JPMorgan Chase & Co (JPM.N) is in talks to sell its oil-supply agreement with a major Philadelphia refinery to Bank of America Corp (BAC.N), the Wall Street Journal reported Tuesday, citing people familiar with the matter.
North America
In quest for next windfall, tech funds look to healthcare
Some of the best-known technology investors are looking beyond their tried-and-true Internet plays to bet on healthcare data as the next growth market.
Audi expects to sell more than 1.7 mln cars in 2014 - CEO
Premium car maker Audi expects to sell more than 1.7 million cars in 2014 even as sales momentum in some emerging markets slows, Chief Executive Rupert Stadler said.
U.S. mortgage applications rise in latest week: MBA
Applications for U.S. home mortgages rose last week as interest rates declined, an industry group said on Wednesday.
Ukraine ceasefire hopes push stocks, rouble higher
World markets jumped on Wednesday as Ukraine's President Petro Poroshenko said a ceasefire had been reached with Russia, raising hopes that a recent escalation in the conflict could be reversed.
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Apple Inc has often displayed uncanny timing, with its well-orchestrated end-of-year iPhone releases. But the leak of racy celebrity photos in the past few days put the company in the unusual position of having to mend its image just days before a highly anticipated Sept. 9 product launch.
Deutsche Bank AG's Asset & Wealth Management division said on Tuesday it has opened a private bank in Dallas with two former JP Morgan Private Bank executives at the helm. The move is part of a global push to increase the German bank's financial adviser base by 15 percent in the next three years.
U.S. construction spending rebounded strongly to hit its highest level in more than 5-1/2 years in July as private construction increased and state and local government outlays surged, in a further sign of vigor in the economy.
U.S. stocks ended mostly lower on Tuesday, retreating from records set the previous month, as falling crude oil prices dragged energy shares down and offset strong manufacturing data.
Dollar General Corp (DG.N) raised its bid for Family Dollar Stores Inc (FDO.N) to $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.
The U.S. manufacturing industry expanded in August while employment in the sector grew at its fastest pace since March of last year, an industry report showed on Tuesday.
Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.
Apple Inc plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar with the situation.
Dutch brewer Heineken (HEIN.AS) has agreed to sell its Mexican packaging business Empaque to Crown (CCK.N) for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010.
