GO
Loading...

Latest Business News Wires - Business Headlines

More

  • UPDATE 6-U.S. oil edges higher on solid jobs report Friday, 6 Jun 2014 | 11:15 AM ET

    *Price gains curbed by easing Ukraine tension, ample supply. NEW YORK, June 6- U.S. crude oil futures rose on Friday as a solid jobs report in the United States, the world's largest oil consumer, bode well for future oil demand.

  • NEW YORK, June 6- The U.S. Securities and Exchange Commission said on Friday it was suing the New York- based dark pool operator Liquidnet Inc for failing to safeguard confidential trading information. The SEC said Liquidnet would pay $2 million to settle the case, without admitting or denying any of its findings.

  • June 6- Shares of WL Ross Holding Corp, a special purpose acquisition company set up by billionaire Wilbur Ross, rose slightly in their market debut. The company said earlier on Friday that it raised $435 million after selling 43.5 million units for $10 per unit. Deutsche Bank Securities and BofA Merrill Lynch were the lead underwriters for the offering.

  • LONDON, June 6- A prized collection of French paintings and furniture at a London museum provided a fitting backdrop this week for a dinner attended by 40 big bank bosses, where the conversation buzz was the huge fine potentially facing France's biggest bank.

  • *Not changing business plan as result of Ukraine. MOSCOW, June 6- Russia's biggest lender Sberbank plans to keep its dividends at no less than 20 percent of net profit for the next five years after forecasting 2014 profit on par with last year's earnings despite a worsening economy and the Ukraine crisis.

  • INVESTMENT FOCUS -Exploiting the ECB-Fed policy gap Friday, 6 Jun 2014 | 10:19 AM ET

    LONDON, June 6- If it wasn't fully apparent before Thursday, it's crystal clear now: the central banks of the euro zone and United States, the two most powerful monetary authorities in the world, are moving in opposite directions.

  • *FTSEurofirst 300 up 0.5 pct, Euro STOXX 50 up 0.9 pct. PARIS, June 6- European shares extended gains triggered by new European Central Bank measures to boost the region's recovery into a second day on Friday, with a euro zone blue-chip index touching a six-year high.

  • FRANKFURT, June 6- European Central Bank chief Mario Draghi has whetted markets' appetite for more ECB policy action but investors will have to wait some time before he uses the only real option he has left- a major asset-buying plan.

  • *Hertz Global falls, to restate financial results. NEW YORK, June 6- U.S. stocks rose on Friday, with major indexes extending a rally that has taken them to repeated records, after the May payrolls report provided the latest confirmation that economic conditions were improving.

  • *Gold gives up some of near-1 percent rally driven by ECB. LONDON, June 6- Gold prices fell on Friday as the dollar index swung back into positive territory, after a closely watched U.S. employment report came in almost exactly in line with expectations, showing a solid pace of hiring in May.

  • *Interim CEO to be named on June 13. SANTIAGO, June 6- Chilean state-run copper miner Codelco said it was removing Chief Executive Officer Thomas Keller to seek new leadership at a pivotal time for the company, but opponents said the decision was politically motivated.

  • MOSCOW, June 6- President Vladimir Putin's idea of a massive boost to Gazprom's share capital has taken bankers and the energy industry by surprise, with some fearing it could further strain Russia's sanctions-hit economy and undermine the rouble.

  • *Price gains limited by easing Ukraine tension, ample supply. LONDON, June 6- Brent crude oil steadied near $109 a barrel on Friday, buoyed by optimism that monetary stimulus in the euro zone will lift economic growth and demand for fuel. "Extra liquidity could mean more money for oil," Carsten Fritsch of Commerzbank said.

  • ECB WILL TAKE SUPPLEMENTARY MEASURES IF SITUATION DOES NOT IMPROVE-ECB'S COENE.

  • ECB'S COENE SAYS NEED TO WAIT UNTIL END OF YEAR TO SEE IMPACT OF LATEST MEASURES.

  • NEW YORK, June 6- Investors trimmed U.S. dollar holdings on Friday after a solid May U.S. jobs report nearly matched consensus and left little chance the U.S.

  • LONDON, June 6- The ECB will probably not know until the end of the year, after banks have had the chance to get their hands on its cheap loans, whether its actions on Thursday have been effective, its vice-president said on Friday.

  • NEW YORK, June 6- U.S. stocks opened higher on Friday, with the S&P 500 and Dow industrials extending records further after the latest U.S. payrolls report provided confirmation that economic conditions were improving.

  • Hertz had been scheduled to report results on May 7 but delayed the announcement, saying more work was required. Hertz's accountant is PricewaterhouseCoopers LLP. Hertz shares were down 10.6 percent at $27.25 in early trading on the New York Stock Exchange.

  • LONDON, June 6- Global equity markets rose and bond yields fell on Friday after a solid U.S. jobs report showed a recovering economy and added to an already buoyant market lifted by the European Central Bank's pledge to douse potential deflation with bundles of cash.