Latest Financial Wire News Headlines
The European Central Bank kept its ultra-easy policy stance unchanged on Thursday, promising to hold rates low for an extended period and even maintaining a pledge to provide more stimulus if needed. Full story
Atos will press ahead with its bid for chipmaker Gemalto, despite a rejection of the French technology company's 4.3 billion euro ($5 billion) offer, raising the prospect of a hostile takeover battle. Full story
From Essex binmen to Liverpool councillors, government pension schemes in England and Wales are investing more in hedge funds whose bets, sometimes dictated by algorithms, have included exotic holdings such as Puerto Rican debt. Full story
Oil prices fell on Thursday after the International Energy Agency (IEA) increased its forecast for U.S. oil output growth in 2018, raising the prospect of excess supply. Full story
Poland's Bank Zachodni WBK agreed on Thursday to buy local assets from Deutsche Bank for 1.29 billion zlotys ($362 million) to close the gap on the country's No.2 lender Bank Pekao. Full story
Britain's nuclear regulator has approved Hitachi-GE's reactor design, paving the way for it to be used in Horizon's planned new nuclear project in Britain. Full story
Austria's transport ministry is holding "very good" discussions with the finance minister on providing a bridge loan to Air Berlin unit Niki, which has filed for insolvency protection, the transport minister said on Thursday. Full story
Warsaw stocks were driven higher by bank shares on Thursday after Poland's third-largest lender, Bank Zachodni WBK, signed a deal to buy Deutsche Bank's Polish assets. The 1.29 billion zloty ($362 million) deal fits into a consolidation of the bank sector in Central Europe's biggest economy, mar Full story
An investor coalition that presses for corporate responsibility is calling on U.S. food companies McDonald's Corp, Denny's Corp and Sanderson Farms Inc to stop buying or producing meat raised with medically important antibiotics. Full story
Deliveries of crude oil through the Forties pipeline in the North Sea are under force majeure for the first time in decades and operator INEOS said on Thursday there was no timeline yet for repair work that could last several weeks. Full story
Russian President Vladimir Putin said on Thursday he supported the central bank's approach to inflation targeting as well as the way it is cleaning up the banking sector. Full story
The German economy will expand by 2.6 percent next year, the Ifo institute said on Thursday in its updated forecast for Europe's economic powerhouse, pointing to a broad upswing that is generating record-high employment and buoyant tax revenues. Full story
Euro zone government bond yields rose on Thursday as further signs of economic strength in the bloc added to pressure on ratesetters ahead of a European Central Bank meeting. Full story
Shares in Munters fell to a new low on Thursday after the Swedish industrial group warned it would make a fourth-quarter loss in its Data Centers business, seen as a major future growth engine for the company. Full story
The UK's top share index slipped on Thursday, weighed down by losses among financial stocks, while among positive commodity stocks, miner Lonmin soared after a takeover bid. Full story
The dollar held at more than one-week lows on Thursday after the U.S. central bank kept its economic forecasts unchanged with investors expecting more losses if the European Central Bank outlines a more optimistic outlook on the economy. Full story
Moscow's Arbitration Court on Thursday rejected a claim by Germany's Siemens that the sale of its turbines which were delivered to Crimea was invalid. Full story
The Russian rouble eased, while stocks inched higher on Thursday ahead of an annual press conference by President Vladimir Putin. Full story
Air France-KLM SA has no plans to develop strategic cooperation with airlines in Japan, a senior airline executive told reporters in Tokyo on Thursday. Full story
South Korea's prosecutors are seeking a four-year jail term and a fine of 7 billion won ($6.44 million) for Lotte Group chief Shin Dong-bin over a bribery scandal involving former President Park Geun-hye and her close friend Choi Soon-shil, a Lotte spokesman said on Thursday. Full story
Australia's antitrust regulator on Thursday blocked BP Plc's A$1.8 billion ($1.4 billion) purchase of Woolworths Ltd's petrol stations, even after the oil company offered to sell some stations to ease competition concerns. Full story
Walt Disney Co's expected deal with Twenty-First Century Fox Inc would give the world's best-known entertainment company new advantages in India, such as cricket rights and local-language TV shows for the fast-growing media market. Full story
The Bank of England's views on Brexit will be scrutinised by investors on Thursday when the central bank announces its first policy decision since raising rates for the first time in more than a decade last month. Full story
Walt Disney Co's deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion, a person familiar with the matter said. Full story
