GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • A tit for tat round of sanctions between the United States and Europe and Moscow over Russia's involvement in eastern Ukraine has seen capital raising by Russian companies forced to a virtual halt. But now sanctions prohibit Western investment banks from helping Russian companies deemed to be complicit in the Kremlin's Ukraine policy to raise capital and...

  • TABLE-Investment banking fees from Russia Thursday, 13 Nov 2014 | 2:14 PM ET

    LONDON, Nov 13- Investment banking fees from Russia have collapsed for Western banks in 2014 but fees from emerging markets as a whole are up 10 percent versus full-year 2013, ThomsonReuters data shows. For an article click Following is a table on fees earned by banks from Russian debt and equity capital markets, loans and merger& acquisitions this year and in...

  • CHICAGO, Nov 13- United Parcel Service Inc expects full-year 2015 earnings per share to fall within a range of $5.45 to $5.70, the company's chief financial officer Kurt Kuehn said on Thursday. Chief Executive Officer David Abney also told investors that the Atlanta- based company will return $30 billion to shareholders over the next five years.

  • Nov 13- Google was sued this week by a worker who claimed the company did not pay overtime, improperly classified him as an independent contractor then terminated him after he asked for more hours to be covered under his contract. The case, filed in a New York federal court on Wednesday, seeks to proceed as a collective action on behalf of other Google Inc workers.

  • NEW YORK, Nov 13- Chinese e-commerce giant Alibaba will sound out investors next week in Asia, Europe and the US as it mulls its first bond ever, just two months after the company's record-breaking IPO. Alibaba, which this week logged US $9 billion of sales on a single day, will kick off a roadshow in Boston and Hong Kong on Monday for what will surely be one of the most...

  • U.S. budget deficit at $122 billion in October Thursday, 13 Nov 2014 | 2:00 PM ET

    WASHINGTON, Nov 13- The U.S. had a budget deficit of $122 billion in October, up 34 percent from the same period last year, according to data released by the Treasury Department on Thursday. Analysts polled by Reuters had expected a $111.7 billion deficit for last month. Last month's deficit was the largest for the month of October since 2011, according to a Treasury...

  • CHICAGO, Nov 13- U.S. farmland prices in the central Corn Belt states eased slightly in the July-September quarter, but stayed steady on year-ago levels as values held up despite the downturn in grain prices that accelerated with this year's record harvest, the Federal Reserve Bank of Chicago said on Thursday. "Declines from a year ago in' good' agricultural land...

  • BLACKBERRY CEO JOHN CHEN SAYS "CLASSIC" DEVICE WILL LAUNCH IN NEW YORK, FRANKFURT AND SINGAPORE ON DEC. 17.

  • WASHINGTON, Nov 13- An influential group of U.S. lawmakers, including John McCain, in line to become the head of the Senate's powerful Armed Services Committee, on Thursday pledged to thwart the Pentagon's plans to retire the U.S. fleet of A-10 "Warthog" aircraft. The Pentagon, facing mandatory "sequestration" budget cuts, has sought to eliminate all of the...

  • *Dow, S&P hit intraday record highs after Wal-Mart results. NEW YORK, Nov 13- U.S. stock prices held firm on Thursday after the Dow and Standard& Poor's 500 reached record intraday highs, while crude fell below $80 a barrel for the first time in four years on further signs of a slowdown in China's economy. Brent crude was last down $2.02 or 2.51 percent at $78.36 a barrel,...

  • NEW YORK, Nov 13- Condé Nast agreed on Thursday to pay $5.8 million to settle a class-action lawsuit brought by thousands of former interns at the publisher who said they were underpaid for work at the company's high-end magazines. The settlement agreement, filed in U.S. District Court in New York, covers around 7,500 interns at Condé Nast magazines like Vogue...

  • U.S. government warns on bug in Apple's iOS software Thursday, 13 Nov 2014 | 1:30 PM ET

    Nov 13- The U.S. government warned iPhone and iPad users on Thursday to be on the alert for hackers who may exploit a vulnerability in Apple Inc's iOS operating system that would enable them to steal sensitive data. Such attacks could be avoided if iPad and iPhone users only installed apps from Apple's App Store or from their own organizations, it said.

  • SAN FRANCISCO, Nov 13- BlackBerry Ltd unveiled its new mobile-device management and security platform on Thursday and struck wide-ranging partnerships to bolster its capabilities, sending its shares more than 6 percent higher. The new platform, the BlackBerry Enterprise Service, or BES 12, will allow corporations and government agencies to manage and make...

  • LONDON, Nov 13- Apollo Global Management is planning to bid for all GlaxoSmithKline's mature drugs, joining an auction expected to value the business at more than $3 billion, according to four people familiar with the process. GSK, Britain's biggest drugmaker, is looking to divest its mature prescription medicine products sold in North America and western...

  • Nov 13- Hachette Book Group and Amazon.com Inc said on Thursday they reached a multi-year agreement for e-book and print book sales after months of fighting that pitted authors, agents and publishers against the world's largest online retail store. Amazon, which pulled several of Hachette's books from its inventory, will immediately resume selling all of...

  • Nov 13- Chimerix Inc said its experimental broad-spectrum antiviral was one of two agents to be tested in a trial in confirmed Ebola patients in West Africa. Chimerix and the University of Oxford are in process of finalizing an agreement to supply the drug, brincidofovir, for the study. The study will be led by the university on behalf of the International Severe...

  • *Ericsson sees slightly slower growth in main markets. STOCKHOLM, Nov 13- Telecom equipment and services group Ericsson plans to cut 9 billion Swedish crowns of costs a year, including reducing staff, to help it cope with weaker growth prospects for its markets, it said on Thursday. While its North American market is slowing with operators such as Verizon and AT&T...

  • MEXICO CITY, Nov 13- Mexico's Energy Minister Pedro Joaquin Coldwell and Saudi Arabian Oil Minister Ali al-Naimi have held talks in which both agreed that all efforts should be made to stabilize international oil markets, Mexico's government said on Thursday. Mexico's energy ministry issued a brief statement summing up the participation of the officials at...

  • BOSTON, Nov 13- Hedge fund Marcato Capital Management has bought a 1.6 percent stake in the Bank of New York Mellon, becoming the second prominent activist investor in recent months to disclose a position in the world's largest custody bank, according to a regulatory filing. San Francisco- based Marcato's stake is valued at $688 million, making it the biggest...

  • MEXICO CITY, Nov 13- Mexico's Energy Minister Pedro Joaquin Coldwell and Saudi Arabian Oil Minister Ali al-Naimi have held talks in which both agreed that all efforts should be made to stabilize international oil markets, Mexico's government said on Thursday.