Kremlin reiterates Ukraine must pay off debt to Moscow or face court
MOSCOW (Reuters) – Russia’s position on Ukraine’s $3 billion debt to Russia remains unchanged and Kiev must pay it off or face a court case, Kremlin spokesman Dmitry Peskov said on Wednesday.
Boeing says China Postal Airlines orders ten 737-800 converted freighters
SINGAPORE (Reuters) – U.S. aircraft maker Boeing Co has signed a deal to supply 10 737-800 passengers jets converted into freighters to cargo carrier China Postal Airlines. ![]()
China slowdown sinks Asia sentiment to four-year low: Thomson Reuters/INSEAD
SINGAPORE (Reuters) – Sentiment at some of Asia’s biggest firms deteriorated again in the fourth quarter, falling to a four-year low under the weight of concerns about slowing growth in China, the region’s biggest economy, a Thomson Reuters/INSEAD surv…
Toyota sees 2016 global sales flat
TOKYO (Reuters) – Toyota Motor Corp said it expected group-wide global vehicle sales to stay flat in 2016 at 10.11 million vehicles, likely keeping it ahead of rivals Volkswagen AG and General Motors Co as the world’s top-selling automaker.
For some on Wall Street, energy stocks are back in favor for 2016
NEW YORK (Reuters) – While many investors have been wary of taking chances on the battered energy space, a sizeable minority of Wall Street strategists are betting on a pickup in oil prices next year and recommending energy stocks.
Australia banks agree Android Pay deal, Apple Pay still frozen out
SYDNEY (Reuters) – Big Australian banks have agreed to accept payments made on mobile devices using Google Inc’s Android Pay, leaving Apple Inc’s rival Apple Pay system out in the cold as the tech giant struggles to coax lenders to accept its terms.
President Xi says China will guarantee foreign companies’ legal rights
WUZHEN, China (Reuters) – China will guarantee foreign companies’ legal rights, President Xi Jinping said on Wednesday at the country’s second annual World Internet Conference in Wuzhen.
Chinese environmental group sues Volkswagen over emissions scandal
BEIJING (Reuters) – A Chinese environmental group said it has sued Volkswagen AG over its use of software to rig emissions tests, in what state-owned media calls the first public interest lawsuit over the scandal in the German company’s biggest global …
China weakness drives Prada quarterly profit down 38 percent
HONG KONG/MILAN (Reuters) – Italian luxury goods maker Prada reported a 38 percent fall in quarterly profit on Tuesday, hit by slumping sales in Greater China as the country’s economic growth slowed.
Nasdaq Co-President Adena Friedman to be named chief operating officer: source
(Reuters) – Securities exchange operator Nasdaq Inc’s Co-President Adena Friedman will be named chief operating officer (COO) on Wednesday, according to a source with direct knowledge of the matter.




