Audi could hit two million car sales goal ahead of 2020
INGOLSTADT, Germany (Reuters) – German luxury carmaker Audi could reach its goal of 2 million sales a year before its 2020 target, helped by revamped models and new sport-utility vehicles, its chief executive told Reuters.
U.S. labor costs up solidly in fourth quarter
WASHINGTON (Reuters) – U.S. labor costs rose solidly in the fourth quarter, which could keep the Federal Reserve on track to raise interest rates this year.
World investors’ cash holdings highest since 2012: Reuters poll
LONDON (Reuters) – World investors increased cash holdings in January as they braced for a choppy year with markets buffeted by conflicting forces such as diverging monetary policy and rising geopolitical risks, a Reuters poll shows.
U.S. funds raise cash allocations, cut stocks as risks rise: Reuters poll
(Reuters) – U.S. fund managers recommended increasing cash allocations to their highest in at least seven years in January as low global inflation and surprise easing by major central banks prompted defensive rearrangements to model portfolios.
Exclusive: Russia’s Rosneft will not resume drilling in Kara Sea in 2015 – sources
MOSCOW (Reuters) – Russian state-controlled oil company Rosneft will not be able to resume drilling in the Kara Sea this year after Western sanctions halted its cooperation with ExxonMobil in a major setback for Moscow’s energy ambitions, two company s…
Oil price will average less in 2015 than during financial crisis: Reuters poll
(Reuters) – Crude oil will likely continue falling before posting only a mild recovery in the second half of this year, a Reuters survey of analysts showed on Friday, with prices set to average even less in 2015 than during the global financial crisis….
European investment fund set for September start
FRANKFURT (Reuters) – A fund to bolster investment in Europe should be up and running by September, an EU official said on Friday, outlining the timetable for a highly leveraged scheme to bolster growth in a moribund EU economy.
Dollar set for record run, European shares rise
LONDON (Reuters) – The dollar was on track on Friday for its best run since it was floated in 1971, notching up a seventh straight month of gains, while European shares headed for their best monthly performance in more than three years.
Three months on, fruitless CEO search overshadows Sanofi
PARIS (Reuters) – Barring a last-minute breakthrough, drugs firm Sanofi’s Chairman Serge Weinberg may have to acknowledge in his results presentation next week that the hunt for a new chief executive is not going well.
Qatar Airways takes $1.7 billion stake in British Airways-owner IAG
LONDON (Reuters) – Qatar Airways has bought a 9.99 percent stake in International Consolidated Airlines Group (IAG) worth around 1.15 billion pounds ($1.7 billion), building closer ties with the owner of its partners British Airways and Iberia in the o…
