ECB’s Draghi says too early to decide on further stimulus
BRUSSELS/FRANKFURT (Reuters) – Risks to Europe’s inflation and growth outlook have increased due to the emerging market slowdown but the European Central Bank needs more time before deciding on further stimulus, ECB President Mario Draghi said on Wedne…
U.S. Navy’s F-35 test to include new helmet, full weapons load
FORT WORTH, Texas (Reuters) – The U.S. Navy’s next round of carrier testing of the Lockheed Martin Corp F-35C stealth fighter jet will include new helmets and jets fully loaded with internal weapons, a company official told Reuters.
Oil tumbles; large gasoline build trumps U.S crude draw
NEW YORK (Reuters) – Global oil markets tumbled on Wednesday, with U.S. crude futures settling down 4 percent after bullish impact from lower crude inventories was offset by large gasoline builds that raised concerns about high autumn fuel supplies.
Weak factories data weigh on shares; euro rises
NEW YORK (Reuters) – Wall Street stock prices fell on Wednesday, dragged down by economic reports portraying U.S. factories growth as tepid and China in its worst manufacturing contraction since the global financial crisis.
Boeing to sell 300 jets to China firms, set up China plant: Xinhua
BEIJING (Reuters) – Boeing Co has signed deals to sell 300 aircraft to three Chinese firms and set up an aircraft plant in China, becoming the first U.S. firm to clinch a business tie-up in the country since Chinese president Xi Jinping began a U.S. st…
Special Report: Why RBS may pay small firms it allegedly ruined
LONDON (Reuters) – One morning in May, the chief executive of Royal Bank of Scotland, one of Britain’s biggest banks, called together his senior executives for an urgent briefing. Ross McEwan had just attended a meeting with officials at the financial regulator and had important news. 
Total trims investments to put dividend at heart of strategy
LONDON/PARIS (Reuters) – French oil and gas major Total put the protection of its dividend at the center of its strategy on Wednesday, as it set out reduced investment plans and increased cost cuts in preparation for an extended period of depressed oil…
U.S. factory activity stuck at near two-year low in September: Markit
NEW YORK, (Reuters) – Growth in the U.S. manufacturing sector showed no month-over-month change during September, staying at August’s sluggish pace which was the weakest in almost two years, according to an industry report released on Wednesday.
Bill Gross urges Fed to ‘get off zero and get off quick’ on rates
NEW YORK (Reuters) – Bond guru Bill Gross, who has long called for the Federal Reserve to raise interest rates, urged the U.S. central bank on Wednesday to “get off zero and get off quick” as zero-bound levels are harming the real economy and destroyin…
Europe’s resilience trumps another China slump
LONDON (Reuters) – European shares rose on Wednesday after business activity data pointed to steady growth across the continent, contrasting starkly with figures that showed the biggest contraction in China’s manufacturing sector since the global finan…
