GO
Loading...

Latest Business News Wires - Business Headlines

More

  • UPDATE 1-Uber plans tighter screening for drivers Wednesday, 17 Dec 2014 | 8:39 PM ET

    Dec 18- Online taxi service Uber Technologies Inc, which had a driver was accused of rape in New Delhi, said it was exploring adding new methods to verify drivers' credentials and make its service safer. In the United States, Uber's background-verification process includes checks of court records going back seven years; a multi-state criminal database; and the...

  • China November home prices fall 3.7 pct yr/yr Wednesday, 17 Dec 2014 | 8:37 PM ET

    BEIJING, Dec 18- Average new home prices in China's 70 major cities fell 3.7 percent in November from a year earlier, the third consecutive month showing an annual fall, according to Reuters calculations from official data published on Thursday. Economists believe the cooling housing market poses the biggest risk to the world's second-largest economy, even as...

  • METALS-Shanghai copper climbs on China economy hopes Wednesday, 17 Dec 2014 | 8:31 PM ET

    SYDNEY, Dec 17- Shanghai copper inched up in early trade on Thursday on signs of economic stabilisation in China. *The most-traded copper contract on the Shanghai Futures Exchange had climbed 0.38 percent to percent to 45,440 yuan a tonne by 0105 GMT. *China's economy showed mild signs of stabilisation in the fourth quarter, but corporates remained cautious on...

  • BOSTON, Dec 17- The U.S. Federal Bureau of Investigation released a warning on Tuesday, advising theaters and other businesses associated with Sony Corp's Hollywood studio's film "The Interview" that they could be targeted in cyberattacks. The private document, which was obtained by Reuters, said that "anyone associated with the production, distribution and...

  • WASHINGTON, Dec 17- Republican Senator Mike Enzi said on Wednesday he will take over as chairman of the Senate Budget Committee next year after the panel's current top Republican, Jeff Sessions, agreed to step aside. The two senators had contested the chairmanship of the committee that will provide a key blueprint for Republican policy priorities as the party...

  • FBI RELEASED WARNING ON TUESDAY THAT THEATERS, OTHER BUSINESSES ASSOCIATED WITH' THE INTERVIEW' COULD BE TARGETED IN CYBERATTACKS.

  • SEOUL, Dec 18- Shares in Cheil Industries Inc, the de facto holding company of Samsung Group, doubled on its debut on Thursday in the latest in a series of steps toward generational succession for South Korea's largest conglomerate. Cheil is about 42 percent owned by Samsung Electronics Co Ltd Chairman Lee Kun- hee and his three children, and is expected to be the...

  • Hillary Clinton backs Obama move on Cuba Wednesday, 17 Dec 2014 | 8:19 PM ET

    Secretary of State and potential presidential contender Hillary Clinton said on Wednesday she supported President Barack Obama's move to establish diplomatic ties with Cuba after more than 50 years of hostile relations. She added: "I support President Obama' s decision to change course on Cuba policy, while keeping the focus on our principal objective-...

  • UPDATE 2-Obama has power to further weaken Cuba sanctions Wednesday, 17 Dec 2014 | 8:15 PM ET

    With Republicans due to take control of both the U.S. House of Representatives and the Senate in January, the chance of lawmakers scrapping all sanctions on Cuba soon is almost zero. The sanctions on Cuba are tighter than those against other U.S. adversaries such as Iran and Russia although America sends food and medicine to Cuba. A president can loosen trade bans...

  • SYDNEY, Dec 18- Australia's New South Wales state said it plans to raise $16 billion by selling just under half its electricity network, using proceeds from one of the country's biggest privatisations for major rail, road and other infrastructure upgrades. The so-called "poles and wires" deal has been seen as attractive to large offshore investors like State...

  • *Wall St racks up biggest daily gain this year. SYDNEY, Dec 18- Asian share markets rallied on Thursday after U.S. stocks enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus. In Asia, Japan's Nikkei jumped 2.4 percent, while stocks in Australia climbed 1.8 percent...

  • Dec 17- Oracle Corp reported a 3.5 percent increase in quarterly revenue on Wednesday, beating Wall Street's expectations, as sales at its closely watched cloud services business rose 45 percent. Investors have been carefully watching how Oracle beefs up its cloud divisions, which deliver software over the Internet. "Oracle has been going through a transition...

  • TOKYO, Dec 18- The dollar took the upper hand on Thursday after the Federal Reserve signalled it was on track to raise interest rates next year, altering a pledge to keep them near zero for a "considerable time" in a show of confidence in the U.S. economy. The dollar index rose to 89.109, flat in Asia but having risen 1.0 percent on Wednesday and coming within a striking...

  • SINGAPORE, Dec 18- Gold hovered near its weakest level in more than two weeks on Thursday after the Federal Reserve signaled it was on track to increase interest rates next year as the U.S. economy strengthens. *Spot gold was up 0.1 percent at $1,189.86 an ounce by 0023 GMT, not far above Wednesday's trough of $1,183.73 which was its lowest point since Dec. 1.

  • NYMEX-Crude steady above $56/bbl after 1 pct gain Wednesday, 17 Dec 2014 | 7:34 PM ET

    TOKYO, Dec 18- U.S. crude futures were little changed above $56 a barrel on Thursday following volatile trading the previous day due to bearish U.S. oil data, Russia's rouble crisis and a U.S. decision to resume diplomatic ties with Cuba after 50 years. *NYMEX crude for January delivery, which expires after Friday's settlement, was up 1 cent at $56.48 a barrel by 0006...

  • LOS ANGELES, Dec 17- Sony Pictures on Wednesday pulled the theatrical release of its North Korea comedy "The Interview," hours before a U.S. government source said investigators determined that North Korea was behind a cyberattack on Sony over the film. Hackers attacked Sony Corp last month, leaking documents that drew global headlines, and now have forced a...

  • WASHINGTON, Dec 17- U.S. investigators have determined that North Korea was behind a cyber attack on Sony Corp's computers, U.S. government sources said on Wednesday. One of the sources described the attack as "state-sponsored" and several sources said that North Korea was the government involved. Sony Pictures earlier on Wednesday canceled the Dec. 25...

  • MAY ANNOUNCE IN NEAR FUTURE THAT NORTH KOREA GOVERNMENT IDENTIFIED AS SOURCE OF HACK ON SONY- U.S.

  • NEW YORK, Dec 17- The S&P 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the U.S. economy and said it would take a patient approach toward raising interest rates. The Fed said it would take a "patient" approach in deciding when to bump borrowing costs higher, which Fed Chair Janet Yellen, at a news conference,...

  • INVESTIGATORS DETERMINE THAT NORTH KOREAN GOVERNMENT RESPONSIBLE FOR HACK ON SONY- U.S.