StanChart was still reviewing Iran-related clients in 2013: FT
LONDON (Reuters) – Standard Chartered was still reviewing if some of its clients were Iranian or Iran-connected entities in 2013, the Financial Times said, saying it had identified transactions that could put the bank at risk of more U.S. penalties.
China, Russia to sign jet agreement by end-2015: newspaper
BEIJING (Reuters) – China and Russia are set to sign an agreement on developing a wide-bodied airliner before the end of the year, the China Daily reported on Monday, quoting the president of Russia’s state-controlled United Aircraft Corp, Yury Slyusar…
Taiwan’s Hon Hai offers to buy Sharp’s LCD business, wants Apple funds: Nikkei
TOKYO (Reuters) – Taiwan’s Hon Hai Precision Industry Co offered to buy Sharp Corp’s struggling liquid panel display business and plans to seek funding from Apple Inc , the Nikkei business daily reported on Monday.
Barrick says strong interest in U.S. gold asset sale
(Reuters) – There has been strong interest in a package of six U.S. gold assets that Barrick Gold Corp wants to sell, a senior Barrick executive said on Sunday, adding that he expects a deal to close before year end.
Chinese firms show resilience in third quarter: private survey
SHANGHAI (Reuters) – Profit margins at Chinese firms improved in the third quarter while loan demand remained weak, a private survey showed , with the overall results suggesting the stock market crash would have minimal impact on the broader economy.
GoPro shares could fall due strong competition: Barron’s
(Reuters) – U.S. video camera maker GoPro Inc shares could plunge to $25 from a recent $35 as its latest product launch underwhelms consumers and competition comes on strong, Barron’s said in a report on Sunday.
Volkswagen to halt U.S. sales of some 2015 diesel cars
FRANKFURT/HAMBURG (Reuters) – Volkswagen told U.S. dealers to halt sales of some 2015 diesel cars after regulators found software it designed for the affected vehicles gave false emissions data, the company said Sunday, announcing it had launched an in…
Ralph Lauren is trading at a discount: Barron’s
(Reuters) – U.S. clothing design company Ralph Lauren looks like a buying opportunity, according to a report on Sunday in Barron’s financial newspaper, which said the company’s investment in new technology should lead to rising profit in coming years.
Cheap robots may shift car making from China to U.S.: Magna CEO
FRANKFURT (Reuters) – The falling cost of intelligent robots may help repatriate some car manufacturing work away from low-cost locations like China back to factories in Germany and North America, Donald Walker, Chief Executive of auto supplier Magna t…
Priceline Group looks at growing Cuba operation – spokeswoman
(Reuters) – Priceline Group Inc is looking at ways to grow its operation in Cuba in light of new rules the United States announced Friday that ease trade and investment restrictions with the Communist-ruled island.
