Wires

  • HAMBURG, Sept 30- Europe's brewers should soon enjoy an improved supply of the key beer ingredient hops, as a much larger harvest is expected in Germany, ending shortages that have plagued the industry in recent months, the head of a top global hops trading house said. After a weather-hit 2015 crop in Germany, which provides hops for much of Europe, brewers faced such...

  • Cloud computing illustration

    Cloud company Nutanix scrambled to avoid a situation that has increasingly marred tech IPOs: a price that is below the private funding round.

  • *German 10- year bond yields fall back towards 6- week lows. LONDON, Sept 30- German government bond yields dropped back towards six-week lows on Friday and were on track for their biggest monthly fall since June, giving up Thursday's oil-induced rise as concerns over the health of the country's biggest lender resurfaced. "Markets are just getting to grips with...

  • *More than 325,000 people joined, declaring more than $250 bln. JAKARTA, Sept 30- Thousands of Indonesians queued for hours on Friday to get the most attractive terms on offer under a tax amnesty that's recovered strongly after a slow start and which the finance minister calls the most successful a country has had. If the value of what I declare is big, than 1...

  • BRUSSELS/ FRANKFURT, Sept 30- Inflation in the euro zone ticked up in September, data showed on Friday, giving the European Central Bank some confidence its stimulus programme is pulling the bloc's economy away from the deflationary brink. Some rate setters, such as board member Sabine Lautenschlaeger, have been arguing for delay in a new boost to allow the...

  • A worker walks among rolls of semi-finished aluminum at the Alcoa aluminum factory

    Alcoa said its split into two publicly traded companies is expected to be effective Nov. 1, after the company's board approved the separation.

  • U.S. health officials recommended that pregnant women postpone nonessential travel to 11 Southeast Asian countries because of the risk of Zika.

  • SHANGHAI, Sept 30- China's securities regulator will scrap limits on asset allocations under the Qualified Foreign Institutional Investor programme, and its yuan-denominated variant RQFII scheme, in a bid for more long-term capital inflows, the official Shanghai Securities News said on its website on Friday. The China Securities Regulatory Commission...

  • BEIJING, Sept 30- China has given approval to at least two companies to export corn, two sources with knowledge of the matter said, in a radical move by the world's No. 2 producer to cut its ballooning surplus that could add more supply to a saturated global market. In what could be the first bulk exports in a decade, the government has issued permits to two state-owned...

  • SPARKS, Md. _ McCormick& Co. on Friday reported fiscal third-quarter earnings of $127.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *OPEC to agree production cut details at November meeting. LONDON, Sept 30- Oil prices fell on Friday on a stronger dollar and as investors cashed in on a 6- percent rise in just one day after OPEC members agreed to reduce output for the first time in eight years to stifle a two-year price slide. Global benchmark Brent crude futures were down $1.03 at $48.21 a barrel by...

  • Jesse Cohn, Elliott Management

    Elliott Management said it bought 8.1 percent stake in Mentor Graphics, calling on the company to pursue "strategic opportunities."

  • Spot gold was up 0.48 percent to $1,326.41 an ounce partly because of the weaker dollar after the U.S. A report that a number of hedge funds had withdrawn excess cash from Deutsche Bank reinforced worries about Germany's biggest lender. "If there is a rush to safety, then gold is a top contender," said Hamza Khan, head of commodities strategy, at ING.

  • BRUSSELS, Sept 30- Inflation in the euro zone ticked up in September, data showed on Friday, giving the European Central Bank some confidence its stimulus programme is pulling the bloc's economy away from the deflationary brink. Some rate setters, such as board member Sabine Lautenschlaeger, have been arguing for delay in a new boost to allow the programme to work...

  • PARIS, Sept 30- Renault said on Friday it had signed a deal to enter into a new joint venture in Iran that would allow it to strengthen its presence in the country after most trade sanctions were lifted earlier this year. Renault CEO Carlos Ghosn said there was "undeniable" potential in the Iran market. Peugeot, which is seeking to reclaim the leading position it once...

  • Dan Och

    Och-Ziff Capital Management will pay $412 million to resolve U.S. probes into the hedge fund's role in bribing officials in several African countries.

  • LONDON, Sept 30- Copper fell on Friday in line with most other base metals as concerns over the health of Germany's biggest lender, Deutsche Bank, pressured European shares and dented appetite for assets seen as higher risk. Three-month copper on the London Metal Exchange was at $4,832 a tonne at 1000 GMT, down 0.2 percent. "Today it's essentially about risk...

  • BEIJING, Sept 30- China has given approval to at least two companies to export corn, two sources with knowledge of the matter said, in a radical move by the world's No. 2 producer to cut its ballooning surplus that could add more supply to a saturated global market. The move threatens to push prices down sharply in a market that has already fallen a quarter since June.

  • PARIS— Renault has reached a deal with Iran's government to open a plant making at least 150,000 vehicles a year, as European companies race for a share of Iran's market now that international sanctions have been lifted. The plant will produce Duster and Symbol cars starting in 2018. Renault will be majority shareholder, and have its own distribution network in...

  • BERLIN, Sept 30- Chancellor Angela Merkel and U.S. President Barack Obama did not discuss U.S. authorities' demands for Deutsche Bank to pay a fine of up to $14 billion during a phone call on Thursday, a German spokeswoman said on Friday. "The conversation with Obama concerned Ukraine and Syria, and was not about other issues," the spokeswoman told a regular government...