| | |
| Toyota keeps top spot in auto sales rankings, outselling GM, VW Monday, Oct 28, 2013 12:40 AM PDT  By Yoko Kubota TOKYO (Reuters) - Toyota Motor Corp kept its lead over rivals General Motors Co and Volkswagen AG this year, January-September global sales figures showed, as the Japanese carmaker closes in on a record annual profit. Toyota's groupwide sales totaled around 7.412 million vehicles, up 0.1 percent from the same period a year ago, the company said on Monday, as strong sales in the United States offset slowdowns in Thailand and China. Toyota's groupwide total includes sales at affiliates Daihatsu Motor Co Ltd and Hino Motors Ltd . General Motors sold 7. ... Full Story | Top |
| Statoil to build new platform to squeeze more from North Sea field Monday, Oct 28, 2013 12:36 AM PDT  OSLO (Reuters) - Norway's Statoil plans to build a new platform at its Snorre field in the North Sea to extract another 300 million barrels of oil and extend the project's lifetime to 2040, it said on Monday. The 40 billion crown ($6.79 billion) project has been in doubt since the government decided in May to increase taxes but Statoil has managed to increase recoverable reserves and its chief partner in the project, state holding firm Petoro, has also lobbied hard for the new platform. "The change in the petroleum tax rules that was adopted in May ... ... Full Story | Top |
| Lagardere says Canal + talks with Vivendi ongoing Monday, Oct 28, 2013 12:24 AM PDT  PARIS (Reuters) - French media groups Lagardere and Vivendi are still in talks over the fate of pay-television operator Canal +, Lagardere said on Monday, after press reports said Lagardere had agreed to sell its stake to its rival. Lagardere said in a one-line statement that there were "ongoing discussions with Vivendi" in order to come to an agreement. Press reports over the weekend said that a deal had been struck for Vivendi to buy Lagardere's 20-percent stake. (Reporting by Lionel Laurent, Editing by Natalie Huet) Full Story | Top |
| Gold hovers near 5-week high as Fed policy meeting looms Monday, Oct 28, 2013 12:18 AM PDT  By A. Ananthalakshmi SINGAPORE (Reuters) - Gold was hovering near five-week highs on Monday as traders bet the U.S. Federal Reserve would stick with its bullion-friendly stimulus measures at a policy meeting later this week. Bullion has fallen nearly 20 percent this year as investors dumped gold holdings for better-performing stock markets and on fears that the end of easy money from the U.S. central bank would dim the metal's inflation-hedge appeal. In the past two weeks, however, gold has gained about 6 percent as weak U.S. ... Full Story | Top |
| Brent edges up after 3-days of losses; Federal Reserve eyed Monday, Oct 28, 2013 12:16 AM PDT  TOKYO (Reuters) - Brent crude futures edged up to above $107 a barrel in cautious early Asia trade on Monday, taking a break after three days of losses as investors wait on the U.S. Federal Reserve's policy meeting later this week. Brent fell 2.7 percent last week, its biggest weekly decline in a month, amid concerns about higher supply and faltering demand, despite signs of faster economic growth in major consumer China. London Brent crude for December delivery was trading 27 cents higher at $107.20 a barrel by 0157 GMT, after settling down 6 cents on Friday. U.S. ... Full Story | Top |
| South Africa's Shoprite says Q1 sales up 10.2 pct Monday, Oct 28, 2013 12:14 AM PDT  JOHANNESBURG (Reuters) - South African retailer Shoprite reported a 10 percent rise in July-September sales on Monday thanks to a strong showing it its stores outside its mainstay home market. Shoprite, Africa's biggest grocer with stores in several sub-Saharan countries, said sales outside South Africa surged 29.1 percent, more than 3 times the growth rate at home. Full Story | Top |
| Panel says no cover-up in Japan's Mizuho mob loans scandal Monday, Oct 28, 2013 12:13 AM PDT  By Taiga Uranaka TOKYO (Reuters) - Mizuho Financial Group looks likely to escape serious penalty in a loans-to-mobsters scandal after an outside panel said on Monday that Japan's second-biggest bank by assets did not intentionally cover up the shady lending. But while Mizuho's president and CEO, Yasuhiro Sato, is now expected to keep his job and resume his efforts to unify the fractious "megabank" and improve its governance, Mizuho faces an uphill battle in catching up with its expanding peers. ... Full Story | Top |
| EADS plans to cut jobs, costs at defense unit: CEO in paper Monday, Oct 28, 2013 12:09 AM PDT  FRANKFURT (Reuters) - European aerospace group EADS is planning to cut jobs and costs in its defense division, the group's chief executive was quoted by a German paper as saying. "There will be hard measures," Thomas Enders told Sueddeutsche Zeitung. "There are no decisions yet, but we can't avoid cost and job cuts," he added, highlighting lost contracts in Germany after the government cut back on defense spending. EADS announced in July it would combine its defense and space subsidiaries and rename the group after its Airbus aircraft making brand, starting from January 1. ... Full Story | Top |
