Syngenta Moves to Calm Disappointed Shareholders -- Update

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By John Revill and Neil MacLucas ZURICH-- Syngenta AG on Thursday moved to appease shareholders angered by its rejection of a takeover from Monsanto Co., saying it will divest its global vegetable seeds business and return more than $2 billion ...

Natalie Massenet Leaves Net-a-Porter Ahead of Merger With Yoox

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Saabira Chaudhuri The founder and executive chairman of Net-a-Porter has abruptly resigned, leaving the high-end fashion site ahead of its pending merger with Yoox SpA. Natalie Massenet, who was slated to be chairman and oversee editorial content of the ...

Australian Retail Sales Fall Unexpectedly

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Vera Sprothen SYDNEY--Australian retail sales fell unexpectedly in July, in the latest sign that the economy may be deteriorating faster than many economists had assumed. Retail sales fell by 0.1% from a month earlier, the Australian Bureau of Statistics ...

Sweden Leaves Interest Rate Unchanged--Update

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Charles Duxbury STOCKHOLM--Sweden's central bank left its main interest rate and bond- buying program unchanged on Thursday, saying its existing policies were supporting the economy and would lead to inflation moving closer to its 2% target. The central bank, ...

Asian Rubber Futures Continue Streak of Losses

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Vibhuti Agarwal Asian rubber futures fell Thursday for a fourth straight session amid thin trade, as slack car sales in top buyer China continued to hurt investor sentiment. The Tocom benchmark has been weighed down by worries over slowing ...

Brazil Leaves Benchmark Interest Rate Unchanged at 14.25% -- Update

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Paulo Trevisani BRASÍLIA--Brazil's central bank left its benchmark interest rate unchanged on Wednesday at the highest level in nine years as the long battle with inflation continues with little relief in sight. The bank's monetary-policy committee left the benchmark ...

IMF Says China Slowdown, Other Risks Threaten Global Outlook

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Ian Talley WASHINGTON--China's slowdown and a host of other downside risks threaten to push the global economy into much deeper trouble without concerted action by the world's largest economies, the International Monetary Fund warned Wednesday. "Risks are tilted to ...

Oil Prices Rangebound, U.S. Jobs Data in Focus

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Eric Yep Crude-oil futures were rangebound in Asian trade Thursday with Chinese markets closed for the remainder of the week and after global market sentiment stabilized in the previous session. There was some downward pressure on oil prices from ...

Australia Defers Decision on Shell's Takeover of BG

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

MELBOURNE, Australia--Australia's antitrust regulator has given itself more time to consider Royal Dutch Shell PLC's planned takeover of U.K.-based oil-and-gas firm BG Group PLC. Australia and China are the two regulatory hurdles yet to be cleared after Europe's highest antitrust ...

Singapore Vote to Test Shift on Immigration

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Jake Maxwell Watts SINGAPORE--This city state's embrace of immigration helped transform it from a slum-ridden tropical trading port into a wealthy pillar of the global economy. Now, with one eye on boosting a slowed economy and the other on ...

India's August Services Activity Is Strongest in Four Months

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

NEW DELHI?A gauge of India's services-sector activity rose to its highest level in four months in August, but firms were still reluctant to increase hiring, reflecting an uncertain economic environment, a survey shows. The seasonally adjusted India Service Sector Business ...

Brazil's House Prices Lower in August Due to Poor Economy

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Rogerio Jelmayer SÃO PAULO--Brazil's house prices declined in August as Latin America's largest nation faces the negative combination of poor economic activity, high interest rates and inflation. House prices fell 0.01% in August, according to FipeZap, an index of ...

Sweden Leaves Interest Rate Unchanged

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Charles Duxbury STOCKHOLM--Sweden's central bank left its main interest rate and bond- buying program unchanged on Thursday, saying its existing policies were supporting the economy and would lead to inflation moving closer to its 2% target. The central bank, ...

EDF Revises Up Flamanville Reactor Cost to EUR10.5 Billion

TODAY: Sept. 5, 2015 PUB DATE: Sept. 3, 2015

By Matthew Dalton PARIS--French state-controlled power utility Électricité de France SA Thursday said a new reactor at the Flamanville nuclear power plant would cost 10.5 billion euros ($11.8 billion), significantly more than previously announced, and the reactor's startup would be ...

Puerto Rico Agency Plans Talks With Hedge-Fund Creditors

TODAY: Sept. 5, 2015 PUB DATE: Sept. 2, 2015

By Mike Cherney And Matt Jarzemsky Puerto Rico's Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are ...

Asian Stocks Fall Ahead of China's World War II Parade -- 3rd Update

TODAY: Sept. 5, 2015 PUB DATE: Sept. 2, 2015

By Chao Deng Sellers eager to cash out before a four-day holiday in China and buyers believed to be backed by Beijing staged a stock-market tug-of-war in Shanghai on Wednesday, leaving shares down slightly after a tumultuous trading session. Deepening ...