Consumer companies’ outperformance no longer guaranteed by cheap oil
LONDON (Reuters) – Consumer companies are offering investors a small degree of relief from the turmoil in banking and resources in a results season dominated by fears about slowing economic growth.
Desperately seeking signs of inflation
(Reuters) – Now markets have delivered their verdict on inflation – it’s not picking up any time soon – economic data due next week will show whether price pressures are rising meaningfully or falling back in some of the world’s major economies.
Hedge fund divorce battle cost charity $2 million in legal fees
LONDON (Reuters) – Hedge fund manager Chris Hohn’s divorce from ex-wife Jamie Cooper cost a charitable foundation they jointly set up more than $2 million in legal fees, its annual report showed.
Volkswagen group sales return to growth in January
FRANKFURT (Reuters) – Volkswagen group sales returned to growth in January thanks to demand in China, where core brand VW posted its best month ever despite the furor over the German carmaker’s cheating of U.S. diesel emissions tests.
Airbus A320neo’s engine problems to be solved by April: Pratt CEO
HAMBURG (Reuters) – Any technical problems with the engines of Airbus’s A320neo jetliner should be solved in the coming weeks, the head of engine manufacturer Pratt & Whitney said.
Asian shares slide as bank fears add to global gloom
LONDON (Reuters) – Relative calm returned to world markets on Friday after a hurricane-force week that gave dollar/yen its biggest smashing since 2008, wiped billions off share prices and saw a stampede into top-rated government bonds and gold.
Amazon acquires Italy-based software firm
(Reuters) – Amazon Web Services, the cloud computing arm of Amazon.com Inc , said it has acquired NICE, a software developer for technical computing.
Burberry faces U.S. lawsuit accusing it of deceptive price tags
LONDON (Reuters) – British luxury fashion brand Burberry is to face a class action lawsuit in the United States, claiming it used misleading price tags at its outlets stores to fool shoppers into believing they were getting big bargains.
Growing trust helps flurry of Sino-German deals
FRANKFURT (Reuters) – A flurry of sales of German and Swiss companies to Chinese buyers in the past month is testament to increasing Chinese expertise in European bidding processes and growing trust, German bankers and advisers say.
Yellen’s dilemma: a downturn with no easy response
WASHINGTON (Reuters) – The Federal Reserve’s carefully scripted decision to raise interest rates last December, and begin a return to “normal” policy, may now become a nightmare for the U.S. central bank if an economic downturn forces a return to uncon…
