Country

Euro, shares rise as dollar lays low ahead of Fed

The euro and world shares gained on Tuesday as the dollar steadied before a two-day meeting of the U.S. Federal Reserve, where the Fed may edge closer to its first interest rate rise in almost a decade.


BHP $13 billion spin-off South32 plans cautious approach to growth

BHP Billiton has put far less debt than expected into its $13 billion South32 spin-off, positioning the company formed from its unloved assets to weather tough markets and still pay a dividend.

New Malaysia airline plans to buy Bombardier CSeries jets worth $1.5 billion

A new privately held Malaysian airline intends to buy 20 Bombardier Inc (BBDb.TO) CS100 aircraft for $1.5 billion, in what could be the Canadian planemaker's first order in Southeast Asia for its long-delayed CSeries passenger jet program.

Currency swings cost U.S. corporates $18.66 billion in fourth quarter: study

Foreign exchange swings cost North American corporates $18.66 billion in revenue in the fourth quarter, according to a report by currency risk management consulting firm FiREapps.


Latest News

Apple Inc is in talks with programmers to offer a slimmed-down bundle of TV networks this fall, the Wall Street Journal reported, citing people familiar with the matter.
As his likely rivals spent the weekend shaking hands in New Hampshire, potential Republican candidate Rand Paul flew to Texas to court the software developers and entrepreneurs who are likely to play a central role in the 2016 election.
New hepatitis C drugs that shorten treatment times are largely cost-effective despite their hefty U.S. price tags, according to two new analyses.
U.S. arms maker Raytheon Co is in talks to buy network-security company Websense Inc, owned by private-equity firm Vista Equity Partners LLC, Bloomberg reported citing people familiar with the matter.
The Bank of Japan is set to maintain its massive stimulus program on Tuesday and signal its conviction that a steady economic recovery will help achieve its ambitious price target without immediate, additional monetary easing.
Venezuela's government has told the country's food industry that it is limiting dollar disbursements for food imports so that it can pay down foreign debt amid low oil prices, according to two sources with direct knowledge of the situation.
Uber Technologies Inc's Chief Financial Officer Brent Callinicos is stepping down, the online taxi service's CEO said in an email to investors.
U.S. stocks rallied on Monday as the U.S. dollar eased back from its recent peak and worries eased about the timing of a Federal Reserve interest rate hike.
An upset victory by Israel's centre-left opposition in Tuesday's election could be a welcome change for a business and corporate sector eager for the "peace dividend" that might come with a government willing to talk with the Palestinians.
Valeant Pharmaceuticals International Inc said it increased its offer for Salix Pharmaceuticals Inc to $10.96 billion in cash, topping Endo International Plc's bid of $10.93 billion in cash and stock for the bowel drug maker.
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