GO
Loading...

Latest Business News Wires - Business Headlines

More

  • *First-quarter sales 20.8 bln Sfr vs 21.5 bln in poll. ZURICH, April 15- Nestle expects sales growth to pick up in the next few quarters after slowing to 4.2 percent in local currencies in the first, when unusually cold weather hit sales in North America and cost-conscious Europeans continued to opt for cheaper brands.

  • BEIJING, April 15- Hong Kong listed shares in BYD. Chinese media and the Wall Street Journal reported that the company sold 39,300 vehicles globally in March, citing an emailed statement from the company.

  • April 15- General Electric Co's Chief Executive Jeff Immelt may step down sooner than his expected 20- year tenure, the Wall Street Journal reported, citing people familiar with the company's thinking.

  • SINGAPORE, April 15- Gold fell over 1 percent on Tuesday, retreating from a three-week high as gains in the dollar and strong U.S. retail sales data offset safe-haven bids that were driven by heightened tensions in Ukraine.

  • China shares drop over 1 pct as banks hit by weak data Tuesday, 15 Apr 2014 | 3:13 AM ET

    BEIJING, April 15- China shares fell sharply on Tuesday as the banking sector took a beating after data showed the country's money supply grew at its slowest pace in more than a decade.

  • LONDON, April 15- European equity indexes opened broadly flat on Tuesday as the threat of costly sanctions against Russia and mixed sales updates from bellwether consumer groups such as L'Oreal and SABMiller capped appetite for shares.

  • SINGAPORE, April 15- Brent crude futures fell below $109 a barrel on Tuesday after hitting a six-week high in the previous session, as investors looked ahead to a meeting in Geneva that they hoped would bring a political resolution to the crisis in Ukraine.

  • *Sonia Gandhi takes centre stage with appeal to avert Congress election defeat. NEW DELHI, April 15- Sonia Gandhi, president of India's ruling Congress party, has issued a rare direct appeal to the nation not to return an opposition she said was motivated by "hatred and falsehood" in the country's general election.

  • TOKYO, April 15- Japanese stocks rebounded from six-month lows on Tuesday after strong U.S. retail sales data helped calm nerves amid the backdrop of an escalating crisis in Ukraine, pulling the yen down and supporting exporters. The Nikkei share average ended 0.6 percent higher to 13,996.81, crawling back from previous day lows last visited in early October.

  • *Q1 sales 11.496 bln Swiss francs vs 11.887 bln forecast. ZURICH, April 15- Adverse currency moves weighed on first-quarter sales at Roche Holding AG, which fell 1 percent, despite a healthy uptake of its new cancer medicines.

  • ZURICH, April 15- Nestle expects sales growth to pick up in the next few quarters after slowing to 4.2 percent in the first quarter as unusually cold weather subdued sales in North America and cost-conscious Europeans continued to opt for cheaper brands.

  • TOKYO, April 15- Nerves got the better of Asian share markets on Tuesday as they turned lower after an upbeat U.S. retail sales report was eclipsed by soft data from China, providing a stark reminder to investors of the headwinds facing the world's second-largest economy.

  • *Some wariness towards tensions in Ukraine. Some caution over tensions in Ukraine may be helping to temper the dollar's gains against the yen, said a trader for a European bank in Tokyo. Investors remained wary of developments in Ukraine, where any escalation might quickly cause risk appetite to evaporate.

  • April 15- General Electric Co's Chief Executive Jeff Immelt may step down sooner than his expected 20- year tenure, the Wall Street Journal reported, citing people familiar with the company's thinking.

  • Banks lead declines in China stocks, HK autos down Tuesday, 15 Apr 2014 | 1:14 AM ET

    BEIJING, April 15- China shares fell on Tuesday as weak banking stocks weighed on sentiment after data showed the country's money supply grew at its slowest pace in more than a decade and loan growth slowed. Hong Kong stocks also fell, dragged lower by auto shares, which shed some of the gains seen over the past few days after positive earnings data.

  • The lawsuit, filed on Monday afternoon, sought civil damages, a public apology and data from water quality testing in the past year from Lanzhou Veolia Water Co., a local unit of French firm Veolia Environment, according to the Modern Jinbao newspaper, citing Wu Tianying, one of the Lanzhou residents who filed the suit.

  • JGBs little changed, 5-yr auction draws solid bids Tuesday, 15 Apr 2014 | 1:12 AM ET

    TOKYO, April 15- Japanese government bond prices were little changed on Tuesday, erasing small earlier losses after an auction of five-year JGBs drew solid bids. The 10- year JGB futures ticked up 0.04 point to 145.09, coming back from the day's low of 144.99.

  • *Infosys Q4 net profit at 29.9 bln rupees vs 28.1 bln estimates. *Infosys sees FY15 revenue growing 7-9 pct. BANGALORE, April 15- Infosys Ltd, India's second largest software services exporter, forecast an increase in IT spending by its U.S. and European clients to boost sales between 7 and 9 percent this fiscal year, in line with expectations.

  • SINGAPORE, April 15- Brent crude futures dropped below $109 a barrel following a surge to a six-week high in the previous session, as investors looked ahead to a meeting in Geneva that they hoped would bring a political resolution to the escalating crisis in Ukraine.

  • SHANGHAI, April 15- China's yuan softened on Tuesday after the central bank fixed its official midpoint at a seven-month low, as traders said major Chinese industrial companies were stocking up on dollars for trade as well as mergers and acquisitions.