U.S. home prices up in January, but shy of expectations
NEW YORK (Reuters) – Annualized U.S. single-family home prices rose less than expected in January, a closely watched survey showed on Tuesday.
Bank of England warns on Brexit, tightens buy-to-let mortgages
LONDON (Reuters) – Britain’s European Union referendum could push up credit costs and weaken sterling more, the Bank of England warned on Tuesday, as it moved to bolster banks’ risk buffers and slow a boom in lending to landlords.
Fed’s Williams urges U.S. central bank to stay on track with rate rises
(Reuters) – The U.S. economy remains on track for a gradual path of interest rate hikes and fears over the impact of a slowing global economy and bouts of financial volatility are overdone, San Francisco Federal Reserve President John Williams said on …
Orange and Bouygues boards to meet Wednesday on telecoms tie-up: sources
PARIS (Reuters) – The Orange and Bouygues boards are scheduled to meet separately on Wednesday to discuss the planned sale of Bouygues’s telecom unit, two sources close to the matter said.
Chrysler to recall 60,000 SUVs in China over ABS braking issue: watchdog
SHANGHAI (Reuters) – Fiat Chrysler Automobiles NV’s China unit will recall over 60,000 sport-utility vehicles in the country due to issues related to the cars’ anti-skid braking (ABS) systems, a Chinese regulator said in a statement on Tuesday.
Yahoo sets April 11 deadline for preliminary bids: WSJ
(Reuters) – Yahoo Inc has set an April 11 deadline to submit preliminary bids for its web business and Asian assets, The Wall Street Journal reported on Monday, citing sources.
Europe shares, dollar gain as investors look to Yellen
LONDON (Reuters) – European shares rose on Tuesday, shrugging off losses in Asia, while the dollar regained its footing as investors looked to a speech by Federal Reserve Chair Janet Yellen for clues to the interest rate outlook following weak U.S. dat…
Smoke without fire: Japan becomes test ground for real tobacco e-cigarette
TOKYO (Reuters) – Two tobacco giants are seeing strong demand for their reboots of the e-cigarette in Japan, with Philip Morris International twice postponing a nationwide rollout and Japan Tobacco suspending shipments – both due to supply shortages.
Takata plans to increase capital around Sept as recall costs mount: Kyodo
TOKYO (Reuters) – Japan’s Takata Corp is likely to seek more capital around September as it expects its finances to take a hit from a rise in costs to recall potentially defective airbag parts, Kyodo News reported on Tuesday.
Buffett boosts Berkshire’s Wells Fargo stake to 10 percent
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Monday said it has increased its ownership stake in Wells Fargo & Co to 10 percent, a level that could mean increased federal scrutiny over the investment.
