Toyota to launch new Prius from year-end, starting in Japan
TOKYO (Reuters) – Toyota Motor Corp plans to sell a new version of its Prius petrol-electric hybrid from the end of 2015 in Japan and in other regions thereafter, at a time when tumbling gasoline prices are sapping demand for environment-friendlier car…
Lufthansa pilots strike for second day, 1,000 flights canceled
FRANKFURT (Reuters) – Pilots at German airline Lufthansa started a second day of strikes on Wednesday, grounding around 1,000 flights and affecting 140,000 passengers, and said more strikes would come if management did not improve their offer in a row …
China changes GDP data calculation method to improve accuracy
BEIJING (Reuters) – China’s statistics bureau said on Wednesday it has changed the way quarterly gross domestic product data is calculated, a move it calls a step to adopt international standards and improve the accuracy of Chinese numbers.
Quiksilver files for Chapter 11 bankruptcy protection for U.S. units
(Reuters) – Troubled surf and skate clothing seller Quiksilver Inc filed for Chapter 11 bankruptcy protection for its U.S. units on Tuesday, hurt by falling demand.
Instagram opens up to advertisers worldwide
SAN FRANCISCO (Reuters) – Instagram opened its platform to most advertisers across the globe on Wednesday as the photo-sharing app seeks to make more money and compete with popular rivals such as Snapchat.
Aerojet makes $2 billion offer for Lockheed-Boeing joint venture: sources
WASHINGTON (Reuters) – Aerojet Rocketdyne Holdings Inc submitted a $2 cash billion offer to buy United Launch Alliance (ULA), a satellite launch provider jointly held by Lockheed Martin Corp and Boeing Co , sources familiar with the matter said Tuesday…
Yahoo may have to pay taxes on Alibaba spinoff
(Reuters) – Yahoo Inc may have to pay taxes on the $23 billion it hopes to get from the planned spinoff of its stake in Alibaba Group Holdings Ltd , threatening a key element of Chief Executive Officer Marissa Mayer’s turnaround strategy.
United Airlines CEO Jeff Smisek steps down amid probe
(Reuters) – United Continental Holdings Inc said on Tuesday Chief Executive Jeff Smisek had stepped down in connection with a federal probe of the airline, and that two other senior executives tied to the investigation would also be leaving.
Aerojet makes $2 billion offer for Lockheed-Boeing joint venture: sources
WASHINGTON (Reuters) – Aerojet Rocketdyne Holdings Inc has submitted a $2 billion offer to buy United Launch Alliance (ULA), a spacecraft launch services provider that is a joint venture of Lockheed Martin Corp and Boeing Co , according to sources fami…
Warren Buffett says Berkshire Hathaway still shopping abroad
NEW YORK (Reuters) – Billionaire investing icon Warren Buffett said on Tuesday there are dozens of countries in which his sprawling Berkshire Hathaway Inc conglomerate would be interested in buying new businesses.
