GO
Loading...

Latest Business News Wires - Business Headlines

More

  • British PM Courts Rich Allies in EU Budget Battle Wednesday, 6 Feb 2013 | 6:16 AM ET
    David Cameron

    British Prime Minister David Cameron hopes to enlist the support of Germany and other rich north European countries in his fight to freeze EU spending at budget talks this week and is prepared to block a deal unless more savings are found.

  • Nikkei Surges 4% as Yen Slumps Tuesday, 5 Feb 2013 | 6:27 PM ET
    Masaaki Shirakawa, governor of the Bank of Japan

    Japanese stocks surged 4 percent to its highest level in more than four years on Wednesday, after the yen declined sharply on bets that a decision by the head of the Bank of Japan to step down early will bring forward aggressive monetary easing.

  • China OKs Sweeping Tax Reforms to Tackle Inequality Tuesday, 5 Feb 2013 | 6:04 PM ET

    China unveiled sweeping tax reforms on Tuesday to make wealthy state-owned firms, property speculators and the rich pay more to narrow a yawning gap between an urban elite and hundreds of millions of rural poor.

  • Knight Capital Group to Cut Workforce by 5 Percent Tuesday, 5 Feb 2013 | 6:28 AM ET

    Knight Capital Group, which recently agreed to be bought for $1.4 billion by Getco Holding Co, will lay off 5 percent of its global workforce as part of efforts to restructure the automated trading firm, according to a regulatory filing released on Monday.

  • Lloyds Chairman Sees 2012 Bonus Pool Down on Year Tuesday, 5 Feb 2013 | 1:31 AM ET

    Lloyds Banking Group is likely to pay its staff less in bonuses for 2012 than the year before and will "undoubtedly" pay out less than the other major British banks, its chairman said on Wednesday.

  • Dell Closer to Buyout as Price Talks Narrow Monday, 4 Feb 2013 | 8:03 PM ET
    Dell research and development facility

    Dell moved closer to a nearly $24 billion buyout deal, with price negotiations narrowing to $13.50 to $13.75 a share in what would be the biggest leveraged buyout since the financial crisis.

  • Obama to Meet With CEOs of Goldman, Yahoo & More Monday, 4 Feb 2013 | 6:50 PM ET

    President Obama is slated to meet with the CEOs of 12 companies on Tuesday, including Lloyd Blankfein from Goldman Sachs and Marissa Mayer from Yahoo to discuss immigration and deficit reduction, the White House said.

  • JAL Seeks Compensation From Boeing for 787 Woes Monday, 4 Feb 2013 | 8:29 AM ET
    Japan Airlines

    Japan Airlines said it will talk to Boeing about compensation for the grounding of the 787 Dreamliner, adding that the idling of its jets would cost it nearly $8 million.

  • Small Lenders Ride US Mortgage Wave Monday, 4 Feb 2013 | 2:14 AM ET

    Scores of independent mortgage lenders and community banks are winning business from banks such as Citigroup or Bank of America that have retrenched after the financial crisis.

  • This Week, Watch What Central Bankers Say, Not Do Sunday, 3 Feb 2013 | 7:02 PM ET
    European Central Bank (ECB) headquarters in Frankfurt, Germany.

    Central banking is in a state of flux as policymakers from Tokyo to Washington ditch prevailing orthodoxies to try to grab a bigger share of a slow-growing global economic pie.

  • China's Rancid Haze Puts Spotlight on Oil Giants Sunday, 3 Feb 2013 | 6:03 PM ET

    The search for culprits behind the rancid haze enveloping China's capital has turned a spotlight on the country's two largest oil companies and their resistance to tougher fuel standards.

  • Silvio Berlusconi

    Italy's former Prime Minister Silvio Berlusconi announced his "last great electoral and political battle" on Sunday.

  • BlackBerry Z10 and iPhone 5 smartphones

    The company must chart a tough course: quickly launch cheaper handsets to woo lower-end subscribers while restoring its tattered brand among the countries' status-conscious.

  • MF Global Customers Will Get Money Back: Freeh Sunday, 3 Feb 2013 | 3:04 PM ET

    Former customers of Jon Corzine's collapsed brokerage MF Global would recover most, and probably all, of their money under the latest projections by the trustee liquidating its bankrupt parent company.

  • Reid: US Congress Will Pass Immigration Legislation Sunday, 3 Feb 2013 | 2:57 PM ET
    A petitioner holds a US flag during a naturalization ceremony.

    The top Senate Democrat on Sunday predicted that Congress will pass and send to President Barack Obama legislation overhauling the U.S. immigration system, saying "things are looking really good." Obama last week expressed hope Congress can get a deal done on immigration, possibly in the first half of the year.

  • Barclays said its finance director Chris Lucas and its top legal expert are to retire, adding to change at the top of the British bank as it struggles to put a series of scandals behind it.

  • Hedge Funds Up Bets Against Italy's Monte Paschi Sunday, 3 Feb 2013 | 9:24 AM ET

    London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.

  • New Measures to Lift Veil on Banks' Capital Ratios Sunday, 3 Feb 2013 | 9:17 AM ET

    The game may soon be up for banks that have made themselves look healthier by understating how risky their businesses are, which should help pension funds, savers and companies to decide which institutions to invest in.

  • ANA in Talks With Boeing to Speed Up 777 Jet Deliveries Saturday, 2 Feb 2013 | 11:05 PM ET

    Japan's All Nippon Airways is in talks with U.S. aircraft maker Boeing to speed up the delivery of three 777 jetliners as its fleet of 787 Dreamliner airplanes remains grounded with undiagnosed battery problems, the Nikkei newspaper said on Sunday.

  • Weak Yen Yet to Reach Corporate Japan's Bottom Line Saturday, 2 Feb 2013 | 8:50 PM ET

    Currency hedging cost Japanese companies such as Honda Motor the chance to fully cash in on a weak yen last quarter, raising the risk that investor expectations could outrun earnings.