Latest Business News Wires - Business Headlines


  • NEW YORK, July 2- Goldman Sachs Group Inc on Wednesday said Google Inc has blocked access to an email containing confidential client data that a contractor sent to a stranger's Gmail account by mistake, an error that the bank said threatened a "needless and massive" breach of privacy.

  • SINGAPORE, July 3- Gold was little changed below a three-month high on Thursday as investors awaited a string of key data releases later in the day to gauge the strength of the global economy and the fate of stimulus measures by central banks. *Spot gold was flat at $1,326.10 an ounce by 0033 GMT, not too far from a 3- month high of $1,332.10 hit earlier in the week.

  • OTTAWA, July 2- Australia, this year's G20 chair, sees little consensus among the Group of 20 leading economies to take major new steps on climate change, senior official Heather Scott said on Wednesday.

  • TOKYO, July 3- Asian stocks hovered at a three-year high and the dollar rose early on Thursday after robust jobs data fuelled hopes that the U.S. nonfarm payrolls report would point to momentum building in the economy.

  • DIARY - Top Economic Events to July 15 Wednesday, 2 Jul 2014 | 8:01 PM ET

    FRANKFURT- ECB Governing Council meeting, followed by interest rate announcement and a news conference- 1145 GMT. STOCKHOLM- Swedish Central Bank announces interest rate decision. HOBART, Australia- RBA Governor Glenn Stevens addresses the Australian Conference of Economists and the Econometric Society Australasian Meeting in Hobart- 0100 GMT.

  • SYDNEY, July 3- The U.S. dollar clung onto modest gains early on Thursday, having risen broadly on the back of a report that showed solid hiring in the U.S. private sector. The euro dipped to $1.3657, from Tuesday's six-week high of $1.3724.

  • TRIPOLI, July 2- Libya's acting Prime Minister Abdullah al-Thinni said the government had reached a deal with a rebel leader controlling oil ports to hand over the last two terminals and end a blockade that crippled the OPEC nation's petroleum industry.

  • NEW YORK, July 2- Jamie Dimon, chairman and chief executive of JPMorgan Chase& Co, plans to be out of the office for at least half of his planned two-month course of radiation treatment and chemotherapy for throat cancer, a spokesman said on Wednesday.

  • Mexican Congress eyes quick telecoms laws approval Wednesday, 2 Jul 2014 | 6:58 PM ET

    MEXICO CITY, July 2- Mexico's Senate on Friday aims to pass long-delayed legislation setting out the fine print of a major reform of the phone and TV markets that seeks to curb the power of multibillionaire Carlos Slim and broadcaster Televisa.

  • WASHINGTON, July 2- An official at the U.S. Securities and Exchange Commission broke ranks with other commissioners and voted against granting BNP Paribas a waiver to continue operating several investment advisory units in the United States.

  • NEW YORK, July 2- Bank of New York Mellon, fearful of being sued by Argentine bondholders and unwilling to defy a court order blocking their coupon payments, will seek guidance from U.S.

  • One week after U.S. authorities confirmed a ruling easing a 40- year ban on shipping lightly processed oil abroad, Enterprise Product Partners has sold its first cargo to a Japanese trading house and was seeking more buyers in Latin America, according to trading sources.

  • July 2- Russia's Rosneft has submitted details of a deal to buy an oil trading unit of Morgan Stanley to a confidential U.S. committee that evaluates national security risks, the Wall Street Journal reported, citing a source familiar with the matter.

  • Paramount has an estimated enterprise value of between $10 billion and $15 billion, including debt, the people said this week. Representatives for Paramount did not immediately return requests for comment.

  • July 2- North Korea has handed Japan names of at least 10 Japanese nationals who are said to be living in that country, including those believed to have been abducted by Pyongyang agents, the Nikkei reported.

  • BERLIN, July 3- Germany's lower house of parliament is set to approve a controversial nationwide minimum wage on Thursday despite last-minute disputes over whether the Social Democrats' flagship labour market project goes too far or not far enough.

  • U.S. EPA approves new fuels for federal biofuel mandate Wednesday, 2 Jul 2014 | 5:58 PM ET

    The EPA finalized a plan allowing compressed natural gas and liquefied natural gas produced using biogas from landfills, manure digesters and sewage treatment plants to qualify as cellulosic biofuel, fuel typically derived from sources like grasses and wood.

  • July 2- Drug developer Bind Therapeutics said it ended a partnership with Amgen Inc to develop targeted cancer therapy due to unsatisfactory results.

  • UPDATE 1-Fiber network company Zayo Group files for IPO Wednesday, 2 Jul 2014 | 5:44 PM ET

    July 2- Fiber network company Zayo Group Holdings Inc filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering. The Boulder, Colorado- based company listed Morgan Stanley, Barclays and Goldman Sachs as lead underwriters for the IPO.

  • Fiber network co Zayo Group files for IPO Wednesday, 2 Jul 2014 | 5:09 PM ET

    The Boulder, Colorado- based company listed Morgan Stanley, Barclays and Goldman Sachs as lead underwriters of the IPO.