GO
Loading...

Latest Business News Wires - Business Headlines

More

  • *August data fans hard landing fears, fresh stimulus expected. BEIJING, Sept 13- China's factory output grew at the lowest pace in nearly six years in August while growth in other key sectors also cooled, raising fears the world's second-largest economy may be at risk of a sharp slowdown unless Beijing takes fresh stimulus measures.

  • BEIJING, Sept 13- China's factory output grew at the lowest pace in nearly six years in August while growth in retail sales and investment also cooled, adding to signs of fragility in the economy that may prod Beijing into fresh policy measures to prevent a sharper slowdown.

  • BEIJING, Sept 13- China's industrial output rose 6.9 percent in August from a year earlier, well below market expectations, the National Bureau of Statistics said on Saturday. Fixed-asset investment, an important driver of economic activity, grew 16.5 percent in the first eight months from the same period last year, also lower than forecast, it said.

  • BOSTON, Sept 12- Hackers accessed dozens of servers at JPMorgan Chase& Co in a cyberattack launched in June, though no money was taken, the New York Times reported on Friday, citing people familiar with the investigation into the case.

  • DIARY -Top Economic Events to Sept 25 Friday, 12 Sep 2014 | 8:01 PM ET

    MILAN- EU finance ministers and central bankers meet in Milan. ECB President Mario Draghi, Vice President Vitor Constancio and ECB Supervisory Board Chair Daniele Nouy to attend. PARIS- Chinese Vice Premier Ma Kai to chair the second China-France High-Level Economic and Financial dialogue in France with French Finance Minister Michel Sapin.

  • Islamic State's Twitter silence raises questions Friday, 12 Sep 2014 | 7:59 PM ET

    SAN FRANCISCO/ WASHINGTON, Sept 12- Islamic State's Twitter users, which have trumpeted the group's violent acts and worldview on the social media service, have gone abruptly quiet in past days.

  • LOS ANGELES, Sept 12- The next generation version of Gilead Sciences Inc's $84,000 hepatitis C drug, already under fire for its record-breaking costs, is going to be even more expensive.

  • RadioShack mulls financing from banks: Report Friday, 12 Sep 2014 | 6:40 PM ET

    RadioShack is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP it tries to avert bankruptcy.

  • OTTAWA, Sept 12- Canada has finally ratified a foreign investment protection agreement with China after a two-year delay in a step that may help ease tensions between the two countries and smooth the way for a possible visit to China by Prime Minister Stephen Harper.

  • NEW YORK, Sept 12- Puerto Rico will aim to sell $900 million in tax and revenue anticipation notes in the next 30 days to meet near-term cash needs, a source familiar with the matter said on Friday.

  • Greek businessman and ship owner Victor Restis last year sued UANI for defamation after the New York- based group, whose advisors include former intelligence officials from the United States, Europe and Israel, accused him of violating sanctions on Iran by exporting oil from the country.

  • WASHINGTON, Sept 12- The United States is planning to push Europe towards new and more aggressive efforts to boost demand and economic growth given a renewed risk of deflation in the euro zone, a senior Treasury official said on Friday.

  • Syncora, which pegs its claim at about $400 million, worked out a three-part deal involving city-owned land and contracts.

  • NEW YORK, Sept 12- The recent wobbly stretch in both stocks and bonds may persist for the short term if the U.S. "If investors feel the Fed is becoming more hawkish, that's actually a negative for all asset classes with the exception of the dollar," said Chris Gaffney, senior market strategist at EverBank Wealth Management in St. Louis, Missouri.

  • Sept 12- RadioShack Corp is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP as the U.S. electronics retailer tries to avert bankruptcy, the Wall Street Journal reported, citing people familiar with the matter.

  • Premium pet food company Freshpet files for IPO Friday, 12 Sep 2014 | 5:48 PM ET

    Goldman Sachs and Credit Suisse are the lead underwriters for the IPO, the New Jersey- based company said in a filing with the U.S. Securities and Exchange Commission on Friday. Freshpet's filing listed private equity firm MidOcean Partners LP and Tyson Foods Inc, the largest U.S. meat processor, as investors.

  • Sept 12- Customers may have to wait three to four weeks to get their hands on Apple Inc's iPhone 6 Plus, after a record number of orders for the company's latest smartphones strained available supply. While the larger 5.5- inch "Plus" models now display a wait time of up to a month, the 4.7- inch version remains available for delivery on Sept. 19, Apple's website showed.

  • NEW YORK, Sept 12- The U.S. Justice Department asked a judge to dismiss a private lawsuit on the grounds that proceedings could reveal state secrets and "cause harm to national security," government lawyers said in a court filing on Friday.

  • SAO PAULO, Sept 12- Brazil's central bank will extend its currency intervention program into 2015 and may increase the rollover pace of expiring currency swaps to curb volatility in the real, a person on President Dilma Rousseff's economic team said on Friday.

  • *Fed may raise short-term rates in first quarter- BlackRock. NEW YORK, Sept 12- Traders piled into U.S. short-term interest rates options on Friday, adopting a bearish posture on the view the Federal Reserve will signal next week that interest rates will be notably higher by the end of next year.