Hong Kong retail rents drop as Chinese shoppers stop
HONG KONG (Reuters) – A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas that just three years ago pipped New York’s Fifth Avenue to become the world’s most expensive retail re…
Soros says ready to invest $1 billion in Ukraine if West helps
VIENNA (Reuters) – Billionaire financier George Soros is ready to invest $1 billion in Ukraine, if Western countries help private investment there. He also put the odds of Greece leaving the euro at a third, in an interview with Austrian newspaper Der …
Denmark applies to join China-backed AIIB investment bank
BEIJING (Reuters) – (This March 29, 2015 story was refiled to add a dropped word in first paragraph)
GM’s Cadillac CT6 tests strategy for taking fat out of big cars
NEW YORK (Reuters) – When General Motors Co takes the wraps off its new Cadillac CT6 on Tuesday the most important thing about the vehicle could be what is under its skin.
Ford revives the Lincoln Continental, aims at U.S. and China
NEW YORK (Reuters) – Ford Motor Co will resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand’s image in the United States and China.
South Korea picks KAI, with Lockheed, for $7.9 billion fighter jet development
SEOUL (Reuters) – South Korea chose on Monday Korea Aerospace Industries Ltd , which expects to partner Lockheed Martin Corp , to develop a mid-level fighter jet that will cost around 8.7 trillion won ($7.88 billion).
Oman Air says orders 20 Boeing 737s; to double fleet by 2020
SINGAPORE (Reuters) – Flag carrier Oman Air has ordered 20 Boeing Co 737 aircraft as part of a plan to double its fleet to 70 planes by 2020, Chief Executive Paul Gregorowitsch said on Monday.
Volvo Cars to build U.S. plant to spearhead sales recovery
PARIS (Reuters) – Volvo Cars will invest $500 million in its first U.S. assembly plant under plans announced on Monday, plugging a longstanding gap in the Swedish carmaker’s manufacturing base as it pursues a global comeback under Chinese ownership.
Juror in gender lawsuit sympathized with Pao, sided with Kleiner
SAN FRANCISCO (Reuters) – To some Silicon Valley watchers, the Kleiner Perkins Caufield & Byers gender discrimination case became a referendum on the challenging state of women in technology. But for the lone woman in technology on the jury, an at times unfriendly workplace did not amount to gender discrimination at the powerful venture capital firm. 
Western banks axed 59,000 jobs last year, more cuts to come in Europe
LONDON (Reuters) – Top European and U.S. banks axed 59,000 jobs last year as they restructured and cut costs, with headcount expected to shrink further in Europe as bosses strive to improve profitability that has been hit hard by tougher regulation.
