Germany plans electric car motorway charging stations: document
BERLIN (Reuters) – Germany plans to expand the network of charging stations for electric cars across the country to help boost lackluster demand, a Transport Ministry paper seen by Reuters showed.
China’s trade growth seen falling short of target in 2014
SHANGHAI (Reuters) – China’s trade will grow 3.5 percent in 2014, implying the country will fall short of a current 7.5 percent official growth target, according to a report on the Ministry of Commerce’s website that was subsequently revised to remove …
China’s November industrial profits suffer sharpest fall in 27 months
SHANGHAI (Reuters) – Chinese industrial profits dropped 4.2 percent in November to 676.12 billion yuan ($108.85 billion), official data showed on Saturday, the biggest annual decline since August 2012 as the economy hit major unexpected headwinds in th…
Volkswagen’s Audi to step up investments in 2015-19 on models, plants
BERLIN (Reuters) – Volkswagen’s flagship Audi division is to increase spending on new models, plants and technology through 2019 to push its goal of surpassing German rival BMW as the world’s largest luxury-car manufacturer.
India working to fix e-commerce payments post-Uber case: central bank governor
MUMBAI (Reuters) – U.S. taxi-hailing company Uber Technologies violated Indian regulations by “bypassing” rules when it used an overseas gateway to conduct transactions in the country, Reserve Bank of India Governor Raghuram Rajan said in a television …
Big questions for markets for 2015
(Reuters) – Wall Street was generally calmer in 2014 than in previous years, but that doesn’t mean the stock market was devoid of drama.
U.S. retailers miss fewer Christmas deadlines: early surveys
SAN FRANCISCO (Reuters) – Major U.S. retailers missed fewer Christmas deliveries this year, according to two small, early surveys released on Friday, partly reflecting a year’s worth of investments made to avoid 2013’s last-minute shipping debacle.
Women’s apparel, dining drive U.S. holiday sales: MasterCard
(Reuters) – U.S. retail sales rose 5.5 percent from the day after Thanksgiving through Christmas Eve as solid demand for women’s apparel, jewelry and casual dining offset surprisingly sluggish sales of electronics, MasterCard said in its holiday spendi…
Russia forecasts economic slump as bailed-out bank gets more funds
MOSCOW (Reuters) – Slumping oil prices have put Russia’s economy on course for a sharp recession and double-digit inflation next year, government ministers said on Friday, as authorities scaled up a bailout for the first bank to succumb to this month’s…
Shares rise in thin post-holiday trade; oil, natural gas slip
NEW YORK (Reuters) – U.S. stocks pushed higher on Friday, with the Dow and S&P 500 both closing at record highs, while oil and natural gas fell on worries of a supply glut and on mild U.S. weather.
