Samsung expects record Galaxy shipments, S6 edge shortage
SEOUL (Reuters) – Samsung Electronics Co Ltd expects record shipments for its new Galaxy S6 smartphones and said it will struggle to meet demand for the curved-edged version due to production constraints, adding to hopes for a turnaround in mobile sale…
State does not plan to keep extra Renault shares: Macron
PARIS (Reuters) – The French state has no intention of holding on to extra shares it is purchasing in car-maker Renault as part of an effort to maintain double voting rights acquired under a new law, Economy Minister Emmanuel Macron said on Thursday.
Exxon rejects Beaumont refinery union proposal; offers six-year pact
HOUSTON (Reuters) – Exxon Mobil Corp has rejected a contract offer from the United Steelworkers (USW) local chapter representing hourly workers at the company’s Beaumont, Texas, refinery and renewed its offer of a six-year contract, a union official sa…
Wall Street ends with modest gains after Fed minutes
NEW YORK (Reuters) – U.S. stocks ended a volatile session with modest gains on Wednesday after minutes from a U.S. Federal Reserve meeting indicated that the central bank remained on track for a interest rate hike this year.
GM mulls $1.3 billion expansion of Texas assembly plant
(Reuters) – General Motors Co is mulling a $1.3 billion expansion of its Arlington, Texas, assembly plant to boost production of its sport-utility vehicles, according to documents from the city.
Argentina sues Citibank over deal with holdout creditors
BUENOS AIRES (Reuters) – Argentina is suing Citibank Argentina in local courts for striking an illegal deal with a group of U.S. creditors fighting the government over unpaid debt, its economy minister said on Wednesday.
JPMorgan CEO defends bank size and breadth of product offerings
NEW YORK (Reuters) – Jamie Dimon, chief executive officer of JPMorgan Chase & Co, the biggest U.S.-based bank, defended the size and business model of his company, which has been criticized as being too big and complicated.
Airbus eyes new seat choices as economy traffic booms
PARIS/BERLIN (Reuters) – Airbus plans to offer airlines more choice in the way they configure their planes, and sees carriers opting for different levels of comfort within their economy cabins, a senior Airbus executive said on Wednesday.
Court questions Google on patent values in Microsoft case
SAN FRANCISCO (Reuters) – A U.S. appeals court appeared skeptical on Wednesday toward Google Inc’s bid to charge Microsoft Corp a high royalty rate to use some of the Internet search provider’s Motorola Mobility patents.
Wall Street ends with modest gains after Fed minutes
NEW YORK (Reuters) – U.S. stocks ended a volatile session with modest gains on Wednesday after minutes from a U.S. Federal Reserve meeting indicated that the central bank remained on track for a interest rate hike this year.
