Delta Air Lines posts loss after fuel hedging, upbeat on new year
(Reuters) – Delta Air Lines Inc said on Tuesday it lost $712 million in the fourth quarter largely due to fuel hedge settlements, although the carrier topped analysts’ estimates and offered positive outlook for the start of 2015.
Stronger dollar hurts J&J’s quarterly sales
(Reuters) – Johnson & Johnson reported lower-than-expected quarterly sales as a stronger dollar offset higher sales of the Band-Aid maker’s new drugs and older treatments.
GM gets 108 more claims for faulty ignition switch compensation
(Reuters) – General Motors Co has received 108 claims for compensation for ignition switch defects in its cars in the past week, bringing the total to 2,818, according to the official administering the compensation program.
China’s 2014 economic growth misses target, hits 24-year low
BEIJING/SHANGHAI (Reuters) – China’s economy grew at its slowest pace in 24 years in 2014 as property prices cooled and companies and local governments struggled under heavy debt burdens, keeping pressure on Beijing to take aggressive steps to avoid a …
Europe shares follow Asia higher on China growth relief
LONDON (Reuters) – Shares in Europe and Asia rose on Tuesday and the dollar strengthened against the yen after China said its economy had not slowed as much as many in markets had feared.
Facebook report says it adds more than $200 billion to global economy
SAN FRANCISCO (Reuters) – With 1.35 billion users of its Internet social network, Facebook Inc would rank as the world’s second-most populous nation if it were a country.
Samsung Electronics ponders stock split to appease investors: executive
SEOUL (Reuters) – South Korean tech giant Samsung Electronics Co Ltd is considering a stock split, a company executive said on Tuesday, as sliding profits put pressure on the firm to keep investors happy.
China’s economic growth slows to 7.3 percent in fourth quarter
BEIJING (Reuters) – China’s economic growth held steady at 7.3 percent in the fourth quarter from a year earlier, slightly better than expected but still hovering at its weakest since the global financial crisis, keeping pressure on policymakers to hea…
Asia on edge, braces for China growth data
SYDNEY (Reuters) – Asian markets were on edge on Tuesday ahead of data expected to show China’s economy grew at the slowest pace in 24 years last quarter, adding to the case for more stimulus measures both at home and abroad.
Ottawa bars use of ‘Buy America’ rules at ferry project in Canada
VANCOUVER (Reuters) – The Canadian government signed an order on Monday blocking the United States from applying controversial “Buy America” purchasing rules on the demolition and reconstruction of a ferry terminal that is located on Canada’s Pacific C…
