WASHINGTON, Aug 23- President Barack Obama on Saturday urged business owners to press Congress to reauthorize the U.S. Export-Import Bank, which could halt any new financing Sept. 30- as some conservative Republicans hope it will- if lawmakers fail to act.» Read More
BOGOTA, May 21- Colombia's oil and mining industries, hit by lower output and growing resistance to some key projects, are pleading for help from the next government to streamline slow and erratic regulations.
DETROIT, May 21- General Motors Co is recalling more than 218,000 older-generation Chevrolet small cars in the United States and its territories due to a potential fire hazard, adding to a record recall total for the year by the largest U.S. automaker.
May 21- Fast-food workers from three dozen U.S. cities on Wednesday will protest at the headquarters of McDonald's Corp, calling for a significant wage hike, as company shareholders also prepare to weigh in on the pay of the fast-food giant's top executives.
FRANKFURT, May 21- Hedge fund Magnetar Capital is suing U.S. drugs wholesaler McKesson, saying its acquisition of German peer Celesio short-changed minority shareholders and bondholders by around 370 million euros.
May 21- U.S. airlines should disclose fees for checked baggage and other basic services to make it easier for travelers to discern the true cost of a ticket, the U.S. Transportation Department said on Wednesday. The agency proposed rules requiring U.S. carriers to specify the costs for those extra charges at all points of sale, including online purchases.
May 21- E-commerce company eBay Inc said client identity information including emails, addresses and birthdays was stolen in a hacking attack between late February and early March. EBay urged users to change their passwords after the attack on a database that also contained encrypted passwords, physical addresses and phone numbers.
*China- Russia gas deal signed during Putin visit. SHANGHAI, May 21- China and Russia signed a $400- billion gas supply deal on Wednesday, securing the world's top energy user a major source of cleaner fuel and opening up a new market for Moscow as it risks losing European customers over the Ukraine crisis.
May 21- Asset manager Eaton Vance Corp's quarterly profit rose nearly 18 percent as it earned higher fees from its investment advisory and administrative services, sending its shares up more than 4 percent in early trading. Excluding items, Boston- based Eaton Vance earned 59 cents per share.
*Britain likely to take more modest approach than Canada, NZ. LONDON, May 21- The Bank of England wants to avoid resorting to higher interest rates to cool Britain's housing market, but the pace at which prices are climbing and the experience of other countries suggest it might not manage to delay for very long.
NEW YORK, May 21- U.S. stocks opened modestly higher on Wednesday, with the S&P 500 on track to rebound from a broad selloff in the prior session, ahead of the release of minutes from the most recent meeting of the U.S.
*Atlas Mara to raise $400 mln to pursue acquisitions. *Barclays targets Africa potential as it scales back investment bank. This was just five days after Barclays, the British bank where Diamond was chief executive before he was ousted in 2012, announced the dismantling of the investment bank he built up and pinpointed Africa as one of its two main growth engines.
May 21- Target Corp reported a 16 percent drop in first-quarter profit but showed signs of progress in its efforts to rebuild customer confidence in the wake of a massive theft of payment card data and a botched expansion into Canada.
May 21- E-commerce company eBay Inc said a database was compromised in a hacking attack between late February and early March, and clients' non-financial information was stolen. EBay said the compromised database contained customer names, encrypted passwords, email addresses, birth dates, physical addresses and phone numbers.
May 21- Asset manager Eaton Vance Corp's quarterly profit rose nearly 18 percent, as it earned higher fees from its investment advisory and administrative services. Net income attributable to the company's shareholders rose to $74.9 million, or 59 cents per share, in the second quarter ended April 30, from $63.7 million, or 50 cents per share, a year earlier.
MUMBAI, May 21- With Amazon.com Inc ramping up its presence in India, two local online retailers are preparing for tougher competition with separate deals worth a combined $400 million set to be finalised this week.
LONDON, May 21- High global stock levels of nickel, while worrying some investors, are unlikely to end a rally that started in January, because some is not available and the rest is not enough to replace lost supplies from Indonesia.
*To launch in France, Germany, Austria, Belgium, Luxembourg and Switzerland. LOS ANGELES/ BRUSSELS, May 21- Netflix Inc will launch its online movie and TV subscription service in six more European countries including France and Germany this year, a test of its global expansion strategy as it faces a patchwork of local rules and competitors.
*A.P. Moller-Maersk shares rise after results. *BNP Paribas falls on U.S. probe concerns. LONDON, May 21- European shares edged ahead on Wednesday, with Danish shipping and oil group A.P. Moller-Maersk a major gainer after it reported first-quarter net profit above forecasts and raised its outlook for the underlying result in 2014..
NEW YORK, May 21- Wall Street was set for a modestly higher open on Wednesday, with the S&P 500 on track to rebound from a broad selloff in the prior session ahead of the release of minutes from the most recent meeting of the U.S.