Japan’s Abe unlikely to tackle hard reforms in next term: economists
TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe looks set to win a rare second consecutive term but economists predict he won’t use that victory to push through bold reforms such as labor market changes that are considered vital for long-term grow…
China revises down 2014 GDP growth to 7.3 percent from 7.4 percent
BEIJING (Reuters) – China has revised its annual economic growth rate in 2014 to 7.3 percent from the previously released figure of 7.4 percent, the National Bureau of Statistics said on Monday.
Apple to launch Apple TV with gaming focus: NY Times
(Reuters) – Apple Inc will make gaming a key part of an Apple TV product it is expected to unveil at an event on Wednesday, according to a New York Times online report on Sunday.
Lean manufacturing transforms Wisconsin maker of U.S. Navy warships
MARINETTE, Wis. (Reuters) – Big investments, lean manufacturing techniques borrowed from the automotive industry, and a more engaged workforce have revamped the Wisconsin shipyard where Italy’s Fincantieri SpA builds the Freedom variant of the U.S. Nav…
Businesses hail Renzi’s reforms, urge more to speed Italy’s upturn
CERNOBBIO, Italy (Reuters) – U.S. computer company Hewlett-Packard is considering increasing investments and hiring new workers in Italy after years of downsizing, because, it says, it has faith, for the first time in a while, that the country is on th…
Germany to beat export record despite China worries: trade body
BERLIN (Reuters) – Germany will set another export record this year despite recent worries of an economic slowdown in China, the head of the German trade association said in an interview published on Sunday.
Global concerns may shrink Wall Street’s third-quarter estimates
NEW YORK (Reuters) – Slowing growth in emerging markets and currency fluctuations in anticipation of a U.S. interest rate hike may push third-quarter revenue and earnings estimates lower this month.
Fiat Chrysler CEO says pursuing merger with GM a ‘high priority’
MONZA, Italy (Reuters) – Fiat Chrysler Automobiles (FCA) boss Sergio Marchionne said on Sunday that seeking a tie-up with General Motors was a “high priority” and such a deal would also be the best strategic option for its U.S. rival.
German publisher Axel Springer to exit Russia: RBC news agency
MOSCOW/FRANKFURT (Reuters) – German publisher Axel Springer is withdrawing from its Russian business, Russian news agency RBC reported at the weekend, citing two media sources and a government source.
Brazil needs temporary tax hike, Rousseff’s chief of staff says
BRASILIA (Reuters) – Brazil needs a temporary tax increase to reduce a budget deficit that threatens the country’s debt rating, the presidential chief of staff said in an interview published on Sunday.