| NFL considers selling some Thursday night games: exec Monday, Oct 28, 2013 12:02 AM PDT By Ronald Grover and Liana B. Baker LOS ANGELES/NEW YORK (Reuters) - The National Football League is studying whether to auction the media rights for a new slate of regular-season games, a process that has ignited fierce bidding wars in the past for a deal to broadcast the hugely popular sport. Discussions are internal and at an early stage, and there is no assurance a decision will be made to do so, said Steve Bornstein, president and CEO of NFL Network and NFL executive vice president of media. ... Full Story | Top |
| South Africa's rand steady ahead of data-heavy week Sunday, Oct 27, 2013 11:58 PM PDT JOHANNESBURG (Reuters) - South Africa's rand was steady against the dollar on Monday as the market looks ahead to a data-heavy week which sees the release of producer inflation, factory and trade figures. The rand was at 9.8200 to the dollar at 0645 GMT, little changed from Friday's close in New York. Key data due to be released this week include September producer inflation and trade on Thursday and October PMI and vehicle sales on Friday. ... Full Story | Top |
| Australian shares lead Asian rebound; yen softens Sunday, Oct 27, 2013 11:58 PM PDT  By Ian Chua SYDNEY (Reuters) - Australian stocks scaled a five-year peak on Monday, leading a rebound in Asia after strong results from the likes of Microsoft pushed Wall Street to another record closing high, while investors gave the safe-haven yen a wide berth. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 percent, recovering a chunk of last week's 1.1 percent loss -- the biggest in two months -- that was driven by concerns that China may tighten policy to keep prices under control. Australian shares put on 1. ... Full Story | Top |
| South Africa's Nedbank says earnings from lending up 8 pct Sunday, Oct 27, 2013 11:54 PM PDT  JOHANNESBURG (Reuters) - South Africa's Nedbank reported an 8 percent increase in earnings from lending for the first nine months of the year on Monday and said it was on track to meet its full-year target for profit growth. Nedbank, South Africa's fourth-largest lender, is trying to boost the money it makes from fees and transactions as demand for credit in Africa's largest economy remains lukewarm. The bank, which is majority owned by insurer Old Mutual, said in a statement that net interest income, a measure of earnings from loans, rose 8.3 percent in the nine months to end-September, to ... Full Story | Top |
| Samsung Elec shares rise 2 percent after third-quarter earnings boost outlook Sunday, Oct 27, 2013 11:45 PM PDT  SEOUL (Reuters) - Shares in Samsung Electronics rose 2 percent on Monday, driven by expectations that the South Korean technology giant will continue to post solid earnings after its record-high profit in the July to September period, analysts said. Some analysts raised their target prices for Samsung, expecting a strong recovery in its memory chip business to help offset slowing growth of smartphone profits in the coming quarters. Samsung shares rose as much as 2 percent to 1,478,000 Korean won ($1,400) per share, the highest intraday level in a week. ... Full Story | Top |
| Storm batters southern Britain, disrupting flights, trains Sunday, Oct 27, 2013 11:42 PM PDT  LONDON (Reuters) - Strong storm winds and rain battered southern parts of England and Wales early on Monday, forcing flight cancellations, disrupting trains and closing roads and major bridges before the start of rush-hour. Local media dubbed the storm "St. Jude", after the patron saint of lost causes who is traditionally celebrated on October 28, and made comparisons to 1987 when a storm killed 18 people in Britain and felled around 15 million trees. London's Heathrow airport said around 20 percent of flights would be cancelled between 6:00 and 11:00 a.m. ... Full Story | Top |
| Storm batters southern Britain, disrupting flights and trains Sunday, Oct 27, 2013 11:40 PM PDT  LONDON (Reuters) - Strong storm winds and rain battered southern parts of England and Wales early on Monday, forcing flight cancellations, disrupting trains and closing roads and major bridges before the start of rush-hour. Local media dubbed the storm "St. Jude", after the patron saint of lost causes who is traditionally celebrated on October 28, and made comparisons to 1987 when a storm killed 18 people in Britain and felled around 15 million trees. ... Full Story | Top |
|
No comments:
Post a Comment