×

Wires

  • *Move may cause troubles with Washington, other rich nations. BRUSSELS, Sept 21- The European Commission said on Thursday it may seek to implement tax reform to raise more revenue from online giants without the backing of the United States and other rich nations, in a move that could spark a new transatlantic dispute. To prevent some smaller EU economies such as...

  • BRUSSELS, Sept 21- Spain's EU partners fear a mounting crisis over Catalans' latest push for independence, and their public support for Mariano Rajoy belies some disquiet that the conservative prime minister's hardline tactics might backfire. Few foreign leaders will speak out on a domestic dispute in which government and courts in Madrid say the Catalan...

  • BRUSSELS, Sept 21- Spain's EU partners fear a mounting crisis over Catalans' latest push for independence, and their public support for Mariano Rajoy belies some disquiet that the conservative prime minister's hardline tactics might backfire. Few foreign leaders will speak out on a domestic dispute in which government and courts in Madrid say the Catalan...

  • BRUSSELS, Sept 21- Spain's EU partners fear a mounting crisis over Catalans' latest push for independence, and their public support for Mariano Rajoy belies some disquiet that the conservative prime minister's hardline tactics might backfire. Few foreign leaders will speak out on a domestic dispute in which government and courts in Madrid say the Catalan...

  • BRUSSELS, Sept 21- Spain's EU partners fear a mounting crisis over Catalans' latest push for independence, and their public support for Mariano Rajoy belies some disquiet that the conservative prime minister's hardline tactics might backfire. Few foreign leaders will speak out on a domestic dispute in which government and courts in Madrid say the Catalan...

  • SAN FRANCISCO, Sept 21- Zenefits, the software startup that has faced a number of regulatory penalties, said on Thursday it is changing its business to provide software to insurance brokers. Its first customer is Atlanta- based broker OneDigital. Chief Executive Jay Fulcher, who in February became Zenefits' third CEO in a year, said Zenefits' expertise is in...

  • LAUNCESTON, Australia, Sept 21- Iron ore prices are in retreat as the market starts to factor in realities that it has previously been happy to ignore in the euphoria of a strong rally. It's worth noting that the current slump was led by iron ore futures traded on China's Dalian Commodity Exchange, a market dominated by local investors, as opposed to the more...

  • PARIS/ SINGAPORE, Sept 21- Chicago wheat, corn and soybean futures edged lower on Thursday as strength in the dollar after a Federal Reserve policy statement encouraged prices to consolidate ahead of export data watched for signs of strong soybean demand. The Chicago Board of Trade most-active soybeans were down 0.6 percent at $9.64 a bushel by 1142 GMT, while...

  • PARIS, Sept 21- French publishers La Martiniere Groupe and Media-Participations announced talks over a merger that could create a group with combined revenues of more than 560 million euros, in the latest sign of consolidation in the industry. La Martiniere, which owns the well-known Parisian literary publishing house Le Seuil, had 2016 revenues of 206...

  • *UBS and China Construction Bank to leave benchmark. *INTL FCStone and Jane Street to join. LONDON, Sept 21- ICE Benchmark Administration, a unit of Intercontinental Exchange, will take over as operator of London's silver benchmark on Oct. 2, a week later than planned, the exchange said on Thursday.

  • *OPEC meeting in Vienna on Friday. *OPEC to discuss potential extension of production cuts. "The bull run in the oil market is running out of steam as unease builds ahead of tomorrows OPEC/ non- OPEC meeting," said Stephen Brennock, analyst at London brokerage PVM Oil Associates.

  • Special counsel Robert Mueller's team of investigators is seeking information from the White House related to Michael Flynn's stint as national security adviser and about the response to a meeting with a Russian lawyer that was attended by President Donald Trump's oldest son, The Associated Press has learned. Mueller's office has requested a large batch...

  • *Norway's central bank shortens path to rate hike. LONDON, Sept 21- The dollar rose to a two-month high against the yen on Thursday after a hawkish-sounding U.S. After some talk before the meeting that the Fed could hold off from raising rates again this year, the dollar jumped on the statement and extended those gains on Thursday to a two-month high of 112.725 yen.

  • *Saudi also making efforts to grow China market share. BEIJING/ MOSCOW, Sept 21- Chinese oil refineries are gearing up to receive more Russian oil transported through an expanded Siberian pipeline network from January, likely cementing Russia's position as China's largest oil supplier in a close race with Saudi Arabia. The planned ramp-up in pipeline supplies...

  • LONDON/ FRANKFURT, Sept 21- The ECB may consider scaling back purchases of corporate bonds more slowly than those of government debt when it starts tapering its massive stimulus scheme, partly because the bank is nearing self-imposed limits on what it can buy. The European Central Bank has signaled it is ready to pull back from its 2.3 trillion euro...

  • TOKYO, Sept 21- Toronto Dominion Bank, Canada's biggest bank by assets, is setting up a fixed-income sales desk in Tokyo, re-entering the Japanese market after six years, a spokeswoman said. "We can't afford not to be in Japan, in Tokyo," TD Securities chairman and CEO Robert Dorrance told a reception marking Thursday's opening of the Tokyo office.

  • Sept 21- U.S. stock index futures were little changed on Thursday, a day after the Federal Reserve signaled that it could raise interest rates for the third time this year despite low inflation and disclosed plans to shrink its balance sheet. *The Fed, as expected, said it would begin to reduce its approximately $4.2 trillion in holdings of U.S.

  • *OPEC meeting in Vienna on Friday. *OPEC to discuss potential extension of production cuts. OPEC and its allies have agreed to reduce output by about 1.8 million barrels per day until March 2018 in an attempt to empty inventories.

  • The new Apple TV 4 K is out Friday starting at $179, or $30 more than the regular model. Roku and Amazon have 4 K models for less than $100 and non-4K versions for even less. Both are even ahead of Apple TV in being able to stream Amazon video now; it's coming soon to Apple TV.

  • LONDON, Sept 21- Germany's election on Sunday is at once the most mundane political event of the year for markets and a defining moment that could shape Europe's future for a generation. Angela Merkel is widely expected to be re-elected chancellor and Wolfgang Schaeuble is set to remain as finance minister, retaining their posts as two of the most powerful and...