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Updated: 2 hours 46 min ago

Santander's Botin says no strategy change after appointing new CEO

3 hours 46 sec ago
Banco Santander's chairman Ana Botin on Wednesday said the lender was not planning any major strategy change after appointing Andrea Orcel as its new chief operating officer.
Categories: Business News

PRECIOUS-Gold prices hold steady ahead of Fed rate decision

3 hours 1 min ago
* Technical indicators suggest gold to fall (Updates throughout, moves dateline from BENGALURU)
Categories: Business News

UPDATE 1-Facebook, Google agree to tackle fake news - EU

3 hours 2 min ago
* Facebook, Google, Twitter, Mozilla, advertisers sign up to code (Adds details)
Categories: Business News

CANADA STOCKS-TSX futures higher ahead of expected U.S. rate hike

3 hours 3 min ago
Stock futures pointed to a higher opening for Canada's main stock index on Wednesday ahead of the U.S. Federal Reserve's decision on monetary policy later in the day.
Categories: Business News

UPDATE 2-Saudi Arabia, four other Gulf states to enter key JP Morgan bond indexes

3 hours 4 min ago
* Investor sees $30 bln inflow resulting from inclusion (Adds quotes, bond price movement)
Categories: Business News

UPDATE 1-Merck's Frazier to remain CEO beyond 2019

3 hours 6 min ago
Merck & Co Inc's Kenneth Frazier will stay on as chief executive beyond 2019, the drugmaker said on Wednesday, after it scrapped a policy requiring its CEO to retire at the age of 65.
Categories: Business News

Brazil's Embraer says Helvetic signed firm order of 12 jets worth $730 mln

3 hours 7 min ago
Brazilian planemaker Embraer SA said on Wednesday in a securities filing that Swiss airline Helvetic Airways signed a firm order to buy 12 E190-E2 jets, in a contract worth $730 million.
Categories: Business News

Shareholders of Brazil's Vale should reach deal to pay Eletron 2.82 bln reais

3 hours 9 min ago
Shareholders of Brazilian mining company Vale SA should reach an agreement on Wednesday to pay 2.82 billion reais ($692.01 million) to Eletron to settle a dispute, holding company Litel Participações SA said in a securities filing.
Categories: Business News

METALS-Copper slips for third day as Fed rate hike looms

3 hours 16 min ago
* Aluminium stocks in LME warehouses fall to lowest since March 2008
Categories: Business News

UPDATE 1-Alexion to buy biotech firm Syntimmune for up to $1.2 bln

3 hours 18 min ago
Alexion Pharmaceuticals Inc said on Wednesday it would buy privately held biotech company Syntimmune for a total value of up to $1.2 billion, bolstering its portfolio of drugs to treat rare disorders.
Categories: Business News

RPT-INSIGHT-In a U.S. manufacturing hub, no illusions about tariffs and jobs

3 hours 27 min ago
In a town where a 30-feet tall chair is the chief landmark, and which is synonymous with a U.S. furniture industry decimated over the years by imports from China, many greet the possibility of tariffs on Chinese goods with a shrug.
Categories: Business News

RPT-WRAPUP 1-Fed likely to raise rates, possibly end 'accommodative' policy era

3 hours 27 min ago
With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in U.S. economic growth will prompt the central bank to ramp up the pace of monetary policy tightening.
Categories: Business News

INSIGHT-In Mexico's shale patch, cartel violence scares off drillers

3 hours 27 min ago
The oil and gas fracking boom has lured scores of drillers to the Eagle Ford region of South Texas, the second largest U.S. oil patch, as new production technology opened access to billions more barrels.
Categories: Business News

Merck CEO to stay post 65 after company amends retirement policy

3 hours 32 min ago
Drugmaker Merck and Co Inc said on Wednesday that its board voted to rescind a policy requiring its head to retire at 65, a move that will permit current Chief Executive Officer Kenneth Frazier to remain in the role beyond next year.
Categories: Business News

UPDATE 4-Deutsche Bank dismisses merger reports as 'fictions'

3 hours 38 min ago
* UBS and Commerzbank decline to comment (Updates with comment from CEO, new reporting credit, share prices)
Categories: Business News

UPDATE 3-Daimler names R&D head as next CEO, Zetsche to become chairman

3 hours 40 min ago
* Markus Schaefer to become head of Mercedes-Benz Cars (Adds fund manager quote, writes through with more detail)
Categories: Business News

Alexion to buy biotech firm Syntimmune for up to $1.2 bln

3 hours 45 min ago
Alexion Pharmaceuticals Inc said on Wednesday it would buy privately held biotech company Syntimmune for a total value of up to $1.2 billion, giving it access to a rare blood disorder drug.
Categories: Business News

Top Uber executive disciplined after probe into office conduct -WSJ

3 hours 50 min ago
Uber's head of corporate development, Cameron Poetzscher, was disciplined after a probe found he had a pattern of making sexually suggestive comments about other co-workers, the Wall Street Journal reported on Wednesday, citing people familiar with the investigation.
Categories: Business News

Tech companies agree to measures to tackle fake news - EU

4 hours 14 min ago
Tech companies have agreed to measures to tackle fake news and concerns that it can influence elections, the European Commission said on Wednesday. With EU parliament and national elections coming up next year, the EU executive wants to thwart foreign interference following allegations of meddling in the U.S. presidential election and the referendum in which Britons voted to leave the European Union.
Categories: Business News

Caspian Pipeline Consortium sees 2019 crude shipments over 65 mln T

4 hours 21 min ago
Caspian Pipeline Consortium (CPC) plans to increase crude shipments to more than 65 million tonnes next year from this year's expected 60-61 million tonnes, CPC chief executive Nikolai Gorban said on Wednesday.
Categories: Business News

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