Toyota design chief sees future without mass-market cars
NAGOYA (Reuters) – As sharing services change car use and ownership, Toyota Motor Corp’s new design chief believes that vehicles will shift towards either generic boxes on wheels for everyday use or ultra-luxury cars, wiping out the need for mass-mark…
Delta says some CSeries deliveries will likely be Canadian imports
NEW YORK (Reuters) – Delta Air Lines on Thursday said it intends to take as many U.S.-made Bombardier CSeries as possible, but at least some of its earlier deliveries will likely be Canadian imports due to contractual obligations on timing.
Apple, Cisco lead Wall Street higher for fifth straight session
(Reuters) – U.S. stocks rose for the fifth straight day on Thursday, led by blue-chips Apple and Cisco, as investors shrugged off fears of rising inflation and hunted for bargains after last week’s sell-off.
Wall Street opens higher as inflation fears ebb
(Reuters) – Wall Street’s main indexes opened higher on Thursday, with Cisco leading a more than 200 point jump in the Dow Jones Industrial Average, as concerns of rising inflation eased.
Bombardier CEO calls U.S. trade agency reasoning ‘good news’
MONTREAL (Reuters) – Bombardier Inc Chief Executive Alain Bellemare on Thursday described a U.S. trade agency’s explanation for why it rejected hefty duties on the company’s CSeries jet sales to American carriers as very “good news.”
U.S. producer prices rise in January on gasoline, healthcare
WASHINGTON (Reuters) – U.S. producer prices accelerated in January, boosted by strong gains in the cost of gasoline and healthcare, offering more evidence that inflation pressures were building up.
U.S. weekly jobless claims rebound from near 45-year lows
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rebounded from a near 45-year low last week, but remained below a level that is associated with a tightening labor market.
XPO Logistics expects 750,000 European home deliveries for 2018
SEATTLE (Reuters) – XPO Logistics Inc said on Thursday it expects to make or manage 750,000 deliveries of bulky goods like flat-screen televisions and furniture to homes in Europe in 2018, as the U.S.-based company dips its toe into a crowded and fast…
Hedge fund Bridgewater makes $22 billion bet against European firms
LONDON/FRANKFURT/NEW YORK (Reuters) – Bridgewater has shown its hand in Europe with a $22 billion bet against some of the continent’s biggest companies, filings reviewed by Reuters show, part of a bigger shift by the world’s largest hedge fund manager….
VW looks at Apple for electric-car design guidance
BERLIN (Reuters) – Volkswagen is looking at Apple products for guidance on how to style its new generation of electric cars, its top designer said, as the automaker aims to turn profits on battery-powered vehicles when they launch in 2020.