Chancellor Angela Merkel's conservatives said they were willing to open formal talks on forming a government with Germany's Social Democrats (SPD) - but her chosen partner was expected to take two more days to decide how to proceed. Full story
Canada's decision to make it harder for Boeing Co to win a major jet order hands rival plane maker Lockheed Martin Corp an advantage in capturing the contract, defense experts said on Wednesday. Full story
Gold prices rose on Wednesday, extending gains to 1 percent as the dollar fell after the U.S. Federal Reserve raised interest rates as expected but left its outlook unchanged for coming years. The spot gold price rallied to $1,256.87 after the Fed raised its benchmark interest rates by 25 basis Full story
A Brazilian Congress vote on a major pension overhaul has been postponed to next year, the government's Senate leader said on Wednesday, although cabinet ministers said they were still looking to hold the vote next week. Full story
Dassault Aviation said on Wednesday it was scrapping development of its Falcon 5X business jet due to delays and technical problems with its French-supplied engines and pledged to launch a new model powered by a rival Canadian supplier. Full story
A former Rutgers University student and two other men pleaded guilty to computer crimes related to the creation, sale and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks. Full story
Activist hedge fund Primestone Capital on Wednesday urged U.S. cleaning equipment company Tennant and Danish peer Nilfisk to consider merging after building up minority stakes in both firms. Full story
Airbus is engulfed in a fresh bout of speculation over the future of senior managers as corruption probes rattle the aerospace company and add fuel to a long-running clash of egos at the top, people familiar with the group said. Full story
The European Central Bank reaffirmed its ultra-easy policy stance on Thursday, promising to keep rates steady until after the end of bond buys and maintaining a pledge to increase the purchases, if necessary. Full story
South Africa's Sibanye-Stillwater has agreed to buy Lonmin for about 285 million pounds ($382 million) in an all-share deal that drove shares in the troubled London-listed platinum miner up by more than a fifth. Full story
Walt Disney Co on Thursday agreed to buy film, TV and international assets from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion as Disney seeks greater scale to tackle growing competition from Netflix and Amazon.com. Full story
Sports Direct's efforts to move upmarket with new flagship stores contributed to a softening of its top line, a margin squeeze and a jump in debt, hitting its shares on Thursday. Full story
Gibraltar's financial services watchdog will introduce the world's first bespoke licence for "fintech" firms using blockchain distributed ledger technology from next month in a bid to attract start-ups to the British overseas territory as it prepares for Brexit. Full story
Former Philippine President Benigno Aquino defended on Thursday his decision to implement a controversial immunisation programme using a new dengue vaccine in 2016, saying it was justified with millions of people at risk of being infected by the virus. Full story
Sberbank plans to meet a government demand to pay 50 percent or more of its earnings in dividends by 2020, if conditions are favourable, German Gref, the chief executive of Russia's largest lender, said on Thursday. Full story
Gold pulled back from a one-week high on Thursday when the dollar recovered after tumbling a day earlier following the U.S. Federal Reserve's decision on interest rates. The Fed raised benchmark rates for the third time this year as widely expected, but maintained its outlook of three rate incre Full story
The U.S. Federal Communications Commission is expected on Thursday to rescind net neutrality rules championed by Democratic former President Barack Obama that barred the blocking or slowing of internet traffic. Full story
Russia will not raise taxes until the end of 2018, Russian President Vladimir Putin said on Thursday. Full story
British online grocer Ocado suffered a slow down in sales growth in its latest quarter, blaming a shortage of drivers which it said was affecting the wider industry and increasing wage costs. Full story
Businesses across the euro zone are ending 2017 on a near seven-year high, with demand and price pressures picking up and forward-looking indicators pointing to a busy start to 2018. Full story
Brazil's chamber of deputies approved an extension of a preferential customs regime for the oil industry to entice investment in a vote late on Wednesday, according to the lower house's news agency website. Full story
Russia's economic recovery is increasingly driven by domestic demand, President Vladimir Putin said on Thursday. Full story
Norway will not make additional changes to its countercyclical capital buffer requirement for banks, the finance ministry said in a statement on Thursday. Full story
The Swiss National Bank maintained its ultra-loose monetary policy stance on Thursday, saying it would keep its negative interest rates in place to combat the "highly valued" Swiss franc. Full story
