Greece worries leave Europe subdued, Asia makes gains
LONDON (Reuters) – Caution about Greece ahead of a meeting between its prime minister and Germany’s Angela Merkel prompted a nervy start to the week for European markets on Monday.
Exclusive: CN Rail derailment numbers soared before recent crashes
TORONTO (Reuters) – Canadian National Railway’s safety record deteriorated sharply in 2014, reversing years of improvements, as accidents in Canada blamed on poor track conditions hit their highest level in more than five years, a Reuters analysis has …
Fed’s Mester urges shift in forward guidance role
PARIS (Reuters) – The forward guidance issued by the Federal Reserve should gradually evolve back to its “normal” role of communicating the thinking behind policy moves, Cleveland Fed President Loretta Mester told a bankers’ conference in Paris on Mond…
New Halfords boss swaps burgers for bikes and car parts
LONDON (Reuters) – British bikes-to-car parts retailer Halfords said on Monday it had appointed an executive of burger firm McDonald’s to be its new boss.
Honda hires U.S. engineering firm Exponent to probe Takata air bags
TOKYO (Reuters) – Honda Motor Co has hired Exponent, a U.S.-based engineering consulting company enlisted by Toyota Motor Corp during its recall crisis in 2010, to investigate the cause of ruptures in some air bags made by Takata Corp .
BOJ’s Kuroda: Told PM Abe Japan’s long-term price trend unchanged
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said he told Prime Minister Shinzo Abe on Monday that inflation is slowing due to a decline in oil prices but there is no change in the long-term rising trend for consumer prices as the economy i…
Uber ties up with Times Internet for India expansion
NEW DELHI (Reuters) – Uber Technologies Inc, the online ride-hailing company, has entered into a “strategic partnership” with India’s Times Internet, as it looks to expand operations in its largest market outside the United States.
U.S. faces meager options for further Russia energy sanctions
WASHINGTON (Reuters) – The United States will struggle to follow through on threats to impose deeper sanctions on the Russian energy sector, as European fears over collateral economic damage leave President Barack Obama’s administration with diminished…
U.S. refiners turn to tanker trucks to avoid ‘dumbbell’ crudes
HOUSTON (Reuters) – In a pressing quest to secure the best possible crude, U.S. refiners are increasingly going straight to the source.
Tough decisions as endgame nears for Indian conglomerate Sahara
MUMBAI (Reuters) – India’s highest court will decide the future of conglomerate Sahara later on Monday, when it rules on whether time has run out for the controversial business empire to raise the $1.6 billion it needs to free its jailed chief.
