Mitsubishi mum on report it will end U.S. car production
DETROIT (Reuters) – Mitsubishi Motors Corp, faced with declining U.S. demand and an expiring union contract at its only plant in North America, declined to comment Thursday on a report that it planned to end auto production in this country.
Laws passed, Greece to open bailout talks as recession pushes goals further
ATHENS/BRUSSELS (Reuters) – Greece’s creditors prepared on Thursday for the start of bailout talks in Athens, after lawmakers adopted a second package of reform measures before dawn despite a left wing rebellion that may bring early elections.
China slowdown? Depends on where you look
NEW YORK (Reuters) – Many U.S. consumer companies are brushing aside worries that China’s weakening economy and sputtering stock market will dramatically damage their bottom lines even with early trouble signs in recent earnings reports.
Wall Street falls for third day as earnings fall short
(Reuters) – U.S. stocks fell for the third straight day on Thursday after disappointing corporate results and forecasts added to concerns about the U.S. profit outlook.
Syngenta spars with suitor Monsanto over takeover
ZURICH (Reuters) – Syngenta and unwanted U.S. suitor Monsanto squabbled over an earnings report from the Swiss pesticides maker on Thursday, with both sides claiming it strengthened their case in a $45 billion takeover battle.
Qualcomm’s potential break-up could lead to courtship with Intel
Wall Street says Intel Corp is the best suitor for Qualcomm Inc’s chip unit, if the maker of Snapdragon mobile processors decides to break itself up.
Japan’s Nikkei buys Financial Times in $1.3 billion deal
LONDON (Reuters) – Japanese media group Nikkei has agreed to buy the Financial Times from Britain’s Pearson for $1.3 billion, putting one of the world’s premier business newspapers in the hands of a company influential at home but little known outside …
Uber, Santander partnership on car loans is over
SAN FRANCISCO (Reuters) – A partnership between Uber Technologies and Banco Santander SA’s U.S. auto loan unit is over, Uber told Reuters, removing one of the country’s most prominent car lenders from a program trumpeted by the app-based ride service.
Rheinmetall, Thales interested in Airbus sensor business
FRANKFURT (Reuters) – German defense group Rheinmetall and French peer Thales are among several groups interested in a defense electronics business that plane maker Airbus is selling in an effort to streamline its operations, sources familiar with the …
Ford, UAW, formally begin labor talks; jobs to Mexico at issue
DETROIT (Reuters) – Leaders of the United Auto Workers union and Ford Motor Co started talks on a new labor contract on Thursday, with the specter of jobs fleeing to Mexico hanging over the proceedings.