Japanese e-commerce firm Rakuten Inc said it would apply for a 4G mobile licence, aiming to become the country's fourth major wireless carrier in a strategic shift that had analysts warning of an uphill battle to gain customers. Full story
Nissan Motor Co said on Thursday it was recalling nearly 320,000 vehicles in Japan to fix defective coating in an electronic power unit that could cause a short circuit and fire in the worst-case scenario. Full story
Mineral Resources Ltd on Thursday said the size of its all-share bid for Australian gas producer AWE Ltd, worth A$477 million ($366 million), took into account that its target may hold bigger gas reserves than currently estimated. Full story
Australia's biggest department store operator Myer Holdings Ltd said weaker-than-expected pre-Christmas trading would hit first-half profit, the latest in a series of downgrades that sent its shares to a record low. Full story
The World Trade Organization failed to reach any new agreements on Wednesday, ending a three-day ministerial conference in discord in the face of stinging U.S. criticism of the group and vetoes from other countries. Full story
Apple Inc's $390 million deal with chip supplier Finisar Corp announced on Wednesday helps lock in the supply of a component that Apple believes will play a big role in its future products by bolstering augmented reality features. Full story
Caltex Australia said on Thursday it will continue to be Woolworths' fuel supplier after the Australian Competition and Consumer Commission opposed BP's buyout of Woolworths' gas stations. Full story
T-Mobile US Inc said on Wednesday that it would launch a new streaming television service next year after buying startup Layer3 TV for an undisclosed amount. Full story
Negotiations for a trade deal between the European Union and South American trade bloc Mercosur will extend into next year, officials from both sides said on Wednesday, after the Europeans asked for more time to analyze proposed changes. Full story
Delta Air Lines looked close on Wednesday to placing an order for 100 Airbus A321neo jets in a boost for the European planemaker as it tries to narrow a 2017 order gap against Boeing, two people familiar with the matter said. Full story
Ford Motor Co plans to consolidate global production of midsize sedans in China in 2020, three sources said on Wednesday. Full story
Delta Air Lines looked close on Wednesday to placing an order for 100 Airbus A321neo jets in a boost for the European planemaker as it tries to narrow a 2017 order gap against Boeing, two people familiar with the matter said. Full story
T-Mobile US Inc said on Wednesday that it would launch a new streaming television service next year after buying startup Layer3 TV for an undisclosed amount. Full story
Oil prices slipped for a second straight day on Wednesday, as a slump in U.S. crude stockpiles was offset by a larger-than-forecast rise in gasoline inventories and as U.S. crude output continued to grow to record highs. Full story
The U.S. dollar fell after the Federal Reserve raised interest rates in a widely expected move, but left its rate outlook for the coming years unchanged. Full story
Saudi Aramco, the world's largest oil producer, aims to regain its lost market share after the OPEC-led supply-cut pact ends and plans to push ahead with a downstream expansion strategy to be on par with Big Oil, its chief executive said on Wednesday. Full story
Copper hit a near two-week high on Thursday on global growth hopes following upbeat manufacturing reports from top metals consumer China, and as a weaker dollar also lent support. Full story
Tuesday's blast at Austria's Baumgarten gas hub, which killed one person and disrupted European gas flows, was most likely caused by a loose seal on a filter cap, operator Gas Connect Austria (GCA) said. Full story
Italy's Luxottica and French glasses group Essilor are set to win unconditional EU antitrust approval for their 48-billion-euro ($56.8 billion), two people familiar with the matter said on Thursday. Full story
Russia's Sberbank expects dividends for 2018-2020 to total 1 trillion roubles ($17 billion), Chief Executive German Gref said on Thursday. Full story
The Swiss National Bank expects inflation in Switzerland to exceed its target in three years - an indication of when it might exit its ultra-loose monetary policy. Full story
Brazil's state-controlled oil company Petrobras will exercise its right of first refusal over three of the areas to be auctioned off in June in the country's next pre-salt oil round, the company said in a securities filing on Thursday. Full story
Sanjeev Gupta's GFG Alliance has struck a deal with tidal power firm Atlantis Resources that marks the British billionaire's first step into the stock market. Full story
Japan's JERA Co, a fuel purchasing joint venture of Tokyo Electric Power and Chubu Electric Power, has agreed with French utility EDF's trading arm to expand an existing cooperation into liquefied natural gas (LNG). Full story
India's top court on Thursday allowed Britain's Vodafone to initiate a second arbitration process under an India-UK investment pact over a long-running $2 billion-plus tax dispute with New Delhi. Full story
