Merkel ally urges ECB not to buy struggling states’ bonds
BERLIN (Reuters) – A senior member of Angela Merkel’s party warned the European Central Bank not to pour money into Greece and other struggling euro zone states through bond purchases, saying this would reduce pressure on them to enact much-needed refo…
Russia oil output hits post-Soviet high, small firms help
MOSCOW (Reuters) – Russia’s 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 percent helped by small non-state producers, Energy Ministry data showed on Friday.
China factory slowdown a force for disinflation, Asia faces softer demand
SYDNEY (Reuters) – China’s growth engine looks to have ended last year on a flat note as its massive factory sector sputtered in December, though ebbing price pressures also offered scope for more policy stimulus from Beijing and across much of Asia.
Hyundai-Kia see 2015 sales growth weakest in 12 years
SEOUL (Reuters) – Hyundai Motor Co and affiliate Kia Motors Corp forecast sales this year to grow at the slowest pace since 2003, hampered by capacity constraints and a weaker yen that is likely to give Japanese rivals an edge in key markets.
Hyundai-Kia sees slowest sales growth in 12 years in 2015
SEOUL (Reuters) – Hyundai Motor Co and affiliate Kia Motors Corp aim to lift global vehicle sales by 2.5 percent in 2015, as capacity constraints and a weak market recovery set up the South Korean pair for their slowest expansion in 12 years.
General Motors issues three new recalls, cites ignition systems
NEW YORK (Reuters) – General Motors Co on Thursday announced three new recalls affecting nearly 84,000 sport-utility vehicles and pickup trucks, saying their ignition systems may have problems that could affect engine power and air bag deployment.
General Motors issues three new recalls: reports
NEW YORK (Reuters) – General Motors Co announced three new recalls affecting more than 83,000 sport-utility vehicles and pickup trucks that may have faulty ignition systems, the Wall Street Journal and the Detroit News reported on Thursday.
China December factory PMIs suggest economy cooling further, more stimulus expected
BEIJING (Reuters) – China’s factory activity sputtered in December, underlining the challenges facing the country’s manufacturers as they fight rising costs and softening demand in a cooling economy.
Wall St. lower but finishes year with solid gains
NEW YORK (Reuters) – U.S. stocks fell on Wednesday as crude oil prices continued their descent, but the S&P closed out a third straight year of double-digit gains.
Wall St. lower but finishes year with solid gains
NEW YORK (Reuters) – U.S. stocks fell on Wednesday as crude oil prices continued their descent, but the S&P closed out a third straight year of double-digit gains.
