Ford to launch diesel truck to grab fuel economy edge
DETROIT (Reuters) – Ford Motor Co plans this spring to offer a diesel engine version of its best-selling F-150 pickup truck, looking to gain a marketing edge as its main rivals ramp up more efficient pickups of their own.
Asia stocks advance toward historic highs, U.S. earnings test
SYDNEY (Reuters) – Asian shares crept toward all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent cocktail for risk appetite.
Oil prices edge up on lower U.S. rig count, but below recent highs
SINGAPORE (Reuters) – Oil prices firmed on Monday on the back of a slight decline in the number of U.S. rigs drilling for new production, with crude holding just below near three-year highs reached last week.
Asia stocks near historic highs, U.S. earnings loom
SYDNEY (Reuters) – Asian shares neared all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent cocktail for risk appetite.
Starbucks wins dismissal in U.S. of underfilled latte lawsuit
(Reuters) – Starbucks Corp has won the dismissal of a U.S. lawsuit accusing the coffee chain of overcharging customers by underfilling lattes and mochas to reduce milk costs.
Former WTO, Goldman and BP chief Peter Sutherland dies at 71
DUBLIN (Reuters) – Former World Trade Organization director general Peter Sutherland, who was also a long-serving chairman of oil giant BP and the overseas arm of Goldman Sachs , died on Sunday aged 71.
China’s FAW Car buys 10 percent stake in Mobike’s new car-sharing unit
BEIJING (Reuters) – FAW Car Co Ltd said on Sunday it was taking a 10 percent stake in Chinese bicycle-sharing startup Mobike’s new car-sharing unit Mobike Chuxing Technology Co.
VW 2017 group sales rose to around 10.7 million cars, beating Toyota: Bild am Sonntag
BERLIN (Reuters) – Volkswagen group sales probably rose to around 10.7 million cars last year and kept the German behemoth ahead of Toyota as the world’s largest automaker, Bild am Sonntag reported, citing in-house VW estimates.
Williams paints benign picture of Fed rate hikes, strong U.S. economy
PHILADELPHIA (Reuters) – The Federal Reserve should raise interest rates three times this year given the already strong economy will get a boost from tax cuts, and can tighten more or less aggressively if needed, a key U.S. rate-setter said on Saturday…
SEC probing Kushner Cos use of wealthy investor visas: WSJ
(Reuters) – The real estate company of Jared Kushner, President Donald Trump’s senior adviser and son-in-law, is being investigated by the U.S. Securities and Exchange Commission for its use of a federal program that grants visas to wealthy foreigners …
