Glencore tells investors debt is being cut, trading robust
By Dmitry Zhdannikov, Sarah McFarlane and Olivia Kumwenda-Mtambo
UniCredit appoints Mingrone as group CFO
MILAN (Reuters) – Italy’s biggest bank by assets, UniCredit , appointed Bernardo Mingrone as its new group chief financial officer, it said on Thursday.
Global stocks fight back after third quarter beating
LONDON (Reuters) – World stocks and commodities got 2015’s final leg off to a solid start on Thursday after a bruising third quarter, as surveys of Chinese factory activity proved sounder than many global investors had feared.
Toshiba may axe TV & PC workers, seek partner for nuclear operations-CEO
TOKYO (Reuters) – Toshiba Corp may lay off staff in its underperforming home appliances, TV and PC businesses and seek a partner for its nuclear operations to overhaul the company after a $1.3 billion accounting scandal, its chief executive said on Thu…
From heroes to bystanders? Central banks’ growth challenge
WASHINGTON/FRANKFURT (Reuters) – Central bankers who led the charge to pull the global economy from a cliff during the financial crisis now risk becoming bit players, ill-equipped to snap the world out of sluggish growth and its addiction to cheap cred…
SoftBank leads $1 billion investment in U.S. fintech startup SoFi
TOKYO (Reuters) – SoftBank Group Corp said it had led a $1 billion investment in U.S. financial technology startup SoFi, calling it the largest single financing round in the fintech space to date.
Wal-Mart to cut hundreds of jobs at headquarters
(Reuters) – Wal-Mart Stores Inc is planning to lay off hundreds of people at its headquarters in Arkansas as part of the retail giant’s efforts to pare costs, people familiar with the matter said.
Exclusive: Bombardier seeking investors for all business units – sources
WASHINGTON/NEW YORK/TORONTO (Reuters) – Canada’s Bombardier Inc is exploring the sale of a stake in any of its business areas, not just its rail unit, to ensure it can finish development of its delayed CSeries jet, according to four sources familiar wi…
Oil edges up on estimate of strong demand, Syria risks
SINGAPORE (Reuters) – Crude oil prices edged up in early Asian trading on Thursday as demand was estimated to have remained strong despite slowing economic growth in Asia, and as Russian and western air campaigns in Syria worried markets.
Pacific trade partners make progress on autos hurdle
ATLANTA (Reuters) – Negotiators trying to clinch a Pacific Rim free trade deal made progress toward resolving a key issue on Wednesday when Canada and Mexico signaled a willingness to open the North American auto market to more parts made in Asia, peop…
