Japanese carmaker Mazda plans North American diesel debut for 2017
TOKYO (Reuters) – Mazda Motor Corp is gearing up to launch a diesel engine car in North America next year, five years later than planned, confident it can attract demand in a market that has been hit hard by Volkswagen’s emissions-cheating scandal.
Ex-Goldman director Gupta seeks reversal in insider trading case
NEW YORK (Reuters) – A U.S. appeals court on Wednesday signaled it was unlikely to overturn the 2012 insider trading conviction of Rajat Gupta, a former director of Goldman Sachs Group Inc and global managing director of McKinsey & Co.
Google CEO to meet with EU antitrust chief on Friday
(Reuters) – The chief executive of Alphabet Inc’s Google and the European Union’s antitrust chief will meet on Friday, following the U.S. technology group’s formal rejection this month of a spate of charges, including blocking rivals in online search …
Jaguar Land Rover says half of its new cars will have electric option by 2020
LONDON (Reuters) – Half of all new Jaguar Land Rover vehicles will be available in an electric version by the end of the decade, Britain’s biggest carmaker said on Wednesday, after showcasing its first electric car this week.
U.S. panel urges ban on China state firms buying U.S. companies
WASHINGTON/HONG KONG (Reuters) – U.S. lawmakers should take action to ban China’s state-owned firms from acquiring U.S. companies, a congressional panel charged with monitoring security and trade links between Washington and Beijing said on Wednesday.
Italy won’t bend budget plan for EU, says Renzi advisor
LONDON (Reuters) – Italy will not bend its budget plans to meet European Commission demands, an economic adviser to the country’s prime minister Matteo Renzi said on Wednesday.
Citigroup CFO says U.S. tax rate cut could bring $4 billion charge
NEW YORK (Reuters) – If federal corporate tax rates decline 20 percent under President-elect Donald Trump, Citigroup Inc may have to take a $4 billion charge to profits to reflect lower values for its deferred tax assets, the bank’s chief financial of…
Deutsche Telekom CEO plays it cool on T-Mobile US
BARCELONA (Reuters) – Deutsche Telekom is ‘not in the mood’ to sell T-Mobile US , its chief executive said on Wednesday, although it is watching for any change in the U.S. regulatory environment under Donald Trump’s administration.
U.S. state securities regulators gird for action during Trump era
NEW YORK/BOSTON (Reuters) – State securities regulators say they will try to fill any void in policing banks and finance companies that break the rules if President-elect Donald Trump and a Republican-controlled congress roll back reforms introduced af…
U.S. manufacturing sector stabilizing; producer prices tame
WASHINGTON (Reuters) – U.S. manufacturing output increased for a second straight month in October amid gains in the production of motor vehicles and a range of other goods, suggesting that the battered factory sector was slowly recovering.
