From Grand Theft Auto to Wall Street: Trading apps woo gamers
LONDON (Reuters) – Twenty-something consumers raised on video games such as Grand Theft Auto and Angry Birds are being wooed by financial trading apps, keen to build bridges with a post-crisis generation that is uninterested in financial services or pl…
Daimler recalls 149,000 Mercedes cars in China and Germany
FRANKFURT (Reuters) – Daimler is recalling about 149,000 Mercedes cars in China and Germany for safety reasons, it said on Monday.
GM gets 75 more claims for faulty ignition switch compensation
(Reuters) – General Motors Co has received 75 claims for compensation for ignition switch defects in its cars last week, bringing the total to 4,312, the official administering the compensation program said on Monday.
Hyundai to enter U.S. commercial vehicle market as part of $1.8 billion offensive
SEOUL (Reuters) – South Korea’s Hyundai Motor Co plans to spend around $1.8 billion by 2020 on a major offensive in commercial vehicles, including entering the race in the United States, to catch up with rivals in a rapidly growing global market.
Japan emerges from recession but growth subdued
TOKYO (Reuters) – Japan’s economy rebounded from recession in the final quarter of last year but growth was weaker than expected as household and corporate spending disappointed, underlining the challenge premier Shinzo Abe faces in shaking off decades…
U.S. port strike pushes up freight rates with ships held up offshore
SINGAPORE (Reuters) – A U.S. West Coast port strike is pushing up shipping freight rates as delays in offloading and taking on new cargo mean container ships are unavailable for new orders.
Japan’s economy emerges from recession, growth weaker than forecast
TOKYO (Reuters) – Japan’s economy rebounded from recession to grow an annualized 2.2 percent in the final quarter of last year, giving a much-needed boost to premier Shinzo Abe’s efforts to shake off decades of stagnation even as the global outlook det…
ANZ names Mark Whelan as new Australia CEO
SYDNEY (Reuters) – Australia and New Zealand Banking Group on Monday said Mark Whelan will replace Phillip Chronican as the head of its Australian business.
Greece, confident as EU meeting looms, sticks to no-austerity pledge
ATHENS (Reuters) – Greece said on Sunday it was confident of reaching agreement in negotiations with its euro zone partners but reiterated it would not accept harsh austerity strings in any debt pact.
Honda to slow U.S. output due to West Coast ports dispute
SAN FRANCISCO (Reuters) – Japanese carmaker Honda Motor Co Ltd plans to slow production at some of its plants in North America due to a parts shortage caused by a partial shutdown of ports along the West Coast.
