Union Rejects Sixth Refinery Offer From Shell; Talks Next Week
The United Steelworkers union (USW), which represents workers at 63 U.S. refineries, had recommended that locals reject the proposal.
Verizon To Sell Wireline Operations, Towers Worth $15.6B
Frontier Communications will nearly double its size by buying Verizon's local wireline operations in California, Florida and Texas.
UK Hiring Slows As Skills Shortages Bite, Recruiters Say
The number of Britons finding permanent jobs via recruitment agencies grew at its slowest rate in nearly two years in January.
SEC Probes BlackBerry Options Trading Ahead Of Reuters Report About Samsung Talks
The SEC is investigating a Jan. 4 spike in trading in BlackBerry options that occurred hours before Reuters reported that Samsung was in talks to buy BlackBerry, a source said.
Pilot's Body Found Still Clutching Joystick Of Crashed Taiwan Plane: Media
The pilot of a doomed TransAsia plane, hailed as a hero for his actions in the moments before a crash that killed 21 people, was reportedly found holding the joystick in the cockpit.
New York Train Was Not Speeding Before Crash With Car
The commuter train that plowed into a car stopped on a crossing this week was traveling just below the speed limit, a federal investigator said on Thursday.
AstraZeneca To buy Actavis Lung Drugs As Earnings Fall Short
AstraZeneca would buy Actavis' branded respiratory drug business in the U.S. and Canada for an initial $600 million.
Alibaba's Ant Financial To Buy 25% Of India's One97
The stake is estimated to be worth more than $500 million and the deal could be a precursor to One97 listing on the stock exchange.
BT Seals EE Deal To Dominate British Telecoms Market
The deal will be funded by a one billion pound share issue and debt.
Greek Banks Hammered After ECB Snub, Athens Rejects 'Blackmail'
The Athens Stock Exchange FTSE Banks Index plunged 22.6 percent at the open before recovering somewhat.
ECB Cancels Soft Treatment Of Greek Debt In Warning To Athens
The decision came after Greece's new finance minister claimed that the ECB would do "whatever it takes" to support member states.
China Cuts Bank Reserve Requirement To Spur Growth
The reserve requirement ratio, or RRR, would be lowered by 50 basis points, the People's Bank of China (PBOC) said in a statement.
India Eyes US Aircraft Carrier Technology As Arms Ties Deepen
After years of neglect, India's navy is in the midst of accelerated modernization under Prime Minister Narendra Modi.
Euro Zone Private Sector Grows At Fastest Rate In Six Months In January: PMI
The survey, carried out mostly before the ECB announced its QE program to boost the economy, pointed to first-quarter growth of 0.3 percent.
Obama's Pentagon Nominee To Brave Senate Confirmation Grilling
Ashton Carter was nominated to become Obama's fourth defense secretary after Chuck Hagel resigned under pressure last year.
Greece Has Started Debt-Swap Talks With IMF, Minister Tells Paper
Greece's new government is trying to restructure its public debt after receiving $275 billion in bailout money since 2010.
US Strikes Against Senior Al-Shabab Leader In Somalia
The Jan. 31 Hellfire missile strike south of the capital Mogadishu targeted Yusef Dheeq, the group's chief of external operations and planning for intelligence and security.
Canadian Police Arrest Man, Charge Him With Aiding Islamic State
Canadian security officials have said they are concerned by what they have described as potential attacks by the so-called lone wolf converts to Islam.
Oil Prices Jump As BP Cuts Capital Expenditure
Analysts say the announcements of capital expenditure cuts by major oil companies are helping support prices.
HDFC Bank $1.6B Share Sale Likely This Week: Sources
The lender, which is also listed in New York, received the approval on the condition that its foreign ownership should not exceed 74 percent.
ECB Considering Leaving Troika: Handelsblatt
The debate about whether to withdraw reflects concerns within the ECB that its sovereign bond-buying plan could lead to conflicts of interest.
BP Beats Expectations On Surprise Russian Profit, Stock Jumps
The outperformance was due to an unexpected profit of $470 million from Rosneft which has been hit hard by Western sanctions.
Iran Sweetens Oil Contracts To Counter Sanctions And Price Plunge
Companies may also require greater persuasion to invest in Iranian fields due to low crude prices.
RBI Holds Rates, Says Tracking Inflation, Govt Fiscal Action
The RBI also announced a slew of initiatives to develop markets.
Australia's RBA Cuts Rates To Record Low, Market Hankers For More
Markets had been leaning toward a cut this week, though only 9 of 29 analysts in a Reuters poll had tipped a move.
Wyoming House Approves Bill Allowing Guns In Schools
The bill, supported by leaders of the Republican-led House, would repeal “gun-free zones” carved out around elementary and secondary schools, as well as colleges and universities.
Exports Boost UK Manufacturing In January As Factories Cut Prices: PMI
British manufacturing output is still around 5.3 percent below its pre-downturn peak in early 2008.
Eurozone Factories Post 'Meagre' Growth In Activity In January: PMI
The survey's results were mostly collected before the European Central Bank announced a near-trillion euro quantitative easing program.
Ireland's CRH To Buy Lafarge, Holcim Assets For $7.4B
The purchase will double CRH's exposure to emerging markets.
China Jan HSBC Factory PMI Contracts For Second Month, Misses Flash Estimate
The dour data mirrored two official reports released by the government on Sunday.