Obama says TPP a good deal but getting it to fly is ‘not easy’
MANILA (Reuters) – U.S. President Barack Obama said on Wednesday work towards the final stage of getting a Trans-Pacific Partnership (TPP) deal off the ground was not easy, even as he reiterated the pact was a good deal economically.”Execution is criti…
ON Semiconductor to buy Fairchild in $2.4 billion deal
(Reuters) – ON Semiconductor Corp said it would buy Fairchild Semiconductor International Inc in a $2.4 billion deal, the latest in a rapidly consolidating semiconductor industry.
Shunning protocol, Obama interviews Alibaba billionaire Ma
MANILA (Reuters) – U.S. President Barack Obama took time off at an Asia-Pacific summit on Wednesday for an unusual task – putting questions to Chinese internet billionaire Jack Ma and a young Filipina entrepreneur on government-business ties in a panel…
China October home prices rise for 1st time in 14 months, outlook cloudy
BEIJING (Reuters) – Home prices in China rose for first time in over a year in October on an annual basis, signalling a housing market stabilisation that could help re-energise the listless economy.
Ford’s Lincoln brand debuts new face for its best-selling model
(Reuters) – Ford Motor Co’s Lincoln brand is changing the look of its vehicles, starting with a new face for its best-selling model, the MKZ sedan.
Monsanto could take lead role in agchem acquisitions: executives
ST. LOUIS (Reuters) – Monsanto Co. executives are discussing whether they should acquire rivals, including top pesticide maker Syngenta AG, company executives said on Tuesday, as talk of consolidation continues in the global agrochemical industry.
Toyota says its fuel-cell vehicle gaining traction in California
LOS ANGELES (Reuters) – Toyota Motor Corp’s hydrogen fuel-cell vehicles are gaining traction in California, where 22 of the company’s Mirai cars have been delivered in its first month of availability, company officials said on Tuesday.
U.S. pursuing criminal cases against RBS, JPMorgan executives: WSJ
(Reuters) – Federal prosecutors are pursuing criminal cases against executives from the Royal Bank of Scotland Group and JPMorgan Chase & Co for allegedly selling flawed mortgage securities, the Wall Street Journal reported on Tuesday, citing unnamed sources.
Taxi owners, lenders sue New York City over Uber
NEW YORK (Reuters) – Taxi owners and lenders on Tuesday sued New York City and its Taxi and Limousine Commission, saying the proliferation of the popular ride-sharing business Uber was destroying their businesses and threatening their livelihoods.
Japan regulators mulling $60 million fine for Toshiba: Nikkei
TOKYO (Reuters) – Japan’s securities watchdog is likely to recommend a fine of about 7.5 billion yen ($60 million) for scandal-hit Toshiba Corp for cooking its books over the past seven years, the Nikkei business daily reported on Wednesday.
