GO
Loading...

Latest Business News Wires - Business Headlines

More

  • TOKYO, Oct 21- The time is "ripe" for Japan and the United States to reach a breakthrough in talks for a Trans-Pacific Partnership trade pact, the U.S. commerce secretary said on Tuesday, adding that the two were "a lot closer" to a deal than in recent months. Penny Pritzker, who is in Japan with a trade mission of U.S. energy and medical companies, said both countries needed...

  • *Total's CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plow as it was taking off from Moscow's Vnukovo airport on Monday night. The collision occurred minutes before midnight Moscow time as de Margerie's Dassault Falcon jet was taking off...

  • *Total's CEO a defender of Moscow policies. MOSCOW, Oct 21- The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport on Monday night. The collision occurred minutes before midnight Moscow time as de Margerie's Dassault Falcon jet was taking...

  • SHANGHAI, Oct 21- China shares fell on Tuesday, with pharmaceutical and property sectors hit by profit-taking and weak economic data, but losses were capped by optimism the government will roll out more policies to support the slowing economy. Shenzhen Neptunus Bioengineering Co Ltd slumped 4.9 percent and Da An Gene Co Ltd 5.6 percent. China Merchants...

  • European shares dip early; Total falls after CEO dies Tuesday, 21 Oct 2014 | 3:06 AM ET

    PARIS, Oct 21- European shares fell in early trading on Tuesday, adding to the previous session's losses as data showing a slowdown in Chinese economic growth kept investors on edge, offsetting better-than-expected quarterly sales from Apple. Shares in oil giant Total fell 1.2 percent after its chief executive Christophe de Margerie was killed when a...

  • *France under pressure to fix Europe's weakest economy. The CEO is among many bosses in France who won't hire a 50th worker, in order to avoid the subsequent obligation to run and pay for an in-house works council- something Goubault says is costly, time-consuming, and "entirely useless". Goubault's frustration is shared by bosses of small and mid-sized businesses...

  • RUSSIAN PRESIDENT PUTIN SENDS CONDOLENCES OVER TOTAL'S CEO DE MARGERIE DEATH IN AIR CRASH- TASS NEWS AGENCY.

  • UPDATE 1-Strong British pound hits ASOS annual profit Tuesday, 21 Oct 2014 | 2:32 AM ET

    LONDON, Oct 21- British online fashion retailer ASOS posted a 14 percent fall in annual profit, partly due to the strength of sterling hitting sales growth overseas. During the year ASOS also had to cope with the need for major investment in its warehousing, a fire at its Barnsley, northern England, warehouse in June and the launch of its new business in China.

  • *China growth slows, but economy grew slightly more than expected. European shares might fare better at the open, with financial spreadbetters predicting Britain's FTSE 100 would open up 0.1 percent, while Germany's DAX and France's CAC 40 were each seen up 0.2 percent. It was also the weakest growth rate in nearly six years, putting at risk Beijing's official...

  • ASOS annual profit falls 14% on strong pound Tuesday, 21 Oct 2014 | 2:20 AM ET

    British online fashion retailer ASOS posted a 14 percent fall in annual profit after the strength of sterling hit sales growth.

  • TOKYO, Oct 21- Japanese stocks fell on Tuesday, with the market latching on to comments from the welfare minister on the country's public pension fund as an excuse to take profits from outsized gains the previous day. The Nikkei share index lost 2.0 percent, closing at 14,804.28 and erasing half of its 4.0 percent gains on Monday, made on bets the Government Pension...

  • BEIJING, Oct 21- China grew at its slowest pace since the global financial crisis in the September quarter and risks missing its official target for the first time in 15 years, adding to concerns the world's second-largest economy is becoming a drag on global growth. China's gross domestic product grew 7.3 percent in the third quarter from a year earlier,...

  • MOSCOW, Oct 21- The driver of a snow plough involved in a deadly plane crash that killed the chief executive of French oil major Total, Christophe de Margerie, in a Moscow airport late on Monday, was drunk, Russia's Investigative Committee said.

  • SHANGHAI/ BEIJING, Oct 21- Chinese automakers from state-owned FAW Co to Zhejiang Geely are racing to sell more eco-friendly cars as they try to meet tough fuel economy rules due next year as part of Beijing's battle against pollution. But many of China's smaller indigenous automakers will struggle to make the costly upgrades needed to meet the new rules, which...

  • RUSSIAN INVESTIGATIVE COMMITTEE SAYS SNOW-PLOUGH DRIVER IN TOTAL'S CEO DE MARGERIE AIR CRASH WAS DRUNK.

  • MOSCOW, Oct 21- Russia's central bank said on Tuesday it had conducted 8.63 billion roubles worth of forex interventions to defend the rouble on Oct 17. The central bank releases its interventions data with a time lag. The rouble has been sliding on falling oil prices and broad risk aversion towards Russia because of its role in the Ukraine crisis.

  • SINGAPORE, Oct 21- Brent edged up on Tuesday, holding above $85 a barrel as robust China oil demand supported prices, although gains were capped by oversupply and lingering fears of a weak global economy. Front-month Brent inched up 1 cent to $85.41 at 0544 GMT, remaining entrenched at below $100 since early September. U.S. crude for November delivery gained 30...

  • Oct 21- Staples Inc is investigating a possible breach of payment card data and has contacted law enforcement about the matter, making it the latest U.S. retailer to become a possible victim of a cyberattack. "Staples is in the process of investigating a potential issue involving credit card data and has contacted law enforcement," company spokesman Mark Cautela...

  • China shares slip on GDP data; Hong Kong edges lower Tuesday, 21 Oct 2014 | 1:08 AM ET

    SHANGHAI, Oct 21- China shares eased on Tuesday, with pharmaceutical and property sectors hit by profit-taking and weak economic data, but losses were limited on optimism the government will roll out more policies to help industry amid a slowing economy. "In China, the economic environment is not the only factor driving the market. Other issues, such as government...

  • *China Q3 GDP +7.3 pct y/y, slightly better than expected. The Aussie dollar, often seen as a liquid proxy of Chinese growth prospects given Australia's large trade exposure to China, rose 0.5 percent on the day to $0.8827. "The absolute China number isn't all that great and the trend has been toward a slower growth rate, so it's probably hard to openly move in the...