U.S. retail group sees holiday sales growth slowing this year
(Reuters) – U.S. holiday season sales will increase by 3.7 percent in 2015, marking slightly slower growth than last year as consumers fret about a potential government shutdown and sluggish income growth, the leading retail industry group said on Thur…
Equity rally stalls as German data casts cloud over global growth
LONDON (Reuters) – Global stocks held just off three-week highs on Thursday after unexpectedly weak trade and machinery orders data from Germany and Japan hinted that recovery momentum is stalling in more of the world’s biggest economies.
Dell in talks to buy data storage company EMC
(Reuters) – Dell Inc [DI.UL], the world’s third largest personal computer maker, is in talks to buy data storage company EMC Corp , a person familiar with the matter said, in what could be one of the biggest technology deals ever.
Sony cuts U.S. prices for PlayStation 4 ahead of holiday season
TOKYO (Reuters) – Sony Corp said it was cutting the price of its PlayStation 4 videogame console to around $350 from $400 to boost sales ahead of the year-end holiday season.
Uniqlo to rein in U.S. store openings after missing profit guidance
TOKYO (Reuters) – Japanese clothing firm Fast Retailing Co said on Thursday it would open fewer U.S. stores for its core Uniqlo brand this year after a rapid expansion failed to entice customers, leading to a lower-than-forecast annual profit.
Volkswagen plays down hopes of quick answers over emissions cheating
WOLFSBURG, Germany (Reuters) – Volkswagen said on Wednesday it would take time to get to the bottom of its rigging of diesel emissions tests, hours before the carmaker is due to give updates on its findings to German regulators and U.S. lawmakers.
Fiat Chrysler, U.S. union UAW reach tentative agreement
DETROIT/KOKOMO, Ind. (Reuters) – Fiat Chrysler Automobiles NV and the United Auto Workers said on Thursday they had reached a new tentative four-year labor agreement that averted a threatened strike of the automaker’s U.S. operations.
China’s graft watchdog investigates former Sinopec chairman
SHANGHAI (Reuters) – Chinese authorities have placed the governor of Fujian province, who is also the former chairman of China Petroleum and Chemical Corporation, under investigation on suspicion of “serious disciplinary violations”, China’s anti-graft…
VW’s U.S. recall could be thwarted by reluctant diesel owners
SAN FRANCISCO (Reuters) – As Volkswagen AG prepares to explain how it might fix the polluting diesel cars that set off the biggest scandal in the German automaker’s history, whatever solution it proposes could be undermined by some owners in the United…
UAW reaches tentative deal with Fiat Chrysler on new contract
(Reuters) – The United Auto Workers U.S. union has reached a tentative deal with Fiat Chrysler Automobiles NV on a new four-year contract, the Union said early Thursday.
