Mazda expects delays to U.S. diesel car launch after VW scandal
TOKYO (Reuters) – Mazda Motor Corp expects delays to the launch of diesel-powered cars in the United States in the wake of the Volkswagen AG emissions test-rigging scandal, but it remains committed to a rollout, a senior executive said.
China’s Premier Li urges free trade talks with Germany
BEIJING (Reuters) – China and Europe should establish a feasibility study on free trade talks as soon as possible, China’s Premier Li Keqiang said on Thursday during a meeting with German Chancellor Angela Merkel.
Bank of Japan seen holding fire as output rebound offers some relief
TOKYO (Reuters) – The Bank of Japan is expected to hold monetary policy steady on Friday even while diluting its rosy inflation forecasts, sources say, clinging to the hope a tightening job market will underpin consumption and help the economy emerge f…
Valeant’s ambitious plan for its contact lens business
NEW YORK (Reuters) – Valeant Pharmaceuticals International has pursued a plan in recent months to dominate the market for specialty contact lenses, according to two people familiar with the company’s approach and some of the company’s communications with its customers.
Crude oil futures hold gains after Fed sits pat on rates, inventory build
TOKYO (Reuters) – Crude futures held on to strong gains in early Asian trading on Thursday, after the U.S. Federal Reserve kept rates unchanged and a weekly government report on oil stockpiles showed an inventory build that was within expectations.
Senators call for scrutiny of Walgreens-Rite Aid deal
(Reuters) – Two influential U.S. senators called for close scrutiny of Walgreens Boots Alliance Inc’s plan to buy Rite Aid Corp for $9.4 billion, a deal that would unite two of the three biggest U.S. drugstore chains.
Fed puts December rate hike firmly on the agenda
WASHINGTON (Reuters) – The U.S. Federal Reserve kept interest rates unchanged on Wednesday and in a direct reference to its next policy meeting put a December rate hike firmly in play.
GM promises additional U.S. investment to secure 3,300 jobs
DETROIT (Reuters) – General Motors Co has promised the United Auto Workers union it will invest an additional $1.9 billion in its U.S. factories to secure 3,300 union jobs, and pay higher wages and bonuses under a proposed four-year contract.
Senators call for scrutiny of Walgreens-Rite Aid deal
(Reuters) – Two influential U.S. senators called for close scrutiny of Walgreens Boots Alliance Inc’s plan to buy Rite Aid Corp for $9.4 billion, a deal that would unite two of the three biggest U.S. drugstore chains.
Wall Street climbs as Fed puts December rate hike in play
(Reuters) – U.S. stocks ended sharply higher on Wednesday after a volatile session as the Federal Reserve gave a vote of confidence in the U.S. economy by signaling a December interest rate hike was still on the table.
