GO
Loading...

Latest Business News Wires - Business Headlines

More

  • Investors will scour economic data from China and the United States to be released on Thursday and Friday to assess the fuel demand outlook at the world's two largest oil consumers. *May Brent crude edged down 19 cents to $104.60 a barrel after falling by nearly $1 on Wednesday to close at the lowest since early November.

  • BRASILIA, April 2- Brazil raised interest rates to a two-year high on Wednesday, but signaled that it is ready to halt its aggressive monetary tightening if a surge in inflation subsides in coming weeks.

  • U.S. to let public see how Medicare pays doctors Wednesday, 2 Apr 2014 | 8:17 PM ET

    WASHINGTON, April 2- The Obama administration announced on Wednesday that it will for the first time reveal how much Medicare pays individual doctors for medical services and procedures, including MRIs and CT scans. All told, HHS officials said the data covers 6,000 different types of services and procedures that cost Medicare a total of $77 billion.

  • DIARY - Top economic Events to April 16 Wednesday, 2 Apr 2014 | 8:01 PM ET

    FRANKFURT- ECB President Mario Draghi speaks at the award ceremony of the Generation Euro Competition organized by the ECB in Frankfurt- 1400 GMT. LONDON- UK Finance minister George Osborne speaks to Treasury Committee in House of Commons, on his budget- 0900 GMT.

  • TOKYO, April 3- Asian shares nudged higher to four-month highs in early trade on Thursday as upbeat U.S. data underpinned risk appetite, leaving the safe-haven yen languishing at 10- week lows. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.1 percent to brush a new four-month high.

  • "Given the economic outlook, and given also my view that we need accommodative policy relative to historical norms, we need to have relatively low levels of interest rates for quite some time," San Francisco Federal Reserve Bank President John Williams told Reuters.

  • VANCOUVER, April 2- Canada's energy regulator said on Wednesday it would hold hearings on Kinder Morgan Energy Partners LP's proposed expansion of the Trans Mountain oil pipeline from Edmonton to Vancouver, with its review expected to wrap up in mid-2015.

  • BRASILIA, April 2- Brazil raised interest rates for the ninth straight time on Wednesday, prolonging one of the world's longest-running monetary tightening cycles after a surge in food prices stoked already high inflation in an election year.

  • SYDNEY, April 3- The euro nursed modest losses early on Thursday, having come under pressure as the market turned cautious on expectations the European Central Bank may sound dovish following its policy review later in the day.

  • ECB set to hold course in face of deflation fears Wednesday, 2 Apr 2014 | 7:05 PM ET

    *Rate decision due at 1145 GMT, news conference 1230 GMT. FRANKFURT, April 3- The European Central Bank looks set to keep interest rates steady and offer no new aid to the euro zone's fragile recovery on Thursday despite a fall in inflation to its lowest in more than four years.

  • WASHINGTON, April 2- U.S. senators on Wednesday urged the Air Force to allow more competition in the multibillion-dollar market for launching government satellites, citing rising costs and concerns about Russian-made engines that power some of the U.S. rockets.

  • WASHINGTON, April 2- A rare burst of good news on President Barack Obama's healthcare program has given Democrats their first glimmer of hope in months on an issue that has helped drag the party down ahead of November's U.S. congressional elections.

  • The American Petroleum Institute, the leading voice for the sector, has convened industry experts to develop new testing standards in a move that could help regulators, a senior Department of Transportation official said on Wednesday.

  • April 2- Network gear maker Juniper Networks Inc, which is under pressure from investor Elliott Management Corp to slim down, said it plans to reduce its global workforce by 6 percent and focus on its high-growth businesses.

  • NEW YORK, April 2- A former investment banker at Evercore Group pleaded guilty on Wednesday to criminal charges that he engaged in insider trading and used proceeds to pay a one-time mistress to support their child.

  • ST. LOUIS/ MIAMI, April 2- Two top policymakers said on Wednesday the Federal Reserve was in no rush to raise interest rates and would have to see improvements in the U.S. economy to do so.

  • Enbridge is working through a supplemental environmental review with the U.S. Department of State that will amend an initial document the company had submitted, Maki said.

  • April 2- Plug Power Inc said it bought fuel-cell stack maker ReliOn Inc for about $4 million in an all-stock deal, as the company looks to diversify its supplier base. Plug Power shares rose 4.5 percent after the bell as the deal also helps the fuel-cell maker expand into the stationary back-up fuel cell market.

  • NEW YORK, April 2- Two expansion projects on Enbridge Energy partners' Alberta Clipper pipeline will be delayed until July 2015, company president Mark Maki said in an interview with Reuters on Wednesday. Maki said Enbridge is working through a supplemental environmental review with the U.S. Department of State.

  • WASHINGTON, April 2- The U.S. Treasury Department on Wednesday gave foreign financial institutions 10 extra days to register with the U.S. government, under a new law to combat offshore tax dodging by Americans that goes into effect on July 1.