Business News Headlines

Europe holds nerve as Russia-Ukraine warnings ratchet up

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LONDON - European markets cautiously set aside warnings that Russia's conflict with Ukraine was sliding out of control on Monday, as investors focused on the European Central Bank's meeting this week and hopes it will strengthen its stimulus plans.

5:03am EDT

Central European PMIs point to slowdown as sanctions hit sentiment

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PRAGUE - Polish manufacturing activity shrank for a second straight month in August and Czech expansion slowed more than expected, adding to signs weaker euro zone economies and crisis in Ukraine are cooling growth in the EU's east.

7:03am EDT

Twenty years on, Schaeuble pleads again for core Europe

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PARIS - German Finance Minister Wolfgang Schaeuble renewed a call for a core group of European Union countries to move ahead faster with economic and political integration, 20 years after his ground-breaking proposal fell on deaf ears in key partner France.

6:14am EDT

China manufacturing slowdown ripples through region

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SYDNEY - Growth in China's vast factory sector slackened in August as foreign and domestic demand slowed, stoking speculation that further policy easing would be needed to prevent the economy from stumbling once more.

1:36am EDT

Euro zone factory growth slows in August amid Ukraine tension: PMI

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LONDON, - Euro zone manufacturing growth slowed slightly more than initially thought last month as new orders dwindled and factories suffered amid rising tensions in Ukraine, a business survey showed on Monday.

4:12am EDT

Retreat in China's PMIs heightens calls for policy easing

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BEIJING - Growth in China's vast factory sector cooled in August as foreign and domestic demand slowed, two surveys showed on Monday, spurring new calls for more policy easing to prevent the economy from stumbling once more. | Video

3:06am EDT

China gives Microsoft 20 days to provide explanation in anti-trust probe

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BEIJING - A Chinese anti-trust regulator said on Monday it has given Microsoft Corp 20 days to reply to queries on the compatibility of its Windows operating system and Office software suite amid a probe into the world's largest software company.

Weak data to test BOJ's rosy economic view, policy on hold

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TOKYO - The Bank of Japan will maintain its existing stimulus policy and optimistic economic view when it meets on Thursday, sources say, preferring to take more time to gauge whether a run of weak data is sufficient to threaten a fragile recovery.

3:24am EDT

Fri, Aug 29 2014

U.S. coal stocks could gain on Russia tension

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NEW YORK - Beaten-down U.S. coal company stocks may receive a lift in coming weeks if deteriorating relations between Russia and the West push President Vladimir Putin to shut off Europe’s natural gas supply.

Britain's Barclays to sell Spanish assets to Caixabank

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MADRID - Barclays is selling its Spanish retail and corporate banking operations to Caixabank, the two companies said on Sunday, as the British bank starts shrinking its struggling European divisions as part of a major overhaul.

Deals, Money, Spain 1:57am EDT
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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.