U.S. import prices point to smaller drag on inflation
WASHINGTON (Reuters) – U.S. import prices fell only slightly in September, offset by recovering oil prices, suggesting a slowdown in the rate of imported deflation is occurring which may eventually allow the Federal Reserve to raise interest rates.
Sturdy quarter likely for financials, but ETF investors cautious
NEW YORK (Reuters) – The financial sector is expected to be a bright spot for U.S. earnings growth in the third quarter, but options traders are playing it safe by snapping up protection against any surprises.
China concerns leave central banks in difficult spot
LONDON (Reuters) – The coming week will provide clues on whether the global economy is escaping from its lackluster growth rut, amid growing concerns of another downturn which central banks have few tools left to fight.
No impact on used VW diesel car prices in Europe from scandal: survey
LONDON (Reuters) – The emissions-cheating scandal shaking Volkswagen has not affected the price of used VW diesel cars in Europe, a car valuation firm said on Friday, while warning that could change later in the year.
Fed’s Lockhart still sees 2015 rate hike despite recent red flags
NEW YORK (Reuters) – A U.S. interest rate hike is still probably coming in October or December despite some conflicting economic signals, a top Federal Reserve official said on Friday, reinforcing the central bank’s message over the last few weeks.
U.S. wholesale inventories rise slightly in August
WASHINGTON, (Reuters) – U.S. wholesale inventories rose in August, boosted by larger stocks of computers and professional equipment used by businesses.
AB InBev bid for SABMiller helps lift global M&A levels to record high
LONDON (Reuters) – The level of announced mergers and acquisitions (M&A) for the year has reached an all-time high, helped by Anheuser-Busch InBev’s record $100 billion offer for London-listed brewer SABMiller , Thomson Reuters data showed on Friday.
House slams regulators for not catching VW for years
WASHINGTON (Reuters) – Volkswagen AG’s U.S. chief executive blamed “individuals” for using software to cheat on diesel emissions at a House hearing on Thursday as lawmakers attacked federal environmental regulators for failing to catch the fraud for ye…
Apple Pay to expand to Starbucks, Chili’s, KFC
HALF MOON BAY, Calif (Reuters) – Starbucks Corp coffee shops will begin accepting Apple Inc’s mobile payment system in a pilot program starting this year, Apple Vice President Jennifer Bailey said on Thursday.
EMC-Dell talks highlight Elliott’s clout across tech sector
(Reuters) – Acquisition talks between EMC Corp. and Dell Inc. are significant not just for the size of the potential transaction but also for a common element behind this and dozens of other major tech deals over the past decade: Elliott Management.
