Latest Business News Wires - Business Headlines


  • DETROIT, Sept 15- U.S. safety regulators have opened an investigation into an estimated 205,000 Ford Fiesta small cars after receiving consumer complaints that doors failed to properly latch or stay closed.


  • Brent crude oil fell to its lowest in more than two years, below $97 per barrel, weighed by a strong U.S. dollar and data showing China's factory output grew at the weakest pace in nearly six years in August.

  • Apple receives record pre-orders for new iPhones Monday, 15 Sep 2014 | 8:56 AM ET

    Sept 15- Apple Inc said it received record first-day pre-orders of its new iPhone 6 and iPhone 6 Plus, with over four million in the first 24 hours, meaning many customers will have to wait for their new phones. Apple said a significant number of orders will be delivered to customers beginning Friday, but many will be delivered in October.

  • *Company rejects advances of bigger rival SABMiller. Begun in 1864 by Gerard Adriaan Heineken with the purchase of a brewery in Amsterdam, the company now has more than 165 plants in over 70 countries and is the world's third-largest beer maker- yet his great-granddaughter Charlene de Carvalho-Heineken is still wedded to the firm.

  • *Netflix moves fast in France on content, data centre. PARIS, Sept 15- Netflix will focus on ramping up in six new European markets in the next year, including France and Germany, before taking the video streaming service to additional countries, its chief executive said in an interview.

  • SANTANDER, Spain, Sept 15- Ana Botin, the new chairwoman of Santander, told shareholders on Monday she would defend the legacy of her father at the helm of the euro zone's biggest bank and her priorities include maintaining its generous dividend policy.

  • Sept 15- Avanir Pharmaceuticals Inc said its drug was more effective in reducing agitation associated with Alzheimer's, compared with a placebo. The results from the mid-stage study pushed the company's shares up 28 percent before the bell.

  • *Gazprom Neft sticks to plans at the field, by 2020 as a whole. PRIRAZLOMNAYA OIL PLATFORM, Russia, Sept 15- G azprom Neft, the oil arm of Russian state gas company Gazprom, may turn to alternative equipment providers to meet production targets at its Prirazlomnoye oil field in the Arctic, after Western sanctions restricted access to existing suppliers.

  • Sept 15- Bankrate Inc, which runs financial information websites, said U.S. regulators were investigating its financial reporting during 2012 and that its chief financial officer of eight years had resigned.

  • LONDON, Sept 15- It is ironic that the London Metal Exchange, which has taken so much flak over long waiting times to get metal out of some of its warehouses, is itself now forced to wait before it can start fixing the problems.

  • NEW YORK, Sept 15- Yahoo was the most traded stock on the Nasdaq in premarket action on Monday as traders looked for ways to step in front of Alibaba Group's debut, expected on the NYSE later this week.

  • *SABMiller gains on report InBev seeking funding for takeover. A recovery in mergers and acquisitions has helped drive stock markets to multi-year highs, and sentiment was helped by a report that the world's No. 1 brewer, Anheuser-Busch InBev, was working on a bid for rival SABMiller.

  • PARIS, Sept 15- The OECD slashed its growth forecasts for major developed economies on Monday, urging much more aggressive ECB stimulus to ward off the risk of deflation in a subdued euro zone.

  • Sept 15- Cognizant Technology Solutions Corp struck its biggest deal on Monday, acquiring healthcare IT services provider TriZetto Corp for $2.7 billion to beef up its slowing healthcare business. Shares of the company, which is buying TriZetto from London- based private equity firm Apax Partners LLP, rose nearly 3 percent in premarket trading.

  • Europe shares rise as M&A fever boosts brewers Monday, 15 Sep 2014 | 8:08 AM ET

    *Report AB InBev seeking financing for SABMiller deal. PARIS, Sept 15- European shares rose around midday on Monday, led by a sharp rally in brewers such as SABMiller and Heineken sparked by M&A activity in the sector.

  • *Acceptance for filing with priority review of supplemental new drug application for Vyvanse capsules for adults with binge eating disorder. *FDA is expected to provide a decision in February 2015, based on anticipated prescription drug user fee act action date. *Vyvanse should only be used to treat ADHD.

  • *Gilead plans to sell Sovaldi in India for $300 per month. NEW DELHI/ MUMBAI, Sept 15- U.S. drugmaker Gilead Sciences Inc has agreed to license its hepatitis C drug Sovaldi to seven India- based drugmakers to sell cheaper versions of the $1,000- a-pill medicine in 91 developing nations including India.

  • TORONTO, Sept 15- Canadian coffee and doughnut chain Tim Hortons Inc on Monday reported strong quarterly same-store sales growth in both the United States and Canada.

  • Bankrate reveals SEC probe, says CFO resigns Monday, 15 Sep 2014 | 7:44 AM ET

    Sept 15- Bankrate Inc, which runs financial information websites, said U.S. regulators were investigating its financial reporting during 2012 and that Chief Financial Officer Edward DiMaria had resigned.