Airbus SE is considering cutting production of its A380 superjumbo to six or seven planes a year, but has made no final decision on the matter, a top executive said on Thursday amid growing question marks over the future of the double-decker jet. Full story
Sterling edged higher on Thursday, as traders awaited a Bank of England meeting that will be watched for signs of whether recent progress in Brexit talks and higher UK inflation could speed up the pace of future interest rate hikes. Full story
British shoppers pounced on electrical goods and other Black Friday bargains last month, giving an unexpectedly big boost to retail sales, which contrasted with earlier signs of a subdued start to Christmas spending. Consumers have been squeezed through most of this year by rising inflation whic Full story
The Russian central bank is working in line with the law when it revokes licences of banks as part of its banking sector supervision role, President Vladimir Putin said on Thursday. (Reporting by Jack Stubbs, Vladimir Soldatkin and Denis Pinchuk; Writing by Andrey Ostroukh; Editing by Christian Lowe) Full story
Weakness in bank stocks dragged European shares lower on Thursday as the financial sector caught the cold from U.S. and Asian trading after a less hawkish than expected tone from the U.S. Federal Reserve. Full story
Shares in Capita hit a 12-year low on Thursday after the troubled British outsourcer cautioned that upcoming work was unlikely to boost profit in the short term, dashing hopes that 2018 would mark its recovery. Full story
When a 17-year-old Bollywood actress took to social media this week alleging she was sexually assaulted on an airplane, she appeared to catch the airline industry off-guard. Full story
Veteran German banker Martin Blessing will replace Juerg Zeltner as the head of UBS's market-leading wealth management business at the turn of the year, Switzerland's biggest bank said on Thursday. Full story
A deadly gas explosion in Austria has exposed a weak link in European energy security -- in neighbouring Italy. Full story
Saudi Aramco, the world's largest oil producer, aims to regain its lost market share after the OPEC-led supply-cut pact ends and plans to push ahead with a downstream expansion strategy to be on par with Big Oil, its chief executive said on Wednesday. Full story
Liberty House, the industrial and commodities group buying a number of steel assets around the world, is considering a bid for Rio Tinto's aluminium smelter in northern France, the largest in Europe, three sources with direct knowledge of the matter told Reuters. Full story
The finances of most South Korean households and companies are strong enough to cope even if borrowing costs were to rise by 100 basis points, the central bank said on Thursday. Full story
It is shaping up to be a bumper year for drug approvals, with U.S. officials clearing twice as many novel medicines as in 2016, yet returns on research investment at leading pharmaceutical companies are down. Full story
A new study sheds light on how the mosquito-borne Zika virus causes a rare neurological condition, and the findings could have implications for companies working on Zika vaccines, U.S. researchers said on Wednesday. Full story
Dassault Aviation SA said on Wednesday it was scrapping development of its Falcon 5X business jet due to delays and technical problems with its French-supplied engines and pledged to launch a new model powered by a rival Canadian supplier. Full story
The World Trade Organization's biennial ministerial conference closed on Wednesday without any "substantive agreements" among the 164 members, Director General Roberto Azevedo said at the event's closing ceremony. Full story
Brazilian telecommunications firm Oi SA has reached a deal with two major creditor groups on a plan to exit bankruptcy protection, in a major breakthrough for Latin America's largest ever in-court debt restructuring. Full story
Walt Disney Co has become the sole suitor pursuing a $40 billion-plus deal with Twenty-First Century Fox Inc after U.S.-based cable company Comcast Corp dropped its intention to buy most of Fox's assets. Full story
Prime Minister Theresa May's government was defeated on Wednesday, when lawmakers forced through changes to its Brexit blueprint that ministers said could endanger Britain's departure from the European Union. Full story
Canada's decision to make it harder for Boeing Co to win a major jet order hands rival plane maker Lockheed Martin Corp an advantage in capturing the contract, defense experts said on Wednesday. Full story
Italy's parliament will be dissolved between Christmas and the New Year, a parliamentary source said on Wednesday, opening the way for national elections in early March that look unlikely to produce a clear winner. Full story
Trade ministers looked set to wrap up their biennial World Trade Organization (WTO) meeting on Wednesday without any new agreements after criticism of the agency by the United States, once the WTO's driving force. Full story
The White House said Wednesday the U.S. government needs a major overhaul of information technology systems and should take steps to better protect data and accelerate efforts to use cloud-based technology. Full story
 
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