Dollar at two-month low as Fed easing whispers start
LONDON (Reuters) – The dollar fell to its lowest since August after weak U.S. data and company results, while a two-month high for Asian indexes helped world shares bounce back from two days of losses.
Slowing growth casts sober light on AB InBev’s African dreams
JWANENG, Botswana (Reuters) – It’s clocking-off time at the world’s biggest diamond mine and Rumours Bar on the edge of the Kalahari is stocked with chilled Carling Black Label and Castle Lite, two of the beers most favored by blue collar workers across southern Africa.
Mega beer deal set to reignite Japanese brewers’ foreign ambitions
TOKYO (Reuters) – The planned $100 billion merger of Anheuser-Busch InBev and SABMiller will be a wake-up call to the overseas ambitions of Japanese brewers, which are struggling to grow at home in a saturated market with a shrinking population.
Italian police search Lamborghini’s headquarters: source
BOLOGNA (Reuters) – Italian finance police are searching the headquarters of sports car maker Lamborghini, an investigative source said on Thursday, as part of a criminal investigation into alleged commercial fraud by parent company Volkswagen.
Tesla unveils autopilot system, but don’t let go of the wheel
PALO ALTO, Calif. (Reuters) – Newer Tesla Motors Model S sedans will be able to steer and park themselves under certain conditions starting Thursday, the carmaker said, although Chief Executive Officer Elon Musk cautioned that drivers should keep holdi…
Netflix blames weak U.S subscriber adds on new chip-based cards
(Reuters) – Video-streaming service provider Netflix Inc reported third-quarter U.S. subscriber additions below its own forecast, blaming a transition to chip-based cards for the miss.
Fed hike more problematic for global economy than before: ECB
FRANKFURT (Reuters) – U.S. rate hikes could have greater global repercussions than in the past and affect the euro zone more in some respects than the domestic market, European Central Bank Vice President Vitor Constancio said on Thursday.
Julius Baer says reports on its FIFA involvement are wrong
ZURICH (Reuters) – Swiss private bank Julius Baer said on Thursday media reports about its involvement with world soccer body FIFA were incorrect.
Exclusive: Canada’s Linamar in talks to buy French auto-parts maker Montupet- sources
LONDON/FRANKFURT (Reuters) – Canadian auto parts manufacturer Linamar Corp is in talks to buy French peer Montupet in a deal that values the company at roughly 800 million euros ($914.96 million), two sources familiar with the matter said on Wednesday….
China economic growth seen slowing despite policy easing
BEIJING (Reuters) – China’s economic growth is expected to slow to 6.5 percent in 2016 from an expected 6.8 percent in 2015, even as the central bank eases policy further to ward off a sharper slowdown, a Reuters poll showed.
