Areva must lay out strategy before any financial operation: Macron
PARIS (Reuters) – State-controlled nuclear group Areva must lay out its industrial strategy and clearly present its financial situation before the French state will consider any financial operation, Economy Minister Emmanuel Macron told Reuters on Tues…
New Tag Heuer boss replaces top managers in turnaround drive
PARIS (Reuters) – The new head of Tag Heuer, luxury group LVMH’s biggest watch brand, has replaced half a dozen top managers as part of a drive to revive sales, he told Reuters.
HSBC marks muted 150th birthday party with grain of rice sculptures
HONG KONG (Reuters) – HSBC Holdings Plc toned down celebrations for its 150th anniversary on Tuesday, centering events on Hong Kong where it was founded, after being rocked by allegations its Swiss unit helped clients dodge taxes.
Futures dip after Dow, S&P records and Nasdaq 5,000
NEW YORK (Reuters) – U.S. stock index futures edged lower on Tuesday, after the Dow and S&P marched to new record highs and the Nasdaq topped the 5,000 mark for the first time in 15 years.![]()
Strong German retail sales keep European shares near seven-year highs
LONDON (Reuters) – European shares rose close to seven-year highs on Tuesday as better than expected German retail sales further buoyed investors days before the European Central Bank kicks off a trillion-euro bond buying program.
Barclays gives information to U.S. precious metals probe
LONDON (Reuters) – Barclays has been providing information to an investigation into precious metals by the U.S. Department of Justice (DoJ), the bank said in its 2014 annual report on Tuesday, a week after a similar statement by HSBC.
Saudi king keeps close hand on oil in remodelling strategic team
RIYADH (Reuters) – Saudi Arabia’s subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch’s inner circle a firmer hand on the kingdom’s oil strategy than previous rulers have enjoye…
Weak U.S. consumer spending points to slower first-quarter growth
WASHINGTON (Reuters) – U.S. consumer spending fell for a second straight month in January as households continued to cut back on purchases, opting to save much of the massive windfall from cheaper gasoline. ![]()
Volkswagen on track with efficiency program: CEO
FRANKFURT (Reuters) – Volkswagen is optimistic it will reach its cost saving targets, which should help the company to narrow the profit gap with international rivals.
United Airlines sees potential fit for Boeing 777-300ER, not yet 777X
(Reuters) – United Airlines has no immediate interest in purchasing 777X aircraft from Boeing Co but views the plane’s predecessor, the 777-300ER, as a potentially good fit for its network, the carrier’s Chief Financial Officer, John Rainey, told Reute…




