The MSCI world equity index, which tracks shares in 45 countries, was down 0.2 percent after hitting its lowest level since mid-August earlier in the session. In Europe, the benchmark FTSEurofirst 300 was down 0.4 percent.» Read More
The California Department of Motor Vehicles has opened an investigation into a possible security breach of its credit card processing services, a spokesman for the agency said.
LOS ANGELES, March 22- The California Department of Motor Vehicles has opened an investigation into a possible security breach of its credit card processing services, a spokesman for the agency said. Representatives from MasterCard Inc and Visa Inc could not immediately be reached for comment.
March 22- The California Department of Motor Vehicles has opened an investigation into a possible security breach of its credit card processing services, a spokesman for the agency said.
WASHINGTON, March 22- The U.S. National Security Agency has infiltrated servers in the headquarters of Chinese telecommunications and internet giant Huawei Technologies Co, obtaining sensitive information and monitoring the communications of top executives, the New York Times reported on Saturday.
*EU trade chief says Russia must pay a price for its actions. BRUSSELS, March 22- Russia's annexation of Crimea underlines the need for the United States and the European Union to deepen their economic ties via an ambitious trade deal that would also allow Europe to import U.S. gas, Washington's top trade official said on Saturday.
NEW ORLEANS, March 22- The number of American adults who enjoy a daily cup of coffee has dropped to 61 percent this year, from 63 percent in 2013, the annual National Coffee Association of USA's National Coffee Drinking Trends study showed on Saturday.
WASHINGTON, March 22- Federal authorities are investigating whether General Motors hid an ignition switch defect when it filed for bankruptcy in 2009, The New York Times reported on Saturday. The automaker cannot comment specifically on the Justice Department investigation, spokesman Greg Martin said in an email on Saturday.
The Federal Reserve was not trying to signal a more restrictive policy stance when earlier this week it dropped a set of guideposts, a top Fed official said.
WASHINGTON, March 22- Federal authorities are investigating whether General Motors hid an ignition switch defect when it filed for bankruptcy in 2009, The New York Times reported on Saturday.
WASHINGTON, March 22- The Federal Reserve was not trying to signal a more restrictive policy stance when earlier this week it dropped a set of guideposts it had used to help the public anticipate when it will finally start raising rates, a top Fed official said.
LONDON, March 22- Private equity firm Clayton Dubilier& Rice LLC is the frontrunner among four bidders for Germany- based, but Dubai- owned, packaging group Mauser, Britain's Sky News reported on its website on Saturday, without citing its sources.
ZURICH, March 22- Results of two late-stage clinical trials showed high efficacy for Novartis' drug secukinumab when used by patients suffering from moderate-to-severe plaque psoriasis, the Swiss drugmaker said on Saturday.
TORONTO, March 21- Canadian National Railway Co said on Friday that it was prepared to meet one last time with the union representing its conductors, yard workers, and traffic coordinators, if the union agreed to a binding arbitration should talks fail.
*Ambitious projects underway in Europe, United States. KUALA LUMPUR, March 21- The ease with which a big jetliner melted into the ether after vanishing from Malaysian radar illustrates an uncomfortable paradox about modern aviation: state-of-the-art airplanes rely on ageing ground infrastructure to tell them where to go.
March 21- General Motors Co and its Chief Executive Mary Barra are being sued by an investor for failing to adequately address known defects in its cars that led to the recall of over 3.1 million vehicles, according to court documents.
WASHINGTON, March 21- Two top Federal Reserve policymakers staked out diametrically opposite views on Friday about whether the U.S. central bank should be willing to risk higher unemployment in order to head off a potential financial crisis. One Fed Board member, Jeremy Stein, said that it should.
SEOUL, March 22- North Korea fired 30 short-range rockets into the sea off the east of the Korean peninsula early on Saturday, South Korea's Yonhap news agency reported, citing the Joint Chiefs of Staff in South Korea.
Internet companies, including Facebook Inc and Google Inc, met with President Barack Obama on Friday to discuss their concerns over government surveillance programs. Executives were seen entering the White House around 4 p.m. EDT and leaving more than two hours later.
SAO PAULO, March 21- Brazil's state-run oil firm Petroleo Brasileiro SA said the board of its distribution subsidiary had approved the dismissal of its Chief Financial Officer Nestor Cervero on Friday, according to a securities filing.
SAN FRANCISCO, March 21- Turkey's abrupt ban on Twitter Inc stirred concerns on Friday that the country may pull the plug on other social media and Internet services as it grapples with internal turmoil. Some people within Google feared an imminent blackout in the wake of Twitter's ban, the Journal cited the people as saying.