPORATE EARNINGS ARE' SUSPECT,' LIFTED BY ARTIFICIALLY LOW INTEREST RATES.

  • REUTERS SUMMIT-CARL ICAHN STILL HEDGING AGAINST STOCK-MARKET DECLINE, BELIEVES THERE WILL BE A' MAJOR CORRECTION' IN NEXT THREE TO FIVE YEARS.

  • *Japan slips into recession, briefly boosts Treasuries. NEW YORK, Nov 17- U.S. "Treasuries have been strong all year and we did see some buying after Japan's GDP data," said Aaron Kohli, interest rate strategist at BNP Paribas in New York.

  • WASHINGTON, Nov 17- A heavyweight list of bankers and regulators will appear before a U.S. Senate committee this week in a probe into Wall Street's role in commodity markets and ahead of possible tougher rules from the Federal Reserve. On Thursday, speakers will include Christopher Wibbelman, the head of Goldman Sachs's warehousing unit Metro International...

  • NEW YORK, Nov 17- The U.S. dollar gained against the euro and a basket of currencies on Monday after European Central Bank officials spoke of possible further actions to boost the region's struggling economy and Japan unexpectedly slipped into recession. "It tells you the intensity of the carry trade, central banks are trying to force people out of their currency,"...

  • Nov 17- Botox maker Allergan Inc on Monday accepted a $66 billion takeover bid from Actavis Plc, ending a seven-month hostile pursuit by activist investor William Ackman and Valeant Pharmaceuticals International Inc.. Besides the higher price tag, the Actavis deal came with only $400 million in R&D cuts for Allergan, far less than the $900 million decrease...

  • SAN FRANCISCO, Nov 17- Upcoming bracelets with technology from Intel Corp and design cues from fashion brand Opening Ceremony will connect the wearer with Facebook, Google and Yelp via an AT&T data plan without having to carry a smartphone. As well as lapis stones, obsidian and an 18 k gold coating, the devices include a sapphire curved screen on the inside of the...

  • NEW YORK, Nov 17- Enhancing ethnic diversity on the world's financial trading floors is a recipe for deflating devastating bubbles and increasing profits, data from a new study showed on Monday. What we show is that it can economically also be valuable in market efficiency terms, "said David Stark, professor of sociology and international affairs at Columbia...

  • *Brent falls toward $78 as Japanese growth stalls. NEW YORK, Nov 17- Oil prices fell and global equity markets were mixed on Monday after news that Japan unexpectedly slipped into recession in the third quarter renewed concerns about the world economy, but merger activity and comment about European stimulus capped declines. Brent oil initially fell more than $1...

  • Nov 17- American Specialty Alloys said it plans to build a $1.2 billion aluminum mill in southeastern United States to tap into rising demand from the automotive industry. Boggs is making the switch to aluminum after almost a quarter of a century working in engineering and technology development for major steel producers including AK Steel, Severstal's...

  • WASHINGTON, Nov 17- Supporters of the Keystone XL pipeline in the U.S. Senate scrambled on Monday to gather votes to pass a bill that authorizes the project to help send Canadian oil to the U.S. With her chamber stuck at 59 votes in favor of Keystone XL, Senator Mary Landrieu, a Louisiana Democrat, worked hard to gather one last vote needed to pass a bill that the House of...

  • NEW YORK, Nov 17- Former customers of Bernard Madoff may soon recover an additional $496.8 million as a result of a settlement with two "feeder funds" that was announced on Monday by the trustee liquidating the swindler's firm. The settlement, with the Herald Fund SPC and Primeo Fund, both based in the Cayman Islands, is one of the largest obtained by the trustee,...

  • *Baker Hughes rallies, Halliburton tumbles after deal. Shares of Baker Hughes, up 10.2 percent, and Allergan, up 5.1 percent, led gains on the S&P 500 after Halliburton said it would buy Baker Hughes and Allergan agreed to be bought by Actavis. The largest percentage gainer on the S&P 500 was Baker Hughes, while the largest decliner was Halliburton, down 10.1 percent.

  • TORONTO, Nov 17- The Canadian province of Ontario said on Monday it continues to project a deficit of C $12.5 billion in fiscal 2014-15, with a balanced budget expected in 2017-18, unchanged from the forecasts in the Liberal government's July budget. In his fall fiscal update, Finance Minister Charles Sousa said there are signs economic growth in the province...

  • *Rosneft chief Vienna visit sparks OPEC coordination talk. The surprise announcement from the state-backed firm raised speculation that Sechin, a close ally of President Vladimir Putin, will discuss coordinating with OPEC to try stem the near 30 percent drop in oil prices since June. Previous overtures between the producer group and Russia, the largest oil...