Taco Bell joins fast-food booze bandwagon with new U.S. eateries
(Reuters) – Yum Brands Inc’s <YUM.N > Taco Bell chain next week will debut a new restaurant concept that dumps the drive-thru and brings on the booze as it seeks to appeal to hip, young city dwellers and fend off popular rival Chipotle Mexican Gr…
World Bank economists warn Fed hikes may be bumpy for emerging markets
WASHINGTON (Reuters) – A rise in market expectations for U.S. interest rates as the Federal Reserve starts to normalize policy could cut capital inflows to emerging markets by as much as 45 percent, World Bank economists said in a paper published on Tu…
Rules for ‘dark pool’ trading need strengthening: report
WASHINGTON (Reuters) – U.S. regulators need to accelerate their efforts beef up the rules governing “dark pool” trading platforms to better protect investors from poor trade execution and conflicts of interest, according to a new report released Tuesda…
Monte dei Paschi shareholders appoint Tononi as new chairman
SIENA, Italy (Reuters) – Shareholders at Italy’s Monte dei Paschi di Siena approved on Tuesday the appointment of Massimo Tononi, former head of the Milan stock exchange, as chairman of the bank.
Jaguar Land Rover sales will rise in 2015 despite China drop: CEO
FRANKFURT (Reuters) – Luxury carmarker Jaguar Land Rover expects sales this year to exceed those in 2014, with Britain, Europe and the United States compensating for a sharp decline in the Chinese market, its chief executive said.
GM has sufficient scale to go it alone, CEO says
FRANKFURT (Reuters) – General Motors boss Mary Barra reiterated on Tuesday that a tie-up with Fiat Chrysler was not in her shareholders’ best interest and the U.S. carmaker has the scale to pursue its investments in new technologies on its own.
China falls drag stocks back into red
LONDON (Reuters) – Concerns over China kept financial markets on edge on Tuesday, with an underwhelming reaction to recent data and Beijing’s efforts at corporate reform helping push European and Asian stocks lower.
BMW CEO faints on stage at Frankfurt auto show
FRANKFURT (Reuters) – German luxury carmaker BMW’s new chief executive, Harald Krueger, fainted on stage at the Frankfurt auto show on Tuesday, a Reuters witness reported.
Asia trade deal unites U.S. Gulf and Vietnamese shrimpers in worry
BURAS, La./Ho Chi Minh City (Reuters) – Savun Sim looked dejected as a large plastic vacuum hose sucked 2,600 pounds of wild Gulf of Mexico shrimp from his trawler’s ice hold.
UAW, Fiat Chrysler labor talks continue past deadline in U.S
DETROIT (Reuters) – The United Auto Workers union said early Tuesday it will keep talking with Fiat Chrysler Automobiles to reach a new contract for the automaker’s U.S. factory workers, delaying a possible strike at its most profitable operations.
