Business News Headlines

Fri, Sep 4 2015

Eyes on China data, rate meetings

Photo

LONDON - China's battered stock markets reopen on Monday after a two-day public holiday and before a monthly data dump that could reinforce fears of a hard landing, rattling the global economy.

G20 04 Sep 2015

G20 promises transparency on rate moves as global economy disappoints

Photo

ANKARA - World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected U.S. rate rise a risk to growth, a draft communique showed on Friday. | Video

G20 04 Sep 2015

Oil falls with Wall Street but U.S. crude posts another weekly gain

Photo

NEW YORK - Crude futures fell about 2 percent on Friday as traders shrugged off a drop in the number of U.S. rigs drilling for oil and focussed instead on a supply glut and declining stock prices on Wall Street.

FXpert, 12:02am BST

FTSE falls, U.S. jobs data suggests Sept rate hike possible

Photo

LONDON - Britain's top share index fell sharply on Friday, following the release of U.S. jobs data that suggested to some that a Federal Reserve interest rate hike in September is still a possibility.

FXpert 04 Sep 2015

IMF exec says increasing likelihood of interim quota deal

Photo

LONDON - There is an increasing likelihood that the International Monetary Fund (IMF) will do an interim deal on changes to its quota system, one of its top executives said on Friday.

IMF 04 Sep 2015

U.S. labour market shows some muscle despite slower job growth

Photo

WASHINGTON - U.S. job growth slowed in August, but the unemployment rate dropped to a near 7-1/2-year low and wages accelerated, keeping alive prospects of a Federal Reserve interest rate hike later this month. | Video

04 Sep 2015

Gazprom seals big gas deals in Europe despite Ukraine crisis

Photo

FRANKFURT/MILAN - Russia's Gazprom has bolstered its industrial presence in the heart of Europe with two major gas deals that were announced on Friday despite ongoing tensions with Moscow over the conflict in eastern Ukraine.

04 Sep 2015

China tells G20 it's committed to structural reforms, growth - Moscovici

Photo

ANKARA - China told the world's financial leaders on Friday it was committed to continuing structural reforms and to supporting economic growth, Europe's Economic Commissioner Pierre Moscovici told reporters after the meeting.

G20 04 Sep 2015

GVC trumps 888 to clinch deal for Bwin

Photo

LONDON - UK-listed Bwin.party ditched an agreed deal with 888 on Friday in favour of a higher 1.1 billion-pound ($1.7 billion) offer from GVC Holdings, creating a sports betting heavyweight in a sector being reshaped by consolidation.

04 Sep 2015

Japanese banks among bidders for GE's local finance unit - sources

Photo

- Japanese banks are among bidders for General Electric Co's local commercial lending and leasing operation, sources told Reuters on Friday.

Japan 04 Sep 2015