Best Buy shares could rise 20 percent this year: Barron’s
NEW YORK (Reuters) – Shares of retailer Best Buy Co Inc could rise 20 percent this year to $45 a share, and even beyond, Barron’s reported in its Jan. 12 edition.
Volkswagen says December sales up 2.7 percent to 881,000 vehicles
DETROIT (Reuters) – Germany’s Volkswagen said on Sunday global December sales rose 2.7 percent to 881,000 vehicles as sales across VW’s multi-brand group rose on faster growth in China and Europe that outweighed falling sales in the United States and L…
GM’s European unit to build Buicks for U.S. market
(Reuters) – General Motors is giving its German Opel unit a new job -build Buick models to sell in the United States as part of a strategy to make good on Chief Executive Officer Mary Barra’s promise to make money in Europe by 2016.
Shire to buy NPS for $5.2 billion to boost rare disease drugs
LONDON (Reuters) – Shire Plc has agreed to buy NPS Pharmaceuticals Inc for $5.2 billion in its biggest acquisition yet, as the Dublin-based drugmaker strengthens its position in the lucrative field of medicines for rare diseases.
SunEdison, Adani to invest $4 billion in Indian solar panel plant
GANDHINAGAR, India (Reuters) – Solar power firm SunEdison and Indian conglomerate Adani Enterprises plan to invest up to $4 billion in what would be one of India’s largest solar panel makers, a boost for Prime Minister Narendra Modi as he hosts an inve…
SunEdison, Adani to invest $4 billion in Indian solar panel plant
GANDHINAGAR, India (Reuters) – Solar power firm SunEdison and Indian conglomerate Adani Enterprises plan to invest up to $4 billion in what would be one of India’s largest solar panel makers, a boost for Prime Minister Narendra Modi as he hosts an inve…
Market’s ups-and-downs spell end of low volatility era
NEW YORK (Reuters) – In the last month, the U.S. stock market is down just 0.8 percent, but it’s been a bumpy ride: Since Dec. 9, the S&P 500 has had a 4 percent selloff, a 6 percent rally, and a 4 percent drop that ended Thursday with a two-day gain of 3 percent. Equities were hit hard again Friday – down almost 1 percent.
Japan readies record $800 billion 2015-16 budget: sources
TOKYO (Reuters) – Japan’s government will propose a record budget for next fiscal year of more than $800 billion but cut borrowing for a third year, government officials said on Sunday, as Prime Minister Shinzo Abe seeks to maintain growth while curbin…
Bureaucracy delaying Qatar Airways launch in Saudi: CEO quoted
DOHA (Reuters) – Complicated bureaucracy is delaying the launch of Qatar Airways’ domestic operations in Saudi Arabia, and they are now expected to start in six to 18 months, the airline’s chief executive was quoted as saying.
Exclusive: Volvo to sell Chinese-made cars in U.S. this year – execs
BEIJING (Reuters) – Volvo Car Group plans to export a Chinese-made midsize sedan this year to the United States, and is starting to weigh the possibility of building a vehicle factory in the United States, people familiar with the Chinese-owned automaker’s plans said.
