U.S. stock futures inch up as earnings head for higher gear
(Reuters) – U.S. stock index futures pointed to a slightly positive start for Wall Street on Monday as investors pondered a solid initial round of third quarter company earnings and awaited a further flood of results this week.
Daimler starts reorganisation that could lead to break up
BERLIN (Reuters) – Daimler has started the process of creating separate legal entities for its Mercedes Benz cars and Daimler Trucks divisions, a move that has fuelled speculation of an eventual break up of the German automaker.
Toyota to test self-driving, talking cars by about 2020
TOKYO (Reuters) – Toyota Motor Corp on Monday said it would begin testing self-driving electric cars around 2020, which will use artificial intelligence (AI) to engage with drivers, as the company competes with tech firms to develop new vehicles.
Daimler takes first steps on new structure for cars and trucks
BERLIN (Reuters) – Daimler said it has taken the first steps towards a new structure that could see its Mercedes Benz cars and vans and its Daimler Trucks divisions split off into separate entities.
China data boosts world stocks and commodities, oil jumps
LONDON (Reuters) – World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month high as an escalation in fighting between the Iraqi government and Kurdish forces threatened supply.
Kobe Steel shares hit near five-year lows as cheating scandal raises financial risks
TOKYO (Reuters) – Just over a week out from revelations of a cheating scandal that plunged Kobe Steel Ltd in crisis and ensnared hundreds of firms, the embattled steelmaker’s shares skidded to five-year lows on Monday as investors worried about the f…
Fake paperwork, poor parts challenge China’s aerospace boom
SHANGHAI (Reuters) – Chinese suppliers to U.S. flight control systems maker Moog sold it poorly made parts, faked paperwork and outsourced work to a factory not approved by the company, according to an internal report by U.S. aviation regulators.
Asian shares conquer 10-year peak, commodities ride high on China
SYDNEY (Reuters) – Asian shares rallied to a decade high on Monday as upbeat Chinese data boosted commodity prices, while the euro extended losses after the Catalan leader failed to give a clear answer to whether or not he declared independence from Sp…
Food services firm Aramark to buy Avendra, AmeriPride in $2.35 billion deal
(Reuters) – Food services company Aramark said on Monday it would buy Avendra LLC, majority owned by Marriott International Inc , and uniform and linen supplier AmeriPride Services Inc for a total of $2.35 billion, before tax benefit adjustments.
As the quartet breaks up, central banking leadership flux looms
WASHINGTON (Reuters) – The leaders of the world’s top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a time when the lingering effects of the crisis, evolving technology…
