GO
Loading...

Latest Business News Wires - Business Headlines

More

  • *Armed men seize buildings in eastern Ukraine. *Kiev says cut-off of Russian gas looking likely.

  • *Ukraine says Russian gas price hike unacceptable. *Armed men seize buildings in eastern Ukraine. KIEV, April 12- Armed pro-Russian militants raised the Russian flag in an eastern Ukrainian city on Saturday, deepening a stand-off with Moscow which, Kiev warned, was dragging Europe closer to a "gas war" that could disrupt supplies across the continent.

  • KIEV, April 12- Ukraine said on Saturday it was suspending payments to Russia for deliveries of gas, ratcheting up the tension in a standoff that has the potential to leave European Union states cut off from the Russian gas supplies on which they depend.

  • UK to ramp up fight against offshore tax evasion Saturday, 12 Apr 2014 | 5:34 AM ET

    LONDON, April 12- Britain plans to toughen its rules on cash hidden offshore in a new bid to crack down on people evading tax, the government said on Saturday. Under a proposed new criminal offence, tax officials will only have to show that income on money held by individuals outside Britain is taxable and undeclared in order to secure a prosecution.

  • *He says gas exports shifting to Asia, away from Europe. *In talks with China on dropping dollar transactions. MOSCOW, April 12- Gennady Timchenko, the billionaire Russian gas trader hit with U.S. sanctions over his alleged ties with the Kremlin following Russia's annexation of Crimea, said being singled out by Washington was a badge of honour.

  • TOKYO, April 12- The United States has proposed eliminating over 30 years its tariffs on Japanese motor vehicles but Japan rejected the proposal because the time period is unusually long, Kyodo News reported on Saturday.

  • April 12- A drug being developed by Intercept Pharmaceuticals Inc led to significant improvement in signs of a rare liver disease that primarily affects middle-aged women, likely reducing the risk of need for liver transplant and of death, according to results of a late-stage clinical trial presented on Saturday.

  • WASHINGTON, April 11- South Korea's economy will maintain its fast recovery and the U.S. unwinding of its stimulus measures even adds to the optimism because it suggests exports will grow, the South Korean finance minister told Reuters on Friday.

  • *Congress probes automaker's failure to fix until 2014.

  • "There's skepticism among investors about the outlook, and we're getting into the first-quarter earnings season, so you're going to see some positioning," said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin.

  • RIO DE JANEIRO, April 11- Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms, securities industry watchdog CVM said on Friday.

  • KINGSTON, April 11- Cuba is protesting the decision by PriceSmart Inc, a major U.S.-based bulk-shopping warehouse, to suspend memberships of shoppers from the communist country at its Jamaica subsidiary, Cuban officials said on Friday.

  • DIARY - Top Economic Events to April 25 Friday, 11 Apr 2014 | 8:01 PM ET

    WASHINGTON- ECB Governing Council member Jens Weidmann and German Finance Minister Wolfgang Schaeuble to hold a national press conference in Washington- 1730 GMT.

  • Hints of possible deal on Ukraine gas emerge at G20 Friday, 11 Apr 2014 | 7:43 PM ET

    WASHINGTON, April 11- Behind statements that Russia will not budge in demanding Ukraine repay its debts for its natural gas deliveries, hints emerged at a meeting of G20 finance chiefs this week that a deal in which Moscow eases its stance might be in the works.

  • FACTBOX-IMF quotas changes proposed under reform Friday, 11 Apr 2014 | 7:38 PM ET

    April 11- Global finance officials are agitated that the United States has not ratified reforms to the structure of the International Monetary Fund aimed at giving emerging economy nations a greater voice in the global lender.

  • RIO DE JANEIRO, April 11- Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation by securities industry watchdog CVM for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms.

  • WASHINGTON, April 11- A group of the world's leading rich nations will support increasing sanctions against Russia if Moscow escalates the crisis in Ukraine, U.S. The G7 includes the United States, Canada, France, Germany, Italy, Japan and Great Britain.

  • WASHINGTON, April 11- A group of the world's leading rich nations will support increasing sanctions against Russia if Moscow escalates the crisis in Ukraine, U.S. Treasury Secretary Jack Lew said on Friday.

  • Intel, Oracle, Microsoft and Cisco, known as the four horsemen during the late 1990 s technology boom due to their strong performance and leading market share, have all rallied since the beginning of March even as stocks of many other tech companies have been crushed.

  • SEATTLE, April 11- Microsoft Corp's board faces a lawsuit over the way it handled an error with its Internet Explorer browser that ended up costing the company a record-breaking $731 million fine by European antitrust regulators.